Credit bureaus want more from banks

Article Abstract:

The biggest credit reporting bureaus in the US are demanding that banks make credit information about their clients available or be denied access to similar information. The rule, which was initially enforced in Jan 2000, is intended to force banking institutions to share credit information regarding their own clients. The credit reporting bureaus supporting the move include Providian Financial Corp of San Francisco, CA, Trans Union of Chicagao, IL, and Equifax of Atlanta, GA.

Credit Checking Vendors

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Credit card response rates drop to 1 percent in 1999

Article Abstract:

A market survey conducted by Mail Monitor, a service of Tarrytow, NY-based BAIGLOBAL Inc, revealed that consumer response rate to mail credit card offers drop to 1% in 1999. The declining response rate is believed to be caused by the lack of differentiation among credit card offers and rates. The poll, which involved 10,000 households nationwide, also showed that direct mail credit card offers fell to 2.87 billion pieces in 1999 compared to 3.45 billion in 1998.

Data Processing Services, Credit Card DP Services, Credit card processing

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J.C. Whitney, Answer Financial offer insurance shopping

Article Abstract:

Answer Financial, a comparison shopping service for various types of insurance and other financial products, has turned an employee benefit function it was providing JC Whitney and Co into an agreement that allows the automobile parts and accessories direct marketer to become a provider of insurance shopping service. The deal created JC Whitney Insurance Center that allows JC Whitney customers to access information 24 hours a day, seven days a week, to compare insurance programs from a variety of providers for cars, motorcycles and other vehicles.

Strategic alliances, Videotex & Teletext Svcs NEC, Tire, Battery & Accesory Stores, Automotive Parts and Accessories Stores, Internet services, Online information services, Automotive parts stores, Answer Financial

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