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No agency would be able to work with an issuer for more than six years in a row.
But the Sarbanes-Oxley Act required that company managements publish in annual reports an assessment "of the internal control structure and procedures of the issuer for financial reporting".
Capital One, another big issuer, for example, has aggressively shut down inactive accounts and reduced customer credit lines by 4.5percentt in the second quarter from the previous period, according to regulatory filings.
A credit card issuer, for instance, could ask Acxiom to help aim a campaign for elite-level cards with concierge services at people above a certain income who live in certain suburbs or drive luxury cars.
[C3.] British Bank to Buy a U.S. Credit Card Issuer HSBC Holdings, the British bank, said it planned to buy the Metris Companies, an independent credit card issuer, for $1.59 billion in the third acquisition of a credit card company in the past few months.
A single indecipherable signature on a stolen credit card, with no other proof of identity, will secure several hundred pounds' worth of goods without a second glance from most shop assistants.Last week a well-known writer was ticked off by her card issuer for breaching her credit limits.
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Swipe fees have been a source of simmering hostility between merchants and card issuers for years.
But merchants are usually obliged to reimburse credit card issuers for the actual cost of the goods sold.
Airline miles and similar benefits can be bought in bulk by card issuers for a fraction of their cash value.
Unlike Moody's and Standard & Poor's, Mr. Egan's agency takes fees from investors, not issuers, for its research.
Despite the financial crisis, the UK capital markets (for sterling bonds by UK issuers for UK institutional investors) have remained remarkably resilient.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com