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In early July 2002, most NextCard credit card accounts were closed. A small portfolio of credit cards that were issued to those with low credit scores was sold to Merrick Bank of Utah, who then increased the annual percentage rates (APRs) and fees. In 2003, NextCard was liquidated with liabilities of nearly $470 million and realizable assets of ...
North American Bancard (NAB) is a payments technology company founded in 1992 by CEO/President Marc Gardner, it is headquartered in Troy, Michigan.Its corporate office employs more than 1,200 people, plus, another 3,000 sales partners located throughout the U.S. NAB offers technologies in credit, debit, EBT, check conversion and guarantee, ATM, gift and loyalty cards, and online payments.
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An industrial loan company ( ILC) or industrial bank is a financial institution in the United States that lends money, and may be owned by non-financial institutions. They provide niche financial services nationwide.
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How Credit Cards Can Make Your Household Budget Work Better - Merrick, NY - Using a credit card can help your family better track monthly expenses. Here's how one couple did it the smart...
The European Payments Initiative (EPI), previously known as the Pan-European Payments System Initiative (PEPSI), is a European Central Bank-backed payment-integration initiative aiming to create a pan-European payment system and interbank network to rival Mastercard and Visa, and eventually replace national European payment schemes such as ...
Multiple credit card skimmers were discovered at a Merrick gas station Thursday, according to Nassau County Police. A technician found three skimmers attached to pumps at Gulf Gas Station,...
A business reported a fraudulent transfer of money from the company’s bank account. Multiple unauthorized purchases were reportedly made against a victim’s credit card account at a local...