CardWeb.com’s CardConferences today features the CARDS & PAYMENTS MIDDLE EAST 2015, conference, May 12-13 at the Dubai International Convention & Exhibition Centre in Dubai.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Fábio Lenza, Vice-President of Individuals at Caixa Econômica Federal.
GE announced it intends to return its focus on making stuff instead of making consumer loans. Under the plan, GE expects that by 2018 more than 90% of its earnings will be generated by its high-return industrial businesses, up from 58% in 2014.
TriNet Marketplace, one of the nation’s largest employee benefits marketplaces, has inked a deal with Kashable, an alternative consumer lending program for employees. As part of the agreement with TriNet, Kashable loan programs are now available to all 250,000 employees of its clients nationwide.
PokitDok introduced its Health Credit Outcome (HCO) product, designed to aid qualification tools used by lending institutions, payment solutions, health systems and medical practitioners, as they make new financing options available to their customers for non-acute medical services.
Malaysia Airlines is taking-off with special deals and benefits for all MasterCard debit and credit cardholders purchasing air tickets. The deals are effective from April 13; the offers will be valid till July 13 for purchase, and the travel period extends to July 31st, 2015.
Zimbabwe’s Steward Bank has rolled-out the first MasterCards in the country. The new MasterCard World Rewards credit and debit cards are targeted at cosmopolitan customers.
The number of Visa and MasterCard credit and debit cards-in-force (CIF) in the U.S. will grow by 8.1% in 2015. Forecaster RAM Research projects 9.9% in credit CIF and 6.4% in debit CIF this year.
U.S. Visa (VS) and MasterCard (MC) credit card U.S. Gross Dollar Volume (GDV) will likely $473 billion in the first quarter. VS + MC debit card GDV will likely rise to $621 billion in Q1 says CardData
In today’s CardFlash News Que: ARIBA (Award); IOFM (Studies); CASHSTAR (Award); and NACHA (Conference).
CardWeb.com’s CardData Reports today features the “Flying Forward: What the Future Holds for Airlines and the Travel Industry” report from Airline Information, organizer of commercial airline, loyalty and co-brand card conferences across the globe.
Five of the top consumer finance companies made the Stable Rating Outlooks for this year. FitchRatings says the key ingredients are strong franchises and leading market positions, continued strong credit performance, appropriate risk-adjusted capital levels and increasingly diverse funding profiles.