CR80News | New Jersey seeks to regulate on-campus credit card solicitations

Tuesday, February 3, 2009

A New Jersey state senator has introduced a bill that would regulate credit card solicitations on college campuses, including requiring issuers to register with the institution and, if allowed to solicit, to also offer educational programs on the responsible use of credit cards.

The bill would also prohibit credit card companies from using so-called promotional gimmicks to get students to sign up, from issuing a credit card to a student without a certificate that the student completed the credit education course and from purchasing or otherwise obtaining the names and addresses of enrolled students from the college. The bill has already been approved by one committee.

An UConn computer with the names and Social Security Numbers of more than 10,000 university applicants was stolen, according to a local news report.

The computer, stolen from an IT storage cabinet at university’s West Hartford campus, had applicant files ranging from 2004 through July 30. UConn officials are still investigating the theft, which was discovered on Aug. 3.

SEPTA seeks federal funding for smart card system

The Southeastern Pennsylvania Transportation Authority (SEPTA) is applying for a $29.3 million TIGER II grant from the U.S. Department of Transportation to fund a contactless smart card fare system, according to progressiverailroading.com.

Smart Card Alliance Transportation Council to hold meeting on open standards payment

The Smart Card Alliance Transportation Council is holding a meeting on open standards payment for public transportation in New York City on September 22 - 23.

Loyola expands campus card program

Loyola University, Chicago, is offering more buying power for its students through the campus card program, allowing them for the first time to take the card off-campus at local dining establishments. The program will start small, focusing on a handful of restaurants.

University of Calgary expands ONEcard services

The campus ID card at the University of Calgary, Canada is used by students for an array of daily activities from security identification to gym access, and future plans are to expand the system even further, according to a student newspaper.

Colleges enable campus IDs for ATM debit transactions, California

Students at UC Davis and California State University, Sacramento now have the ability to link their campus ID cards to US Bank and Wells Fargo, respectively, according to the Sacramento Bee.

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New Jersey seeks to regulate on-campus credit card solicitations