New research shows the majority of U.S. consumers support newer methods of calculating credit scores and that most Americans also support competition among developers of credit scoring models.
Fiserv and Early Warning have partnered to expand the availability of real-time capabilities in the U.S. The partnership will initially facilitate real-time bill payment and deposit capabilities for users of the NOW Network from Fiserv or the good funds network from Early Warning.
American Express and Airbnb announce a first-of-its-kind tech integration that enables U.S. Card Members to quickly and seamlessly sign up for Airbnb and book stays at close to 2 million listings around the globe.
MasterCard’s (MC) Asia Pacific – Middle East – Africa (APMEA) region Gross Dollar Volume (GDV) FX-adjusted inched down in the third quarter to a year-on-year (YOY) gain of 14.0%, compared to 15.2% in the prior quarter and 17.0% in the year ago quarter.
Visa’s (VS) Central Europe – Middle East – Africa (CEMEA) region Gross Dollar Volume (GDV) FX-adjusted picked up in the third quarter to a year-on-year (YOY) gain of 9.3%, compared to 7.3% in the prior quarter and 11.0% in the year ago quarter.
The average yield among the nations’s top six bank credit card issuers came in at 11.24% for the third quarter, compared to 11.27% for 3Q/14. Capital One (COF), the nation’s fastest growing major credit card issuer, again posted the highest yields, besting the average by 311 basis points (bps) in the third quarter, according to CardData.
Again driven by Visa’s electric performance in the third quarter with net income rising 41%, payment card profits for the top four networks rose 7.2% in the third quarter, compared to one-year ago. Visa, MasterCard, American Express and Discover reported a combined 3Q/15 profit of $3883 million, compared to $3621 million for 3Q/14.
In today’s CardFlash News Que: FIS (Landmark); NCR (Tropic); ACI (roundtable); and GLORY (ATS).
Oregon’s Azuga Insight mobile application is now here as well as the addition of four exciting new features to its suite of value-added services for participants in OReGO, the nation’s first pay-by-the-mile program that was launched this summer by the Oregon Department of Transportation (ODOT).
New research shows 63% of U.S. credit/debit cardholders who use coupons say they most frequently present coupons from newspapers, mailings and other paper products.
New research shows U.S. retailers customer service mistakes made with Cyber Monday online shoppers could lead to significant in-store sales losses in the 2015 holiday gift-buying season.
ShopSocially and FSAstore.com have teamed to launch its FSA rewards program. Powered by ShopSocially, the program aims at offering loyalty awards to customers not just for purchases, but for all-round engagement.