First Data has named Robert P. DeRodes as its chief technology officer (CTO). DeRodes, 58, will join the company's executive management team and report directly to Chairman and Chief Executive Officer Michael Capellas.

Digital Transactions: Plenty of Upside for eBay in Bill Me Later Deal, Experts Say Virgin America and Barclays Offer New Visa Signature Card With No Annual Fee Western Union expands distribution channels, taps new customer base with launch of online

The September 2008 edition of the First Annapolis Navigator is now available (registration required). This month's feature article is "The World's Largest Bankcard Acquirers". Other articles include: "Retail Loyalty: What US Retailers Can Learn from Our Neighbors to the North",

David Reilly writes for the Wall St. Journal's Heard on the Street column about the challenges US credit card issuers are facing as both credit losses and funding costs are increasing.

Discover has announced that its "U.S. Spending Monitor dipped 2.2 points to 86.5 in September, as consumers grew increasingly concerned about the U.S. economy and worked hard to hold-the-line on future spending plans. More than 55 percent of the nation's

The National Bank has retained its overnight interest rate for Wednesday, October 8, 2008, at 15.0% per annum for loans secured by the state bonds, the National Bank has informed.

According to dealers of commercial banks, at the beginning of the trading session the quotations fluctuated within 5.6000-5.6600 UAH/USD, then rose to 5.6500-5.7000 UAH/USD and narrowed to 5.4000-5.5000 UAH/USD by the end of the trades.

In particular, in Odesa Pivdennyi bank is buying US dollars at 5.35 UAH/USD and selling at 5.9 UAH/USD; Odesa bank is buying at 5.3 UAH/USD and selling at 5.9 UAH/USD.

The National Bank of Ukraine has introduced a temporary administration at PromInvestBank, one of Ukraine's biggest banks, a central bank source told Ukrainian News.

Ukrainian News learned this from the presidential press service.

A bipartisan group of senators on Tuesday proposed a bill to require employers that offer health insurance to disclose to employees the amount spent on their premiums, CQ Today reports.read more

Pennsylvania Gov. Ed Rendell (D) in a letter sent to state Senate Majority Leader Dominic Pileggi (R) on Monday urged action on compromise legislation to expand health insurance coverage to the uninsured, the Pittsburgh Post-Gazette reports (Fahy, Pittsburgh Post-Gazette, 10/7).read

Future Funding for Mental Health And Substance Abuse: Increasing Burdens For The Public Sector;" Health Affairs: The report, by Katharine Levit, senior research leader at the health care business of Thomson Reuters, and colleagues finds that spending on mental health

Male workers in the textile garment industry are paid more than females, except in Uttar Pradesh. Men, who account for 40.74% of total workforce in the apparel-making industry...

India Inc's business optimism in the last three months has reported a decline of 28%, largely due to the turbulence in the global financial markets...