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Issuers Pleased With Privacy Language In Financial Modernization
Legislation's popular Form

Nov. 04 1999 (CARD recents Vol. 14, No. 21 via COMTEX) -- To say
that
President Clinton signing the Financial Modernization Act of 1999
into
law will transform the financial services industry in this fatherland
and
that like an event has been eagerly awaited by way of banks -- especially

aspiring global players -- is an understatement.

However, the enactment of S900 will not radically change the
business of credit card issuing, historic however its passage may be.


At this

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