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BNET Business Dictionary
- Credit Card
- a card issued by a bank or financial institution and accepted by a merchant in payment for a transaction for which the cardholder must subsequently reimburse the issuer
- Credit Card definition on BNET »
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- WAL-MART MAY ISSUE CREDIT CARDS IN CHINA A
- AsiaInfo Services 06-30-2006 Wal-Mart May Issue Credit Cards in China SHENZHEN, Jun 30, 2006 SinoCast via COMTEX -- Wal-Mart, the largest retailer around the world, will likely join forces with GE Money and Shenzhen Development Bank to issue AsiaInfo...
- Research articles 2006-06-30
- Visa urges retailers to review security measures.
- Nov 05, 2006 (Inside Retailing - ABIX via COMTEX) -- Latest research suggests that credit card fraud is actually on the decline in Australia and in the Asia-Pacific region in general. However, despite this, Visa is still urging retailers to be vigil Nov 05, 2006...
- Research articles 2006-11-05
- CIRCUIT CITY TO SELL CREDIT BUSINESS TO BANK ONE.(Brief Article)
- NEW YORK-Electronics retailer Circuit City said it was selling its private-label credit card business to Bank One for $1.8 billion in cash. In November, the retailer sold a portion of its bankcard business to FleetBoston for $1.3 billion. Selling the NEW YORK-Electronics retailer Circuit City said...
- Research articles 2004-01-26
- Moody's: retailers' credit cards damage.(Brief Article)
- NEW YORK -- Moody's Investors Service last week said major retailers with private-label credit card operations are seeing the quality of their credit portfolios deteriorate. NEW YORK -- Moody's Investors Service last week said major retailers with private-label credit card operations are seeing the ...
- Research articles 1998-02-23
- Royal Ahold, a Dutch retailer, sold its Brazilian chain Bompreco to U.S. retailer Wal-Mart, and sold its Brazilian credit card operation Hipercard to local bank Unibanco
- ROYAL AHOLD, a Dutch retailer, sold its Brazilian chain Bompreco to U.S. retailer Wal-Mart, and sold its Brazilian credit card operation Hipercard to local bank Unibanco. Ahold said the combined value of these operations came to US$500 million. Wal-Mart posted 2003 sales of $654 million in Brazil.
- Research articles 2004-05-01
- Visa shines up credit card offer.(Brief article)
- Wooing small ticket retailers such as video stores, Visa is no longer requiring payment signatures on purchases less than $25. And the credit card company is lowering by 20% its service fees to retailers for transactions $15 or less. In 2005,...
- Research articles 2006-05-01
- SiVault Systems and Hypercom Team to Help Retailers Combat Credit Card Fraud; Joint Solution Features SiVault's Signature-Based Payment Solution and Hypercom's Optimum L4100 Terminals
- SAN JOSE, Calif. & PHOENIX -- SiVault Systems, Inc. (OTCBB: SVTL.OB) and Hypercom Corporation (NYSE: HYC) announced today a joint solution to help retailers reduce credit card fraud, identity theft and the cost of researching payment disputes. SiVault's new SiPay and SiPay Mobile signature authentication and transaction storage services running...
- Research articles 2005-06-02
- Charge causes big loss at Sears.
- HOFFMAN ESTATES, ILL. -- Hit by a one-time accounting charge of $839 million tied to pension benefits Sears, Roebuck and Co. recorded a first quarter loss of $859 million. Even without the special charge, the retailer would have posted a $20...
- Research articles 2004-04-26
- eBay Inc. Q1 2009 Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions Your first question comes from Scott Devitt – Morgan Stanley. Scott Devitt – Morgan Stanley Two please. The first one related to the $500.0 billion liquidation opportunity. EBay has always been a pretty healthy marketplace for excess and liquidation goods so I was just...
- Earnings calls 2009-04-22
- eLayaway Offers New Solution to Sluggish Retail Sales
- Remember layaway? If your mom couldn't afford something, she put 10 percent down and paid a few bucks a week through the layaway window until the item was paid off and she could bring it home. Now it's coming back as retailers and shoppers alike question the...
- Blog posts 2008-05-06
- Credit Card Issuers Kicked Around on Capitol Hill
- The Antitrust Task Force of the House Judiciary Committee held hearings this week on legislation that sheds a little light on the interchange and transaction fees merchants pay to accept credit cards -- and the underlying cost of our national obsession with plastic. The Credit Card Fair...
- Blog posts 2008-05-16
- Guys Driving Around Stole 41 Million Credit Card Numbers
- If you're like me, you are not exactly breathing a sigh of relief at yesterday's news that the 11 people charged with stealing 41 million credit card numbers from major retailers did so by driving around with a laptop looking for wireless connections. It was just that easy. by Lisa...
- Blog posts 2008-08-06
- Ackman's Target Nominees Could Execute His Plans Expertly
- The SEC filing quotes Ackman as saying that Pershing Square “has had no previous business relationships with these nominees.†However, it’s hard to believe that he doesn’t know where they stand in relation to his Target plans. by Mike Duff
- Blog posts 2009-03-17
- California Pension Plans Backs Target Management, Ackman Gaffes
- Target Corp. management got a vote of confidence from a major investor as the California Public Employees’ Retirement System posted its proxy vote on the organization website, even as William Ackman and the candidates he backs for the retailer’s board went back on the attack with some enthusiasm and one...
- Blog posts 2009-05-25
- COURT DATE SET FOR WAL-MART, CREDIT CARD COS.(Brief Article)
- NEW YORK-A lawsuit involving retailers including Wal-Mart, Sears and other retailers against Visa and MasterCard is scheduled to go to court on Nov. 27 in U.S. District Court in Brooklyn. NEW YORK-A lawsuit involving retailers including Wal-Mart, Sears and other retailers against Visa...
- Research articles 2000-01-31
- Luxury credit card.(SUPPLIERS)
- GE Money, Kettering, Ohio, has developed a luxury credit card program specifically for luxury purchases such as jewelry. Retailers receive 100 percent funding within 48 hours, there is no set-up fee, and dealers get free, in-store ... GE Money, Kettering, Ohio, has developed a...
- Research articles 2006-08-01
Additional Resources
- WHAT A CARD; NORDSTROM'S UPDATED PRIVATE-LABEL CREDIT CARD OFFERS CONSUMERS A POINTS-BASED REWARDS PROGRAM.(Brief Article)
- Long revered as the gold standard in customer service, retail chain Nordstrom is looking to extend its reputation to financial services through the company's private-label credit card and its new savings bank. Long revered as the gold standard in customer service, retail chain...
- Research articles 2000-05-22
- Ticketmaster to Accept Major Credit Cards at Retail Ticket Centers Throughout the U.S.; Ticketmaster Selects Chase Merchant Services to Provide Credit Card Transaction Processing
- LOS ANGELES--ENTERTAINMENT WIRE--Jan. 21, 1999--Ticketmaster, a USA company (Nasdaq:USAI) has begun its rollout of accepting MasterCard, Visa and Discover at retail Ticket Center locations throughout the U.S. and has selected Chase Merchant Services to provide credit card processing for all credit card transactions. Under the long-term agreement, Chase Merchant Services...
- Research articles 1999-01-21
- Method used by hacker who stole 130m credit card IDs common, experts say
- US companies and law enforcement agencies face questions over security after biggest credit card scam in historyMajor US companies and law enforcement agencies are facing fresh questions today about the ease with which hackers can penetrate their defences and make off with vital data about consumers following the arrest and...
- News items 2009-08-18
- Sears' new challenge: spinning retail gold; Credit card sale puts focus on Lacy's big-box plan.(News)(Sears, Roebuck and Co. sells credit card business to Citigroup Inc.)
- Byline: SANDRA JONES When Sears, Roebuck and Co. wraps up the sale of its credit card business to Citigroup Inc. later this year, the shrinking company will be relying solely on its chain of stores for the first time in its 110-year history. ...
- Research articles 2003-07-21
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