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Recent Credit Card Company News:
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The regional cards utility will provide banks and other credit providers with access to the technology and business systems under a shared service model. It will allow financial institutions to transform payment card services and re-engineer back office processes without the normal associated risks.
A man and woman accused of charging $10,000 to an elderly Mission man's credit cards in December 2006 are scheduled to face trial next week for credit card abuse.
Comptroller of the Currency John C. Dugan said today that consumers should be given the opportunity to "opt out" of certain credit card rate increases and be given the alternative of paying off the card balance at the old rate.
A consumer advocacy group on Thursday released a study alleging credit card companies use arbitration firms that they know will rarely rule in favor of consumers.
QNB has named the six winners of the latest draw of its MasterCard credit card promotion which won them a latest Presario F550 Laptop each. The winners are: Chandrasekharan Gopakumar, Ayman al-Kahlout, Alias Sohail Hamed, Abdul Wahed al-Sumaiti, Sahen al-Sulaiti and Ahmed al-Sulaiti.
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