Research Shows Closed-Loop Prepaid Program Managers Drive Volume and Program Profitability
Prepaid card program managers of Mercator have made distribution their top priority. Mercator Advisory Group’s Consumer Prepaid Distribution Strategies examines the methods available to prepaid card program managers as they seek out new outlets and markets
The report focuses on how closed-loop gift card business approaches [...]
In a recent radio interview, cycles expert Charless Nenner offered some bold forecasts for the immediate future:
- gold cycles are bottoming, and we might see a rise to $2120 per ounce, but not much more
- expect a low in the US Dollar in March and April of 2012, after which we will see a [...]
Bank of America consumers are the winners in the battle over the $5 monthly fee for using debit cards.
Bank of America co-chief operating officer David Darnell announced foregoing the monthly debit card fees November 1 after irate consumer Molly Katchpole of Washington, DC started an online petition calling for the bank to cease its unnecessary [...]
After conditioning consumers to use their debit cards for the past few years, some banks have a nasty surprise in store for us all. Some banks are waiting to see the fallout, but others have already jumped in. You may not know it, but your bank may be charging you a monthly fee for using [...]
Online banking with Citibank is now accessible in your own iPad.
The recent launching of Citibank for iPad has raised the benchmark for online banking with fast, reliable, and secured way of tracking and analyzing your finances.
With Citibank for iPad, gone are the days of the old-fashioned style of ledger banking. In this first-ever app [...]
These days, there is more sunshine and less doom and gloom in the Georgia banking world. Although dozens of Georgia banks have failed, other Georgia banks have snapped them up, keeping them local and making them stronger.
Georgia-Carolina Bancshares is now reporting what President & CEO, Remer Y. Brinson III says is a “substantial” increase in [...]
In June, the rate of bank failures decreased, with just four banks failing between June 1 and June 30, according to the FDIC.
Unfortunately, two of those failed banks were in Georgia.
The first to go was McIntosh State Bank, based in Jackson, Georgia, on June 17. Just a week later, it was acquired by Hamilton State [...]
The Discover More Card is a balance transferrer’s dream. If you have carry a balance on your existing cards, now may be the time to look at this Long Duration Balance Transfer card.
The 0% APR on balance transfers lasts for 18 month, with variable rates after that only 12% to 21%, [...]
If you are an M&T account holder, you can access your credit score from Equifax, one of the three major credit bureaus, for only US$2.99 per month.
The score you are going to get is a FICO score. A FICO score is the Equifax score a lender would see if you applied for credit. [...]
TransUnion’s quarterly analysis of trends in the credit card industry shows that the national credit card delinquency rate decreased to 0.74 percent in the first quarter of 2011.
Delinquency rate is the ratio of bankcard borrowers 90 days or more delinquent on one or more of their bank-issued credit cards.
This delinquency rate is down almost 10 [...]