In an article titled 'Rate Chasers Are Online and Moving Cash', Jane Birnbaum writes for the New York Times about "savers who hunt for the best interest rates at banks and credit unions and quickly move their cash from one account to another."

Wells Fargo Merchant Services has published a useful guide for merchants on how they can ensure they are achieving the best interchange rates on their payment card acceptance. The guide, "The Merchant’s Guide To Achieving Better Interchange Rates" can be downloaded online.

According to the Smart Card Alliance, "the vigorous take up of contactless payment in the United States and its future in mobile phones, plus a Mount Sinai Medical Center initiative to give patients control of their own health and hospital registration information, highlighted the Alliance's annual conference."   » Continue Reading

Ina Steiner writes on AuctionBytes.com about PayPal's new Payment Review process.

US households will receive approximately 5.3 billion offers for new credit cards during 2007 according to Mail Monitor, the credit card direct mail tracking service from global market research company Synovate.   » Continue Reading

CashEdge has announced the results of its second annual Consumer Online Banking Survey. "Eighty-five percent of respondents would never bank with an institution that didn't offer online banking, eighty-two percent of those surveyed say they would use more online banking capabilities if they were available, seventy-three percent of the respondents say they prefer opening and funding a new bank account online, and nearly two-thirds (65 percent) would move their finances to another institution if it meant gaining access to more robust online banking capabilities."   » Continue Reading

The U.S. Public Interest Research Group has launched Truth about Credit, a web site that focuses on what it calls the "out-of-control marketing and unfair practices of the credit card industry, with a focus on college campuses." It is attempting to get colleges to agree to its "Principles of Responsible College Credit Card Marketing".

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