Visa-branded prepaid financial products offered jointly by ABA and Travelex.
Banks will be able to offer several prepaid financial products for travel through a program launched recently by ABA and Travelex. The products include Visa TravelMoney Cards, Visa Gift Cards, Visa Travelers Cheques, and foreign currency services. Both Visa TravelMoney Cards and Visa Gift Cards may be...

Plastic accounts breach hits home.
Byline: Tim Christie The Register-Guard From tiny credit unions to national banks, financial institutions from Oregon to New York are scrambling to protect customer accounts that may have been compromised after a massive security breach at an Atlanta-based credit card processing company. In Eugene, credit...

How to market to a new demographic segment: twixters.
Marketers have identified a new and distinct demographic and psychographic group that financial service companies should be aware of. This group is known as "twixters." According to a recent cover story in Time magazine, twixters are an emerging market of young consumers between the ages of 21 and 29...

A big bank first: Citibank offers banking rewards points.
Citibank, New York, has become the first major financial institution to offer rewards points to customers for using its banking services, according to news repos. Rewards are distributed based on the type of account used and the number of banking products and services. The rewards program is similar to...

Continuing education quiz.
ABA Bank Marketing provides continuing education credit to members who hold the CFMP designation. The following quiz reflects the content of this magazine. The quiz has been pre-approved by the ICB for 1.0 hour of continuing education credit. The ABA Bank Marketing online continuing education quiz allows you to...

Gambling ban for aid recipients urged.
Byline: David Steves The Register-Guard Lane County commissioner and gubernatorial challenger Pete Sorenson is calling on his rival, Gov. Ted Kulongoski, to prevent Hurricane Katrina evacuees who make it to Oregon from gambling away their government relief money. Sorenson has written to the governor, asking...

Young generation attitudes and awareness towards the implementation of smart card in Bahrain: an exploratory study.
Abstract: SmartCards are one of the latest additions to the continuing list of advancements and innovations in the world of information and communication technology. A SmartCard resembles in size and shape to a normal credit card or bank ATM card, with a microprocessor chip implanted into the plastic card....

FTC steps up consumer privacy action.
While the Federal Trade Commission's (FTC) highest consumer-protection priority is still deceptive and fraudulent advertising and marketing practices, its recent settlement with BJ's Wholesale Club Inc. indicates just how serious the agency is about protecting consumers' privacy. The FTC has issued orders against several marketers, including Guess?...

Fundraising new idea: online payment "smart codes" that can reproduce.
Introduction While looking for better ways to publish a newsletter online, this writer, who designed and wrote software in a previous career, invented what looks like a new tool for online commerce. This article outlines fundraising possibilities of this "smart codes" design for computer-controlled money, with financial...

Debit card tools.
The debit card is the latest advance in the area of consumer-driven health care, says Victoria Nipple, chief operating officer of mbi, the originator of employee benefits debit cards. The debit card removes the need to submit claim forms by allowing consumers to directly deduct funds from health reimbursement...