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« February 28, 2006 | Main | March 2, 2006 »

March 01, 2006

UK: Steep Rise In Credit Card Debt

Tags » Consumer Debt

Andrew Ellson reports for The Times (UK) about the latest data from the Bank of England reporting that credit card debt in the UK increased by £733 million in January to a total of nearly £57 billion in total credit card debt. That works out to about £1,000 per person.

Pay It Forward

Tags » Financial Regulators

Bank Systems & Technology Online interviews Patrick K. Barron, First Vice President and COO, Federal Reserve Bank of Atlanta, about his views on treating payments as the business that it really is.   » Continue Reading

Payroll Debit Cards Score Big With Banked Employees

Tags » Ecount, Payroll Cards, Payroll Services

Ecount has announced survey results concluding that payroll debit cards are as popular with banked employees as unbanked employees, establishing that payroll cards are a desired benefit for employees within all demographics.   » Continue Reading

A "Health Warning" For Credit Cardholders?

Tags » Credit Cards

Kamahi Cogdon reports for Australia's Herald Sun about a recent review of the credit industry by the Victoria state government that results in recommendations that state laws be amended to require credit card issuers to include on their monthly statements a warning about the cost and time associated with paying off credit card debt.

Visa CEMEA Future Of Payments Conference In Dubai

Tags » Card Payments, Card Technology, Visa

Visa CEMEAAME Info reports on an upcoming conference sponsored by Visa International's CEMEA region on The Future of Payments to be held next week in Dubai on March 7th and a follow-up Merchant Solutions Conference being held on March 8th.   » Continue Reading

OFT (UK) Examines Credit Card Cheques

Tags » Card Issuers, Credit Cards, Financial Regulators

The UK's Office of Fair Trading in its response (PDF) to the DTI consultation paper on credit card cheques (PDF) says that legislation is needed to protect consumers using credit card cheques.   » Continue Reading

Moneygram Holds Analyst Day

Tags » Money Transfer

Moneygram International is holding its first ever Analyst Day today. A copy of the investor day presentation (PDF) is available online at the company's web site.

JP Morgan Chase Holds Investor Day

Tags » ACH, Banking Industry, Chase Card Services

Yesterday, JP Morgan Chase executives held a major investor day event. An audio recording of the event and copies of the presentations are available in the Investor Relations section of the JPMorganChase web site.   » Continue Reading

Arizona Attorney General - Fraud Fighter Accounts

Tags » Checking Accounts, Financial Regulators, Identity Theft

The Business Journal of Phoenix reports on efforts by Arizona Attorney General Terry Goddard to get financial institutions to offer consumers in his state what he's calling Fraud Fighter Accounts.   » Continue Reading

Consumers Like Biller Direct Bill Payment

Tags » Bill Payment

An article from The Bulletin Bend, OR titled "Central Oregon residents opt for online payments" profiles consumer appreciation for being able to pay bills directly on biller web sites.   » Continue Reading

Headline News - Wednesday, March 1, 2006

Tags » Payments News - Headline News

Note: Throughout the day, as Payments News happens, this post is updated.

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