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American Express Announces New No Annual Fee Credit Card, the Amex EveryDay℠ Credit Card

Today American Express introduced the Amex EveryDay Credit Card, a new no annual fee credit card that puts a twist on the traditional rewards program. The Card will be available by April 2, 2014. This new kind of credit card from American Express rewards Card Members for how often they use the Card, and not […]

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Banks Have Recovered From Recession With Increased Profits

Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $40.3 billion in the fourth quarter of 2013, a $5.8 billion (16.9 percent) increase from the $34.4 billion in earnings that the industry reported a year earlier. This is the 17th time in the last 18 quarters […]

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Majority of Organizations That Accept Payment Cards Fail to Maintain PCI Security Standards

NEW YORK – A new Verizon report has found that too many businesses, following their annual assessment for meeting the Payment Card Industry Data Security Standard, fail to maintain ongoing compliance – putting the businesses at an increased risk for data breaches, and financial and reputational damages. The “Verizon 2014 PCI Compliance Report” affirms that […]

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Capital One 360 Brings New Banking Experience to Boston with First Area Café

MCLEAN, Va.- Capital One 360, the nation’s largest direct bank, is opening its first area Café at 799 Boylston Street in Boston’s Back Bay. Bostonians visiting the new Café can recharge their bank accounts, their devices and their lives by learning new ways to save time and money, and trying out financial and digital tools […]

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DHL And IMG Fashion Seek To Globalize Designers With DHL Exported

Bonn,- DHL, the world’s leading logistics provider, along with IMG Fashion, announced today the launch of a new program, DHL Exported, to support the fashion industry worldwide. This unprecedented program was launched to help designers who are already established in their local market and are gaining momentum internationally, to further their global footprint via the […]

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Metlife Makes Life Insurance More Affordable For Millions Of Americans

NEW YORK – Millions of Americans lack even the most basic life insurance to protect their families. In fact, 41 percent of American adults have no life insurance whatsoever, and 50 percent of American households report they do not have enough life insurance. Many believe that life insurance is too difficult to obtain and too […]

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AIG Announces AG Asset ProtectorSM

HOUSTON– American International Group, Inc. (NYSE:AIG) today announced the launch of AG Asset ProtectorSM, a suite of riders for a life product that provides financial security to customers. AG Asset Protector consists of two innovative riders that allow policy holders to access their death benefit while they are still living: the Accelerated Access SolutionSM in […]

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Justice Department Shuts Down Fraudulent Tax Return Preparers Nationwide

Today, the Justice Department announced the results of its ongoing efforts to combat fraudulent tax-return preparers and promoters of tax-fraud schemes. Taxpayers filed an estimated 142 million individual income tax returns for the 2011 tax year, with nearly 70 million taxpayers using a paid return preparer according to the Internal Revenue Service (IRS) Compliance Data […]

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New York Life Investments Completes Acquisition of Dexia Asset Management

New York, — New York Life Investments announced today that it has completed its acquisition of Dexia Asset Management, a leading international asset manager, with management centers in Brussels, Paris, Luxembourg and its investment boutique, Ausbil, based in Sydney, for EUR 380 million. Dexia Asset Management joins New York Life Investments’ diversified family of investment […]

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Bank of America Merrill Lynch And Challenges of the Single Euro Payments Area (SEPA)

Bank of America Merrill Lynch, a global leader in payments, last week hosted a series of informational webcasts on key considerations for corporates as they enter the last stages of SEPA implementation. These webcasts are the latest in a series of initiatives – including client-facing sessions, forums and workshops – that the firm has generated […]

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