May 28, 2009
US Sen Seeks Data On Mystery Credit Card Charges
A top Senate lawmaker has launched an investigation into electronic marketing practices that can generate unwanted monthly charges on consumers' credit cards.Senate Commerce Committee Chairman John Rockefeller, D-W.V., is demanding data from two leading marketing companies that acquire consumers' billing information through agreements with popular online retail sites like Fandango, Orbitz Worldwide Inc. (OWW), and Priceline.com Inc. (PCLN).
[…]The committee also is seeking information on how the marketing companies so easily acquire customers' credit card information. Rockefeller has asked the two companies for any written instructions they follow on transferring customers' data and all communications with banks or credit card companies.Source - Wall Street Journal Reddit It | Digg This | Add to del.icio.usTrackback uri
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