More Retailers Welcome Antitrust Legislation on Interchange Fees

Many people find themselves in a negative situation where they have incurred a poor credit history and wonder how they can remedy the situation to make it possible to secure a credit card in the future... more

Many credit card companies offer travel credit cards for business travelers or retired citizens. Before applying for such types of credit cards, you need to look for certain features to make the most of your card. Frequent travelers may gain more from such credit cards. The first thing to look is their limitations. Few credit cards companies have certain limitations such as offers available only with a particular airline company. In addition, certain credit cards companies provide free airlin... more

by Nick Makaryk It is a well known fact that there are many different credit cards available today. In order to pick a credit card that will work for you, pick one that reflects your lifestyle as well as your ideal spending limit. In order to find the best credit card company and the best possible deal, you will need to do your research to find the perfect card for you. When picking a credit card, you will first need to decide what you need the credit card for. Some people want a credit ca... more

Chase Card Services has announced that it has completed the acquisition of Unicorn Financial Services and is launching an expanded set of patient financing products as ChaseHealthAdvance financing options . ... more

Jessica Twentyman writes for the UK edition of the Financial Times about the growth in NFC-based payments , writing that "the technology that will enable such transactions has fast been gaining ground, albeit in smartcards rather than phones." ... more

Donald L. Kohn, Vice Chairman of the Federal Reserve, testified at a hearing of the Senate Banking Committee today about the condition of the US banking system . With respect to credit cards, Kohn commented: "the bankruptcy rate rose modestly over the first nine months of 2007 and could be a harbinger of increasing delinquency rates on other consumer loans. In view of this risk, Federal Reserve supervisors are monitoring these consumer loan segments for signs of spillover from residential ... more

Heartland Payment Systems has announced it has acquired a majority interest in Collective Point of Sale Solutions Ltd, a growing Canadian provider of payment processing services and secure point-of-sale solutions. Under the agreement, Heartland will maintain the CollectivePOS brand in Canada. Financial terms of the transaction were not disclosed. ... more