CREDIT CARD BUSINESS OPPORTUNITY
$9 fee just for paying credit card bill online San Francisco Chronicle Look beneath the hood of your typical credit card and you'll find unexpected fees -- and, sometimes, more. Our story today begins with Foster City resident Harvey Silverman, who wanted his teenage son to develop good financial habits. So he shopped Banks to Allow E-Bill Pay Customers to Pay With Cards Debit and credit cards will become the new option on some banks' Finance Technology Network The growing popularity of online bill payment services presents a revenue opportunity for banks, according to Gwenn Bezard, research director of Boston-based Aite Group . While most banks offer basic online bill pay to customers free of charge, some banks will begin to charge for new expedited payment options, including credit card and debit card payments, Bezard predicts. Business Insight The Salt Lake Tribune Kirk Herath, chief privacy officer for Nationwide Insurance How much of a problem is ID theft around the holidays? With increased shopping and credit card use, the holiday season presents a prime opportunity for identity thieves to steal consumers' financial information. The more consumers buy, the more often their financial information is a risk. Barclays plans credit card foray rediff.com Barclays Plc, UK's third-largest bank by assets, plans to enter the emerging credit card market in India. Retailer credit card due in 2009 The Australian DAVID Jones has said it does not expect to launch a general credit card, as part of plans to expand further into financial services, until about fiscal 2009. Personal Tech Is a Part of Business – Get On With It Small Biz Pipeline The benefits of our increasingly connected and mobile world outweigh the annoyances. (Now I'm ducking for cover. The last time I wrote something like that, I was pelted with letters from people telling me to 'get a life.') CIOs Uncensored: Personal Tech Is A Part Of Business--Get On With It InformationWeek This Consumer Effect isn't slowing by any measure. With Web 2.0 initiatives coming fast and furious, it's only just beginning. Alliance targets SMEs with new card The Star Online Consumer banking group head Liew Swee Lin said the bank would be aggressively marketing the credit to its existing base of over 40,000 SME customers. “Given our good track record with SMEs, we are confident that the card will be well received by our existing SME customers. US government terror ratings draw outrage Sify News A leader of the new Democratic Congress, business travellers and privacy advocates expressed outrage Friday over the unannounced assignment of terrorism risk assessments of American international travellers by a computerised system managed from an unmarked, two-story brick building in Northern Virginia. IT Confidential: Turn On Your Virtual Red Light InformationWeek Where a trip to a virtual world gets blocked, but the author gets a lesson in Internet business models
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