commercial credit cards

• An Army of One -- Bringing Crosstown Project to Light

Artist Robin Salant, her credit cards, her army of volunteers and her sponsors are helping build momentum for redeveloping the long- vacant Sears Crosstown building. Early this year, Crosstown Arts announced it is working to turn the 1.4 million-square-foot building into an urban village powered by art: artist residency programs, studios, exhibition and performance spaces.

• The Commercial Appeal (2007-Current)
• October 20, 2011

• Attorneys Buying Debt?

The author assembled some information from his 20 years in the collection industry and 14 years of buying and selling debt. Get started by setting up an LLC or a corporation as the buying entity. Consult with your other legal and tax advisors as to which would be better for you. This is your chance to be your BEST client, and to become less dependent on contingency business. Direct from issuer is the cleanest "chain of title." Start with your local Credit Issuers then explore referrals of brokers/resellers. Buy files -- credit cards, commercial cards and loans (with or without personal guarantors), Consumer Loans, Auto loans, NSF checks, Telecom, medical (don't forget HIPAA compliance issues), etc that your firm is most familiar with eliminate the learning curve. If you work first-place...

• Debt 3
• Vol. 23 Nbr. 6, November 2008

• Fraud Suspect Faces Charges -- Media Release Helps Police Nab Memphis Man, 57

Thanks to the media spreading photographs of an auto burglary suspect using stolen credit cards at an Exxon and a Walgreens in East Memphis, he was booked into jail on Thursday. Police charged Russell Leaks, 57, of Memphis with two counts of burglary of a motor vehicle, four counts of fraudulent use of a credit card, two counts of theft and identity theft.

• The Commercial Appeal (2007-Current)
• December 05, 2011

• From Abbey to Santander - Being Acquired and Renamed

Earlier this year, Santander, the Spanish banking group announced that three UK high street banks, including previously acquired Abbey, would be renamed Santander by the end of 2010. The group acquired Alliance & Leicester (A&L) and Bradford &Bingley (B&B) savings in a very short space of time. Santander's approach to transform Abbey was based on a change in processes, the introduction of a new IT platform (Partenon) and moving the focus of the business from a mortgage and savings bank to a full-service commercial bank offering current accounts, credit cards, insurance, investments and business and corporate banking. After a frantic weekend of negotiation, the L1.6 billion acquisition of A&L by Santander was announced in July 2008 and was completed in October 2008. A...

• Strategic Communication Management
• Vol. 13 Nbr. 5, August 2009

• Defaults On Rise Despite Recovering Economy ; Federal Reserve Expected to Keep Rates Near Zero

Despite recent signs of economic improvement, defaults are soaring on all kinds of loans to businesses and consumers, including commercial real estate, prime mortgages and credit cards. These rising defaults are causing deep losses at banks further imperiling the credit system, and have become a major reason - along with high unemployment - why the Federal Reserve is expected to keep interest rates near zero when it meets on Wednesday.

• The Washington Times
• August 11, 2009

• Analysts Expect Credit Crisis Spread

WASHINGTON - The credit crisis triggered by bad home loans is spreading to other areas, forcing banks to tighten credit and probably extending the credit crisis that's dragging down the economy well into next year, and perhaps beyond. That means consumers are going to have an increasingly difficult time getting bank loans for car purchases, credit cards, home equity credit lines, student loans and even commercial real estate, experts say.

• Columbia Daily Tribune
• June 09, 2008

• Pnc Financial Services Introducing Payment Card

PNC Financial Services Group introduced a payment card for commercial customers traveling abroad that contains more fraud protection than conventional credit and debit cards. The new card contains an embedded encrypted microchip whose level of security is more complex than matgnetic-stripe cards.

• Tribune - Review / Pittsburgh Tribune - Review
• November 03, 2011

• Banks Impose Severe Lending Standards ; Fed: Even Best Clients Shunned

Banks sharply tightened lending standards in the latest quarter, even for their prime customers - the most vivid evidence yet of a widening credit crunch that started with subprime loans last summer, the Federal Reserve said yesterday. The much stricter standards imposed by banks - such as requiring higher down payments, more home equity and better credit scores - applied to every loan category: mortgages, home-equity loans, consumer-installment loans, credit cards, commercial real estate and business loans. The increase in mortgage standards in the Fed's January survey was much sharper than that seen in the early 1990s credit crunch.

• The Washington Times
• February 05, 2008

• National Briefs

Earnings jump 36% at JPMorgan NEW YORK JPMorgan Chase & Co. reported a 36 percent gain in first-quarter earnings Wednesday, beating Wall Street estimates with strength in credit cards and commercial banking.

• The Record, Bergen County, NJ
• April 21, 2006

• Banks Still Standing Amid Credit Rubble

Banks have become the only game in town for most businesses and consumers looking for loans, and that's why the government is gearing up for what could be the most expensive bank bailout ever. Entire trillion-dollar markets for securitized loans have frozen or collapsed in the past 18 months, including parts of the corporate debt market known as commercial paper, private mortgages, auto loans, student loans and credit cards. The result: Banks are often the only lenders still able to satisfy critical credit needs.

• The Washington Times
• February 09, 2009