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    Credit Card Industry

    News articles on Credit Card Industry



    Debt Slavery: What The Bankruptcy Bill Could Do To You  01 Apr 2005
    ...a living. You follow? Another problem is that personal bankruptcies were cleaning out the credit card industry. According to CardWeb ... Common Dreams

    How and Why We're Working to Block the Bankruptcy Bill  01 Apr 2005
    ...rates for good honest Americans. But profits in the credit card industry have been rising, not falling. These companies should limit ... Columbus Free Press,

    Credit Cards Aren't Evil  01 Apr 2005
    ...money. Learn many surprising and important things about the credit card industry and how to get out of debt in our Credit Center. ... Motley Fool

    Bankruptcy bill hurts consumers  01 Apr 2005
    ...debt. Instead, this would siphon yet more money from hard-pressed people into the deep pockets of the credit card industry. Last ... Asbury Park Press,

    Industry Update  Mar 28, 2005
    The company bases its Keynote Customer Experience (CE) Rankings for the credit card industry on research with 2,000 prospective customers as they evaluated and ... Green Sheet

    Credit card industry pulling off appalling bankruptcy legislation ...  Mar 12, 2005
    The credit card industry donated some $40 million to the campaigns of political candidates over the past decade, in addition to spending untold millions on ... Whittier Daily News,

    Credit Report Repair Company Shares Facts about Credit Card ...  Mar 16, 2005
    Lee Harrison Credit Restoration shares the facts behind credit card interest rates, including little-known practices of credit card companies concerning the ... Emediawire (press release),

    readers weigh in on bankruptcy  Mar 30, 2005
    ...it, too. Why are lawmakers so gung-ho about passing this law now, after eight years of lobbying by the credit card industry? One ... Bankrate.com

    Credit industry boosts charges, yet pushes law  Mar 6, 2005
    Analysts said that lost in the uproar over particular practices and cases is the fact that the credit-card industry has almost completely re-made itself in the ... Arkansas Democrat-Gazette (subscription),

    Ask the Biz Brain  Mar 28, 2005
    The credit card industry today uses sophisticated software to spot and halt suspicious transactions, which has greatly improved its ability to combat fraud. ... Newark Star Ledger,

    Bankruptcy bill a disgraceful bow to credit industry  Mar 12, 2005
    The credit card industry donated some $40 million to the campaigns of political candidates over the past decade and spent untold millions on lobbying to ... Charlotte Observer,

    Banks Eye Chip-Based Cards To Stop Cloning  Mar 25, 2005
    ...up with a winning strategy against "credit card cloning" with its chip-based smart card technology or EMV cards, which Brunei's credit card industry could be ... Bru Direct,

    Perks should not determine a consumer's credit card of choice ...  Mar 21, 2005
    ...discounts," he added. But the credit card industry has rejected claims that new benefits are worth less than the old ones. Halifax told ... News Target,

    Arvind Singhal: Onset of hypercompetition?  Mar 30, 2005
    ...that are beginning to show some signs of emergence of hyper-competitive activity include consumer durables, telecom, the consumer credit card industry, and the ... Business Standard,

    Credit Card Penalties, Fees Bury Debtors  Mar 5, 2005
    ...unconscionable.". The bankruptcy measure now being debated in Congress has been sought for nearly eight years by the credit card industry. ... Washington Post

    Rebates on Credit Cards Can Be Tough to Figure  Mar 26, 2005
    ..."Because market share in the credit card industry is dominated by a handful of huge companies, they all have the wherewithal to dangle a shiny card in front of ... Los Angeles Times (subscription),

    Did card issuers need bankruptcy bill?  Mar 12, 2005
    Analysts said that lost in the uproar over particular practices and cases is the fact that the credit card industry has remade itself since it began pushing ... Northwest Herald,

    Beware some counseling services  Mar 28, 2005
    Since Congress is intent on making the federal government a collection agency for the credit card industry, I hope the trustee program will steer debtors ... The State,

    Caving in to credit card companies  Mar 18, 2005
    ...merry way. It’s the ordinary folks who max out on credit cards who are hurt by the changes pushed by the credit-card industry. The ... Mount Vernon News,

    Bankruptcy laws won't change credit flaws  Mar 27, 2005
    The new law has its critics. Some believe that it is the product of years of intense lobbying, and campaign financing, by the credit card industry. ... Everett Herald,

    Are you a credit card addict?  Mar 24, 2005
    Jump". But for the one standing on the edge make a decision in favor of yourself and your family instead of the credit card industry. ... Khalsa News Network,

    A bankrupt bill: Credit industry benefits from one-sided reforms  Mar 14, 2005
    And since the bill was largely written by the credit card industry, no attention was paid to the 5 billion solicitations credit card companies send out every ... The Register-Guard,

    Look before you decide to engage credit counselor to manage debt  Mar 26, 2005
    Since the Republican-led Congress is intent on making the federal government a collection agency for the credit card industry, I hope the trustee program will ... DetNews.com,

    Londoners suffer card fraud boom  Mar 7, 2005
    Sandra Quinn, director of credit card industry body Apacs, said: 'Any fraudster worth his salt knows this is probably the last year he is going to get easy ... This is London,

    S&P is optimistic on Korean banks  Mar 25, 2005
    Poor's said. Diminishing risk in the credit-card industry is key to the banks' strengthening credit quality, S&P said. South Korean ... Joongang Ilbo,

    Profits sag, so MBNA reinvents itself  Mar 13, 2005
    Craig Maurer, a credit card industry analyst with Fulcrum Global Partners, a New York investment firm, said MBNA will face "stiff competition" from entrenched ... The News Journal,

    The Bankruptcy Of Reform  Mar 17, 2005
    There are gamblers, deadbeat dads and all other manner of scum that are bilking the feeble credit card industry of their hard-earned profits, they sang. ... Queens Chronicle,

    Cashing in on foreign currency  Mar 27, 2005
    But David Robertson, who publishes an influential newsletter on the credit card industry called the Nilson Report, said Hertz and a relative handful of other ... San Francisco Chronicle

    The color of money  Mar 27, 2005
    WASHINGTON -- The relentless battle by Republicans in Congress, egged on by the credit card industry, to push through a bankruptcy bill reminds me of George ... Shreveport Times,

    Credit card penalties, fees bury debtors  Mar 8, 2005
    ...unconscionable.". The bankruptcy measure being debated in Congress has been sought for nearly eight years by the credit card industry. ... Myrtle Beach Sun News,

    As credit rises, so does bankruptcy  Mar 27, 2005
    Travis Plunkett, legislative director for the Consumer Federation of America, said the credit card industry could help control bankruptcy filings. ... Times Picayune,

    Credit-Card Issuers to Win Senate Passage of Bankruptcy Bill  Mar 11, 2005
    ...``This legislation makes the bankruptcy courts of the United States the collection agency for the credit-card industry,'' Kennedy said. ... Bloomberg

    Lobbying propels bankruptcy reform  Mar 20, 2005
    ...recent analysis of the Senate's 74-25 vote approving the bill, the center found that from 1999 through 2004, finance and credit-card industry political action ... OregonLive.com,

    Bankruptcy bill bad for debtors  Mar 23, 2005
    ...this is usually the case, and I'm not inclined to see this as the story of greedy, deadbeat consumers who have been abusing the hapless credit card industry. ... Bankrate.com

    Credit card companies peddle phony baloney  Mar 12, 2005
    ...problem. For all the whining by the credit card industry, their profits went from $12.9 billion in 1995 to $31.6 billion in 2004. ... In-Forum (subscription),

    Letters, faxes, and e-mail  Mar 26, 2005
    The bill benefits the very profitable ($30 billion in 2004) credit card industry at the expense of the moderate-income families who are the largest majority of ... Moblie Register,

    Bankruptcy reform appears on its way  Mar 20, 2005
    King, the Boise personal bankruptcy lawyer, also blames the credit card industry for making credit available to "anybody with a heartbeat.". ... IdahoStatesman.com,

    Managing credit scores not so simple  Mar 18, 2005
    The mortgage industry uses FICO credit scores, as opposed to one or two other scoring systems used by the automobile industry and the credit card industry. ... Auburn Journal,

    Bankruptcy Reform And You  Mar 18, 2005
    Over the past several years, Congress, with by heavy support from the banking and credit card industry, has considered legislation that would make it harder ... CBS News

    March is College Credit Card, Credit Healthy Month  Mar 3, 2005
    ...com. Larry Chiang, a college credit card industry stalwart, pointed towards the trend of colleges banning credit card tabling. He ... PR Web (press release),

    Going for broke: Credit card companies big winners in bankruptcy ...  Mar 12, 2005
    ...``The credit card industry has been working long and hard to pass this bill,'' said Steven Weiss, the center's communications director. ... Boston Herald

    Downsizing reflects cooling of once-hot credit card lending  Mar 15, 2005
    ...market realities. From 1998 to 2001, the credit card industry had an average growth each year of more than 8 percent. MBNA's growth ... Bangor Daily News,

    No Borders, Inc. Announces Initiation of Mass Debit Card ...  Mar 17, 2005
    Chairman of the member of Equity One holding a majority interest in that company, Ed Shelton, is a pioneer in the debit and credit card industry, having served ... Business Wire (press release),

    Your views  Mar 23, 2005
    ...our children. To my way of thinking, the credit card industry needs more regulation than the Chapter 7 bankruptcy law. This industry ... Huntsville Times,

    Credit card use blossoms in Mexico  Mar 3, 2005
    By the first month of 2005, the credit card industry had bloomed to nearly $8 billion, up from $2.6 billion reported in January 2002, El Universal reported ... Big News Network.com,

    Looming law may bring bankruptcies  Mar 20, 2005
    After nearly eight years of intense debate and lobbying by consumer advocacy groups and the credit card industry, the Senate passed a bill last month designed ... The News Journal,

    Recent editorials from New Jersey newspapers  Mar 1, 2005
    Pushed for years by the credit card industry, the bill would make it impossible for many people who get into financial trouble to start fresh. ... Newsday,

    30% interest rates: Sound business or loan sharking?  Mar 11, 2005
    And if the credit card industry gets its way in Congress, as now appears virtually certain, many consumers won't be able to get a fresh start even there. ... Yahoo News

    New credit card bares BU seal  Mar 14, 2005
    ...process is not difficult. "The credit card industry is very competitive and people use them as a daily routine.". Kleekamp said the ... Daily Free Press (subscription),

    If You Ain't Broke, Congress Has Fixed It  Mar 22, 2005
    The millions of dollars in campaign donations contributed by the credit card industry over the years was money well spent," wrote the center's Steven Weiss on ... Washington Post

    Bringing Back Debtors Prison  Mar 21, 2005
    ...improve the bill, Feingold spoke out on the floor against the "shadowy coalition of groups that are behind this bill--mainly the credit-card industry--and vote ... Progressive.org

    Banks Credit Quality Improve: S&P  Mar 25, 2005
    Diminishing risk in the credit card industry is a key factor for the banks' strengthening credit quality, and both asset quality and capitalization are in ... Korea Times,

    Bipartisan "Consumer Suicide Encouragement Act of 2005" Advances ...  Mar 11, 2005
    ...which is expected to become law once it is rubber-stamped by the corruption-raked House of "Representatives," is a fresh start...for the credit card industry. ... Morons.org

    Bankruptcy reform more sickly Washington legislation  Mar 19, 2005
    The bill, which was mostly drafted by the banking and credit card industry, will make it harder to file for Chapter 7 bankruptcy, which allows consumers to ... Arkansas News,

    New state law aims to cut down identity theft  Mar 1, 2005
    ...to implement steps to protect consumers. Initially, the credit-card industry resisted the law. However, the industry realized it ... News-Herald.com,

    Citigroup to move 425 jobs from Del.  Mar 7, 2005
    She said the consolidation is not driven by a slowdown in growth that's hitting the credit card industry, including Wilmington-based MBNA Corp. ... The News Journal,

    Dumping on debtors  Mar 5, 2005
    Republicans in Congress are pushing a bankruptcy bill that would hurt consumers while helping to enrich the credit card industry. ... St. Petersburg Times,

    Money Talks: Campaign Contributions From Finance/Credit Interests ...  Mar 15, 2005
    Judging by last week's Senate vote on bankruptcy legislation, the millions of dollars in campaign donations contributed by the credit card industry over the ... Common Dreams

    Bankruptcy changes likely Bankruptcy: SD senators supported bill  Mar 10, 2005
    ..."It's very discouraging to see representatives and senators siding with the credit card industry over the people they represent," he said. South Dakota Sens. ... Sioux Falls Argus Leader,

    Arianna Huffington  Mar 9, 2005
    Make no mistake, the inequitable nature of the bill -- bending over backward to help the credit card industry while sticking it to American working people who ... Salon

    NESDB concerned about debt  Mar 20, 2005
    The rapid growth of the credit card industry came in 2001 when the minimum income requirement for a credit card applicant was cut to 7,500 baht in 2001 from ... Bangkok Post,

    Interest rate free-for-all  Mar 3, 2005
    ...increases of one sort or another. And we haven’t even got to the banking and credit card industry yet? You can safely add another ... Crikey,

    Gregory Stanford  Mar 5, 2005
    ...with Congress. It whores after high rollers - in this case, the credit card industry - at the expense of ordinary citizens. The ... Milwaukee Journal Sentinel,

    Bankruptcy changes could hit region hard  Mar 21, 2005
    ...information. The legal profession has problems with many elements of the bill, which they say favors the credit card industry. They ... phillyburbs.com,

    The Morning Mail  Mar 18, 2005
    ...peddlers. Clearly, the voice of the financially troubled individual is not as strong or organized as that of the credit card industry. ... Milwaukee Journal Sentinel,

    NBC Correspondent To Focus on Finance  Mar 25, 2005
    ...on the increased cost of health care and its impact on the economy, alternative fuel vehicles, identity theft and the politics of the credit card industry. ... Broadcasting & Cable (subscription),

    Tougher bankruptcy law garners mixed reaction  Mar 14, 2005
    ...it. It is much more favorable to the credit card industry and it is not going to allow honest debtors a fresh start," Duggan said. ... The Trentonian,

    Del. firms push for bankruptcy bill  Mar 6, 2005
    WASHINGTON -- Cheered on by the credit card industry and Delaware's congressional delegation, the Senate is once again considering a major overhaul of the ... The News Journal,

    Congress again moves to toughen bankruptcy laws  Mar 7, 2005
    By JENNIFER BROOKS. WASHINGTON - Cheered on by the credit card industry, the Senate is once again considering a major overhaul of the nation's bankruptcy laws. ... Zanesville Times Recorder,

    Awaiting 'flood' of bankruptcies  Mar 11, 2005
    This leaves opponents of the bill wondering whether the hugely profitable credit card industry is buying legislation to squeeze a few more bucks out of people ... Buffalo News,

    Calculus? Best teach teens of checkbooks and plastic  Mar 13, 2005
    Your job as a parent isn't to curse the pernicious reach of the credit-card industry, but to prepare your child to use plastic and every other financial tool ... San Diego Union Tribune

    Legislation would make it more difficult to escape debts  Mar 10, 2005
    ...abuse borrowers and spendthrifts, the bill "sacrifices the hopes and dreams of average Americans to the rampant greed of the credit card industry," said Sen. ... MarketWatch

    US Senate Passes Bill to Tighten Bankruptcy Rules (Update1)  Mar 10, 2005
    ...``This legislation makes the bankruptcy courts of the United States the collection agency for the credit-card industry,'' said Massachusetts Democrat Edward M ... Bloomberg

    Senate approves overhaul of US bankruptcy system  Mar 10, 2005
    Consumer groups say the bill is a bonanza for the already highly profitable credit card industry, and is disastrous for consumers who, once the legislation ... Channel News Asia,

    Phil Purcell's Credibility Crisis  Mar 10, 2005
    ..."But there's growth and then there's growth," cautions David Robertson, publisher of The Nilson Report, a credit-card industry newsletter. ... BusinessWeek

    Bankruptcy: Bust or benefit?  Mar 13, 2005
    In this case, the elephant is the credit-card industry and the American Bankers Association, which both lobbied heavily in favor of the bill and donated $2.2 ... Portsmouth Herald News,

    Hidden dangers to bankruptcy overhaul  Mar 13, 2005
    ...those 29 percent APR (after the introductory rate expires) credit cards are more attractive targets to the seamier element of the credit card industry than you ... Fairfield Daily Republic,

    New rules considered for personal loans  Mar 6, 2005
    Controls would include limits on fees, interest rates and salary minimums for applicants in a way similar to those already in place for the credit card industry ... Bangkok Post,

    Fliers frequently finding miles more pain than gain  Mar 13, 2005
    Behind recent developments are the airlines' shifting economics, which were built in part on cooperation with the credit card industry. ... Chicago Tribune (subscription)

    March 6th, 2005 - New York (apj.us) - The Democrats know that ...  Mar 7, 2005
    ...in smoke. Kennedy blasted it as a giveaway to the credit-card industry, which he said "is the most profitable in America. We're ... American Politics Journal,

    Face the Facts  Mar 22, 2005
    Responsive Politics, since 1999 the Democrats who voted against the bill each have received an average of $20,200 from the credit card industry, as compared to ... In These Times,

    MBNA closes Rockland, Northport offices; Rockland seeks new ...  Mar 17, 2005
    The goal was to help reduce the ranks in management positions as the credit-card industry as a whole grapples with reduced earnings. ... Knox Village Soup,

    Republicans pay no more than lip service to black voters  Mar 23, 2005
    The Senate recently passed a bill, written by the credit card industry eight years ago and defeated by the Democrats, until now, making it much tougher for ... Henderson Daily Dispatch,

    A bill making it harder to file Chapter 7 bankruptcy may be a ...  Mar 24, 2005
    Pelofsky said the bill would transfer more costs to the public while reducing lending risks for the credit card industry, which has spent millions lobbying for ... News Target,

    Bankruptcy bill gains steam  Mar 10, 2005
    ...price controls." Dayton, who voted against the bill, called it "a totally one-sided assault on real Americans" and said the credit-card industry has seen its ... Minneapolis Star Tribune (subscription),

    Bankruptcy bill nears Senate passage  Mar 9, 2005
    Consumer groups said the bill's changes would fall especially hard on the poor while doing nothing to rein in abusive credit-card industry practices. ... Investor's Business Daily (subscription)

    How statistics deal with you, when you cant afford it but you ...  Mar 24, 2005
    Standard and Poor's reports that the credit card industry wrote off 6.7% of balances as uncollectable which is the highest in years. ... Khalsa News Network,

    Fairness in bankruptcy  Mar 3, 2005
    ...sets a means test for the most permissive of the available bankruptcy provisions but does nothing to crack down on the credit card industry's practice of ... Boston Globe

    Senate OKs sweeping change to bankruptcy law  Mar 10, 2005
    ...be. He said the credit card industry has been irresponsible in sending credit cards to Americans with few financial resources. "It ... Kansas City Star,

    Tell Senators to Oppose Unfair Bankruptcy "Reform"  Mar 3, 2005
    ...would punish the victims of financial catastrophe - including many of the most vulnerable Americans - while helping the credit card industry saddle working ... Civilrights.org (press release),

    Congress close to passing change in bankruptcy laws  Mar 10, 2005
    Burke said the legislation was written by and for the credit card industry. “Insanity is what it is, but the credit card industry ... The State,

    Bankruptcy Bill is Congress' Shame  Mar 7, 2005
    ..."What the credit card industry has been doing the last 10 years is akin to sending free samples of alcohol to alcoholics," says Travis Plunkett, legislative ... Common Dreams

    Editorial: Put brakes on bankruptcy bill  Mar 15, 2005
    Congress is set to strengthen the hand of the credit card industry and weaken that of consumers, as if the lucrative industry doesn't already enjoy a strong ... Milwaukee Journal Sentinel,

    Archived links. These articles may no longer be available. To access these articles you will need to contact the listed source publication (i.e. LA Times, CNN, etc).




    Amex, MBNA Enter Credit Card Alliance  29 Jan 2004
    ...and chief executive Ken Chenault said in a statement accompanying the announcement that the alliance "marks a fundamental change in the US credit card industry ... (San Jose Mercury News, CA)

    American Express and MBNA Announce Card Issuing Alliance  29 Jan 2004
    Today's news marks a fundamental change in the US credit card industry and we believe it will lead to better value and greater choice for consumers," said Ken ... (PRNewswire (press release))

    CREDIT-CARD INDUSTRY: BOT worried by rise in defaulters  Jan 26, 2004
    The Bank of Thailand is to monitor the credit-card industry more closely after seeing the default rate rise to 6 per cent in September. ... (The Nation, Thailand, Thailand)

    The dangers of relying on credit cards  Jan 28, 2004
    The credit card industry is wedded and chained to its small print, impenetrable conditions and complicated interest calculations. ... (BBC News, UK)

    New rules may still spark deluge of unsolicited cards  Jan 27, 2004
    But there are reasons to suspect that this may not be the case. For one thing, the credit card industry is fundamentally a volume-driven business. ... (Business Times Singapore (subscription), Singapore)

    SBI cards set for Sri Lanka debut  Jan 27, 2004
    ...credit cards. The Indian credit card industry has been witnessing around a 31 per cent compounded annual growth rate. On account ... (Business Standard, India)

    Bank One Acquires Circuit City's Credit Card Business  Jan 21, 2004
    ...more consolidation in the industry, said David Robertson, publisher of the Nilson Report, a California-based newsletter that covers the credit card industry. ... (MENAFN, Middle East)

    Growing crisis underlies bank mega-merger  Jan 25, 2004
    Citicorp is a huge retail banker that monopolizes the credit card industry; Travelers is a giant holding corporation that has absorbed other financial ... (Workers World, United States)

    MIB sells $3.1 million credit card portfolio  Jan 25, 2004
    TCM Bank provides consulting services to ICBA Bancard Direct Issuers, advising them how to best remain profitable and competitive in the credit card industry. ... (Jefferson City News Tribune, MO)

    Banks merger has pros, cons for Del.  Jan 24, 2004
    ...may take a hit in the short term as a result of the proposed merger between JP Morgan Chase and Bank One, experts said, but the state's credit card industry ... (The News Journal, DE)

    Malaysian customers spoilt for choice f credit cards  Jan 23, 2004
    This also clearly signifies more room for growth in the local credit card industry which has yet to be fully tapped by credit card issuers in the country ... (The Star, Malaysia)

    Credit cards look for an Ace  Jan 21, 2004
    ...guess. This is symptomatic of the Indian credit card industry that has been growing at a 31 per cent compounded annual rate. In ... (Business Standard, India)

    Bankers: No cause for concern over credit cards  Jan 23, 2004
    ...out the cards. Moreover, non-performing loans for the credit card industry wide is said to be just over 4%. “What transpired in ... (The Star, Malaysia)

    4 scary ways creditors gouge you  Jan 22, 2004
    For a few years in the mid- to late-1990s, people with credit troubles found themselves among the most sought-after customers in the credit-card industry. ... (MSN Money)

    Bank Merger Likely to Mean New Terms for Credit Card Holders  Jan 15, 2004
    However the card is branded, it will most likely come with new terms. "Watch your mailbox," said Robert Hammer, a credit card industry consultant. ... (New York Times)

    Credit card woes trigger plummet in ABS market  Jan 18, 2004
    That figure was down significantly from 2002, when the credit card industry accounted for more than half the total value of ABS issued. ... (Joongang Ilbo, South Korea)

    SKorean credit card problem serious  Jan 14, 2004
    ...say the bailout may not be enough to normalize LG Card in a year, given the uncertain business environment surrounding South Korea's credit card industry, LG ... (Business Day, South Africa, South Africa)

    Drum Major Institute Report Shows Presidential Candidate ...   Jan 26, 2004
    ...- Several candidates refused to commit to support for various proposals, including Clark on increasing federal regulation of the credit card industry, Dean on ... (U.S. Newswire (press release), DC)

    Transferring balances carries some caveats  Jan 23, 2004
    Officials of Midwest Airlines, too, understand that the solicitation is unclear. "We recognize this is common practice in the credit card industry, but ... (Milwaukee Journal Sentinel, WI)

    To heck with the tech wreck: IT's still got a long way to go  Jan 22, 2004
    There will be enormous privacy flak, but the financial gains for the credit card industry and greater simplicity for customers are so great that this will ... (The Australian, Australia)

    How that huge credit limit can hurt you  Jan 19, 2004
    In the go-go 1990s, competition in the credit card industry was so fierce that issuers offered cards to more consumers without established credit histories ... (MSN Money)

    Credit cards: Fears of excess spending  Jan 19, 2004
    ...yesterday. He was speaking at seminar on legal standards in the credit-card industry, hosted by Thammasat University’s law faculty. ... (The Nation, Thailand, Thailand)

    Korean credit cards: from bad to worse  Jan 20, 2004
    January 20, 2004 3:25 PM GMT (Datamonitor) - The crisis in the South Korean credit card industry goes on unabated. Despite the bailout ... (UK Comment Wire, UK)

    Consumer debt grows at alarming pace  Jan 13, 2004
    Robert D. Manning, a leading expert on the credit card industry, sees families as likely to come under even greater stress as interest rates -- currently near ... (MSNBC)

    Merger presents challenge for card brands  Jan 19, 2004
    ...business to the other. The JP Morgan Chase-Bank One move will throw the credit card industry into a tailspin. In addition to ratcheting ... (Financial Times (subscription), UK)

    New plastic, terms likely after merger  Jan 18, 2004
    However the card is branded, it will most likely come with new terms. "Watch your mailbox," said Robert Hammer, a credit-card industry consultant. ... (Arizona Republic, AZ)

    Common perils land folks in bankruptcy  Jan 18, 2004
    Cobb said many of the people he sees blame the credit card industry for aggressive marketing campaigns that promote a seemingly bottomless pit of credit. ... (Hampton Roads Daily Press, VA)

    Credit card fees cost billions  Jan 5, 2004
    ...year. That figure is set to rise again in 2004, according to RK Hammer Investment Bankers, which follows the credit card industry. ... (Calgary Herald, Canada)

    STREET WISE: SCB unveils record profit  Jan 19, 2004
    Thailand’s booming credit-card industry, fuelled by low-interest rates and rising consumer spending, will face a price war this year, top local credit-card ... (The Nation, Thailand, Thailand)

    Regulators Come Under Audit  Jan 18, 2004
    The country's policymakers and regulators will soon come under a large-scale audit on their maneuvering of the credit card industry and its recent troubles. ... (Korea Times, South Korea)

    Credit Cards Need Warning Notice  Jan 9, 2004
    Many of us had an illusion of living in a paradise where you can spend someone else's money when we watched the rapid growth of credit card industry. ... (Korea Times, South Korea)

    Banks ignore the retiree market for credit cards  Jan 12, 2004
    What's probably not helping the credit card industry here is the lack of data on the wealth of Singapore's senior citizens, and their spending habits. ... (Business Times Singapore (subscription), Singapore)

    KDB to pick new LG Card CEO by end January  Jan 13, 2004
    ...to close at Won1,135. Trouble in South Korea's credit card industry were not limited to just LG Card. On Tuesday, union workers ... (Financial Times (subscription), UK)

    TSYS Reports 12.1% Increase in Net Income for 2003  Jan 20, 2004
    ...control expenses and increase market share; hostilities increase in the Middle East or elsewhere; adverse developments with respect to the credit card industry ... (PRNewswire (press release))

    STREET WISE: Students to sell goats' milk  Jan 14, 2004
    ...are delighted to have Patrin join MasterCard, as she brings with her not only a wealth of talent, but also experience of 20 years in the credit card industry ... (The Nation, Thailand, Thailand)

    Top economic official optimistic over LG Card's bailout  Jan 5, 2004
    ...net worth of 3.24 trillion won. LG Card's crisis has highlighted South Korea's shaky credit card industry. At the end of November ... (Channel News Asia, Singapore)

    Creditors reach deal but final obstacle holds up LG Card rescue  Jan 9, 2004
    ...turn it into a subsidiary. LG Card's crisis highlights the problems of South Korea's shaky credit card industry. At the end of November ... (Channel News Asia, Singapore)

    Luminaries Join Special PELORUS Group Stored Value Forum  Jan 5, 2004
    ...challenged? -- What impact will stored value have on the overall credit card industry? How will banking institutions be effected? ... (Business Wire (press release))

    LG Card on verge of bankrupcy  Jan 8, 2004
    ...of liquidity to LG Card. LG Card's crisis highlights the problems of South Korea's shaky credit card industry. At the end of November ... (Business Day, South Africa, South Africa)

    Optimism over LG Card's bailout  Jan 4, 2004
    ...for South Korea's financial sector. LG Card's crisis has highlighted South Korea's shaky credit card industry. At the end of November ... (Business Day, South Africa, South Africa)

    Creditors, LG Group agree on bailout  Jan 9, 2004
    Although it rejected the demand on Thursday, it backed down amid warnings of a possible domino-like collapse in the credit-card industry, hurt by soaring ... (Korea Herald, South Korea)

    Roller-coaster ride in Korea  Jan 12, 2004
    A KEY problem troubling South Korea's teetering credit-card industry - the fate of LG Card - has been resolved with a costly bailout. ... (This is London, UK)

    Audio Books | Experts cull the best in reading, so all you have ...   Jan 18, 2004
    ...the Arctic and, oddly enough, Wilmington, Del. (for a look at the credit-card industry). Walter Mosley made the selections for short ... (Philadelphia Inquirer, PA)

    JP Morgan to acquire Bank One  Jan 14, 2004
    ...on Wednesday announced plans to merge into the nation's second-largest US banking company, a deal that could reshape Delaware's credit-card industry. ... (The News Journal, DE)

    LG Card Likely to be Crippled for Another Year  Jan 13, 2004
    The state-run Korea Development Bank (KDB) said that outlook was due to the uncertain business environment for the domestic credit card industry. ... (Chosun Ilbo, South Korea)

    Sales fell for 10th straight month  Jan 7, 2004
    ...nation's largest card issuer. "The current chaos unfolding in the credit card industry centering on LG Card Co. should lead local ... (Korea Herald, South Korea)

    Bankruptcy filings up nationally, in QC region  Jan 3, 2004
    It makes some sense because statistics prove that you are usually a better credit customer after bankruptcy, but I also think the credit card industry is ... (Quad City Times, IA)

    In the new year, get a financial checkup  Jan 6, 2004
    ...card debt of $9,000 and a savings rate of just 2% of after-tax income, according to CardWeb.com, which publishes information about the credit card industry. ... (Milwaukee Journal Sentinel, WI)

    Charting a course for high schoolers  Jan 9, 2004
    Siebert was superintendent of banking for New York state from 1977-82, a role in which she oversaw the credit card industry as well as check cashing businesses ... (Cleveland Plain Dealer, OH)

    KEB Credit workers plan walkout  Jan 12, 2004
    Workers in the nation's credit card industry are bracing for possible mass dismissals amid worsening liquidity problems at their companies, industry sources ... (Korea Herald, South Korea)

    KEBCredit workers plan walkout  Jan 12, 2004
    The KEB Credit union will not be alone in its struggle as workers in the nation's credit card industry are bracing themselves for expected mass dismissals amid ... (Korea Herald, South Korea)

    US blue chips off, techs up  Jan 3, 2004
    Citigroup Inc rose on news that its Citibank unit would be among the first foreign lenders to gain entry in China’s consumer credit card industry. ... (The Star, Malaysia)

    Stocks mixed as profit-taking overcomes blue-chip surge  Jan 3, 2004
    Citigroup rose on news that its Citibank unit would be among the first foreign lenders to gain entry to China's consumer credit card industry. ... (Chicago Tribune (subscription), IL)

    Wall St: Blue Chips Off, Techs Up  Jan 2, 2004
    Citigroup Inc. rose on news that its Citibank unit would be among the first foreign lenders to gain entry in China's consumer credit card industry. ... (Walletwatch, India)

    LG Card rescue package on hold  Jan 6, 2004
    ...health remains adequate, it said. LG Card's crisis has highlighted South Korea's shaky credit card industry. At the end of November ... (Business Day, South Africa, South Africa)

    Middletown hopes to land college  Jan 6, 2004
    The college has a 94 percent job placement rate for students, which Wirt attributed to Wilmington's banking and credit card industry. ... (The News Journal, DE)

    US consumer debt growth 'alarming'  Jan 12, 2004
    Robert Manning, a leading expert on the credit card industry, says families are likely to experience even greater stress as interest rates -- currently near ... (MENAFN, Middle East)

    Card firm losses swell to W4.1 trillion  02 Dec 2003
    Deepening the gloom surrounding the local credit-card industry, Korea's eight major card issuers yesterday reported a staggering 487-percent fall in their ... (Korea Herald, South Korea)

    JP Williams, who developed first bank credit card, dies at 88  Nov 30, 2003
    And Mr. Williams continued to develop the credit-card industry by starting Uni-Serve in 1962 to buy Chase Manhattan Bank's struggling credit-card operation. ... (Seattle Times, WA)

    MBNA founder and CEO set to retire  Nov 28, 2003
    Development Act. That law removed Delaware's limits on interest rates and fees in a bid to attract the credit card industry. At ... (The News Journal, DE)

    Loans Keep Korean Credit Card Issuer Afloat  Nov 24, 2003
    The cash problems for the credit card industry are adding a fresh burden to an economy that only recently began showing signs of a recovery. ... (New York Times)

    Play your cards safe  Nov 30, 2003
    ...not have a credit limit. The credit card industry is fighting these frauds with innovations in technology. By 2006, all credit cards ... (Calcutta Telegraph, India)

    American Express, Fleet, Discover Card Top Vividence Customer ...   Nov 19, 2003
    ...in customer experience market research, today announced the results of the Vividence(R) Customer Experience (CE) Rankings(TM) for the Credit Card industry, an ... (Business Wire (press release))

    Card kiters face tough times  Nov 30, 2003
    Credit card industry sources said between 1 million and 1.5 million cardholders are believed to routinely kite their payments by withdrawing cash from one card ... (Joongang Ilbo, South Korea)

    Fitch Ratings issues warning on South Korean credit card firms  Nov 20, 2003
    The company posted a loss of 1.01 trillion won for the first nine months of this year. "The business model of the credit card industry is unsound, the products ... (Channel News Asia, Singapore)

    Barclays forced into climbdown over misleading 0% credit card ...   Nov 18, 2003
    Hearings by the Treasury Select Committee earlier this year extracted the promise from the credit card industry that it will introduce "honesty" boxes on to ... (The Scotsman, UK)

    Credit Defaulters Reach Record High of 3.6 Mil.  Nov 25, 2003
    The credit card industry estimated that of the 9.9 million multiple debtors, around 1 million individuals have relied on the practice of borrowing money to pay ... (Korea Times, South Korea)

    Old-fashioned Financial Policy  Nov 25, 2003
    ...solve it. On April 3, the government forced financial institutions to rectify the liquidity problems in the credit card industry. Yet ... (Korea Times, South Korea)

    Hana, LG Card deny sale deal  Nov 26, 2003
    Markets. "Hana can help LG Card considerably lower its funding costs and become a major player in the credit card industry right away.". ... (CNN International)

    LG Card: oops, forgot the credit scoring  Nov 26, 2003
    Until a muscular agency operates, the UK and US competitive structure cannot be used as a model for the country's credit card industry. ... (UK Comment Wire, UK)

    Creditors to Bail Out LG Card  Nov 19, 2003
    Market experts stressed that it is time to fundamentally restructure the credit card industry, warning of the possible outbreak of financial turmoil that could ... (Korea Times, South Korea)

    Package Unlikely to Normalize LG Card  Nov 24, 2003
    Sejong Securities also said that the problem in the credit card industry is not the temporary liquidity problem, but an economic structural one, noting that ... (Korea Times, South Korea)

    Plea for curbs on credit card charges card  Nov 4, 2003
    MPs are angry that no agreement has been reached with the credit card industry on a method for calculating APRs even though both the DTI and OFT were aware of ... (Guardian, UK)

    [EDITORIAL]Card issuers in trouble  Nov 21, 2003
    A liquidity crunch has resurfaced at the credit card industry within eight months, despite more than 4 trillion won being injected this year. ... (Korea Herald, South Korea)

    Asian markets follow Wall Street higher  Nov 25, 2003
    Seoul rallied after hitting a one-month low on Monday as banks advanced despite continuing concerns about the health of the credit card industry. ... (Financial Times (subscription), UK)

    Foreigners Skeptical Over LG Card’s Future  Nov 24, 2003
    ...self-rescue plan, unveiled on Tuesday, failed to bring optimism about the future of the waning company which once reined in the domestic credit card industry. ... (Korea Times, South Korea)

    What's in Your Wallet?  Nov 18, 2003
    ...take years to eliminate. Still, far be it for the credit card industry to poo-poo your request for a line of credit. Even if your ... (Motley Fool (subscription))

    Virgin lobbies for credit card 'honesty'  Nov 6, 2003
    As a newcomer to the Australian credit card industry, we are shocked at the lack of transparency in credit card marketing," Virgin Money managing director ... (Sydney Morning Herald, Australia)

    Kathy Kristof | Credit-card rewards work for smart users  Nov 4, 2003
    Marketing specialists in the credit-card industry say they have studied consumer preferences and found that the old-style rewards cards - the ones with annual ... (Philadelphia Inquirer, PA)

    `Two-Income Trap' has financial advice for a struggling middle ...   Nov 19, 2003
    ...offenders: (1) crumbling school systems, which caused (2) out-of-control real estate prices in strong school districts; (3) a credit card industry allowed to ... (Boston Globe, MA)

    Triple Dip Haunts Korean Economy  Nov 20, 2003
    ...`It is true that stopgap measures and recent recovery signs have belied underlying weakness in the economy, as shown in the case of the credit card industry ... (Korea Times, South Korea)

    LG Card Experience Turbulence  Nov 23, 2003
    ...on capital. The possibility of a total crisis in the credit card industry cannot be ruled out in the financial market. Since LG ... (Donga, South Korea)

    Creditors Demand LG Owner's Security for Rescue Fund  Nov 19, 2003
    In yet another sign of the mounting liquidity crisis at the nation's credit card industry, KEB Credit Service, the credit card unit of Korea Exchange Bank (KEB ... (Chosun Ilbo, South Korea)

    Global Investors Lose Appetite for Korean Assets  Nov 24, 2003
    The latest crisis at the credit card industry, emanating from the country's leading plastic issuer LG Card, reminded global investors of the financial ... (Korea Times, South Korea)

    Fitch to Keep Rating on Korea  Nov 25, 2003
    ...agency would not change its current A rating and "stable" outlook for Korea, despite that the Korean economy is facing a crisis in its credit-card industry and ... (Chosun Ilbo, South Korea)

    Personal bankruptcies on the rise  Nov 21, 2003
    More lenders, and the credit card industry in par- ticular, are targeting higher-risk ers because they can charge higher interest rates. ... (Charleston Post Courier (subscription), SC)

    Eastern Michigan bankrupt filings rise 21%  Nov 27, 2003
    Opponents blame the credit card industry for much of the rise in personal bankruptcies, saying the issuers make credit too easily available and flood consumers ... (Detroit News, MI)

    LG, creditors in tug of war over bailout  Nov 23, 2003
    The halt to LG Card's cash-advance services set off alarms in Korea's credit-card industry, which has already been faltering on a heap of overdue bills. ... (Korea Herald, South Korea)

    LG, creditors reach accord on bailout  Nov 23, 2003
    The halt to LG Card's cash-advance services set off alarms in Korea's credit-card industry, already faltering on a heap of overdue bills. ... (Korea Herald, South Korea)

    Barclays paying price for spurious '0% forever card'  Nov 21, 2003
    Hearings by the Treasury Select Committee earlier this year extracted the promise from the credit card industry that it will introduce honesty boxes on to all ... (The Scotsman, UK)

    Feds sue, say debt counselor duped debtors  Nov 20, 2003
    For most of its history, credit counseling was funded relatively generously by the credit card industry, which returned to the counseling agencies 15% of the ... (MSN Money)

    Reward points often unrewarding  Nov 9, 2003
    With the Reserve Bank's new credit card industry reforms now in place, the major banks have seen their interchange fees cut in half and have already moved to ... (NEWS.com.au, Australia)

    Card Crisis Jolts Financial Markets  Nov 23, 2003
    A number of economists and experts said that without fundamental restructuring in the credit card industry, creditors’ bailout scheme for LG Card, forced by ... (Korea Times, South Korea)

    The watchdogs who need some new teeth  Nov 7, 2003
    OFT representatives were accused of "complacency," "sounding like apologists" for the credit card industry, allowing consumers to be "duped" by misleading ... (Guardian, UK)

    Asian stocks slide on Istanbul bombings  Nov 20, 2003
    South Korean shares, however, bucked the trend to trade higher early Friday on a technical rebound and easing concerns over the credit card industry's problems ... (Channel News Asia, Singapore)

    Computers/Electronics News  Nov 24, 2003
    IVR has been used for years by many industries, including the credit card industry, where it enables card-holders to get automated account information 24 hours ... (PRNewswire (press release))

    For careful shoppers, rewards are in the credit cards  Nov 4, 2003
    Marketing specialists in the credit card industry say they have studied consumer preferences and found that the old-style rewards cards -- the ones with annual ... (Fort Lauderdale Sun Sentinel, FL)

    Like Falling Down a Stairwell: Market Drops Again  Nov 20, 2003
    ...on Thursday, a casualty of the on-going investigation into the alleged kickbacks paid by business groups and of the liquidity crisis at the credit-card industry ... (Chosun Ilbo, South Korea)

    Continued increase in filings for bankruptcy  Nov 15, 2003
    Opponents blame the credit card industry for much of the rise in personal bankruptcies, saying issuers make credit too easily available and flood consumers ... (Chicago Tribune, IL)

    Bankruptcies are mounting  Nov 15, 2003
    Opponents blame the credit-card industry for much of the rise in personal bankruptcies, saying the issuers make credit too easily available and flood consumers ... (Indianapolis Star, IN)

    Visa Wants to Block Banks From Moving to MasterCard  Nov 13, 2003
    NEW YORK - The credit-card industry's heavyweight fight, Visa vs. MasterCard, is getting even more bitter, Thursday's Wall Street Journal reported. ... (CNN/Money)

    Visa Wants to Block Banks From Moving to MasterCard  Nov 12, 2003
    NEW YORK -- The credit-card industry's heavyweight fight, Visa vs. MasterCard, is getting even more bitter, Thursday's Wall Street Journal reported. ... (Quicken)

    Don't try to take him to a disco  Nov 11, 2003
    He wants to live like a sailor at sea." Then he delivers a message that would devastate the credit-card industry and modern politics if it caught on: "Where ... (Salon (subscription))

    Bankruptcies trend upward, but rate slows  Nov 14, 2003
    Opponents blame the credit card industry for much of the rise in personal bankruptcies, saying the issuers make credit too easily available. (Washington Times, DC)

    American Express, Fleet, Discover Card Top Vividence Customer ...   19 Nov 2003
    ...in customer experience market research, today announced the results of the Vividence(R) Customer Experience (CE) Rankings(TM) for the Credit Card industry, an ... (Business Wire (press release))

    Creditors to Bail Out LG Card  19 Nov 2003
    Market experts stressed that it is time to fundamentally restructure the credit card industry, warning of the possible outbreak of financial turmoil that could ... (Korea Times, South Korea)

    `Two-Income Trap' has financial advice for a struggling middle ...   19 Nov 2003
    ...offenders: (1) crumbling school systems, which caused (2) out-of-control real estate prices in strong school districts; (3) a credit card industry allowed to ... (Boston Globe, MA)

    What's in Your Wallet?  Nov 18, 2003
    ...take years to eliminate. Still, far be it for the credit card industry to poo-poo your request for a line of credit. Even if your ... (Motley Fool (subscription))

    Plea for curbs on credit card charges card  Nov 4, 2003
    MPs are angry that no agreement has been reached with the credit card industry on a method for calculating APRs even though both the DTI and OFT were aware of ... (Guardian, UK)

    Virgin lobbies for credit card 'honesty'  Nov 6, 2003
    As a newcomer to the Australian credit card industry, we are shocked at the lack of transparency in credit card marketing," Virgin Money managing director ... (Sydney Morning Herald, Australia)

    Kathy Kristof | Credit-card rewards work for smart users  Nov 4, 2003
    Marketing specialists in the credit-card industry say they have studied consumer preferences and found that the old-style rewards cards - the ones with annual ... (Philadelphia Inquirer, PA)

    Personal Bankruptcies Jump 7.8 Percent  Nov 14, 2003
    Opponents blame the credit card industry for much of the rise in personal bankruptcies, saying the issuers make credit too easily available and flood consumers ... (ABC News)

    Continued increase in filings for bankruptcy  Nov 15, 2003
    Opponents blame the credit card industry for much of the rise in personal bankruptcies, saying issuers make credit too easily available and flood consumers ... (Chicago Tribune, IL)

    Bankruptcies are mounting  Nov 15, 2003
    Opponents blame the credit-card industry for much of the rise in personal bankruptcies, saying the issuers make credit too easily available and flood consumers ... (Indianapolis Star, IN)

    AAA , Visa Celebrate Oldest Affinity Credit Card Program  Oct 28, 2003
    ...issued credit card to AAA members. At the time, the credit card industry itself was in its infancy. The AAA/Visa program introduced ... (AutoFan, FL)

    New front on credit card row  Nov 2, 2003
    THE Treasury Select Committee investigating the credit card industry is expected to launch a fresh attack on the Government and the Office of Fair Trading in ... (This is London, UK)

    Reward points often unrewarding  Nov 9, 2003
    With the Reserve Bank's new credit card industry reforms now in place, the major banks have seen their interchange fees cut in half and have already moved to ... (NEWS.com.au, Australia)

    The watchdogs who need some new teeth  Nov 7, 2003
    OFT representatives were accused of "complacency," "sounding like apologists" for the credit card industry, allowing consumers to be "duped" by misleading ... (Guardian, UK)

    Visa Wants to Block Banks From Moving to MasterCard  Nov 12, 2003
    NEW YORK -- The credit-card industry's heavyweight fight, Visa vs. MasterCard, is getting even more bitter, Thursday's Wall Street Journal reported. ... (Quicken)

    Visa Wants to Block Banks From Moving to MasterCard  Nov 13, 2003
    NEW YORK - The credit-card industry's heavyweight fight, Visa vs. MasterCard, is getting even more bitter, Thursday's Wall Street Journal reported. ... (CNN/Money)

    For careful shoppers, rewards are in the credit cards  Nov 4, 2003
    Marketing specialists in the credit card industry say they have studied consumer preferences and found that the old-style rewards cards -- the ones with annual ... (Fort Lauderdale Sun Sentinel, FL)

    21st Century Technologies' Board of Directors Approves ...   Oct 28, 2003
    As a wholly owned subsidiary, Credit Card Financial will be headed by Max Lucas, who has over 18 years of management experience in the credit card industry ... (Business Wire (press release))

    Credit cards offer risks and rewards  Nov 1, 2003
    Specialists in the credit card industry found that the old-style rewards cards - the ones with annual fees and big-ticket rewards - didn't appeal to most ... (The News Journal, DE)

    Kookmin Bank Mired in Uncharted Waters  Oct 27, 2003
    ...`With the bank’s conservative provisioning measures and as the credit card industry returns to normal next year, Kookmin is likely to benefit the most and ... (Korea Times, South Korea)

    Bank takes charge of ' Get Smart About Credit Day '  Oct 30, 2003
    The credit card industry is very competitive so interest rates, credit limits, grace periods, annual fees, terms and conditions vary. ... (Manning Times, SC)

    Rewards are in the cards, but so are risks  Oct 28, 2003
    Marketing specialists in the credit-card industry say they have studied consumer preferences and found that the old-style rewards cards — the ones with ... (Baltimore Sun, MD)

    Bankruptcies trend upward, but rate slows  Nov 14, 2003
    Opponents blame the credit card industry for much of the rise in personal bankruptcies, saying the issuers make credit too easily available. (Washington Times, DC)

    Non-Bank Financial Firms Face Shakeup  Oct 27, 2003
    Market watchers say that redrawing the map of the credit card industry seems unavoidable as mounting bad loans continue to worsen their balance sheets. ... (Korea Times, South Korea)

    Visa drops appeal against RBA  Oct 29, 2003
    In the interests of a level playing field across the Australian credit card industry, we call on the Reserve Bank and the Federal Government to impose these ... (Sydney Morning Herald, Australia)

    IsraCard Invests $2.5 Million in StoreNext Israel - - Retalix's ...   Oct 28, 2003
    Our investment in the company enables us to take part in this field and to lead the Israeli credit card industry into the B2B era," said Krupsky. ... (Business Wire (press release))

    Don't try to take him to a disco  Nov 11, 2003
    He wants to live like a sailor at sea." Then he delivers a message that would devastate the credit-card industry and modern politics if it caught on: "Where ... (Salon (subscription))

    Credit binge as home loans surge to £ 24bn in a month  Oct 29, 2003
    The complexity of the credit card industry, said Lawrence Baxter, of the Consumers Association, makes it difficult for many people to effectively control their ... (The Herald, UK)

    Credit Delinquents in Three out of 10 Households  Oct 29, 2003
    However, the credit card industry predicted the number of credit delinquents that would exceed 4 million if the current growth is not slowed. ... (Donga, South Korea)

    Processing of card transactions to become even easier  Oct 31, 2003
    This new agreement is surely bound to enhance our product offer as well as bring in more expertise from such a major player in the credit card industry that ... (Malta Independent, Malta)

    US Signs on with Smart Cards  Oct 28, 2003
    Owen cited statistics showing that US credit card industry charge volume growth rates slowed to 11.6% during 1996 to 2001, down from 15.9% in the prior five ... (Yahoo News (press release))

    TrustWave's TrustKeeper(R) Solution Has Successfully Completed ...   Oct 28, 2003
    TrustWave is very pleased to be working with the two leaders in the credit card industry who have taken such an important leadership role in helping to ... (Market Wire (press release))

    AAA , Visa Celebrate Oldest Affinity Credit Card Program  28 Oct 2003
    ...issued credit card to AAA members. At the time, the credit card industry itself was in its infancy. The AAA/Visa program introduced ... (AutoFan, FL)

    21st Century Technologies' Board of Directors Approves ...   28 Oct 2003
    As a wholly owned subsidiary, Credit Card Financial will be headed by Max Lucas, who has over 18 years of management experience in the credit card industry ... (Business Wire (press release))

    Rewards are in the cards, but so are risks  28 Oct 2003
    Marketing specialists in the credit-card industry say they have studied consumer preferences and found that the old-style rewards cards — the ones with ... (Baltimore Sun, MD)

    US Signs on with Smart Cards  28 Oct 2003
    Owen cited statistics showing that US credit card industry charge volume growth rates slowed to 11.6% during 1996 to 2001, down from 15.9% in the prior five ... (Yahoo News (press release))

    IsraCard Invests $2.5 Million in StoreNext Israel - - Retalix's ...   28 Oct 2003
    Our investment in the company enables us to take part in this field and to lead the Israeli credit card industry into the B2B era," said Krupsky. ... (Business Wire (press release))

    TrustWave's TrustKeeper(R) Solution Has Successfully Completed ...   28 Oct 2003
    TrustWave is very pleased to be working with the two leaders in the credit card industry who have taken such an important leadership role in helping to ... (Market Wire (press release))

    Credit card industry tries to head off critics  Oct 15, 2003
    LONDON (Reuters) - Credit card firms have sought to head off criticism of their lending practices, just a day before bank bosses face a grilling in Parliament ... (Reuters, UK)

    Credit card industry promises clearer charges  Oct 8, 2003
    LONDON (Reuters) - The credit card industry has promised to give customers clearer information on charges, prior to a grilling of bank bosses by Parliament ... (Reuters, UK)

    UK credit card industry promises clearer charges  Oct 8, 2003
    LONDON, Oct 8 (Reuters) - Britain's credit card industry promised to give customers clearer information on charges on Wednesday, prior to a grilling of bank ... (Forbes)

    Kookmin Bank Mired in Uncharted Waters  Oct 27, 2003
    ...`With the bank’s conservative provisioning measures and as the credit card industry returns to normal next year, Kookmin is likely to benefit the most and ... (Korea Times, South Korea)

    Banks gamble on credit card members  Oct 17, 2003
    Still, the double-digit interest rate is expected to remain for a long time, even with an 8 per cent charge-off (or bad debt) rate for the credit card industry ... (Business Times, Singapore)

    MPs savage bankers over credit card charges  Oct 16, 2003
    ...businesses. One way in which the credit card industry is expected to become more transparent is over annual percentage rates (APRs). ... (Independent, UK)

    Credit card bosses attacked  Oct 16, 2003
    The heavyweight line-up of the high command of Britain's booming credit card industry was completed by General Charles Krulak, chief executive of the US credit ... (This is London, UK)

    Stanchart offers card with 10% interest rate  Oct 21, 2003
    STANDARD Chartered Bank (Stanchart) has slaughtered a sacred cow in the local credit card industry by unveiling a new card charging as little as 10 per cent in ... (Straits Times, Singapore)

    House of cards comes tumbling down  Oct 20, 2003
    Defenders of Britain's credit card industry stress that more than half of credit card holders pay off their balance at the end of each month. ... (Telegraph.co.uk, UK)

    4 scary ways creditors gouge you  Oct 16, 2003
    For a few years in the mid- to late-1990s, people with credit troubles found themselves among the most sought-after customers in the credit-card industry. ... (MSN Money)

    Barclays: expensive comments  Oct 21, 2003
    The committee has already made good progress on improving credit card pricing transparency, with the credit card industry agreeing to introduce honesty boxes ... (UK Comment Wire, UK)

    What made me do a Ratner?  Oct 18, 2003
    The entire credit-card industry, along with the Office of Fair Trading, has been made to look foolish and deceitful, writes Paul Durman. ... (The Times (subscription), UK)

    Q&A: Big banks and credit cards  Oct 16, 2003
    In August Apacs, a credit card industry body, told BBC News Online that it planed to introduce the tables, also known as Schumer boxes, in early 2004 - two ... (BBC News, UK)

    UAE credit card business heading for no-fee regime  Oct 9, 2003
    According to experts, the credit card industry here is fast maturing, hence the annual fees will gradually be phased out as in many of the Western markets. ... (Gulf News, United Arab Emirates)

    Barclays' chief says credit cards too expensive  Oct 16, 2003
    The credit card industry has been on the defensive as the committee has demanded that companies give customers more information and lend responsibly. ... (Reuters, UK)

    Bank chiefs face grilling over credit cards  Oct 13, 2003
    McFall’s committee has previously accused the credit card industry of "remarkable complacency" and suggested the managements "needed their hands banging ... (The Scotsman, UK)

    American Express joins the credit card fight with the banks  Oct 1, 2003
    ...programs. "It's time to turn the tables for them," she said. Many other changes are afoot in the credit card industry. Virgin and ... (Sydney Morning Herald, Australia)

    A little fatherly advice from the head of Barclays: don't use ...   Oct 16, 2003
    ...of interest. Britain's booming credit card industry has been cited as one of the main drivers of the consumer debt frenzy. Mr Barrett ... (Guardian, UK)

    Credit cards? I warn my children off them, says head of Barclays  Oct 16, 2003
    2.7m last year, made the unexpected comment to MPs on the Treasury Select Committee, which is examining the consumer effects of the credit card industry. ... (Independent, UK)

    Visa must close net on these vile sites  Oct 17, 2003
    A reader's complaint in Jobs & Money's Capital Letters last month illustrated how the credit card industry enables many criminal or at least seriously dubious ... (Guardian, UK)

    Our own ignorance is costing us billions  Oct 17, 2003
    Sandra Quinn, a director at APACS, said: "It is all too easy to point the finger of blame at the credit card industry - but this is a sensationalist approach ... (The Scotsman, UK)

    Barclays boss's bite is worse than his bark  Oct 17, 2003
    ...excessive interest rates. Britain's booming credit card industry has been cited as a main driver of the consumer debt frenzy. Mr Barrett ... (Sydney Morning Herald, Australia)

    Incurrent Solutions Ranked 38th Fastest Growing Technology ...   Oct 15, 2003
    Incurrent, the leading provider of Cardmember eCare solutions for the credit card industry, today announced that it ranked number 38 on the 2003 Deloitte ... (Business Wire (press release))

    Capital One Reports Third Quarter 2003 Earnings pe . . .  Oct 22, 2003
    ...statements and actual results could differ materially from current expectations due to a number of factors, including: competition in the credit card industry ... (FinanzNachrichten.de, Germany)

    Hawkish King fears high debt could tip UK into crash  Oct 14, 2003
    ...came as the chief executives of Britain's biggest banks prepared to give evidence tomorrow to the Treasury select committee of MPs into the credit card industry ... (Guardian, UK)

    Lobbyists battle over bankruptcy bill  Oct 20, 2003
    The credit card industry funneled $45 million into the lobbying effort [of the bankruptcy reform bill],” David Goch, of the Commercial Law League, told ... (MSNBC)

    Asia Times -  Oct 10, 2003
    According to the sources, South Korea's domestic credit card industry hired 20,220 salespeople as of the end of September, down sharply from the 87,733 hired ... (Asia Times Online, Hong Kong)

    M&S card is breach of credit law, says OFT  Oct 8, 2003
    As M&S was responding to the OFT's comments, the credit card industry yesterday promised customers clearer information about charges and terms ahead of a ... (Guardian, UK)

    UK bailiffs chase record debts  Oct 14, 2003
    On Thursday key figures in the UK credit card industry are due to appear in front of the influential Treasury Select Committee to defend their industry from ... (BBC News, UK)

    Do two incomes mean deeper debt?  Oct 6, 2003
    For very low-income families, the figure shot up to 184%. "Deregulation of the credit-card industry has allowed companies to take advantage of tough economic ... (MSN Money)

    Computers/Electronics News  Oct 14, 2003
    ...control expenses and increase market share; hostilities increase in the Middle East or elsewhere; adverse developments with respect to the credit card industry ... (PRNewswire (press release))

    Learning how to avoid the credit trap  Oct 8, 2003
    Or outdo the Joneses. The other, Roy said, is, “The irresponsible lending practices of the credit card industry have created a $7 billion consumer debt.”. ... (Jacksonville Daily Record, FL)

    Business in Asia Today - - Oct . 9 , 2003  Oct 9, 2003
    The credit card industry in the Philippines remained relatively underdeveloped, ANZ managing director consumer finance Brian Hartzer said. ... (Yahoo News (press release))

    China firms eye top foreign hires  Oct 19, 2003
    For example, the credit card industry is expected to open up next year to foreign firms, and it's a completely new area for China. ... (Financeasia.com, Hong Kong)

    Forty years of innovation  Oct 2, 2003
    ...began working on putting several pieces of equipment together to create a complete manufacturing system that is used primarily by the credit card industry. ... (Pioneer Press Online, IL)

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