A credit card receivable is money owed to a bank or issuer on the outstanding balance in a credit card account. Because the borrower is contractually obligated to pay the balance, the creditor expects this amount to be repaid. If a borrower does not repay the balance, it is often charged off as a loss. Since credit card usage is so widespread, and account balances can soar quite high, credit card receivables form the backbone of many financial services functions, such as asset-backed securities, debt collection, and debt buying.
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Telemarketers Sentenced to Federal Prison in Credit Card Scheme
22 December 2006
Could Discover Be a Target for UK Bank Barclays?
20 December 2006
Discover Spin-Off Adds a New Pure Play to Credit Card Sector
20 December 2006
First Data Renews Advanta Bank Processing Agreement
20 December 2006
Executive Change: John McMenamin to TNB Card Services
19 December 2006
Morgan Stanley Approves Discover Spin-Off
19 December 2006
Executive Change: Mitch Dawes to TNB Card Services
18 December 2006
TNB Acquires Five Credit Union Card Portfolios
18 December 2006
MasterCard Small Business Survey Finds Mixed Feelings on Business Climate
18 December 2006
MasterCard Predicts Procrastination and Prudence During 2006 Holiday Shopping Season
18 December 2006
TNB Releases Card Marketing Guide for Credit Unions
18 December 2006
Survey Says Americans will be Charging Heavily this Holiday Season
18 December 2006
New No Cash Repayment Credit Card for Business
18 December 2006
Capital One Completes Acquisition of North Fork Bancorporation
18 December 2006
Citigroup, MasterCard, Cingular and Nokia Team Up on Mobile Phone PayPass Payments
15 December 2006
Intuit to Acquire Electronic Clearing House for $142 million
15 December 2006
Standard Chartered and First Data Form Merchant Acquiring Alliance in Asia
15 December 2006
Profit-based Credit Marketing
14 December 2006
Pricing in the U.S. Credit Card Market
14 December 2006
Making Applications Processes Customer Friendly - Part 3
14 December 2006
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