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Credit Card Issuers NEWS

Equifax and FICO warn banks about the secret credit card fraud

[Wednesday, March 7th, 2012]

Credit card frauds are increasing day by day. On the surface, bank reports some of the cheapest credit card delinquency, default as well as fraud rates they have experienced since the credit card issuers began maintaining records. Still, according to 2 main credit card service companies, credit card issuers have still to experience the complete [...]

Banks Temporarily Cut Fees for Irene Victims

[Sunday, November 6th, 2011]

Hurricane Irene made a mess in part of the East Coast, causing flooding, evacuations, and a New York metro system shut down. Banks have come together to try to provide assistance to its customers in affected regions. JP Morgan Chase & Co., America’s second largest bank, is leading the way and in an act of financial [...]

Credit card issuers not hesitant about sending emails to customers

[Saturday, June 4th, 2011]

As per one of the reports from the Pew Safe Credit Cards Project, there were over 2.5 billion credit card offers for small business credit cards that were sent to customers between Jan 2006 and Dec 2010. Surprising though it may be for a few, this amount to close to 44 million credit card offers [...]

Credit card issuers customize offers based on how you shop online

[Tuesday, February 15th, 2011]

The top credit card issuers in the country are using Hightech techniques of marketing and strategies. These techniques help them to customize online offers instantaneously based on the surfing tendencies of the shopper. This means that two people with identical credit records living across town could see different offers on the credit card site when [...]

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