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News from Retail Delivery Show: Citi and Firethorn Ink Mobile Card Deal (Finance Technology Network)
Firethorn will provide holders of Citi credit cards with a mobile account management service.
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CreditCards.com: Weekly Credit Card Rate Report (Business Wire via Yahoo! Finance)
AUSTIN, Texas----Annual percentage rates for new credit card offers rose this week, according to the CreditCards.com Weekly Credit Card Rate Report. However, that move was due to a change in the composition of cards offered rather than any APR increases by banks.
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Citi and Firethorn launch new mobile solution (Banking Business Review)
Citi and Firethorn Holdings, the mobile commerce subsidiary of wireless technology company Qualcomm, have introduced Citi Mobile for Cards, a mobile solution that reportedly allows Citi credit card customers to access real-time credit card account information on their mobile phones.
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How To Lower Credit Card Interest Rates (KMBC-TV Kansas City)
Many people are dealing with a large amount of credit card debt. But there is a quick way to help some consumers lower their interest rates.
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Retailers and credit card lenders at odds in crunch (The Economic Times)
The need by US retailers' to sell in hard times has put them at odds with the lenders backing their credit cards. While stores aggressively promote use of their cards, lenders are increasingly wary of consumer defaults.
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Credit card firms raising rates to make up for losses (Pittsburgh Post-Gazette)
If you carry a balance on your credit cards you could be in for a jolt.
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Citi shares sink despite Saudi prince's investment (Washington Post)
NEW YORK -- Citigroup Inc. shares tumbled below $5 a share Thursday to their lowest level in more than 15 years, a sign that a Saudi prince's decision to boost his stake in the bank has failed to galvanize confidence among increasingly anxious investors.
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Citi and Firethorn Launch Citi MobileSM for Cards (Business Wire via Yahoo! Finance)
NEW YORK----Today, Citi and Firethorn Holdings, LLC, a Qualcomm company , introduced Citi Mobile for Cards, an advanced mobile solution that allows Citi credit card customers to quickly, easily and securely access real-time credit card account information on their mobile phones.
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Struggling Citi considers selling (The Argus Leader)
Reports that Citibank could be for sale cast some doubt on the company's future in Sioux Falls, but the former head of Citibank South Dakota says it could be good news for the city. Sioux Falls and South Dakota still are good places to do business, former Citibank President Ron Williamson said Friday. The economy is not unlike the late 1970s and early 1980s when Citibank chose to locate its ...
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Citi shares keep falling (WABC-TV New York)
Citi shares sink despite Saudi prince's investment.
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