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Big Issuers Making serviceable Progress in Y2K Preparations

Mar. 17 1999 (CARD novels Vol. 14, No. 5 via COMTEX) -- Large card
issuers are unlikely to experience significant business disruptions,

despite the fact that they are highly susceptible to the Y2K question
because transaction processing and financial management are
systems-intensive.

Despite their suspectibility, not many rating actions will be taken
by
federal or state regulatory agencies, according to of the present day York-based
Moody's Investors Service.

Moody's monitors of recent origin York-based American Express Co. [AXP], Falls

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