ONE-YEAR AGO:
SD-based sub-prime credit card specialist First Premier Bank agrees to settle with the New York State AG over its
. . . .
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FIVE YEARS AGO:
American Express signs Starwood Hotels, Avis, and Budget as travel suppliers for its new
. . . .
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TEN YEARS AGO:
AT&T and Student Advantage roll-out a new product that integrates the benefits and value of the
. . . .
(click here to read more)
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Credit card solicitations fell nearly 8% from the first quarter to the second quarter of this year. The mail volume for the second quarter is about 17% off the third quarter of 2007 high of more than two billion pieces.
Clinton Knowles is Interim Chief Financial Officer of VeriFone. Mr. Knowles has served as chief financial officer, controller and treasurer for a variety of companies....
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Network
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Issuer:
Equifax
Credit union credit card assets grew 14% over the past year to $30.1
billion, more than twice the growth rate of total credit
union assets. Also, the percentage of portfolios that grew more than
the rate of inflation during the previous 12 months increased from 71%
in June 2007 to 76% in June ...
Smart payment card specialist Gemalto reports that revenue grew 10% for
the first half of this year, at constant exchange rates, with all major
segments posting double digit growth. The Secure Transactions unit
returned to operating profit, posting a positive operating margin of
8.5% for the ...
Credit card debt continued its rebound in June, hitting a record A$44.7 billion, after stagnating for most of this year. Credit card volume remained steady in June hitting A$18.2 billion. Year-on-year credit card debt has increased 10%, compared to June 2007, while card volume is up 10% year-on-year.
