* World Business Quick Take Nov 7, 2009
Brian Moynihan, head of the banks consumer and small business banking units, told investors that Bank of America was starting to see some stabilization in the credit card business, but challenges remained. In the third quarter, Charlotte, North Carolina-based Bank of America lost more than US$2. (Taipei Times, Taiwan -- World)
Hobson Advises College Students About Good Financial Practices Nov 7, 2009
Mellody Hobson: Credit History Is Affected by Much More Than Credit Card Payments ... Limit Number and Kinds of Credit Card ... Possessing a credit card may be important for in the student's name and for covering expenses in an emergency but it is easy for students, who generally aren't financially disciplined, to rack up a lot of debt with high interest rates if they get multiple cards. (ABC News -- Business)
Shooting suspect filed for bankruptcy Nov 7, 2009
He owed money for child support, rent, credit card, phone service, back taxes. Rodriguez said his monthly income was $890. (CNN)
Officials: Pentagon Probed Finances Nov 7, 2009
Whitman emphasized that although the FBI can compel banks, credit card companies and other private institutions to produce such records by issuing a National Security Letter, the military is authorized only to request that the institutions turn them over. The CIA has long had similar "noncompulsory" authority, although intelligence officials said that such requests are rare and tend to relate to espionage investigations of the CIA's own officials. (Yahoo News -- Privacy Issues)
RBS Has Quarterly Loss on $5.5 Billion Bad Loans, Credit-Market Writedowns Nov 7, 2009
This week, the 70 percent government-owned lender said it would sell its insurance assets, more than 300 U.K. branches, an investment banking division and a credit card payment unit to win EU approval for taxpayer aid. This will be a marathon and not a sprint, Chief Executive Officer said in a conference call with journalists today. (Bloomberg -- UK)
Nigeria: America Encourages Nigeria's Looting - Waziri Nov 7, 2009
"You are using credit card facilities, they bring cash and you see it and you look the other way and if your citizens buy homes with cash you would investigate. It could only be maybe he won a jackpot or somebody died and bequeathed him otherwise its mortgage which they pay. But this is what happens, an offshore account where they take our monies to and I was also told they have something called death tax so if one dies in the process they take a chunk of that money," she noted. Briefing newsmen... (allAfrica.com)
More of this story Nov 7, 2009
Timothy Dale Davis was arrested Thursday on five counts of possession of a credit card belonging to another, driving with a suspended license, speeding and possession of stolen property, according to a probable cause affidavit filed in the case ... Police say that during an inventory search of the vehicle, officers found a Luger 9mm World War 1 pistol that was loaded with seven rounds in the magazine and one in the chamber, as well as credit cards, driver s licenses and social security cards... (Bartlesville Examiner-Enterprise, OK)
Bishop: The woes of credit cards Nov 7, 2009
Credit cards are creepy ... I had seen what others, particularly college students had been through when using credit cards and I had no intention in falling into that bottomless pit ... Let me announce to the world, in case you didn t know it, that you re paying the vig to the credit card companies any time you re late with a payment. (Medfield Press, MA)
Worlds collide in The Magician & the Geisha Nov 7, 2009
You're probably used to typing your name, address and credit card number when you buy things online ... If you store a credit card number and shipping address with Amazon, you can elect to have that information represented by a short phrase and ID number ... Then you can enter that phrase and PIN instead of giving a credit card and address to buy things on Amazon and other Web sites that accept this PayPhrase system. (Fresno Bee)
You can handle debt issues better than agencies Nov 7, 2009
See today's average credit card rates across the country ... How it worksThe premise behind debt settlement firms is that they'll negotiate with lenders, usually credit card companies, to whittle down your balance. (MSNBC -- Business)
Letter: ‘Titans’ plunder families’ assets Nov 7, 2009
The advent of deregulation, wholesale outsourcing of American jobs, unfair tax policies favoring the rich, union demonization, and poor enforcement of consumer and environmental protection laws gave megacorporations, big banks, credit card companies, stock market gamblers and monolithic health care insurers free reign to plunder the American public's meager assets. These captains of industry give no thought to the devastating effects of their policies on millions of American families but care... (Appeal Democrat, CA)
Police & Fire Nov 7, 2009
At 11:52 a.m. Thursday, a woman reported an unauthorized credit card charge for $39. 55. (Juneau Empire)
Lions, radio station team up for winter clothing effort Nov 7, 2009
Donations of cash, or by check or credit card, are gratefully accepted. Your dollar, given locally, helps locally. (San Andreas Calaveras Enterprise, CA)
Cherry Creek North adds phone option to parking Nov 7, 2009
The six-month pay-by-phone program will allow motorists to simply call a toll-free number and charge the cost of parking to a credit card ... The kiosks allow motorists to pay for parking using tokens, coins or credit cards ... The new option lets drivers register their cell phone number, license plate and credit card number either at paybyphone. (Denver Business Journal, CO)
Sex ed gets another endorsement Nov 7, 2009
" "For a New Thrift: Confronting the Debt Culture" -- a recent report from the politically diverse Commission on Thrift -- blames debt not on personal failings but on the influence of "anti-thrift institutions," such as payday lenders, predatory credit card issuers and state-funded lotteries. The report makes moral judgments only of institutional venality and dishonesty, and recommends policy, not personal, change. Yet where it focuses on personal motivation, "New Thrift" becomes a Sunday school... (Salon)
Bruce Mandelblit: Beware of Travel Scams Nov 7, 2009
Use a credit card to purchase your trip. If you don't get what you paid for, you may be able to dispute the charges with your credit card company ... Sometimes, a "free trial" membership can result in unauthorized charges on your credit card. (Newsmax)
Orlando Shooting Suspect Blamed Former Employer For Financial WoesJason Rodriguez was fired in 2007, filed for bankruptcy in 2009. Nov 7, 2009
He also owes $11,085 in child support payments, almost $1,500 in back rent and several hundred dollars in medical, cell phone and credit card bills. 1. (ABC News)
Fans Throughout NYC Celebrate Yankees' Title Nov 7, 2009
Gabriel Ortega, 28, a credit card executive from San Diego, called it "an extraordinary game; it's keeping us on our toes.". "We love Matsui," said Ortega. (CBS News)
U.S. Homeland chief defends $10 travel fee Nov 7, 2009
Visitors already have to provide fingerprints to U.S. border guards when entering the country, and airlines they use forward data, including passenger names, addresses, seat numbers, credit card information and travel details. EU lawmakers are angry because Americans visiting European countries such as France, Germany and Italy face no such fees or online checks. (MSNBC -- Travel)
RBS clocks up $6b loss for bad debts Nov 7, 2009
This week, the 70 per cent government-owned lender said it would sell its insurance assets, more than 300 U.K. branches, an investment banking division and a credit card payment unit to win EU approval for taxpayer aid. This will be a marathon and not a sprint,'' Chief Executive Officer Stephen Hester said in a conference call with journalists today. (Sydney Morning Herald -- Business)
Alliance Data Systems plans move to Plano Nov 7, 2009
Private-label credit card operator will move its corporate headquarters into a new office building along the Dallas North Tollway in Plano ... Alliance provides private-label credit card programs, consumer database marketing and analytics, and customer loyalty consulting and services, including operating reward-points programs. (Dallas Business Journal, TX)
J.C. Penney extends credit card deal Nov 7, 2009
for free extra services. Friday, November 6, 2009, 2:46pm CST. (Dallas Business Journal, TX)
Citi to spin off Primerica Nov 7, 2009
Citi has been among the hardest hit major banks in the United States, as its credit card, consumer loans and investments businesses have soured. Today's announcement represents an important step in simplifying our organization and demonstrates our continued success in finding solutions for Citi Holdings, our non-core businesses, said Michael Corbat, CEO of Citi Holdings, in a news release. (San Jose Business Journal, CA)
Burgers paid for by mobile phone Nov 7, 2009
In Japan, DoCoMo set up a service which allows customers to use their handsets as a credit card. By April there were around 3m wallet phones in Japan using a pre-paid credit system where users topped up their account, often via a website, before using their phone to pay for something. (Yahoo News -- Wireless Technology)
The Coppell Police Department responded to the following incidents Compiled by Jim Kilpatrick Nov 7, 2009
Known suspect used victims credit card and bank information. Oct. 29. (McKinney Courier-Gazette, TX)
Hasan Reportedly Felt U.S. Attacked Islam Nov 7, 2009
You also don't need a credit card or good credit to buy one. You can walk in any WalMart and buy one for about $25. (CBS News -- Health)
Sandy Springs blotter: Hookah heist follow-up Nov 7, 2009
700 block of Hammond Drive: A man reported someone obtained his credit card number and used it for $400 on Overstock. com. (Atlanta Journal-Constitution -- Metro)
Japanese rape games invade Indian comps Nov 7, 2009
"We are an NGO with no criminal jurisdiction. We mostly deal with online credit card frauds and cyber crime, but now we think we need to look at online safety from the angle of such offensive games too. In fact, this was in the agenda of a meeting of the society on October 23," says society secretary V Rajendran, who adds that the new IT Act which came into effect on October 27 has empowered the Computer Emergency Reaction Team- India (Cert-In) under the IT ministry to monitor and block... (India Times, India)
Money schemes result in 10 years plus probation Nov 7, 2009
Most of the charges of forgery, credit card fraud and theft resulted when Ms. Garner helped herself to possibly as much as $30,000 from the bank and credit card accounts of her employer, Ashmore Concrete Contractors. Most of the money was used to pay for Ms. Garner's wedding on Sept. 8, 2007, while she was still married to a Michigan man. (The Augusta Chronicle)
Play.com hit by ordering glitch Nov 7, 2009
Although there were no credit card details visible in the e-mails, Mr Hurley said all the messages had scrambled text at the bottom that could hide some information. "People are being told to shred documents and then you have a big company like Play.com sending out hundreds of wrong e-mails to their customers," he said. (BBC News -- Technology)
Continental Prison Systems, Inc. (CPSI) Signs Contract With Smith County, Texas Jail for EZ Card & Kiosk services Nov 6, 2009
The EZ Technology line-up, which will eventually take the Smith County Jail "Cashless," includes one EZ Booking kiosk in the downtown facility, which also performs the EZ Bail service, allowing inmates to bail themselves out using cash, credit card or debit card; and a second kiosk for EZ Money Load in the main lobby of the downtown jail, allowing friends and family to place money into the inmate's trust account, using cash, credit card or debit card. Both the EZ Money Load and EZ Bail services... (Primezone Releases)
FTC Red Flags Rules: How to create an identity theft prevention plan Nov 6, 2009
Businesses defined as "financial institutions" or "creditors" -- a broad group that includes banks of all sizes, most brokerage firms, credit card companies, mortgage lenders and even non-traditional lenders like utilities, car dealerships and healthcare providers -- need to be compliant with the Red Flags Rules ... This includes credit cards, mortgages, utilities and cell phone accounts. (Search Security, MA)
Little Elm police calls for Oct. 22 Oct. 28 compiled from information provided by the Little Elm Police Department. Nov 6, 2009
8:28 p.m. - Credit card or debit card abuse reported at 800 block of W. Eldorado Pkwy. Share this Article. (McKinney Courier-Gazette, TX)
POLICE REPORTS Oct. 15-22 Nov 6, 2009
4:45 p.m. 6000 block Hillcrest Road, credit card found and turned in at 7-11, 6311 Hillcrest Road, Frisco. 6:36 p.m. 12000 block FM 423, two females arrested for shoplifting hair care products. (McKinney Courier-Gazette, TX)
Productivity Up: Bad News for Job Seekers? Nov 6, 2009
The amount we pay in taxes today, at least the ones that actually pay taxes, the top 50% of wage earners will only be paying taxes to cover the interest on the debt and the debt will never be paid, much like a revolving credit card ... The amount we pay in taxes today, at least the ones that actually pay taxes, the top 50% of wage earners will only be paying taxes to cover the interest on the debt and the debt will never be paid, much like a revolving credit card. (CBS News)
Money schemes result in 10 years plus probation Nov 6, 2009
Most of the charges of forgery, credit card fraud and theft resulted when Ms. Garner helped herself to possibly as much as $30,000 from the bank and credit card accounts of her employer, Ashmore Concrete Contractors. Most of the money was used to pay for Ms. Garner's wedding on Sept. 8, 2007, while she was still married to a Michigan man. (The Augusta Chronicle)
Teen denies breaking windows worth $46,000 Nov 6, 2009
In Florida, Fravel is accused of racking up 30,562 in charges on a credit card that was stolen from a Michigan man's car in 2008. An 18-year-old Auburn resident who pleaded guilty to third-degree felony burglary was granted youthful offender status for stealing gas and other items from several garages and sheds last winter. (Auburn Citizen, NY)
Fans throughout NYC celebrate Yankees' title Nov 6, 2009
Gabriel Ortega, 28, a credit card executive from San Diego, called it "an extraordinary game; it's keeping us on our toes.". "We love Matsui," said Ortega. (WSVN-TV Miami, FL)
Danvers Police log, Oct. 26-Nov. 1 Nov 6, 2009
Danvers Police station: A walk-in reported credit card fraud, 4:26 p.m.. Orchard Lane Extension: Police spoke to erratic operator, 6:04 p.m.. (Danvers Herald, MA)
Logger hopes to be buzzsaw at World Series of Poker final table Nov 6, 2009
"If he walks out of the woods of western Maryland, where he's got no credit card and no cable and no online and no e-mail and no nothing, and gets eight and a half million dollars and then comes home, I just think it's another unbelievable, improbable story," poker analyst says. Yet things could change quickly in a field that also includes pro superstar. (USA Today -- Sports)
Metro: Computer Problem Costs $14 Million To Fix Nov 6, 2009
Search the District, Virginia and Maryland. (WUSA) -- A computer distributing power to Metro went down causing a laundry list of problems. (W-USA News, DC)
Wi-Fi in the sky Nov 6, 2009
You can sign up in advanceTo save hassles, create an account and register your credit card ahead of time at. This way, buying a session is just a click or two away as soon as you're above 10,000 feet the threshold for approved electronic devices. (MSNBC -- Travel)
Wakefield School Committee notes Nov 6, 2009
Credit Card Update: Connelly reviewed the Credit Card information he sent to the School Committee. He indicated he is working through the final details. (Wakefield Observer, MA)
Police log for the week of Nov. 5 Nov 6, 2009
1:30 p.m. Credit card fraud reported on Autumn Lane. 4:45 p.m. Officers went to Richardson Road for a well-being check. (Chelmsford Independent, MA)
Botti Trial Focuses On Cash; Deliberations Could Start Today Nov 6, 2009
He referred to testimony from a defense witness who said earlier in the week she once worked for a retailer that required large payments on credit card balances to be broken into multiple payments of less than $10,000. Dow also suggested Botti was arranging deposits to his father's bank account because he is a man who believes in taking care of his family. (FOX61, CT)
Citi files plans to spin off Primerica in IPO Nov 6, 2009
The bank, one of the hardest hit during the credit crisis and recession, has reported huge losses in the past two years as its investments and consumer loans and credit cards soured ... It has also sold some of its credit card assets. (Muscatine Journal, IO)
Are You Getting Scammed by Facebook Games? Nov 6, 2009
Through your toil, you earn virtual money, but to farm more efficiently or quickly, you can also invest real cash (through PayPal or a credit card) to buy virtual goods, such as seed or a tractor ... These offers, generally known in the business as "lead-gen" (lead-generators), will give you some seed/tractor money in return for signing up for, say, a subscription to Netflix or a credit card ... Will O'Brien, general manager of social and casual games at TrialPay, a company that matches... (Time.com)
Former Tyco chiefs jailed for $150m corporate theft Nov 6, 2009
Please activate cookies in order to turn autoplay off. Tuesday 20 September 2005 08. (Yahoo News -- Tyco)
Italian judge convicts 23 in CIA kidnap case Nov 6, 2009
Probably because they had clearance from Italian spymasters, the US operatives left a trail of mobile phone calls, credit card charges and photo identification documents. The evidence enabled an elite anti-terrorism unit of the Italian police to assemble a detailed case that became an anatomy of a rendition. (Sydney Morning Herald -- World)
Privacy Debacle Hall of Fame Nov 6, 2009
He was dismayed to that many of these drives had not had their memories properly wiped: One still contained data from its days in an ATM machine, and two were packed with credit card numbers. He bought several dozen more used hard drives, and found that overall only about 10 percent had had their memories adequately wiped. (Yahoo News -- Online Privacy)
ID theft scam hunt goes global Nov 6, 2009
As previously reported, a computer seized in the US contained personal data - including names, addresses, credit card information, and transaction records - from around 2,300 UK punters. Closer examination has revealed the details of at least 8,500 people in 60 countries were obtained through the scam. (Yahoo News -- Online Privacy)
Privacy Tips Nov 6, 2009
All it takes is a social security number for a thief to obtain credit cards, loans and other lines of credit in your name ... Protect yourself from identity theft by shredding credit card receipts, bills, pre-approved credit card applications and other sensitive documents before throwing them in the garbage ... This means your banks, credit card companies and other financial institutions are sending you their policies on privacy and information sharing. (Yahoo News -- Online Privacy)
The Anti-ID-Theft Bill That Isn't Nov 6, 2009
A criminal collects enough personal information about you to be able to impersonate you to banks, credit card companies, brokerage houses, etc. Posing as you, he steals your money, or takes a destructive joyride on your good credit. (Yahoo News -- Online Privacy)
Is the NSA spying on U.S. Internet traffic? Nov 6, 2009
"You can get people's e-mail, VoIP phone calls, [calls made over the Internet] -- even passwords and credit card transactions -- as long as you have the right software to decrypt that.". In theory, surveillance involving Internet communications can be executed legally under federal law. (Yahoo News -- Online Privacy)
When public and private collide Nov 6, 2009
Account names, real names and contact details, but not credit card information, were all visible. And the net's not the only place where personal details can leak out. (Yahoo News -- Online Privacy)
Applause For The SmartHand: Human-machine Interface Is Essential Link In Groundbreaking Prosthetic Hand Nov 6, 2009
25, 2008) It can hold a credit card, use a keyboard with the index finger, and lift a bag weighing up to 20 kg -- the world's first commercially available prosthetic hand that can move each finger separately. (Nov. (Science Daily)
PCMH board approves landscaping option Nov 6, 2009
approved a contract with Enablepay; the contract covers credit card transactions and is expected to save the hospital about 100 per month. approved a contract with Dr. Donald Carr DDS for dental services; the reworded contract calls for Carr to pay PCMH 250 per day in rent when he is at the hospital and specifies that the hospital will buy one dental chair and Carr will buy one dental chair; the contract will be forwarded to Carr for approval. (Fort Stockton Pioneer, TX)
Nader Offers Grand Vision Nov 6, 2009
For example, the Winsted-native believes that if a massive credit card membership group banded together, it could stop the credit card companies from charging exorbitant interest rates that often push well past the 30 percent mark. Unfortunately, such a movement has not occurred, and too many people remain deeply indebted to Visa, MasterCard and American Express. (Litchfield County Times, CT)
Cambridge Police: Incidents Oct. 26 - Nov. 1, 2009 Nov 6, 2009
9 incidents of identity, debit or credit card theft or fraud ... 3:25 p.m., a motor vehicle broken into on Follen Street, and $500 worth of Home Depot credit cards, an iPod and a GPS were stolen. (Cambridge Chronicle, MA)
Judge rejects Pendergrass mayor recall pet... Nov 6, 2009
The petitioners alleged city officials violated open government laws by failing to maintain the minutes of a meeting in July and failing to retain credit card receipts from 2007 and 2008. However Ott found that the recall committee did not set out specific facts to back up these allegations, according to his ruling. (Athens Banner-Herald)
Public safety Nov 6, 2009
Debra Noel Perry, 44, 1105 North Eighth Street, first-degree theft, fraudulent use of a credit card, second-degree theft, two counts identity theft; posted 10 percent of $22,500 bail. Booked in the. (Klamath Falls Herald & News, OR)
Hoyer Stresses Civil Rights at Law Center Nov 6, 2009
Hoyer said the Bush administration has overstepped its authority and impeded on civil liberties on numerous occasions in recent years, including permitting the Federal Bureau of Investigation access to a suspects phone, Internet, credit card and bank records without court approval, allowing detainees to be held at Guantanamo Bay by suspending the writ of habeas corpus and allowing Central Intelligence Agency agents to use severe physical and psychological tactics in interrogations. Hoyer... (The Hoya, Washington DC)
Officials: Pentagon Probed Finances Nov 6, 2009
Whitman emphasized that although the FBI can compel banks, credit card companies and other private institutions to produce such records by issuing a National Security Letter, the military is authorized only to request that the institutions turn them over. The CIA has long had similar "noncompulsory" authority, although intelligence officials said that such requests are rare and tend to relate to espionage investigations of the CIA's own officials. (Yahoo News -- Privacy Issues)
Top rating for four banks Nov 6, 2009
Even if banks were to absorb the RM50 charged on each credit card in circulation, which was tabled under Budget 2010, the impact was likely to be minimal, Promod said. He said banks in the country were stronger post-Asian financial crisis, with broadly skillful human capital, sufficient products and resources for risk management and firmer capitalisation to handle any surprises. (The Star Online, Malaysia -- Business)
Indiana premiere performed at BHS Nov 6, 2009
They also are available on-line with a credit card at. Reader Comments. (Hartford City News-Times, IN)