Campus Cards, College and University Identification and Security

Cuomo fights payment card marketing on campus

Wednesday, December 1, 2010

New York Attorney General investigates credit card partnerships, deals

A statewide probe into deceptive credit card marketing practices targeting students on New York college campuses could create headaches for the credit business, but it might be good news for campus card companies.

That’s what industry leaders are hoping will follow an investigation launched in August by New York Attorney General Andrew Cuomo, says Lowell Adkins, executive director, National Association of Campus Card Users. The attorney general’s office sent letters to 300 schools statewide requesting copies of any exclusive contracts they have with credit and debit card companies.

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HSBC announced that it will begin the conversion to contactless technology this month, replacing all customer banking debit cards, according to ThinkMoney.com.

The bank will start to roll out the new contactless cards to existing customers whose debit cards are due to expire this month and then continue the process as cards expire. Customers who don’t want a contactless card can opt out by contacting their bank before their current card expires.

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Saint Joseph’s University in Philadelphia and campus card service provider CardSmith have announced plans for an expansion and upgrade to the school’s campus ID card program.

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Arkansas State University, Jonesboro, has partnered with the Discover Money Network to enable students to open an account with the university’s Student Account Services. It would be separate from their school account and can be used anywhere Discover cards are accepted.

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U.S. Bank and Oakland Community College, Bloomfield Hills, Mich., have launched a combined campus ID and prepaid MasterCard program for the school’s 78,000 students and 788 staff members.

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