Business Credit Cards News

Feb

Credit Card Disclosures: Effective or Not? - ABC News (blog)

2012-02-22

Credit Card Disclosures: Effective or Not?
ABC News (blog)
Do credit card disclosures influence consumers' financial behavior? And if so, do they influence it for the better or the worse? Today the Consumer Financial Protection Bureau meets to discuss the credit card marketplace, a year after the effective ...
Credit Card Debt is Up, Consumer Wages Are Not: If You Are Taking On Debt ...Seattle Post Intelligencer
Americans Owe Less on Their Credit CardsBradenton Herald
Charlotte consumers' credit-card debt down 8 percent in 2011Charlotte Business Journal
Debtmerica Relief (blog)
all 54 news articles »

Feb

American Express Moves Ahead of MasterCard; U.S. Credit Card Purchase Volume ... - MarketWatch (press release)

2012-02-22

American Express Moves Ahead of MasterCard; U.S. Credit Card Purchase Volume ...
MarketWatch (press release)
CARPENTERIA, Calif., Feb 22, 2012 (BUSINESS WIRE) -- There were several important developments in the fortunes of US credit card companies in 2011, according to the annual special report on General Purpose Credit Cards, published in the most recent ...

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Feb

Pace of new credit card accounts picks up in 2011 - San Jose Mercury News

2012-02-21

Plain Dealer

Pace of new credit card accounts picks up in 2011
San Jose Mercury News
By EILEEN AJ CONNELLY AP Business Writer NEW YORK—More people opened new credit card accounts last year, as the banking industry began to loosen standards it tightened during the recession. The number of new cards issued to consumers rose 14 percent ...
Credit card delinquencies dropCentral Valley Business Times

all 112 news articles »

Feb

Krungsri seeks card growth on HSBC buy - Bangkok Post

2012-02-22

Krungsri seeks card growth on HSBC buy
Bangkok Post
Krungsri Consumer, a business unit of Bank of Ayudhya, is seeking more growth opportunities following the acquisition of HSBC's credit card business. The Bank of Ayudhaya recently purchased HSBC's retail operations in Thailand.
Initial HSBC transfer to BAY unitThe Nation

all 2 news articles »

Feb

IRS Decision Good News for Small Businesses - PortageLife

2012-02-22

IRS Decision Good News for Small Businesses
PortageLife
They've stopped plans that would have been a nightmare for small business recordkeeping. The Phoenix Business Journal reports: The Internal Revenue Service has dropped plans to require businesses to reconcile their receipts from credit card ...

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Feb

Rise in identity fraud tied to smartphone use - Chicago Tribune

2012-02-22

KGMI

Rise in identity fraud tied to smartphone use
Chicago Tribune
With the rise in credit card monitoring and more sophisticated policing by credit card companies, identity thieves are increasingly targeting users of smartphones and social media, where consumers have a tendency to be less cautious, experts say.
More Smartphones, More Smart ThievesMobiledia
Survey: ID theft on the rise again, card victims jump by 2 million annuallymsnbc.com (blog) (subscription)
Identity Fraud Rose 13 Percent in 2011 According to New Javelin Strategy ...Business Wire (press release)

all 73 news articles »

Feb

Credit card rates: The price for bad credit is rising - Fox Business

2012-02-21

Credit card rates: The price for bad credit is rising
Fox Business
In contrast, credit card rates were not at all stable in the first half of February, with significant increases in both consumer categories, as well as in rates for business rewards credit cards. Credit card rates in those same three categories have ...

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Feb

Police & fire log - 2/23 - Lebanon Daily News

2012-02-22

Police & fire log - 2/23
Lebanon Daily News
A Lebanon woman was arrested Tuesday, accused of forging five checks from her employer's bank account and using business credit cards to buy bath salts and other items between September and November, police said. Jody Latta, 52, of 741 Mifflin St. was ...

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Feb

Google, Industry Ministry to Promote Small Business Web Use - HispanicBusiness.com

2012-02-22

Google, Industry Ministry to Promote Small Business Web Use
HispanicBusiness.com
Israel Postal Company Ltd., Apple Inc. representative iDigital Ltd., B2C Print Inc., Webydo Inc., and Israel Credit Cards-Cal Ltd. (ICC-Cal) (Visa) are also participating in the venture. Businesses interested in the program can contact its website ...

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Feb

Police use credit card and phone records in search for missing tourism executive - Greenville News

2012-02-21

Police use credit card and phone records in search for missing tourism executive
Greenville News
Columbia Police Department investigators were using credit card and cellphone records and reviewing video footage from downtown security cameras Monday in their search for the missing lobbyist for the state's hospitality industry.

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Feb

Americans Owe Less on Their Credit Cards

2012-02-21

ATLANTA, Feb. 21, 2012 /PRNewswire/ -- Equifax (NYSE: EFX - News) reported today that nearly 60 of the top 100 metropolitan statistical areas (MSAs) hardest hit by credit card debt realized double-digit declines ...

Feb

American Express Moves Ahead of MasterCard; U.S. Credit Card Purchase Volume Marks First Double-Digit Growth Since 2007

2012-02-22

There were several important developments in the fortunes of U.S. credit card companies in 2011, according to the annual special report on General Purpose Credit Cards, published i

Feb

Initial HSBC transfer to BAY unit

2012-02-22

Krungsri Consumer, a Bank of Ayudhya (BAY) unit operating credit cards as well as personal and auto loans, will transfer all 300 staff of HSBC (Thailand) and the local retail banking business of HSBC, excluding credit cards, to its portfolio next month.

Feb

DailyMarkets.com Announces Winners of Best Credit Cards 2012 Guide

2012-02-21

NEW YORK, Feb. 21, 2012 /PRNewswire/ -- DailyMarkets.com , a personal finance website based in New York that helps people save smarter and invest smarter has just announced its choice of the Best Credit Cards ...

Feb

Credit cards for the subprime

2012-02-22

Not-so-good credit? No problem, the banks said last year. Here's a credit card . All right, maybe it wasn't that easy, but more Americans with spotty credit got a credit card in 2011, according to a report released Wednesday by TransUnion.

Feb

Lebanon woman accused of stealing from employer to buy bath salts

2012-02-22

A Lebanon woman was arrested Tuesday after she allegedly forged five checks from her employer s bank account and used business credit cards to buy bath salts and other items between September and November, Cornwall police said.

Feb

Warner Robins yogurt café says some customers' credit cards compomised

2012-02-22

La’Berry Frozen Yogurt Café Co. issued a statement Wednesday that some customers using their credit cards in its Warner Robins store have had their credit cards compromised.

Feb

China Nod for Citibank Credit Cards May Show Market Opening

2012-02-10

China’s decision to allow Citigroup Inc. to issue credit cards may signal an opening of the banking market as the government relaxes restrictions that are the subject of a U.S. complaint at the World Trade Organization.

Feb

Business Briefs: New credit card accounts increase

2012-02-21

More people opened new credit card accounts last year, as the banking industry began to loosen standards it tightened during the recession. The number of new cards issued to consumers rose 14percent in 2011 to about 42.3million

Feb

Video: Are small business credit cards worth it?

2012-02-06

Small business credit cards generally have higher credit limits, richer rewards and better tracking systems, but they don't offer the same protections as consumer credit cards. Sumi Das from CBS Moneywatch.com has the details.

Feb