Cardline articles from October 2006

Cardline archives from October 2006

GLOBAL'S PROFITS GROW 41%.(Global Payments)(Brief article)
October 6, 2006... Merchant processor Global Payments Inc. today reported net income of $44.2 million in its fiscal first quarter ended Aug. 31, a 41% rise from $31.3 million in the same period a year ago. Traders were pleased with the results, sending Global's...

RESTAURANTS TESTING PAY AT THE TABLE.(Brief article)
October 6, 2006... Several payment-terminal makers are working to expand in the restaurant segment, piloting pay-at-the-table with portable-device programs for diners. The terminals use wireless systems such as Bluetooth or Wi-Fi. CardLine's sister publication...

SAN FRANCISCO CREATES PROGRAM TO BANK THE UNBANKED.(Brief article)
October 6, 2006... San Francisco on Thursday launched "Bank on San Francisco," a program that allows local families dependent on check-cashing services to open a starter bank account with established financial institutions, including Bank of America, Citibank,...

GOD'S KIOSK ACCEPTING DONATIONS IN GEORGIA.(Brief article)
October 6, 2006... Stevens Creek Community Church, an 1,100-member church in Augusta, Ga., has installed four donation-accepting kiosks in its 6,000-square-foot lobby, Marty Baker, the church's founder and lead pastor, tells CardLine today. The kiosks provide...

GE ISSUES CARDS WITH NBC, PEACHDIRECT.(GE Money's Retail Consumer Finance)(Brief article)
October 6, 2006... GE Money's Retail Consumer Finance unit announced this week cobranded cards with two retailers in the non-face-to-face segment. The finance group is issuing a MasterCard-branded private-label credit card for ShopNBC, a direct-marketing firm...

SAN ANTONIO SWITCHES CHILD SUPPORT TO PLASTIC.(Brief article)
October 6, 2006... Parents in San Antonio who receive child-support payments can elect to have their funds deposited on a Visa-branded prepaid debit card from the state, Texas Attorney General Greg Abbott announced this week. Participating parents can make two...

TRUSTED TRAVELERS COULD BECOME TRUSTED CONSUMERS.(Brief article)
October 6, 2006... One of the groups seeking to sign up frequent travelers for a program designed to speed them through airport security checkpoints also sees the potential for targeting these mostly well-heeled and government-approved consumers for loyalty...

BRIEFS.(Brief article)
October 6, 2006... First Data Corp. completed the distribution of approximately 765 million shares of Western Union Co. common stock. Western Union will begin trading as a stand-alone firm with the symbol WU on Monday.... First National Merchant Solutions named...

HOUSE AND SENATE PASS INTERNET GAMBLING BILL.
October 6, 2006... Both houses of Congress approved a bill Saturday that bans credit card issuers from authorizing payments for bets made to Internet gambling sites. The measure, called Title VIII: Unlawful Internet Gambling Enforcement, was added to the...

BANK MERGERS, WESTERN UNION SPIN-OFF COMPLETE.
October 6, 2006... The completion of two major banking mergers were announced today, while a company spun off by a major card processor began trading on the New York Stock Exchange. JPMorgan Chase completed its acquisition of the consumer, small business and...

FIRSTBANK LAUNCHES GIFT CARD DIVISION.(FirstBank, a Nashville-based subsidiary )(Brief article)
October 6, 2006... FirstBank, a Nashville-based subsidiary of First South Bancorp, launched Community Bank Products, a gift card division located in Franklin, Tenn., that issues prepaid Visa gift cards that community banks can resell to their customers. To...

MOBITEX MERCHANTS GET A REPRIEVE.(Brief article)
October 6, 2006... Mobitex, a wireless data network used for business communications, will continue to operate through at least the first quarter of 2008, says Velocita Wireless, the division of Sprint Nextel that oversees the network. About 120,000 wireless...

CALIFORNIA ADDS MUSCLE TO ID THEFT EFFORTS.(Brief article)
October 6, 2006... California Gov. Arnold Schwarzenegger signed two bills Thursday designed to strengthen the state's efforts to fight identity theft. The first increases penalties for criminals who possess stolen personal information they use to commit...

BOFA, VISA RENEW PARTNERSHIP VOWS.(Bank of America and Visa USA)(Brief article)
October 6, 2006... Bank of America and Visa USA announced today they have renewed their longstanding card-issuing partnership through 2011. The agreement maintains BofA's current status as issuer of the most Visa-branded payment cards. The agreement is...

BRIEFS.
October 6, 2006... Hypercom Corp. has submitted the radio frequency-enabled P4100 PIN pad to the RFI-Global testing house for certification with PCI, EMV and contactless specifications.... Prepaid experiential card provider Utix renewed its strategic alliance...

CONTACTLESS A WINNER WITH EARLY ADOPTERS.(Contactless payments getting good response)(Brief article)
October 6, 2006... Contactless payments are proving an overwhelming success with consumers that have tried the technology, according to a survey released today by Javelin Strategy & Research at the Smart Card Alliance conference in San Diego. Javelin found that...

CHICAGO TO BUY CARD-ACCEPTING PARKING METERS.(Brief article)
October 6, 2006... The City of Chicago plans to buy up to 2,000 more pay-and-display parking meters after successfully installing about 100 of the card-accepting devices. Each device costs an estimated $10,000, compared to $450 for a standard coin-accepting...

PALOMAR TRIES HOSPITAL CREDIT CARD FOR INDIGENT PATIENTS.(Brief article)
October 6, 2006... Southern California's largest trauma facility system has partnered with a private equity firm to issue a co-branded credit card for patients who are unable to immediately pay their medical debt. Patients using the CarePayment card each month...

ALLIANCE DATA REFORMULATES CREDIT AGREEMENT.(Brief article)
October 6, 2006... Alliance Data Systems Corp. announced yesterday it had remade its credit agreements with Bank of Montreal, terminating several three-year-old agreements while opening a new loan agreement. According to a filing with the U.S. Securities and...

WEBBANK WILL ISSUE FOR GENESIS IN SUBPRIME SEGMENT.(Genesis Financial Solutions )(Brief article)
October 6, 2006... Industrial bank WebBank will issue cards for Genesis Financial Solutions Inc., a developer of consumer loans targeting subprime consumers, the two partners announced recently. Salt Lake City-based WebBank will issue MasterCard Worldwide-branded...

NEW WEB SITE OFFERS GIFT CARD EXCHANGES.(Plastic Jungle launches website)(Brief article)
October 6, 2006... Fresno, Calif.-based Plastic Jungle announced today the launch of a Web site that offers a secure marketplace to buy, sell, trade or donate gift cards. The company aims to fill a niche in the burgeoning gift card market that the National Retail...

CHASE PAYMENTECH SIGNS WITH IP COMMERCE.(Brief article)
October 6, 2006... Chase Paymentech Solutions will use new software to help its small business customers use the Microsoft Vista operating system to complete a card transaction on Paymentech's network. IP Commerce, the software developer, says the customers can...

BRIEFS.(Brief article)
October 6, 2006... Advertising Checking Bureau's manufacturer clients will use Ecount's prepaid card platform for incentive and reward programs.... The consumer information firm Equifax named Lee Adrean chief financial officer, replacing Donald T. Heroman who is...

MONERIS NAMES COHEN PRESIDENT OF ITS US GROUP.(Gregory C. Cohen)(Brief article)
October 6, 2006... Merchant acquirer Moneris Solutions Inc. has named Gregory C. Cohen its new president, replacing Larry Wine, who joined RBS Lynk this summer. Riverwoods, Ill.-based Moneris is the U.S. arm of Moneris Solutions Corp., the largest acquirer in...

WATCHDOG BLASTS CONSUMER DATA BROKERS.(Brief article)
October 6, 2006... Data brokers such as ChoicePoint, LexisNexis and Acxiom are not doing enough to keep consumers' personal information secure and often have incorrect information in individuals' personal data files, Consumer Reports magazine reports in its...

INVESTOR PAYS $317 MILLION FOR RETAIL DECISIONS.(RD Card to acquire Retail Decisions )(Brief article)
October 6, 2006... Retail Decisions plc, a United Kingdom-based developer of anti-fraud software and operator of fuel and gift card programs, last week accepted a buyout offer from a private-equity firm. In a statement, Retail Decisions says its board agreed to...

TRANSIT OFFICIALS GIVE PASSING GRADE TO NY PAYPASS PILOT.(Brief article)
October 6, 2006... Halfway through a six-month test of paying subway fares with a contactless MasterCard PayPass card, officials at New York City's Metropolitan Transit Authority say they are "very satisfied with the results." Steve Frazzini, MTA's...

PROCESSOR STOCKS BACK ON THE UP SIDE IN SEPTEMBER.(Brief article)
October 6, 2006... The 13 major publicly traded electronic transaction processors registered an average return of 4.65% in September, well above the increases of 2.62% by the Dow Jones Industrial Average and of 2.45% by the S&P 500 Index, according to Barrington...

KEYCORP ACQUIRES OPTIMAL SERVICES GROUP.
October 6, 2006... Australian smart card and payment terminal company Keycorp Ltd. announced Tuesday it has acquired Optimal Services Group for A$3 million (US$2.2 million). Quebec-based Optimal, a subsidiary of Optimal Group, provides software and other...

TOWERGROUP: BANKS MUST REEXAMINE REWARD CARD STRATEGIES.(Brief article)
October 6, 2006... A TowerGroup report this week finds that 2006 is proving to be a transition year for card issuers as they move from using rewards cards to attract and retain customers to a greater focus on the bottom line and how rewards are delivered....

BRIEFS.(Alliance Data Systems Corp.)
October 6, 2006... Alliance Data Systems Corp.will spend $600 million through 2008 to repurchase its shares.... GE Retail Consumer Finance and retailer Stein Mart launched a cobranded rewards MasterCard.... Kohl's Corp. recorded $15 million in revenue from...

MOBILE CONTACTLESS COULD JUMP.(use of mobile phones for cash payments)(Brief article)
October 6, 2006... Contactless payments with a cell phone will grow worldwide to $36 billion in volume by 2011 from less than $2 billion today, according to "Mobile Contactless Payments: Growth on the Horizon," from StrategyAnalytics. The consultant to the...

COMPULSIVE SHOPPING AFFECTS 5% OF U.S. ADULTS.(Brief article)
October 6, 2006... More than one in 20 American adults are compulsive shoppers, a disorder that affects men and women nearly equally, according to a study conducted by the Stanford University School of Medicine. Stanford found that 6% of women and 5.5% of men are...

DEBT BUYERS ON PATH TO RECORD M&A ACTION.(Brief article)
October 6, 2006... Roughly $536 million in merger and acquisition activity took place in the accounts receivable management (ARM) business during the third quarter, says research and advisory firm Kaulkin & Ginsberg. Major deals in the quarter included National...

RETAIL DECISIONS INTROS NEW FRAUD PREVENTION SERVICE.(Brief article)
October 6, 2006... Retail Decisions, a United Kingdom-based provider of fraud prevention technology, processing services and a payment card issuer, has launched a new fraud prevention service called ReD Shield. The service uses a neural technology called Prism to...

INDUSTRY STILL SEEKING KEY TO OPEN SMALL BUSINESS SEGMENT.(Brief article)
October 6, 2006... It is proving hard for the card industry to convince small business owners to use business cards for their purchases of goods and services, according to the cover story in the October issue of Cards&Payments, a CardLine sister publication. Visa...

MAXED OUT COULD MAX OUT ISSUERS PATIENCE.
October 6, 2006... Card issuers may want to prepare themselves for the release of a documentary film and book that explores American consumers and their reliance on credit cards. "Maxed Out," a dual movie and book package, will be released this February in the...

CANADIAN TAX PREPARER ADDS PREPAID CARD OPTION.(Brief article)
October 6, 2006... Liberty Tax Services, a Canadian tax-preparation company, will begin to offer its customers the option of having their tax refunds deposited directly into a prepaid debit card account, according to Pay Linx Corp., whose eFunding system will...

BRIEFS.(U.S. Bank's)
October 6, 2006... The Texas Debit Card for child support payments is used in seven of the state's eight child support regions following this week's implementation in Austin.... Omaha, Neb.-based retailer Gordmans renewed its card processing deal with First...

CARDS TOP PAYMENT CHOICE WORLDWIDE FOR ONLINE MERCHANTS.
October 13, 2006... Small- and mid-size online merchants around the globe say they prefer to be paid with plastic over other payment types, according to a survey by Financial Insights. Credit and debit cards carrying major international brand names such as...

RBS TESTING PAYPASS, AND MASTERCARD PLANS AD CAMPAIGN.
October 13, 2006... MasterCard Worldwide has been testing its PayPass contactless card since June with the Royal Bank of Scotland, the $1.5 trillion-asset banking giant, Cathleen Conforti, MasterCard's senior vice president of Global PayPass, told CardLine...

CHASE SEEKS HISPANIC CONSUMERS.
October 13, 2006... Chase Card Services is spending millions on an advertising campaign to promote its cards to the Hispanic market. The campaign's catch phrase is "Confi en Ti. Confi en Chase," which translates as "Have Confidence in Yourself. Have Confidence in...

ATTORNEYS CLAIM CREDIT CARDS DON'T CAUSE BANKRUPTCY.(National Association of Consumer Bankruptcy Attorneys)(Brief article)
October 13, 2006... Most bankruptcy attorneys say the 2005 federal bankruptcy legislation has been a bust and that next year filings could match the record set last year, according to a survey by the National Association of Consumer Bankruptcy Attorneys released...

SELLER OF CARD DATA SETTLES FTC SUIT ALLEGING PRETEXTING.(Integrity Security & Investigation Services Inc. facing charges of pretexting)(Brief article)
October 13, 2006... A private investigation firm that sold consumers' credit card transaction reports and phone records to third parties has agreed to settle Federal Trade Commission charges that it violated federal law. The FTC's complaint against Integrity...

UNIVERSITY WILL TRANSFORM IDS INTO DEBIT CARDS.(University of Illinois)(Brief article)
October 13, 2006... The University of Illinois is seeking bids from banks, credit unions and other financial institutions to link checking accounts to students' university identification cards. Transforming the identification cards, or I-cards, into debit cards...

AMEX HOPES TO GATHER HONEY FROM ITS BUSY BEES.(American Express Co. )(Brief article)
October 13, 2006... American Express Co. has been busy across its product set recently, issuing cards, adding rewards, jiggering programs and signing partners. The American Express Incentive Services group in St. Louis introduced two business-to-business prepaid...

BRIEFS.(Brief article)
October 13, 2006... Safeway's prepaid card Blackhawk Network is buying for an undisclosed price EWI Holdings Inc., a prepaid card processor.... Citibank is promoting its Citi AAdvantage credit cards with concerts featuring Dave Matthews, Mary J. Blige, Tony...

CORRECTION.(Correction notice)
October 13, 2006... Small business owners with annual revenues of $1 million to $4.9 million last year spent $6,000 each month on their business cards, while those with annual revenues from $100,000 to $1 million spent $2,790 per month. CardLine incorrectly...

NOVA WILL INTEGRATE DISCOVER PROCESSING.(Nova Information Systems to integrated Discover Network processing)(Brief article)
October 13, 2006... Nova Information Systems announced yesterday it will offer integrated Discover Network processing under an agreement the two companies recently signed. Nova, a unit of U.S. Bancorp, says it will offer consolidated pricing, underwriting, risk...

WAWA TO ISSUE CARD WITH DEBITMAN.(Debitman Card )(Brief article)
October 13, 2006... The Wawa convenience store chain this month will issue a PIN-debit card at 29 of its stores with Debitman Card Inc., a Wawa spokesperson tells CardLine today. San Mateo, Calif.-based Debitman operates the Retailers Network, enabling merchants...

PNC RATCHETS UP DEBIT STRENGTH WITH MERCANTILE BUY.(PNC Financial Services Group to buy Mercantile Bankshares )(Brief article)
October 13, 2006... PNC Financial Services Group Inc.'s deal to buy Mercantile Bankshares Corp. will add 250 ATMs to its network of 3,600 ATMs in eight states and the District of Columbia, making it the ninth-largest ATM owner in the U.S., according to...

IRON TRIANGLE WILL OPERATE AS NATIONAL PROCESSING.(Iron Triangle Payment Systems, National Processing Company)(Brief article)
October 13, 2006... Iron Triangle Payment Systems reported it will operate under the name National Processing Company after closing today on its purchase of the independent sales organization merchant-acquiring business of BA Merchant Services (CardLine 9/22). As...

CHECKFREE OFFERS POS BILL PAYMENT VIA THE INTERNET.(Brief article)
October 13, 2006... Atlanta, Ga.-based CheckFree Corp. announced today a new program that allows retailers to offer walk-in bill-payment services through their existing payment terminals. CheckFreePay Link enables retailers to accept bill payments at their...

PLASTIC PRODUCTION PUSHED 15 BILLION LAST YEAR.(Brief article)
October 13, 2006... Nearly 15 billion plastic payment cards were manufactured worldwide in 2005, according to an annual survey by the International Card Manufacturers Association. The manufacture of 14.7 billion cards, including magnetic stripe, chip-embedded and...

TRADE GROUP REVIEWS CONTACTLESS TRANSIT PAYMENTS.(Smart Card Alliance Transportation Council )(Brief article)
October 13, 2006... The Smart Card Alliance Transportation Council yesterday released a white paper that suggests it is possible for bank-issued contactless cards to be used to pay transit fares without requiring major changes to the financial payments...

BRIEFS.(Brief article)
October 13, 2006... Munich-based smart card manufacturer Giesecke & Devrient opened a North American smart card facility in Markham, Ontario.... Consumer credit reporting agency Experian went public yesterday on the London Stock Exchange, trading at 596 pence, up...

VISA TO GO PUBLIC.(Brief article)
October 13, 2006... Visa announced today it will restructure itself to become a global public corporation called Visa Inc. The new company would be created through merging Visa Canada, Visa USA and Visa International, which includes the operating regions for...

VISA INC. SEEKS CAPITAL, GLOBAL SCALE, SAYS COGHLAN.(Brief article)
October 13, 2006... Visa's announcement today it would incorporate and go public was widely anticipated following the successful launch of MasterCard Worldwide as a publicly traded company and the changes wrought by court decisions opening up the payments...

VISA COULD BE BIG BAD WOLF TO COMPETITORS.(Brief article)
October 13, 2006... Stock analysts were quick to note Visa's size, market strength and international brand name as they summed up its potential as a public company today. Visa could be the "big bad wolf" to its competitors because it holds a 60% market share of...

VISA EUROPE STAYS INDEPENDENT TO FOCUS ON SEPA.(Single Euro Payments Area)(Brief article)
October 13, 2006... Despite the Visa card association's decision to merge most of its regional operations and to become a publicly traded company, Visa Europe says it will stay separate because its member banks want to focus their attention on meeting the...

OBSERVERS WARY OF VISA'S PLANS.(Brief article)
October 13, 2006... Competitors, colleagues and foes reacted warily to Visa's announcement today that it plans to restructure itself from an association of member banks to a public global corporation known as Visa Inc. Bank of America and Chase Card Services,...

ISOS MAY SEE LITTLE CHANGE FROM A PUBLIC VISA.
October 13, 2006... The formation of a publicly traded Visa Inc. could mean new procedures, new guidelines and even new pricing, says Ivan Gallardo, national director of sales and marketing at Englewood Cliffs, N.J.-based independent sales organization United...

HYPERCOM SELLS 20,000 TERMINALS.(payment terminals)(Brief article)
October 13, 2006... Total Merchant Services Inc., an independent sales organization based in Basalt, Colo., will buy 20,000 Hypercom Optimum T4100 payment terminals, says Hypercom Corp. Hypercom says this is the largest single order to date of this terminal, which...

EXPERIAN OPENS UP AS IT GOES PUBLIC.(Brief article)
October 13, 2006... Experian Group Ltd. is coming out of its shell after being spun off from Gus plc this week on the London Stock Exchange. Christopher A. Callero, CEO Experian Americas, tells CardLine the newly independent firm will bring more value to...

BRIEFS.(Brief article)
October 13, 2006... SixHy-Vee grocery stores in Illinois and Iowa are piloting Pay By Touch's biometric payment system.... TransFirst named Michael Phelan president of its ePayment division.... Green Dot Corporation will use the data-protection services of Santa...

FAIR ISAAC SUES CREDIT AGENCIES ON VANTAGESCORE.(Brief article)
October 13, 2006... Fair Isaac Corp. has sued the three national credit-reporting agencies on antitrust grounds over the VantageScore credit-scoring model they launched this year. Fair Isaac filed the suit yesterday in federal court in Minneapolis against...

MANY AMERICANS SPENDING 'LIKE DRUNKEN SAILORS,' SAYS WYSS.(Brief article)
October 13, 2006... Credit card and other unsecured debt makes up around 20% of the average American's debt load, with mortgage debt making up the rest, David Wyss, chief economist for Standard & Poor's, said this morning during a speech at the annual Card...

PROCESSOR ECHO HIT BY ONLINE GAMING BAN.(Electronic Clearing House stocks hit by the federal ban on online gambling)(Brief article)
October 13, 2006... The new federal ban on the use of cards to fund online gambling will have a "significant negative effect" on the fiscal 2007 revenues and income of processor Electronic Clearing House (ECHO), the company reported late yesterday. ECHO's stock...

PAY BY TOUCH LAUNCHES ONLINE AUTHENTICATOR.(Brief article)
October 13, 2006... Pay By Touch announced Monday a service that allows individuals to authenticate their identity by placing a finger on a fingerprint scanner built into or attached to a personal computer. The biometric payment company is working with Lenovo,...

GAO REPORT RIPS CARD AGREEMENTS, EXPERTS CHIDE GAO.(Government Accountability Office )
October 13, 2006... A widely publicized federal report on the confusion sown by credit card agreements has consumer advocates and card experts suggesting a variety of solutions. Yesterday's report from the U.S. Government Accountability Office found that most...

VIVOTECH AND OBOPAY TEAM UP.(Brief article)
October 13, 2006... A provider of contactless payment technology has joined with a mobile payments startup to develop, what else, a mobile contactless payments program. Santa Clara, Calif.-based Vivotech Inc., best known as a provider of contactless payment...

FEMALE ENTREPRENEURS RELY ON PAYMENT CARDS.(MasterCard Worldwide survey)(Brief article)
October 13, 2006... A MasterCard Worldwide survey finds that 42% of women entrepreneurs use payment cards to make more than half of their business purchases. Fifty-three percent of female small business owners surveyed said they keep management of personal and...

BRIEFS.
October 13, 2006... Visa USA adopted the Employee Benefits Institute of America standards for substantiation of medical expenses made with cards linked to Flexible Spending Accounts and Health Reimbursement Arrangement accounts.... First Data International is...

COMDATA TO COMBINE BUSINESS UNITS INTO A SINGLE BRAND.(Brief article)
October 20, 2006... Comdata Corp. today announced a marketing campaign that highlights the rebranding of all of its subsidiaries to the Comdata brand. The subsidiaries include prepaid card processor Stored Value Systems Inc., merchant debit and credit card...

CHINA TOP MARKET FOR PREPAID PAYMENTS.(Brief article)
October 20, 2006... The international market with the most potential for prepaid payments is China, according to Mercator Advisory Group's study "International Prepaid Market Readiness 2006" released this month. China is tops due to its population of 1.3 billion,...

PAYPASS GAINS TWO FIRST DOWNS IN NFL EXPANSION.(National Football League )(Brief article)
October 20, 2006... The National Football League opened its regular season in September with more team stadiums accepting PayPass, MasterCard Worldwide's contactless payment card. The Arizona Cardinals' and Chicago Bears' home fields joined seven stadiums,...

MONERIS INKS RENT-TO-OWN DEAL.(Brief article)
October 20, 2006... Moneris Solutions said this week it will offer credit and debit card processing to members of the Association of Progressive Rental Organizations, a Buffalo Grove, Ill.-based firm that represents more than 8,300 rent-to-own stores in the United...

DEBT INDUSTRY SEES REGULATION AS TOP THREAT.(Brief article)
October 20, 2006... The threat of tougher government regulation is the greatest challenge facing the debt-collection industry, speakers said during a roundtable discussion Wednesday at SourceMedia's Card Collections Conference in Las Vegas. "Regulatory issues are...

WEST PALM TRIES CELL PHONE PARKING PAYMENTS.(Brief article)
October 20, 2006... Beginning Nov. 1, West Palm Beach, Fla., motorists will be able to use their cell phone to pay for parking at each of the city's 1,500 downtown meters. To do so, they dial a number listed on the meter that directs them to enter both the meter's...

OPRAH IS EUPHORIC OVER BONO AND AMEX'S RED.(American Express Co.)(Brief article)
October 20, 2006... Bono went shopping with Oprah yesterday, turning heads in Chicago's fanciest shopping district, all to promote a charity fund-raising campaign led by American Express Co. Talk show host Oprah Winfrey and singer Bono went on a spree on the...

BRIEFS.(Brief article)
October 20, 2006... Fuel card processor FleetCor Technologies Inc. purchased Czech Republic-based CCS, a fuel card operator with 23,000 fleet customers.... The Home Depot is donating to three non-profit partners 5% of the sales through Nov. 6 of three new gift...

CORRECTION.(Correction notice)
October 20, 2006... First Data International is processing credit cards for First Citizens Bank in Trinidad and Tobago, not Citizens Bank. CardLine regrets the error. (c) 2006 CardLine and SourceMedia, Inc. All Rights Reserved. http://www.cardforum.com...

KIPLINGER'S CITES BEST CARD PROGRAMS.(Brief article)
October 20, 2006... The widely read business magazine Kiplinger's Personal Finance named several "Best of" credit cards in its just-released November issue. The "Best Gasoline Credit Card," in the magazine's view, is the BP Visa Rewards card that gives cardholders...

STEADY GROWTH OF ELECTRONIC BILL PAYMENTS, AITE PREDICTS.(Brief article)
October 20, 2006... The share of bills consumers pay with checks will decline from nearly 55% this year to 37% in 2010, according to a report today from Aite Group LLC. In 2010, 17% of U.S. checking account holders will pay bills via bank Web sites, compared to 9%...