Posts Tagged ‘debit and credit’

Fraud Prevention Quiz

Fraud Prevention Quiz
One can never be too safe when it comes to fraud. Canadians are becoming more proactive about protecting themselves, as 90% of Canadians are taking preventive steps. Toronto-Dominion Bank (TD) released their own TD Canada Trust Fraud Prevention Quiz. 1. What does a criminal need to make a copy of your card and access your account? a) The card ... Full story

Scotiabank Launches Application for iPhone and Blackberry

Scotiabank Launches Application for iPhone and Blackberry
Scotiabank announced on December 2nd announced two new mobile services to help keep customers informed during their busy lives. The first to be launched is Scotia InfoAlerts, a service which notifies customers via text message or e-mail of transactional activities into their accounts. The second is an application for the iPhone ... Full story

Ottawa Urged to Clamp on Excessive Credit Card Rates

Ottawa Urged to Clamp on Excessive Credit Card Rates
A new report commissioned by the Consumers Association of Canada noted that Ottawa should be clamping down on any excessive interest rates and penalty fees charged by credit card issuers during the current review of the credit and debit card industry. The report goes to say that new microchip protected credit cards should ... Full story

Flaherty Unveils Credit Card and Debit Card Code of Conduct

Finance Minister Jim Flaherty has finally unveiled his long awaited proposed voluntary code of conduct for Canada’s multibillion-dollar credit and debit card industries. Within the proposed voluntary code of conduct, you will find a number of measures that will address the complaints brought forward by merchants. Flaherty noted that the proposed code is ... Full story

Finance Minister Jim Flaherty “Voluntary Code of Conduct”

Finance Minister Jim Flaherty
Finance Minister Jim Flaherty is putting the finishing touches on a voluntary code of conduct to govern Visa’s and MasterCard’s entry into Canada’s $168 billion debit card market. Flaherty is in negotiations with industry stakeholders, and is expected to announce the measures in the coming weeks, which will be complementing his new credit ... Full story

New Credit Card Changes Threaten Consumers

New Credit Card Changes Threaten Consumers
Currently, there are two bills before the Senate, which risk reducing competition in Canada’s multi-billion dollar debit and credit card markets, while driving up consumer fees through heavy handed regulation. Conservative MP Ted Menzies warns that ordinary Canadians would have to pay the price if the two pieces of legislation, which is faces ... Full story

InfoProtector Benefits Part 1

InfoProtector Benefits Part 1
A topic which was spoken about not too long ago was InfoProtector, a special optional benefit for RBC Royal Bank Visa cardholders. InfoProtector gives you access to unique capabilities of Internet Personal Information Patrol (iPiP). I am going to go into a little more detail on what the benefits are for InfoProtector. As I mentioned ... Full story
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