First Data inks Barclaycard processing deal (Finextra)
US-based First Data has won a significant contract to provide credit card and loans processing services to Barclaycard. Financial terms of the deal were not released.
Alliance Data to Buy CPC in M Deal (AP via Yahoo! Finance)
Alliance Data Systems Corp., a private-label credit card services provider, said Thursday its Epsilon unit agreed to buy CPC Associates Inc., a marketing data services provider, in a million cash deal.
Debit cards curbing South Korea’s appetite for credit (Manila Bulletin)
SEOUL, Sept. 21 (Reuters) — Lured by tax breaks, South Koreans are switching to debit cards, while regulators try to stave off another credit-fuelled bubble — moves that may dampen local banks’ efforts to drum up credit card business.
How to deal with a maniac at your table (The Courier News)
Of all the e-mails that I've ever received, the one question I'm asked most often is, "How do I deal with a maniac who is playing every hand?" Well, before I can answer that question properly, I need more information on the type of maniac you are dealing with.
Card lenders issue new paper (FT.com via Yahoo! News)
The dire predicament of UK consumers who have over-borrowed has forced some credit card lenders to take drastic action to protect important sources of funding in the capital markets.