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July 31, 2005

The JCB Card Accepted at Travelex Japan for Foreign Currency Purchase (Japan Corporate News)

Tokyo, Japan, Aug 1, 2005 - (JCN Newswire) - JCB, a leading international card brand based in Asia, is pleased to announce that the JCB brand card will be accepted at Travelex branches in Japan for the purchase of foreign currency.

The JCB Card Accepted at Travelex Japan for Foreign Currency Purchase (Japan Corporate News)

Tokyo, Japan, Aug 1, 2005 - (JCN Newswire) - JCB, a leading international card brand based in Asia, is pleased to announce that the JCB brand card will be accepted at Travelex branches in Japan for the purchase of foreign currency.

Book Reviews for July 7: Mystery: Jeffery Deaver, “The Twelfth Card”; James Crumley, “The Right Madness”; Harlan Coben (The Davis Enterprise)

Published Jul 08, 2005 - 15:10:10 CDT. Two of this month's novels, Don Winslow's "The Power of the Dog" and James Crumley's "The Right Madness," are violent and profane masterpieces.

American Express gaining on competitors (Florida Today)

Complete FLORIDA TODAY coverage delivered to your door. Subscribe now. Four years ago, Kenneth Chenault faced high hurdles as the chief executive officer of American Express Co. A recession hurt the company's travel and credit card businesses.

Learn options to take control of debt (Detroit News)

Q. I'm deeply in debt and falling behind on my payments. I need to find some relief and my problem is that I don't understand all the options available to me. Could you outline the available choices so I can start to take action?

Wireless-Tower Outfits: Rising High (BusinessWeek)

After consolidation, the companies are ready to reap windfall revenues. And with new services arriving, they'll be sitting even prettier

Wealthy Parents Enlist Financial Advisers (AP)

AP - For financial planner Peg Eddy, work is sometimes child's play — literally.

Countrys fiscal flexibility limited by narrow tax base (Manila Bulletin)

Standard & Poor s Ratings Services, one of the world s leading provider of fund and credit rating information, said the Philippines impaired fiscal flexibility because of its narrow tax base continues to limit its creditworthiness and doubts of the government s ability to reduce its high level of debt remains.

RP needs debt access, not relief: Teves (Malaya)

Finance secretary Margarito Teves said the country needs to improve its access to international financial markets and does not need debt relief. He shrugged off proposals for the country to seek debt relief.

Money Matters: Credit cards can play gotchya (Miami Herald)

Credit cards are getting harder to handle. Minimum payments are rising, as I've reported before. And some penalizing tactics are becoming so widely used that cardholders may feel like they're in a game of gotcha with their card issuer.

July 30, 2005

HSBC And SAS Building Advanced Card-Fraud-Detection System (Business Intelligence Pipeline)

Bank losses from credit-card fraud dropped to $788 million last year from $882 million in 2003.

HSBC And SAS Building Advanced Card-Fraud-Detection System (Business Intelligence Pipeline)

Bank losses from credit-card fraud dropped to $788 million last year from $882 million in 2003.

HSBC And SAS Building Advanced Card-Fraud-Detection System (Business Intelligence Pipeline)

Bank losses from credit-card fraud dropped to $788 million last year from $882 million in 2003.

Harvesting rewards: Credit card firms are dangling the carrots in an effort to win over loyal users (US News & World Report)

Charge it. Get something back. It's the new mantra among the nation's largest credit card companies. Gone are the days when a pen or photo frame arrived in the mail as a thank-you for being a loyal customer. Reward programs are becoming more popular and better than ever, as card issuers offer gift certificates at your favorite store, discounts on airfares and cars, and even hard cash to nab your

Harvesting rewards: Credit card firms are dangling the carrots in an effort to win over loyal users (US News & World Report)

Charge it. Get something back. It's the new mantra among the nation's largest credit card companies. Gone are the days when a pen or photo frame arrived in the mail as a thank-you for being a loyal customer. Reward programs are becoming more popular and better than ever, as card issuers offer gift certificates at your favorite store, discounts on airfares and cars, and even hard cash to nab your

Harvesting rewards: Credit card firms are dangling the carrots in an effort to win over loyal users (US News & World Report)

Charge it. Get something back. It's the new mantra among the nation's largest credit card companies. Gone are the days when a pen or photo frame arrived in the mail as a thank-you for being a loyal customer. Reward programs are becoming more popular and better than ever, as card issuers offer gift certificates at your favorite store, discounts on airfares and cars, and even hard cash to nab your

Police: Couple Uses Distraction To Steal Credit Cards (WKMG Local6.com via Yahoo! News)

Authorities in Osceola County, Fla., issued a warning Friday about a couple apparently using distraction to steal Central Florida shopper's credit cards.

Store credit cards: flashy perks, high rates (MSN Money)

Do the math when retailers offer special deals for their store credit cards. Behind the bonus dollars and discounts are often outsized fees and feeble rewards.

Two Vineland residents report stolen credit-card numbers (Press of Atlantic City)

VINELAND - Two Vineland residents reported credit-card-number thefts this week, according to police. Charles Schaser, owner of J&C Auto Sales, reported a total of $3,492 charged to his Minotola Bank Visa card from convenience stores in Korea and Quebec last month.

July 29, 2005

The poker economy: Marketers join the card craze (Investors.com)

CHICAGO (MarketWatch) -- The checks are being raised. As Americans discover -- or rediscover -- the joys of holding a hot hand, the business of poker is flush with cash.

The poker economy: Marketers join the card craze (CBS Market Watch)

As Americans discover -- or rediscover -- the joys of holding a hot hand, the business of poker is flush with cash. From the casinos of Nevada and New Jersey to a basement down the block to a Costa Rican computer room, players are flocking to the centuries-old game in unprecedented numbers.

Moody’s gets subpoenas from Spitzer (Reuters)

Reuters - New York Attorney General Eliot Spitzer subpoenaed Moody's Corp. , which runs one of the largest credit rating agencies, for documents on how it rates reinsurers and mortgage securities, broadening his probe of Wall Street practices.

Administration Hails Senate Bill (AP)

AP - The prospects of enacting a rigorous new regulatory regime for Fannie Mae and Freddie Mac has improved, with the Bush administration strongly endorsing a bill that Republicans jammed through the Senate Banking Committee.

Loan Points to Ponder (The Motley Fool)

The Motley Fool - With interest rates nearly scraping the bottom of the barrel, it's a great time to buy a new home or refinance your mortgage (and save big bucks on interest payments). Every loan comes with "points" -- also known as "loan origination fees," "maximum loan charges," "loan discount," or "discount points" -- which simply represent the interest you pay up front on the loan. But how should you deal with that interest come tax time?

Credit card issuers boost interest rates, late fees (USATODAY.com via Yahoo! News)

Millions of consumers who carry a balance or who don't pay their bills on time are now being hit with higher rates on their credit cards. The largest increases affect those with cards that have variable, or floating, rates that inch up with short-term interest rates.

July 28, 2005

Company, not agency, cancelled home policy - St. Petersburg Times


Company, not agency, cancelled home policy
St. Petersburg Times, FL - Jul 28, 2005
... On April 23, 2002, I made several mail-order purchases with my Discover Card. One such purchase was for $103.58 from a store in Boston. ...

Mortgage Rates Rise for 4th Straight Week (AP)

AP - Mortgage rates rose for a fourth consecutive week as financial markets responded to fresh evidence that the economy is picking up momentum.

Bristol-Myers’ Net Income Up on Tax Issues (AP)

AP - Pharmaceutical company Bristol-Myers Squibb said Thursday second-quarter net income soared 91 percent because of a lower tax rate. Sales grew by 1.5 percent, and earnings excluding certain items beat Wall Street estimates by a wide margin.

Loews profit rises,helped by CNA tax pact (Reuters)

Reuters - Loews Corp., a conglomerate whose holdings include financial, tobacco, energy and hotel companies, on Thursday said second-quarter profit rose 6 percent, helped by increased revenue and a federal income tax settlement at CNA Financial Corp., its largest unit.

July 27, 2005

American Express Sued Over Advertising Tagline - New York Times


American Express Sued Over Advertising Tagline
New York Times, United States - Jul 27, 2005
By ERIC DASH. A California small businessman contends in a lawsuit that American Express stole his idea for the tagline of the company's "My life. ...

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