| Credit card scam warning
This one is pretty slick since they provide Y O U with all the information, except the one piece they want. Note, the callers do not ask for your card number; they already have it. This information is worth reading. By understanding how the VISA & MasterCard Telephone Credit Card Scam works, you'll be better prepared to protect yourself. One of our employees was called on Wednesday from “VISA", and I was called on Thursday from “MasterCard". The scam works like this: Person calling says, “This is (name), and I'm calling from the Security and Fraud Department at VISA. My badge number is 12460. Your card has been flagged for an unusual purchase pattern, and I'm calling to verify. This would be on your VISA card which was issued by (name of bank) did you purchase an Anti-Telemarketing Device for £497.99 from a Marketing company based in London?" When you say “No", the caller continues with, “Then we will be issuing a credit to your account.
Bank of America Card Services Executive Struthers to Present at Credit ...
CHARLOTTE, N.C., Feb. 1 /PRNewswire/ -- Bank of America North America Card Services Executive Ric Struthers will participate in the Credit Suisse Financial Services Forum on Thursday, February 7, 2008 at 2:45 p.m. EST in Naples, Florida. The live webcast and presentation will be accessible through the Bank of America Investor Relations Web site at http://investor.bankofamerica.com. Bank of America Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving more than 59 million consumer and small business relationships with more than 6,100 retail banking offices, nearly 19,000 ATMs and award-winning online banking with nearly 24 million active users.
New Mobile Phone Technology from Secure Identity Systems Stops Card ...
A new Israeli technology brought to the U.S. by Secure Identity Systems (SIS) thwarts credit and debit card fraud, and potentially stops ID thieves in the act. This in turn helps banks better protect customers, stem losses due to fraud, and attract new depositors with free identity protection services. The technology, dubbed mConfirm, uses any mobile phone to .
Decline in US service industries heightens recession fears, sparks ...
US stock markets plunged Tuesday following the release of a report showing a sharp contraction in service sector business activity in January. All three major stock indexes were in negative territory throughout the trading session and closed at or near their lows for the day. The Dow Jones Industrial Average fell 370.03 points, a decline of 2.93 percent; the Nasdaq Composite Index lost 73.28 points, or 3.08 percent, to reach a 52-week low; and the Standard & Poors 500 Index plunged 44.18 points, or 3.20 percent. Tuesdays fall followed major declines on Monday, precipitated by analyst downgrades of banks and credit card issuers and a survey by the Federal Reserve Board showing that banks are tightening their lending standards for both consumers and businesses, even beyond real estate loans, and corporate demand for credit is weakening.
Egg, Citigroup could face probe over credit card claims - report
LONDON, Feb. 11, 2008 (Thomson Financial delivered by Newstex) -- Egg and its owner Citigroup (NYSE:C) Inc could face an investigation over allegations that the UK internet bank cancelled credit cards because holders consistently paid up in time, according to a report. The UK's Financial Services Authority has referred a British lawmaker's complaint about the issue to the Office of Fair Trading, The Guardian reported. Last month, Egg said it planned to end the customer agreements of a proportion of its credit card portfolio. It said the 161,000 card holders affected had a 'higher than acceptable risk profile', according to The Guardian. However, many of those said they paid their bills in full every month, never went over their limit and had excellent credit ratings. Egg denies the claims alleging that it made the move because the customers were not making it enough money, the newspaper said.
Understanding Your Rights When Debt Collectors Call
For 2005, collection agencies ranked No. 6 on the BBB's list -- with more complaints than banks, phone companies, credit card issuers and auto repair businesses. The matter has become so bad that on Oct. 10, 2007, the U.S. House of Representatives passed a bill to end private collection of U.S. tax debts, citing the abusive tactics collectors sometimes use and the fact that government employees will be both cheaper and easier to rein in. According to the National Consumer Law Center, 97 percent to 98 percent of consumers pay bills on time. But those among the 2 percent to 3 percent who fall behind -- or people wrongly accused of owing payments -- can suffer from constant calls from debt collectors. Since 1977, the United States has enforced the Fair Debt Collection Practices Act (FDCPA) to protect consumers from shady debt collection tactics.
Kerry's drowning in debt
WAYWARD Kerry Katona is on the brink of going bust after blowing a fortune on cocaine, booze, partying and flash cars. Despite being on TV EVERY night in Iceland's I'm A Celebrity ads, the hard-up star is drowning in a tsunami of debt. The taxman alone wants 200,000 by the end of the year and if she can't find the money she's facing bankruptcy. In desperation Kerry and her husband, former drug dealer Mark Croft, have now hired a team of professional insolvency advisers to help them DODGE bankruptcy court, AVOID paying the huge sum, and DUCK 60,000 of loans and credit card bills. But the experts fear that is just the tip of the iceberg and the true total of the former Atomic Kitten's debts could top 1MILLION. Even with the Inland Revenue off her back, Kerryexpecting her fourth childcould STILL be made bankrupt by other creditors and lose her 1.2m home and fleet of luxury cars.
Wickes Furniture gives up hope of reorganizing
It appears the 20 Wickes Furniture stores in the Chicago area may have a short future. The Wheeling-based Wickes Furniture Co. announced Tuesday it has abandoned hopes of reorganization and agreed to put itself on the bankruptcy auction block before the end of the month, according to court papers. Citing ''operating losses and liquidity concerns,'' Wickes said Monday it would seek bankruptcy court approval to sell all its assets by Feb. 29. The company said it would be sold either as an operating business or piecemeal in a liquidation. Wickes Furniture stores are currently selling merchandise in the store and in the warehouse, but taking only credit-card payments. Back orders may be subject to a refund. Merchandise was still being delivered and serviced on Tuesday, a service representative said.
Bank robber faces dangerous offender label
The Crown will proceed with a dangerous offender application against a serial bank robber who stole from institutions across Canada. The story you are searching for is available in its entirety via email, fax or mail for $12.00 (plus GST), payable with credit card (include expiry date). Just call the Sun Media News Research Centre at 416-947-2258 or toll free at 1-877-624-1463 with information about the story and supply the following: Name of credit card, number and expiry date on card Your name, mailing address and phone number (we will mail or fax you a receipt). E-mail address or fax number. Cheques or money orders can be mailed with your request to: Sun Media Research Centre 333 King Street East Toronto, Ontario M5A 3X5 Canada Other research services available are: $75.00 (plus GST) for up to ten articles on any one topic.
Hang Seng Bank Selects VeriFone Contactless Solutions
SAN JOSE, Calif. - (Business Wire) VeriFone Holdings, Inc. (NYSE: PAY) today announced it has been selected by Hang Seng Bank of Hong Kong to provide contactless payment solutions in support of the enJoy Card rollout. The Hang Seng enJoy Card is a co-branded credit card with retailer Jardine Matheson and the first credit card in Hong Kong to use the Visa payWave contactless payment technology, allowing cardholders to enjoy the convenience of fast and secure payments. VeriFone will supply the EMV-certified QX110 contactless reader and NURIT payment systems for use at merchant sites in the Jardine Matheson Group. "With the broadest product line of contactless solutions, VeriFone is well positioned to support this and other projects where contactless is being implemented throughout the region," said William C.
Postal Service Feels Weight Of 'Junk Mail'
The souring economy and changing lifestyles are dramatically affecting one of the most dependable institutions in American life: the U.S. Postal Service. Troubled banks are mailing fewer credit card offers. Declining new-home sales mean vacant houses sitting with empty mailboxes. And as consumers switch to paying bills online, first-class mailings are drying up. .
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