Author: UniBul

In the Payment Card Industry, factoring occurs when a merchant deposits card transactions with its processing bank on behalf of another merchant....

As the Federal Reserve is mulling the new rules on debit card fees, which it was tasked to create, issuers are bracing for lower profits....

Americans are turning away from their credit cards in ever increasing numbers, replacing them with cash, checks, debit, prepaid and gift cards....

Access to credit is still very difficult for most Americans and lenders are likely to keep it short of demand through the end of 2010....

Ticket retrievals are initiated by cardholders who contact Discover to dispute or requests clarification on a particular charge on their accounts....