business credit

October 2015: The End of the Swipe-and-Sign Credit Card – Corporate Intelligence – WSJ
smallbusinesscreditnews.com

It’s a payment ritual as familiar as handing over a $20 bill, and it’s about to go extinct: prepare to say farewell to the swipe-and-sign of a credit card transaction.

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Never Give Stores Your Zip Code. Here’s Why
smallbusinesscreditnews.com

(AP Photo/Julie Jacobson) Why do merchants sometimes ask us for our ZIP code when we buy something? I recently visited the Mob Museum in Las Vegas, an interesting addition to Sin City’s attractions. I paid my admission with a credit card, prompting the museum ticket seller to ask me: “What’s your ZIP […]

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How Idaho Central Credit Union grew into the biggest financial institution …
smallbusinesscreditnews.com

“As a financially conservative small businessman, my survival depends on my ability to make it year after year,” Pori says. “Credit unions understand that in their business practices.” Katherine Jones — kjones@idahostatesman.comBuy Photo. Story Photos …

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Rentsys Recovery Services Reaches Milestone for Number of Bank and Credit …
smallbusinesscreditnews.com

COLLEGE STATION, Texas–(BUSINESS WIRE)–Rentsys Recovery Services, a provider of comprehensive disaster recovery solutions for banks, credit unions, mortgage lenders and other organizations, announced it now provides more than 1,900 contracted …

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Junior Gets Whacked by Dad’s Whack Credit
smallbusinesscreditnews.com

My father is 70 years old, filed bankruptcy twice and still has multiple past-due accounts. Since I was 18 years old, my dad’s credit has been getting mixed up with mine, negatively affecting my credit. No matter how many times I’ve disputed these …

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Larimer County credit unions, banks at odds over lending cap
smallbusinesscreditnews.com

Credit union representatives, however, say banks don’t want the competition. “They say it will hurt business, but it’s taken us more than 100 years to gain 6 percent of the market for small business loans and deposits,” Maus said. “Even if we doubled …

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MasterCard scans social media, calls itself a ‘tech company’
smallbusinesscreditnews.com

In an increasingly saturated market, dependability with plain vanilla credit cards is not enough, and the company must appeal directly to prospective card holders via social media, he said. The way Eisen puts it, the business-to-business company has …

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Udall re-introduces measure to boost credit union lending
smallbusinesscreditnews.com

At issue is a credit–union lending cap Congress adopted in 1998, under which the member-owned, nonprofit institutions must limit business loans to 12.25 percent of their assets. Udall’s bill would raise the limit to 27.5 percent, and proponents say …

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