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October 26, 2004

American Express Posts Results of ID Theft Quiz

American Express has shared the results of an identity theft quiz recently used to survey consumers.

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UK Card Chiefs Get Grilled

This is London reports on a hearing by the UK's Treasury Select Committee that questioned credit card issuers about their practices of mailing unsolicited cheques to customers.

The Magic of RFID

Ever wonder how your Speedpass actually worked? Heard the hype about RFID and curious to learn more? Check out the article in ACM Queue by Intel's Roy Want titled The Magic of RFID".

Finding Top Business Leaders

Ted Pincus reports in the Chicago Sun-Times on a new book titled Business Evolves, Leadership Endures by Andrea Redmond and Charles Tribbett III, both executive recruiters at Russell Reynolds Associates.

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Visa International Forms Alliance with Application Security

Visa International has announced that it has formed a two year strategic alliance partnership with database security vendor Application Security, Inc. that includes making a minority investment in the firm.

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Next Estate Expands Green Dot Financial Network

Next Estate Communications has announced the addition of loading capability for ACS Ultima Cards at over 35,000 Green Dot Financial Network retail locations.

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Stored Value Cards Offer New Way to Pay

Thomas Pack writes in Business First about stored value cards.

Like credit or debit cards, they can be used to get money from an ATM or buy something at a store. Like prepaid phone cards or store gift cards, they aren't tied to a person's bank account, and they're preloaded with a specific amount of money. Some can be reloaded when the initial amount runs out.

Businesses like them, bankers say, because they help reduce payroll-processing costs. Consumers like them because they're easy to use. Banks like them because they provide another product to sell and help bring in new customers.

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