Several articles of note have recently appeared "slamming" the credit card - including various credit card issuer business practices, etc. Below are some highlights:

• The Debt Trap - a series of articles and accompanying multimedia content that the New York Times has been running for the last week or so. The second article in the series ran on Saturday: Outside U.S., Credit Cards Tighten Grip.
• Listen to the 56,000 - a New York Times editorial that ran last Tuesday.
• Sunday's Washington Post Business section carried on its front page the article "Credit Card Industry Faces Reforms" by Nancy Trejos.
• Sunday's Parade magazine section included the article: Don't Get Clobbered By Credit Cards! by Gary Weiss. The online article includes a poll asking readers whether Congress should regulate credit cards.
• Today, ABC News Consumer Correspondent Elisabeth Leamy writes Credit Card Junkies, Get Your Scissors.

Do you know of any other similar recent articles? If so, please post a comment linking to them or email us Feedback by clicking on the link in the top toolbar on this page.

CyberSource and Trustwave have announced a partnership to provide payment security solutions to Trustwave and CyberSource merchants in the United States and Europe. The solutions "will help merchants streamline compliance validation with the Payment Card Industry Data Security Standard (PCI DSS), providing a complete set of payment security services for merchants." READ MORE »

Visa has announced that the "international tourists who have joined the more than 11,000 athletes from 204 participating National Olympic Committees in China for the Beijing 2008 Olympic Games have had an immediate impact on the nation’s economy, including nearly US$10 million spent on Visa cards on the opening day of the Games. The money spent by tourists on their Visa credit, debit and prepaid cards on 8 August 2008 showed an increase of 11 percent over last year (8 August 2007). Opening Day’s biggest Visa spenders were from USA, followed by Japan, Hong Kong SAR, South Korea and the United Kingdom. Visitors from these five locations accounted for more than half of all Visa card spend on 8 August 2008." READ MORE »

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