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hf-implode.com - 5/14/2009
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" The stress tests are done. The results were so-so. Financials are up.
Unfortunately, foreclosures are still climbing, credit card defaults are growing and could out-pace unemployment, and no one knows how to value toxic assets.
But the bank crisis has been solved! "
nytimes.com - 5/14/2009
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nytimes.com —
What Does Your Credit-Card Company Know About You?
(more)
What Does Your Credit-Card Company Know About You?
cnbc.com - 5/15/2009
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cnbc.com —
U.S. credit card defaults rose in April to
record highs, with Citigroup and Wells Fargo posting double...
digit loss rates, as the recession slashed more than 2 million jobs since the beginning of the year. "U.S. card credit quality continues to ...
(more)
Credit Card Defaults Reach Record Highs in April - ...
news.bbc.co.uk - 5/13/2009
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news.bbc.co.uk —
A credit card with a built-in display is
being tested by Visa with the aim of reducing...
online fraud. The Emue Card generates and displays a unique code each time it is used. Developers say that the new technology would make it very hard for ...
(more)
BBC NEWS | Technology | Credit card code to combat fraud
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