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Credit Card News

Online Retail Sales in Canada up Over 24% through First Half of 2012

TORONTO, Aug. 9, 2012, 2012 (Canada NewsWire via COMTEX) –New MasterCard Canada SpendingPulseTM Report Demonstrates e-Commerce is the Shining Light in Retail
Today, MasterCard Canada made its first public release of insights from SpendingPulse, a product of MasterCard Advisors, which highlights total retail sales – across all payment forms including cash and cheque – as well as sales in four key retail categories: e-Commerce, Grocery, Department Stores and Gasoline.

Youth From Around the World Face Off in Final Round of Global Entrepreneurship

Global JA Titan Challenge finale took place live in Wilmington, Delaware where top honors went to Tax & Xray from China
Colorado Springs, Colo., August 9, 2012—Junior Achievement Worldwide® (JA Worldwide), in partnership with MasterCard (NYSE: MA), presented the final round of the Global JA Titan Challenge live in Wilmington, Del. from Aug. 6-9, 2012. First prize went to Team Tax & Xray from China.

Transactions on MasterCard Cards Exceed 10 Million at Great Singapore Sale 2012

Total GSS spending on MasterCard cards at US$1.4 billion;
Australia, United States, and Indonesia tourists emerge top foreign spenders
To tweet this news, copy and paste http://bit.ly/MFGZzv to your Twitter handle with the hashtag #MasterCard, #Contactless, #PayPass, #Shopping, #GSS

MasterCard SpendingPulse for Small Business Report Shows Small Retailers’ Sales Growth in July Slows to +6% Y/Y

At +8.2% Year-to-Date, Small Retailers Outperform Total Retail Sales Growth of +5.9%
To tweet this news, copy and paste: http://bit.ly/Sf1HTw  to your Twitter handle with the hashtag #SpendingPulse, #WellsFargo and #SmallBiz

American Express Plans Live Audio Webcasts of the Investor Conference Call Following Fourth Quarter & Year-End 2009 Financial Results and Semi-Annual Financial Community Meeting

American Express plans to host a live audio webcast of its investor conference call on Thursday, January 21, 2010, at 5:00 pm (ET) to discuss fourth quarter and year-end 2009 financial results, which are scheduled to be announced shortly after the market closes on that day.

American Express Announces New Membership Rewards® Partners and Features with Everyday to Extraordinary Rewards Options

American Express kicks off 2010 with a line up of new partners and features in the Membership Rewards® program, which provides Cardmembers with more choice, flexibility and attainable rewards across popular categories, including financial services, travel, shopping, and dining and entertainment. The program also now offers reward redemptions for as low as 200 points, and has added over 2,000 retail and dining locations, 23 new hotel properties, and much more.

American Express Company Contributes $250,000 to Haiti Earthquake Relief and Waives Discount Rate for Charitable Contributions

In response to the devastation caused by Tuesday's massive earthquake in Haiti, American Express Company today announced that it will donate $250,000 to assist the following organizations with their relief efforts: the American Red Cross, Doctors Without Borders, International Rescue Committee and the United Nations' Friends of the World Food program. American Express will also match employee donations for relief efforts.

American Express Completes Acquisition of Revolution Money

American Express Company today announced that it has completed the acquisition of Revolution Money Inc., a next-generation payments platform launched by Revolution LLC in 2007. American Express paid approximately $300 million cash for the acquisition.  
Revolution Money Inc. is now a subsidiary of American Express Company. Jason Hogg, founder and chief executive officer of Revolution Money Inc., will continue to lead the Revolution Money business.

American Express OPEN® and Lowe's Launch New Credit Card for Small Business Owners

American Express OPEN®, the nation's leading issuer of payment card products for small business owners, and Lowe's Companies, Inc., the world's second-largest home improvement retailer, today announced the launch of a new credit card for business owners.

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