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« October 24, 2004 | Main | October 26, 2004 »

October 25, 2004

Credit Card Companies Lobbying for Airline Liability Protection

Tags » Card Payments, Merchant Acquirers

Scott McCartney reports in the Wall St. Journal (subs. reqd.) about lobbying by credit card companies for new legislation that would protect them from potential liability if an airline shuts down.   » Continue Reading

Diners' CEO Inteviewed

Tags » Card Payments

Diners Club North America CEO M. V. Rajamannar is interviewed on Business Travel News.

Richard Clarke Addresses Smart Card Industry Forum

Tags » Bank Technology, Card Technology, Security

Former US national security advisor Richard Clarke spoke to the Smart Card Alliance's fall conference in San Francisco last week.   » Continue Reading

American Express Reports 16% Growth in Cardmember Spending

Tags » Card Payments

In its third quarter financial results reported this afternoon, American Express reported a 16% increase in Amex cardmember spending over the same quarter last year and a 14% increase in discount revenue paid by card accepting merchants. Amex's average discount rate declined 3 basis points from 2.60% to 2.57% as compared to the same quarter last year.   » Continue Reading

Micro to the Max

Tags » Micropayments

Denver's Rocky Mountain News takes a look at micropayments.   » Continue Reading

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