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How A Credit Card Works?

Has it ever occurred to you how a credit card works and what is its role in your fiscal health? Now-a-days everyone depends on digital cash technology to compare these cards and keep credit or debit cards which are prominently used by one and all to carry out daily transactions.
How A Credit Card Works?
It [...]

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Green Dot Earnings Call: A Prepaid Card Tutorial

On August 12, 2010, Green Dot Corporation (NYSE:GDOT) had its first earnings conference call. The conference call, of course, included lots of discussion about Green Dot’s second quarter 2010 earnings and outlook. The call also included some excellent information about the prepaid debit card industry. Analysts, investors and others who are interested [...]

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Hey FDIC: Many Prepaid Debit Cards Already Meet Your Needs

Yesterday, the FDIC issued a press release announcing they are embarking on a pilot program to evaluate the feasibility of insured depository institutions offering safe, low-cost transactional and savings accounts. The FDIC wants banks to participate in the program to offer electronic deposit accounts with certain product features. We applied the FDIC’s [...]

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Credit Card Use–Line of Credit Increasingly Used Online

Credit Card Use Online
Later today, the chairman of comScore, Gian Fulgoni, is due to talk about his company’s most recent research, which reveals new credit card trends. It shows the very rapid rate at which e-commerce is growing in America, and–appropriately–Mr. Fulgoni will use a webinar (an online seminar) to explore its findings.
A large [...]

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Credit card interest rates for Aug. 12, 2010

Here are the average credit card rates from Bankrate’s weekly survey of large banks and thrifts.
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Winners if Gambling Law Passes: Casinos, Taxpayers and Prepaid Debit Card Companies

It’s only been a few weeks since the delay in enforcing provisions of the Unlawful Internet Gambling Enforcement Act of 2006 was lifted, and prepaid debit card issuers (such as NetSpend, and others) shut off the ability for U.S. gamers to fund their gambling accounts at Internet poker rooms. If HR 2267 succeeds, [...]

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Credit card transactions up 16 per cent in Q1

Credit card transactions during the same quarter of 2008-09 were at Rs 14,611.66 crore, according to figures released by the Reserve Bank of India on Wednesday.
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