Kount, released its list of the top five Fraudulebrities, celebrities who have fallen victim to fraud, to remind consumers to be mindful of where fraud lurks and how people can protect themselves.
Chase Blueprint asked an O, The Oprah Magazine reader panel how they will be spending this year, indicating a watchful eye on their holiday budgets. According to the survey, three in five (59 percent) respondents are planning to spend the same amount or more this holiday season than last year. On average, respondents plan to spend $594 on gifts this holiday season. Meanwhile, two-thirds of respondents (66 percent) “look forward” to shopping for gifts this holiday season. To save money this season, 59 percent plan to use coupons or look for last minute sales, while nearly a quarter (22 percent) bought most of their gifts during Black Friday or Cyber Monday. Additionally, more than three in 10 respondents will create a holiday shopping budget (36 percent), spend less money per gift (35 percent) or buy gifts for fewer people (31 percent). When it comes to the tradition of holiday parties, nearly one-third (28 percent) of respondents will host a holiday or seasonal party this year. On average, these party hosts are setting their party budget at nearly $300, with more than two in five (44 percent) planning to spend $100 to $249 on the party and more than a quarter (26 percent) planning to spend $250 to $499. For those hosting a party, the average number of party invitees is 19 people with nearly a third (27 percent) planning to invite five to 10 people and 46 percent planning to invite 11 to 20.
With 62% of parents looking for ways to teach their kids about the importance of money management before they overspend, American Express and Jean Chatzky personal finance expert have introduced “The National Money Night Talk” program to encourage families to engage on money and financial responsibility. The Program is available through www.moneynighttalk.com, where parents can sign a pledge that they will talk to their kids about money and access exclusive Jean Chatzky videos and resources endorsed by the Council for Economic Education, based on the organization’s national content standards. The free online resource (www.moneynighttalk.com) is available in three different tracks based for middle school, high school and college students and features videos, frequently asked questions and talk points to help parents start and sustain the money dialogue beyond “National Money Night.”
Suze Orman and identity theft protection TrustedID have released the new
edition of “Suze Orman’s Identity Theft Kit”. The kit offers a unique
set of proactive protections
to prevent identity theft. The kit starts with an anti-spyware
installation to safeguard personal information stored on each consumerâs
PC, and progresses with just a few effortless keystrokes to employ more
than a dozen unique defensive measures to secure financial and personal
information â everything from bank accounts to medical records. “The
Suze Orman Identity Theft” kit constantly monitors public, private,
and compromised databases to ensure that the identities of individuals
and families has not been breached. The kit also provides consumers with
an on-call identity theft protection team ready to assist with any
questions and concerns, and is backed by a $1 million service warranty.
In addition, the kits helps consumers place fraud flags on their credit
reports to prevent anyone from opening new credit accounts in their name
without their explicit permission.
Customized gift cards offered through GiftCardLab, a joint partnership with Serverside Group and PAYjr, has been selected by Oprah as one of her favorite things in the December edition of “O Magazine.”
The “O Magazine’s 2008 Holiday O List,” includes GiftCardLab as one of a select group of great holiday gift ideas and suggests GiftCardLab as the great way to give the gift of freedom and personalization through custom Visa Gift Cards, starting at $5.95. GiftCardLab.com was created by Card Lab Inc. in 2007 between Serverside Group, based out of London, UK and PAYjr Inc, based out of Dallas, TX. Card Lab Inc. also works closely with banks, credit unions and major youth brands to help create market differentiation with branded and co-branded GiftCardLab programs.
Customized gift cards offered through GiftCardLab, a joint
partnership with Serverside Group and PAYjr, has been selected by Oprah
as one of her favorite things in the December edition of “O Magazine.” GiftCardLab.com was created by Card Lab Inc. in 2007 between Serverside Group, based out of London, UK and PAYjr Inc, based out of Dallas, TX. Card Lab Inc. also works closely with banks, credit unions and major youth brands to help create market differentiation with branded and co-branded GiftCardLab programs. For more information, visit www.GiftCardLab.com.
Terry Savage has been named personal finance editor with MoneyShow.com
multimedia investment education for investors and traders where she will
author the “SavageMoney” blog. For the new blog, Terry will provide her
perspective on the markets and personal finance every Monday in addition
to her regular television commentary, her personal finance column for
the Chicago Sun-Times and columns on TheStreet.com on issues of the same
nature. Savage is also a frequent guest on national television programs,
is heard on national radio programs, is a member of the Chicago
Mercantile Exchange’s “International Monetary Market,” has served on the
Board of McDonald’s Corporation for 14 years and began her career as a
stockbroker. She is a recipient of such awards as the “National Press
Club” award for Outstanding Consumer Journalism and two Emmys for her
A new survey from PayPal has found that more shoppers are playing it safe this holiday season by buying gift cards, rather than purchasing tailored gifts for their loved ones. About 64% of shoppers said they plan to give gift cards. According to the survey, consumers plan to spend roughly $412 online during the holiday gift giving season, and conduct an average of 40% of their holiday shopping online, compared to 28.9% in 2006.
VISA has released a survey showing that 73% of Americans celebrate “Halloween” and that the average consumer will spend $40 on candy and decorations. Parents with children under 18 will spend $54 on candy and decorations while those without children under 18 will spend $32. Of mention, younger people ($44) say they spend more than those 55 and over ($31). Those who live in rural areas ($49) spend $10 more on average than people living in urban areas ($39) and $13 more than suburbanites ($36).
A new survey shows that only 20% of Americans know that it is legal for employers to refuse to hire job applicants with low credit scores. Fully 52% of Americans mistakenly believe it is illegal for prospective employers to use credit scores as a hiring criteria and another 28% of survey respondents are unsure. The survey from VISA USA also found that 59% of women have checked their credit score than men (51%); adults age 55 and up have checked their score at a far lower rate (43%) than those under 55 (62%); only 22% check their credit score once a year; and a small group of just 18% check their score two or more times each year.
VISA USA has partnered with personal finance expert Jean Chatzky to promote financial literacy nationwide. Chatzky will help develop new financial education curriculum and interactive resources geared toward teachers, students, women and parents. She will also participate in a number of Practical Money Skills for Life and What’s My Score outreach activities. She will also moderate the Financial Literacy and Education Summit being co-sponsored by the Federal Reserve Bank of Chicago and VISA on May 1. This Summit will bring together educators, policymakers, non-profits and private sector leaders to address key issues, such as mandating financial education in schools, and sharing best practices. Jean Chatzky is a regular contributor to “The Oprah Winfrey Show” and to Oprah.com, financial editor for NBC’s “Today Show,” a contributing editor for Money and Travel & Leisure magazines and a columnist for The New York Daily News.
VeriFone will deliver WABC-TV/Channel 7 news content to New York City’s cabs. The news will be “broadcast” over integrated payment and content delivery systems, developed and installed by VeriFone Transportation Systems and Taxitronic, a supplier of taxicab meters. WABC will provide a customized version of its “Eyewitness News,” updated several times a day with the latest news and weather information. The content delivery capabilities are part of a comprehensive system designed to enable the acceptance of credit and debit cards, automate collection and submission of trip data and provide electronic message transmission to drivers. Currently, the systems and the station’s content are available in 50 taxis as part of a final technology trial by the TLC. VeriFone Transportation Systems delivers wireless payment, voice guided navigation, dispatch, text messaging and real-time information delivery capabilities for transportation fleets.