Archive for March, 2007

Generation Z Credit Card Ownership Grows!

Friday, March 30th, 2007

More than four out of ten young consumers between the ages of 18 and 21 who surf the Web now own a credit card, and 65% of this “Gen Z” online group used the Web to apply for a credit card. A new research report also found that Capital One was the most popular credit […]

Bank of America Scam Email- Watch Out For This!

Wednesday, March 28th, 2007

I got an email yesterday, supposedly from Bank of America, notifying me that they detected a slight error in my account information and they asked me to update it, providing me with a link.
For a moment I thought this was real because of the images and was about to click on the link in the email when I […]

American Express Rewards Finder

Wednesday, March 28th, 2007

American Express has added even more functionality to its popular “Membership Rewards” program with the addition of online booking tools for its charge card customers. The new “Flight Finder” and “Room Finder” tools enable members to search award inventory, transfer points directly into a frequent flyer or frequent guest account, and book flights or hotel […]

Cingular Makes Move To Replace Credit Cards!

Tuesday, March 27th, 2007

AT&T Inc. said on Tuesday it has taken a step toward the long-promised notion of phones replacing credit cards, checks and cash by signing agreements with Wachovia Corp. and several other banks.
The agreements will allow customers of its Cingular Wireless arm, which is being rebranded as AT&T, and participating banks to manage their accounts and […]

Morgan Stanley Unveils Plans For Discover Card Spinoff

Monday, March 26th, 2007

Morgan Stanley finally made a decision on Discover credit card operations. Discover, the fourth largest debit and credit card network, will be spun off and shares would be distributed to the investment banks shareholders.
Based on the available information, Discover has 50 million cardholders under its name, which is ranked fourth behind Visa, Master Card and […]

The Wallet Phone May Be Newest Payment Option!

Friday, March 23rd, 2007

Frank Hernandez usually doesn’t carry a wallet when he strolls through Discover Financial Services’ sprawling headquarters in north suburban Riverwoods, Ill.
Even when he recently stopped at a canteen to buy a morning snack - Gatorade and a rice crispy bar - there was no wallet in sight. No cash or plastic either. He used his […]

Protect Yourself From RFID Privacy Concerns!

Thursday, March 22nd, 2007

When it comes to RFID and potential consumer privacy concerns, entrepreneurs are already jumping into the fray.
We have had several posts on the topic of RFID and I just happened to come across a very interesting product. The enterprising group at Smart Tools has a product called the RFID Shield, which consumers can buy to put around […]