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10 Jan 12 - Financial Services Credit Cards News

Credit Card of the Week: Simmons First Visa Platinum
For those who confined their search to the major banks that profit from issuing credit cards, the answer is probably not. There's a reason American Express (AXP) has generated more than $14.5 billion from its card services segment over the past 12 ...

Halifax consumer debt rises, credit card debt drops
“If there is to be another financial crisis, we can expect losses from serious delinquencies and bankruptcies.” Lars Osberg, an economics professor at Dalhousie University in Halifax, said a reduction in credit card debt is a good sign but that the ...

Approved! Suze Orman offers prepaid card
By Alexandra Thomas The world of credit, debit and prepaid cards has not been a quiet one in recent months and the latest addition to the frenzy is certainly not going unnoticed.

Court rules for arbitration in credit card case
By James Vicini | WASHINGTON (Reuters) - The US Supreme Court ruled on Tuesday for Synovus Financial Corp and CompuCredit Holdings Corp and said credit card claims by consumers under a 1996 law must be handled in arbitration, not in court.

Credit card interest rate scam
CREDIT card interest rates on premium and gold cards are still at an average of 19 per cent despite the drop in official interest rates to 4.5 per cent, research company CANSTAR has found.

Metropolitan Furnishings Association Selects TD Retail Card Services' Renovate ...
Based in Mahwah, NJ, TD Retail Card Services ranks among North America's largest private label credit card companies.

Getting your American Express Credit Card
If you're trying to get a credit card, know what other services American Express is offering. This can include financial services, travel insurance, gift checks and other consolidation programs. - When submitting your application form online, ...

Keep Your Credit Profile in Tip Top Condition in 2012
Stay below your credit limit as maxing out your card can be taken as a sign of financial stress. Not skating too close to the edge also eliminates the chance of you being charged for exceeding your limit and losing any introductory offers you might be ...

Marketing Manager - Credit Cards
Financial services account management or retailer experience with a sound knowledge of marketing techniques would be highly beneficial.

10 Financial Innovations That Make Your Life Easier in 2012
The free service automatically collects and organizes bills, from credit cards to utility bills to student loans, for you to easily track your accounts in one place.

This Week In Credit Card News
As the nation's banks and financial firms try to move beyond the financial crisis, they are testing how best to lend to people with tarnished credit. Many lenders remain leery about subprime borrowers to loosen the lending spigot, especially on ...

Pageonce Picks Top Financial Services Trends for 2012
The Pageonce Money & Bills service offers clarity and control over all accounts in one single place, automatically organizing bank and credit card accounts, tracking transactions, paying bills, and sending real-time alerts. With more than 5.5 million ...

Websites offering loans flout EU credit rules
This should allow them to shop around before settling on a credit card, personal loan, or finance when buying a new car. "We know that the financial services market - including consumer credit - is underperforming for consumers," the EU report said.

Hefty Profit Seen for Card Issuers
He pointed to strong revenue-growth expectations at the companies and at rival card issuers such as Discover Financial Services and American Express Co. Visa and MasterCard have been adjusting their businesses in response to provisions capping how much ...

Consumer Bureau Gets Busy With Mortgage Probe
The consumer bureau was created by the 2010 Dodd-Frank financial law to protect consumers from unfair financial practices related to mortgages, credit cards, student loans and other financial products. Businesses and consumer advocates have been eager ...

Cash Store Financial Announces Intention to Commence a Normal Course Issuer Bid
Cash Store Financial also provides a private-label debit card (the Freedom card) and a prepaid credit card (the Freedom MasterCard) as well as other financial services, including bank accounts. Cash Store Financial employs approximately 2300 associates ...

ShopSmart Cuts Your Risk of ID Theft
Financial statements. Monthly or quarterly statements from your bank, credit-card companies, 401(k) administrator, and broker, for example, might include your account numbers.

aussies urged to address credit card debt
According to the Australian Prudential Regulation Authority, household credit card loans reached a record-high $40.6 billion in November, News Limited reports.

Financial services sector sheds 20000 jobs in six months, claims CBI and ...
Mr Burrowes said UK banks were growing increasingly concerned about prospects for non-performing loans, anticipating a rise in the number of people falling into arrears on their mortgages and credit cards. “Eurozone turmoil, uncertainty in the global ...

US Bancorp Acquires $700M Credit Card Portfolio
Financial terms of the deal were not disclosed. The acquired portfolio includes cards that financial services firm Edward Jones offered to its clients.