Tag Archives: Consumer credit

Tuesday, April 15, 2014

CMBC, AmEx launch multi-currency credit card for customers abroad

China Minsheng Bank

China Minsheng Bank and American Express announced last week the launch of the CMBC American Express Multi Currency Platinum credit card, the first single network card product to be offered on the AmEx network in China. The new product, which … Read More…

Monday, April 14, 2014

SECURE Act would protect consumers from inaccurate credit reports

Credit Report

Sens. Sherrod Brown (D-Ohio) and Brian Schatz (D-Hawaii) unveiled major legislation – the Stop Errors in Credit Use and Reporting Act – on Wednesday that would protect consumers from inaccurate credit reports and credit scores. “Errors in a credit report … Read More…

Friday, April 11, 2014

MasterCard grows European contactless footprint


MasterCard announced on Tuesday that it grew its European contactless footprint during 2013 to reach 34 countries, including seven new ones. MasterCard, which boasts contactless availability in 63 nations worldwide, added Azerbaijan, Finland, Ireland, Macedonia, Moldova, Montenegro and the Netherlands … Read More…

Tuesday, April 1, 2014

MasterCard urges EU to exclude commercial cards from regulation


MasterCard called on members of European Parliament on Tuesday to exclude commercial cards from draft legislation regarding interchange, or swipe, fees ahead of a vote on the measure. Commercial cards, which were not considered in the original interchange fee proposal, … Read More…

Friday, March 28, 2014

TSYS to provide card processing for Virgin Money’s credit card business


TSYS announced on Thursday a long-term agreement to provide consumer credit processing services and value-added capabilities for U.K.-based Virgin Money customers. Virgin Money, a retail bank that provides credit cards, mortgages, pensions and savings, plans to launch its own credit … Read More…

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