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Post Thumbnail of Moody's to update ratings of major banks
16 February 2012 Finance

Moody’s recently made it clear that it will be reviewing ratings for approximately 114 banks in Europe and 8 more based through out the world.
Moody’s also said that it can possibly cut down some ratings by up to 3 levels after considering banks’ investment models.
Major global banks that will be …

Post Thumbnail of Merchant Account Rates and Fees
19 November 2011 Finance

It is considered to be one of the most important steps that a business can take, in fact some will say that without the ability to accept credit cards as a form of payment the new business would simply reduce their chance of success. In today’s society everyone dips their …

Post Thumbnail of Customers move their bank accounts on "Bank Transfer Day"
6 November 2011 Finance, News

This weekend, thousands of customers of giant banks moved their accounts to smaller banks as part of “Bank Transfer Day.”
A record number of 659 members joined Boeing Employees’ Credit Union in Seattle on Saturday. Similarly, Texas credit union saw many new customers join.
These credit unions can’t sell stocks and don’t …

Post Thumbnail of What’s the Buzz with Mobile Credit Card Processing?
16 August 2011 Finance

Credit card processing, like many other things, is now mobile.  With a variety of companies coming out with sleek savvy devices to process credit cards I decided to see what the buzz was about. I did research online, as well as asked friends who have firsthand experience with some of …

Post Thumbnail of Dow Jones rises due to Home Depot and Walmart's positive results
17 August 2010 Finance

You probably know that Dow Jones had been going down for five consecutive days until today. The streak was finally ended due to positive results reported by retail giants Wal-mart and Home Depot. Dow Jones Industrial Average incremented 103.84 points to 10405.85.
Impressive quarterly results led to 93 cents rise in …

Post Thumbnail of Credit Card Processing- Tips For Merchant Account Holders
15 June 2010 Finance

Setting your business up to accept credit cards is a great way to reach out to new customers and encourage your existing customers to spend more. Nowadays, most businesses that process credit/debit cards do so via a merchant account. Merchant accounts essentially serve as a credit/debit card processing agreement between …

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