Bankrate reported third quarter revenue of $140.8 million but delivered a GAAP net loss of $23.4 million. The investment to redesign o CreditCards.com site, which went live in April, is bearing fruit as it has helped drive a record number of unique visitors to the site.
MobileRecharge.com will launch the World Top Up Day on November 10 to celebrate, for the first time in history, top up senders worldwide. The organizers announce the best offer possible for November 10: NO FEES when making a top up to a mobile abroad on Mobilerecharge.com that day.
NY-based ShopKeep, the cloud-based technology and business management solution for more than 20,000 small businesses, has ankled Michael DeSimone as the company’s new Chief Operating Officer.
Banks everywhere are responding to digitalization by integrating online banking with mobile technologies to meet the needs of customers across all channels, from tablets to smartphone users. Next week Wincor Nixdorf will be showcasing this technology its device – CINEO C2020.
Mauritius Commercial Bank (MCB) has inked a deal to enable MasterCard debit cardholders for the first time be able to make online payments in Mauritius, and internationally, effective February 2016.
Gross or open accounts (GAC) for U.S. credit cards among the nation’s four largest issuers climbed 2.0% in the third quarter to 188.0 million, compared to 184.4 million one-year ago. The growth is driven by Capital One, while Chase, Bank of America (BofA) and Citibank face year-on-year (YOY) and quarter-to-quarter (QOQ) GAC erosion.
Here it comes ” a short-term interest rate hike next month of 25 basis points for the first time since the first quarter of 2006. The prediction is based on today’s BLS report that payroll employment increased by 271,000 in October with the unemployment rate essentially unchanged at 5%.
In today’s CardFlash News Que: US BANK (ScoreBoard); CARDFELLOW (Dharma); MASTERCARD (Thailand); and ETA (TRANSACT).
FL-based Electronic Payments has acquired substantially all the assets of Exatouch Point of Sale, a PA-DSS certified cloud-hybrid point of sale software system providing customized solutions to merchants nationwide.
CA-based prepaid card specialist Green Dot reported financial reported consolidated GAAP and non-GAAP total operating revenues of $146.4 million and $146.5 million, respectively, following the major loss of MoneyPak. Green Dot generated net cash from operations of $114 million year to date.
Rewards Network has launched TrueBlue Dining in partnership with JetBlue. By dining at participating locations, TrueBlue members can earn TrueBlue points through the TrueBlue Dining program. Points are redeemable for JetBlue flights, JetBlue Getaways vacation packages, and various publications and products.
Scotiabank and Interac have launched the Bulk Interac e-Transfer for Scotiabank’s business banking customers. This service extends the Interac e-Transfer service to Scotiabank’s business banking customers by offering a streamlined, secure and cost-effective alternative to cash, cheque or prepaid card disbursements.