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Restaurant owners in the nation's capital, whose counterparts in Boston recently exhibited their own discontent with the American Express card, are unlikely to uniformly discontinue using the card at any [...]

Consumers may be relying less on credit cards, according to a survey commissioned by Bankrate.com and released Monday. The survey, which polled 1,000 consumers about their attitude toward credit cards, [...]

Credit card issuers spent the year raising interest rates, lowering credit limits, and pulling back on direct mailings as chargeoffs mounted. No one is predicting a letup in 2009, when [...]

The Arkansas Department of Correction and the Information Network of Arkansas have begun offering a system that lets friends and relatives of inmates use credit cards to make deposits to [...]

Some 80%, or 598 million, of all general-purpose credit cards issued in the U.S. were rewards-based, a 15% increase from the 2006 number of 520 million, according to The U.S. [...]

The continuing financial crisis has led to calls for further consolidation - under the premise that it would enable at least some banks to survive - and for the ramping [...]

FirstView LLC is pitching a checking product designed to make its prepaid payroll cards a competitive alternative to bank accounts. The Atlanta card marketer expects to begin offering the checks [...]

A midsize Montana bank has built a thriving credit card portfolio by replacing a paper-based scoring matrix with an automated decision-making system. Last year net income at First Interstate Bank's [...]

As credit card chargeoffs climb, the amount issuers can expect to recover quickly on these debts is falling. The increased supply of charged-off receivables has lowered the prices secondary buyers [...]

Insider Paypal, that modern invention that allows online shoppers to pay for stuff without revealing their bank details, is doing its bit for the credit crunch. In its own small [...]

Consumers loaded $179.6 billion on closed-loop, prepaid cards last year, a 5% increase, Mercator Advisory Group has reported. The total loaded on both sorts of prepaid cards - both open-loop [...]

Target Corp. said it is tightening its terms and underwriting criteria for cardholders in places that have been hit the hardest by declining home values, including California, Arizona, Florida, and [...]

Home Buyer Systems has announced a new facility which enables mortgage brokers to take card payments from customers. Home Buyer Systems has announced a new facility which enables mortgage brokers [...]

THE industry is in danger of passing its problems on to credit companies - and firms may face higher charges or even refusal of credit as a result. The warning [...]

Credit card defaults have been rising for about a year, and observers say measures that issuers have taken in recent months will make the problem worse, at least in the [...]

Credit card chargeoffs that have not been assigned to a collection agency are selling for 7 to 9 cents on the dollar, down several cents from the past two years, [...]

If so, you will need to consider cost-effective ways of spending money, says Paul Lewis Summer may be over but you may have postponed your holiday until autumn or winter. [...]

A day after the House passed a bill to rein in many common credit card billing practices, consumer advocates tried to stoke public outrage about another aspect of the business: [...]

More people who use Target Corp.'s cobranded credit cards are not paying their bills, and those who make payments are paying less, the company has found. The August payment rate, [...]

It's not what you buy on your trip, it's how you buy it that mattersread on for simple ways to get the most for each dollar when you're traveling overseas. [...]

Call it the great payments wall of China. As the country's payments volume has grown to account for more than a quarter of the world market, U.S. networks have been [...]

Visa Inc. said Monday that spending on its cards in China increased 11% from a year earlier on the day the Summer Olympics officially began in Beijing. The payments network [...]

The card industry's efforts to increase small-business acceptance is finding stiff resistance at the point of sale in a market with the potential for high volume: New York taxis. The [...]

JCB Co. Ltd., which runs the largest card network in Japan, said Monday it has agreed to issue a cobranded credit card for Walt Disney Co. (Japan) Ltd. Cardholders will [...]

WASHINGTON - THE FEDERAL RESERVE BOARD APPEARS TO HAVE KILLED CONGRESSIONAL APPETITE TO REIN IN CREDIT CARD PRACTICES - AT LEAST FOR THIS YEAR. Though lawmakers continue to say the [...]

Discover Financial Services said Tuesday that it has purchased Citigroup Inc.'s Diners Club International credit card network. The Riverwoods, Ill., card company paid $165 million for the network, which it [...]

Two surveys on debit card overdraft fees have reached very different conclusions about consumer preferences. According to a survey the Center for Responsible Lending released last month, the majority of [...]

To the casual observer, the prepaid card industry appears to have been designed by Rube Goldberg, the 20th-century cartoonist whose contraptions made simple tasks unnecessarily complex. As many as five [...]

Few technological retail banking innovations have proved as spectacularly successful as the humble payment card. From London to Taiwan, the payment card has achieved a status that is both truly [...]

Byline: Women'S Health - Editorial Sta, N/A Plastic fantastic Find a card that rewards you for how you live Don't just pick a card, any card. Reward cards--credit cards that [...]

A study explores the perceptions of ownership and usage patterns among Singapore credit card holders, reasons influencing ownership and use and related variations among demographic groups. Findings reveal that the number of credit cards among Singapore cardholders is influenced by income and gender, and various perceptions of card ownership and use including overspending, savings, unreasonable interest rates and status symbol.

The San Jose retailer Fry's Electronics Inc. has agreed to accept American Express Co. cards at all of its 34 stores. Fry's, which announced the acceptance agreement Monday, said that [...]

A dispute between Neiman Marcus Group Inc. and HSBC Holdings PLC, which issues the department store company's private-label credit cards, highlights the potential for tensions between issuers and their retailer [...]

It's unofficial, but financial pundits and research confirm that recession has hit home, and credit card firms can't keep up their carefree ways Over the past few years, from soon […]

Taking aim at American Express Co., the industry leader in travel cards, JPMorgan Chase & Co. introduced a pair of corporate travel and entertainment products Tuesday offering benefits such as [...]

Yodlee Inc. says its online bill payment customers have found a way to turn a profit on one of its services. The Redwood City, Calif., vendor says some banks are [...]