IBC to Convert Portfolio to Visa Debit Products and Move Processing Services to Visa
SAN FRANCISCO & LAREDO, Texas — IBC Bank, a member of International Bancshares Corporation, and Visa Inc. today announced that the companies have signed a five-year partnership agreement that will result in IBC converting its entire debit portfolio to Visa-branded products. IBC […]

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Written by Rebecca L. Sandlin, […]

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Why Using Debit Cards May Be Costing You Americans pull out their debit cards for purchases almost as frequently as they take out cash, but hidden fees and security issues could outweigh the convenience.
In 1995, 60 percent of people used cash for purchases, while only 2 percent used debit cards (or check cards) and 8 […]

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01/19/08 09:37 Age: 3 hrsBY: WORLD REPORT
KIMBERLY PALMER
Credit card debt is rampant on college campuses, right? Maybe not. Recent survey data suggest that students’ credit usage has declined over the past decade, along with average credit card debt. Possible reasons include better education, greater use of debit cards, and the shifting of debt to student […]

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BY JENNIFER JACOBS
REGISTER STAFF WRITER
Every time a grocery shopper uses a food stamp debit card in an Iowa supermarket, the state’s taxpayers fork over more money for the transaction than anywhere else in the country.
The Iowa tab for taxpayers: $1 million a year.
“It’s a waste of tax dollars,” said Roger Munns, […]

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SAN ANTONIO — Payment Data System, Inc. (OTCBB:PYDS) today announced that it has completed the sale of selected patents and patent applications to PCT Software Data, LLC for net proceeds of approximately $750,000. The patents and patent applications sold relate to bill payments made with debit and stored value cards.

 
Payment Data Systems, […]

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NEW YORK–(BUSINESS WIRE)–
Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that the Company has appointed Mr Jack Chang as a Consultant to the Company with immediate effect. Mr Chang has entered into a five year contract with the Company, a copy of which is being filed shortly; on a Form 8-K with […]

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Partnership saves time and money for FSV’s payroll debit cardholders
 
HOUSTON–(BUSINESS WIRE)–FSV Payment Systems Inc., a leading provider of stored value processing and prepaid card solutions, and MiCash Inc., an innovative licensed […]

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By JANE J. KIM
January 16, 2008; Page D9
Banks are offering bonuses to get customers to make deposits to their savings accounts more often.
Wachovia Corp. this month began offering a savings account, dubbed Way2Save, that pays a 5% annual yield for the first year, plus an additional 5% annual bonus on the account balance at the end of […]

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Sweepstakes Winner Gets Ten Times Value of Tax Refund

CINCINNATI, OH (September 24, 2007) UniRush Financial Services, the financial services company co-founded by media and business mogul Russell Simmons, has announced that Cynthia Williams, a cardholder of the company’s popular BabyPhat Prepaid Visa RushCard, has won the Visa National Tax Time Promotion. Created by Visa during […]

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