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Credit card statistics, industry facts, debt statistics
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Read recent credit card statistics, surveys and research from a variety of sources. This frequently updated compilation of credit card statistics all sourced, making fact-checking and research ..
Destination Hotels Card-processing System Hacked
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Luxury resort company Destination Hotels & Resorts says credit card processing systems were hacked. Credit card - Resort - Financial - Business - Merchant ..
Discover posts profit as credit card use jumps
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Discover Financial said Thursday that returned to profitability fiscal second quarter as consumers spent more credit cards
Citi and AT&T Team Up to Announce Bonus Savings to New AT&T Universal Cardmembe
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NEW YORK----The growing capabilities of smartphones are convincing more and more consumers to upgrade to more advanced devices. Through unique relationship AT&T, Citi, a leading provider of credit cards, offering a $50 bonus savings credit to customers who open an AT&T Universal Savings and Rewards Card between June 29, 2010 and August 15, 2010
Credit card rules to ding Discover profits
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Quarterly earnings up 14% as delinquency rates fall, set-asides for bad loans shrink A new credit card rule that limits late fees reduce annual earnings of Discover Financial by $80 million to $90 million a year, Chief Executive David Nelms said Thursday
Discover Beats on Credit Card Spending Surge
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Discover Financial beat the Street second quarter earnings a better than expected level of consumer credit card spending
AT&T, T-Mobile, Verizon prep smartphone credit/debit payment
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Three of the larger US carriers are developing a smartphone-based alternative to a traditional credit or debit payment, sources claimed on Monday. AT&T, T-Mobile and Verizon are developing a Near Field Communication system like Japan's FeliCa. Buyers would swipe a phone an NFC chip near a reader to pay for goods at stores rather than use a card. Verizon - AT&T - T-Mobile - Near Field ..
Cell Carriers to Take On Credit Card Companies
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In a joint venture, Verizon Wireless, AT&T and T-Mobile may work Discover Financial and Barclays to create a mobile payment system that would compete the credit cards issued by Visa and Mastercard banks, according to a (follow link to read)..
Visa, MasterCard May Face `Game-Changer' Challenge by AT&T, Verizon, IBM
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The credit card companies face a threat from a venture led by AT&T and Verizon Wireless that would use mobile phone technology to replace credit and debit cards..
AT&T, Verizon Said to Target Visa, MasterCard With Smartphones
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AT&T Inc. and Verizon Wireless , the biggest U.S. mobile carriers, are planning a venture to displace credit and debit cards smartphones, posing a new threat to Visa Inc. and MasterCard Inc. , three people direct knowledge of the plan said
The New Credit-Card Tricks
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Just months after historic legislation banned certain billing practices, card issuers have dreamed up new ones designed to trip up consumers
AT&T, Verizon and T-Mobile team up to transform your smartphone a credit
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Contactless payments made using your phone are hardly a new idea themselves, but when three of the big four US carriers decide to unite behind it, the time might have come to start paying closer attention. Bloomberg reports that AT&T, Verizon and T-Mobile are about to test the NFC payment waters pilot schemes Atlanta and three other cities, potentially aided by partnerships ..
Check Out the Companies That Make ReadWriteWeb Possible
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Our readers know ReadWriteWeb as the blog that's ahead of the technology curve. Our sponsors know us as that, too. Once a week we introduce our sponsors to our readers and let them know a little more about who they are and what they do. You can say thanks to the companies that make ReadWriteWeb happen by tweeting them (see the link below each sponsor) or following them using our Twitter list ..
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