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April 10, 2008 Archives
Millions donated to American Idol charity with credit cards, but the event may have been a windfall for Visa, MasterCard and American Express. The credit card companies likely raked in a large cache from credit card processing fees.
You've probably seen a redbox, that large DVD rental machine, at your local McDonalds or Wal-Mart. Perhaps you regularly rent movies from one of the 7,400 machines across the country. An American Banker newsletter just put word out that the redbox company has fallen victim to a skim scam. Because of this, some redbox customers may find themselves identity theft victims.
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