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Carnival Corporation Sets Sail With Bank of America for Corporate Credit Card Program (PR Newswire via Yahoo! Finance)
Bank of America today announced that Carnival Corporation, one of the largest global cruise companies, has chosen Bank of America to operate its North American corporate credit card program.
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China Postal Savings Bank signs credit card processing deal with CUP Data (Finextra)
China Postal Savings Bank has inked a multi-year credit card processing deal with China UnionPay Data Services (CUP Data).
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QNB announces a new campaign 'Everyone Is A Winner' for its credit card customers (AME Info)
Qatar National Bank (QNB) announced the launch of its campaign 'Everyone is A Winner' for QNB Credit Card holders.
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HSBC credit card holders win 1,000 tickets to Mamma Mia! (The Star)
PETALING JAYA: About 400 HSBC Bank Malaysia Berhad credit card holders have won free tickets to the smash hit musical Mamma Mia! after they spent at least RM3,000 using their cards.
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BMI Bank, Geant Hypermarket unveil new cobranded credit card (AME Info)
Bahrain-based BMI Bank (BMI) and Geant Hypermarket today unveiled their new co-branded credit card 'La Carte' that offers customers a range of benefits including a loyalty program with rewards, low monthly interest rate, no annual fees, competitive rates on foreign spend as well as a 50 day interest free period on all retail purchases with exclusive discounts and special offers.
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Credit-card industry may cut $2 trillion lines: analyst (Reuters via Yahoo! News)
The U.S. credit-card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said.
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CUP Data Signs Credit Processing Agreement with China Postal Savings Bank (Centre Daily Times)
TSYS today announced that China UnionPay Data Services Co., Ltd. (“CUP Data”), TSYS’ joint venture with China UnionPay, has signed a credit card processing agreement with China Postal Savings Bank, China’s fifth largest lender.
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Credit card companies quick to raise rates, fees (Atlanta Journal-Constitution)
Greg Fischer was already fed up with Bank of America for doubling his credit card's interest rate to 28.99 percent — the price for being a couple of weeks late with a payment in April. What sent him over the top, he said, was the bank's decision to rule his September payment late, too. He paid on the due date on the bank's Web site. But he paid at 4:10 p.m. — past a 3:30 cutoff that Fischer said ...
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CUP Data Signs Credit Processing Agreement with China Postal Savings Bank (Business Wire via Yahoo! Finance)
COLUMBUS, Ga.----TSYS today announced that China UnionPay Data Services Co., Ltd. , TSYS’ joint venture with China UnionPay, has signed a credit card processing agreement with China Postal Savings Bank, China’s fifth largest lender.
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Charge card industry cutting consumers’ lines of credit (The Citizens' Voice)
Credit card companies are slashing credit lines, closing accounts and hiking interest rates in an effort to stave off expected consumer defaults on their bills.
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