PORTLAND, Maine Maine banks and credit unions could face greater exposure to theft of credit and debit card numbers from the Hannaford Bros. Co. data breach than from the far-larger TJX Cos. breach because of the concentration of Hannaford supermarkets in the state, an official said Friday. Maine has 51 Hannaford supermarkets and another 19 [...]

JAKARTA (AFP) — Credit card companies and Indonesian authorities said Tuesday they were investigating card counterfeiting estimated by police to have caused more than three billion dollars in losses. “The estimate up to now is 30 trillion rupiah (3.24 billion dollars) in losses, but it could increase as we investigate further,” Indonesian national police spokesman [...]

by: Bekki Kante Raleigh, NC — Overseas telemarketers are using credit card offers to steal customers’ personal information. The Attorney General’s office warns that scammers are using robo calls that promise better rates on credit cards to try to steal identity and run up charges in victims’ names. “These scammers are out to steal your information and [...]

By Tracy Withers March 19 (Bloomberg) — New Zealand consumer spending on debit, credit and store cards fell in February, adding to signs record- high interest rates and a slumping housing market are curbing domestic demand. The value of transactions on electronic cards at retailers declined 0.1 percent from January, Statistics New Zealand said in [...]

by Gerri Willis Monday, March 17, 2008 Congress is holding hearings on legislation that aims to reform credit card industry abuses. While consumers may not see protections anytime soon, here are some top tips on how you can fight back now against credit card fees. Watch your interest rate Credit card companies reserve the right [...]

This is the last article about American Express Story, you can read the other articles here : American Express – Our Story Part 1 American Express – Our Story Part 2 American Express – Our Story Part 3 American Express – Our Story Part 4 FULL CIRCLE More than 4,000 American Express employees were in [...]

 This is the fourth article about American Express. You can read the previous articles here: American Express – Our Story Part 1 American Express – Our Story Part 2 American Express – Our Story Part 3 TRYING TIMES In 1987, American Express Bank added $950 million to its reserves against outstanding loans in Latin America. [...]

This is the third article about American Express, if you miss the first and second article you can read it here American Express – Our Story Part 1 and American Express – Our Story Part 2 MATTERS OF SURVIVAL American Express nearly disappeared as an independent company in 1929. Chase National Bank had been quietly [...]

This is the second article about American Express, if you miss part one here is the link American Express – Our Story Part 1 INNOVATION AND EXPANSION In 1882, American Express launched the money order business, which proved an almost instant success. The company introduced the world’s first travelers cheque in 1891 and within ten [...]

INTRODUCTION The story of American Express is a fascinating one, filled with interesting and sometimes quirky characters who — through a combination of brains, perseverance and luck — shaped the company’s development during the past century and a half. The express company that forwarded freight and valuables evolved into a company that created and sold [...]