The total U.S. credit card outstandings market of $884 billion at EOY 2014, rose nearly 5% YOY, with most of the robust growth coming from smaller banks and credit unions. Two of the largest issuers grabbed double digit shares: Chase with 14.4% and Bank of America with 10.4%.
In today’s CardFlash News Que: PROPAY (Quickbooks); COUPONS.COM (Apple Watch); 3PEA (PaySign); and SQUARE (email tool).
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the USAA “Bank Chip Card: 101” video.
Optimal Payments has integrated Jumio’s Netverify online and mobile ID document authentication service into its NETELLER stored value service. The deal will enable consumers to make instant and secure payments online in a variety of sectors including entertainment, gaming, retail, financial services, travel and digital content using Jumio’s ID verification technology.
New research reveals that five years after the passage of the Durbin Amendment, debit rewards programs have rebounded such that 50-60% of financial institutions in the USA are offering debit rewards in one form or another.
Virginia Beach-based StratusLIVE has unleashed its integrated mobile online fundraising software. The newest software offering from StratusLIVE is designed to allow nonprofits to seamlessly integrate charitable donations directly from the website to the StratusLIVE for Fundraisers database for flawless execution of online fundraising campaigns.
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CardWeb.com’s CardData database of Company Profiles features software solutions provider to the broadband, telecom, and utility service provider NuTEQ Solutions.
NuTEQ enables carriers to bring their customer service initiatives into the mobile era. We help you by implementing state-of-the-art mobile phone solutions that use SMS, mobile apps to deflect calls around common account questions.
NuTEQ provides not only mobile technology implementation, but also the marketing know-how and optimization expertise to ensure long-term benefits to your business.
CardWeb.com’s CardConferences today features the Wearable Tech Conference & Expo, featuring FAST (Fitness & Sport Wearable Tech Conference), July 13 – 15, 2015, at the Jacob Javits Center in New York, New York. The event’s agenda will provide attendees with new perspectives on wearable tech devices and technology.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Chris Harvey, Vice President/Client Services for YapStone.
Discover’s (DFS) financial performance will face downward pressure from a number of factors including increased competition, normalizing credit performance and heightened legal and compliance expenses this year. However, operating performance for DFS’ credit card Asset-Backed Securities (ABS) is likely to remain strong in 2015, despite a decline in net income last year.
Wright-Patt Credit Union (WPCU) members who own an Android Wear watch can now seamlessly check account balances with a flick of the wrist, without the hassle of logging-in to the mobile app. The app os powered by NCR’s Digital Insight.