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July 25, 2008

Oyster Card System Fails During London's Morning Rush Hour

The BBC reports on a failure of the Oyster prepaid card system earlier today during the morning rush hour in London. A similar failure occurred two weeks ago.

Protecting Your Credit Card Credit Lines

In an article titled "Credit Cards: How to Protect Your Limits", Carl Winfield writes for Business Week about credit card issuers cutting available credit lines in response to the current economic situation. "Issuers use lower limits to warn consumers they are on the road to financial ruin, says John Hall, a spokesman for the American Bankers Assn."

Headline News - July 25, 2008

Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit PaymentsJobs.com. Employers looking to hire payments professionals can post their job openings there as well.

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