Recently added articles from Cardline:
FITCH: OCTOBER CHARGE-OFFS DOWN, DELINQUENCIES UP.(News)
Nov 06, 2009 ... U.S. credit card performance in October was mixed as consumers continue to endure high unemployment rates and a lack of credit availability, according to Fitch Ratings' Prime Credit Card Index results released last week. Charge-offs on prime credit card portfolios fell to 10.75% of ...
CARDTRONICS SIGNS SECOND DEAL WITH A PUERTO RICO RETAILER.(News)
Nov 06, 2009 ... Cardtronics Inc., a Houston-based independent sales organization, has reached an agreement to deploy ATMs in a Puerto Rico-based supermarket chain, both companies announced today. Cardtronics signed a five-year agreement with Supermercados Grande, a 40-year-old chain that operates 30 ...
CHARMING SHOPPES, ALLIANCE DATA COMPLETE CARD AGREEMENT.(News)
Nov 06, 2009 ... Alliance Data Systems Corp. has acquired Charming Shoppes Inc.'s credit card receivables in an agreement completed today, according to Bensalem, Pa.-based Charming Shoppes. The companies also entered into a 10-year operating agreement in which Alliance Data will operate the retailer's ...
DEBT BUYER ENCORE CAPITAL REPORTS LARGE Q3 GAINS.(News)(Financial report)(Brief article)
Nov 06, 2009 ... Encore Capital Group Inc., a San Diego-based bad-debt buyer, Thursday reported net income of $9 million for the third quarter ended Sept. 30, a 200% increase from $3 million in the same period a year ago. The company paid $77.7 million during the quarter to purchase bad-debt portfolios ...
VISA'S PAYMENT VOLUME DECLINES IN NON-U.S. REGIONS.(News)
Nov 06, 2009 ... Overall sales volume for credit and debit cards supported by Visa Inc. declined slightly in regions outside the United States during the quarter ended June 30, Visa announced on Tuesday. Visa reports its operational-performance data one quarter later than its financial results. The card ...