Merchant Funded Rewards – Retailer, Bank and Rewards in Concert [ATM, Debit & Prepaid Forum 2009]

by formadaadmin | Oct 20, 2009

I was particularly interested in the merchant funded rewards session put on by Jonathan Silver of Affinity Solutions and John MacMillan from Comerica Bank. Having listened to several discussions point to debit card rewards as important to consumers, this session...

The Era of Responsible Credit Card Borrowing Begins Today

by Bryan Derman | Sep 15, 2009

Chase Blueprint brings new transparency and consumer control to credit cards Today’s announcement of the new “Blueprint” functionality by Chase Card Services represents a significant generational inflection point in the evolution of the US credit card business....

Adapting to a new future: Impact of The Credit CARD Act of 2009 on Financial Institutions [E&Y]

by formadaadmin | Sep 12, 2009

Consistent with the current government focus on enhancing consumer protection, the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit CARD Act of 2009) brings sea changes to the credit card industry. Forward-looking financial services...

Addicted to Credit

by scott | May 7, 2009

In a frankly depressing but undoubtedly realistic column this morning titled “National Addiction to Easy Credit Remains Consumers’ Downfall”, Michelle Singletary, the Washington Post’s personal finance columnist, writes that the credit card...

What’s Your Hurry? Here’s Your Hat!

by scott | Mar 8, 2009

In his New Yorker column this week titled “House of Cards”, James Surowiecki writes about how some US credit card issuers are trying to shed some of their existing customers.In effect, they’re trying to follow the advice given by Larry Selden and Geoffrey...