Online credit card payments move toward mainstream use
First National Bank of Omaha and CyberCash Inc. plan to let merchants accept Internet credit card payments via CyberCash software. MasterCard teams with Los Alamos scientists to build neural network fraud detection, with pilot tests next spring. Cardinal Bancshares to offer Internet banking via Security First Network Bank in Kentucky. Working women now contribute half or more of household income but still handle family care, per a Whirlpool Foundation study. Iranian rial crackdown and currency volatility report a partial recovery amid arrests and market restrictions.
MENTIONED IN THIS ARTICLE
New York
First National Bank of Omaha
CyberCash Inc
Reston
CyberCash
First National
MasterCard International
Los Alamos National Laboratory
Tuee
Los Alamos
MasterCard
Washington
Kentucky
Office of Thrift Supervision
Rem
Cardinal Bancshares Inc
Lexington
OTS
Security First Network Bank
Pineville
The
Families and Work Institute For the Whirlpool Foundation
Fixed mortgage rate dips under 8 percent for first time in a year
Freddie Mac reports the 30-year fixed mortgage averaged 7.87 percent this week, down from 8.27 percent prior and the lowest since March 1994. Analysts cite bond market gains and cooling inflation as factors, with predictions of a gradual rise to the 8 percent range later in the year.
MENTIONED IN THIS ARTICLE
Washington
Federal Home Loan Mortgage Corp
Frank Nothart
Freddie Mac
Federal Reserve
Michael Carliner
National Association of Home Builders
Newlyweds Plan Finances As They Start Life Together
Columbia couple Mark Polk and Barbara Wilbur married April 15 at Ashland United Methodist Church and began financial planning. Experts urge early tax planning, retirement saving like 401(k) matching, health and life insurance coordination, and building a three month cushion. They aim for a down payment on a home by 2000 and emphasize joint budgeting to avoid debt and stress.
MENTIONED IN THIS ARTICLE
Columbia
S.C
Mark Polk
Barbara Wilbur
Ashland United Methodist Church
Polk
Wilbur
Sissy Osteen
Consumer Credit Counseling
Osteen
Jack C. Harmon
Consolidated Planning Corp
Atlanta
Iate
Columbia Certified
Jean Ballentine
Prudential Securities
Ballentine
Wilburn
U.S. Department of Agriculture
Postal Service
Uct
Harmon
Gerry Ward
Ward Financial Advisors Ltd
Ward
Dollar bill extinction sparks move to coin in Congress
The article notes a convergence of issues around replacing the $1 bill with a $1 coin. It cites the falcon and warbler as endangered list occupants and argues fiscal, durability, and international currency trends favor a coin. It recounts past coin proposals and the 1980s Susan B Anthony plan failure amid confusion with quarters.
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Congress
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