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Asset-backed securities-aside from mortgage-backed bonds-remain vital to the health of financial institutions. The Federal Deposit Insurance Corporation has reported that U.S. credit card issuers rely on ABS financing to provide more than 50 percent of their capital needs, according to a TowerGroup report.
November 7 -
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TORONTO, ONTARIO, October 14 / MARKET WIRE/ --
November 6 -
IBM has announced it has been selected to implement an information system for the Benzina and Benzina Plus petrol station network. The delivery and implementation will be managed by IBM Global Business Services and its consultants will be responsible for project management to fulfill all customer requirements.
November 6 -
Electronic Payment Exchange, a provider of payment processing solutions, has announced that it has enhanced its patent-pending BuyerWall solution to now provide complete removal of cardholder liability for merchant payment processing at the point of card swipe in a retail environment by instantly securing data.
November 6 -
ATLANTA, Sept. 30 /PRNewswire-FirstCall/ -- Global Payments Inc. (NYSE:
November 6 -
Fifth Third Processing Solutions, a financial services company, has announced that Dillard's, a retailer of apparel and home furnishings, has signed a multi-year contract for credit and debit card processing services for its approximately 330 locations throughout the US.
November 6 -
FRAUDSTERS have been siphoning off millions of pounds from British bank accounts using doctored chip-and-pin machines.
November 6 -
NORCROSS, Ga. and EDMONTON, Canada, Sept. 24 /PRNewswire-FirstCall/ --
November 6
