The 30+ day delinquency ratio continues to hover at a 25+ year low and charge-offs for the past two quarters hit the lowest level since 1986. However, both metrics may be headed higher this year as Q3 and Q4 metrics among the biggest issuers uptick.
ZF Electronic Systems Pleasant Prairie has unveiled the new CHERRY G80-7040LUVEU-2, an EMV Level 1 POS keyboard which serves double-duty by handling current and new credit card technologies.
Tampa-based A-lign has expanded its international presence by offering Payment Card Industry Data Security Standard (PCI DSS) assessments in Canada. This adds to A-lign’s global resume which includes performing security audits in countries including France, the United Kingdom, Costa Rica and India.
In today’s CardFlash News Que: TOUCHSUITE; PAYMENTVISION; INTUIT; AND BIGCOMMERCE.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Barclays “Personalized Visa Debit Card ” TV ad from 2012.
DebitWay’s new Turnkey service offer promises to take eMerchants and their electronic businesses to the online payment processing Promised Land, from beginning to end.
With more than two-thirds of all purchases made with payment cards and $20 trillion in credit card transactions expected for 2015, security has become a top priority for organizations that accept credit cards. However, nearly 80% of all businesses fail their interim PCI compliance assessment.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Kyung-Hye Chun, Head of the Corporate Service Group of BCcard.
A new app makes it possible to transfer between currencies and across borders using a wearable device for the very first time. WorldFirst.com’s new free Money Transfer app is available to wearers of the Samsung Gear Live, Motorola Moto 360, LG G Watch R and Sony SmartWatch 3.
The deep freeze of the Northeast this winter had a dramatic impact on consumer spending in January and February. Boston merchants showed a drastic drop of 6.2% in overall spending during this period of historic blizzards.
Hanoi-based Bank for Investment and Development of Vietnam Joint Stock Company (BIDV) has started accepting JCB card in Vietnam. BIDV becomes JCBI’s 10th partner financial institution and provides card acceptance at their 15,000 accepting locations to all JCB cardmembers issued in Vietnam as well as 16 other countries out of Vietnam.
The European Parliament this week voted overwhelmingly to cap the interchange fees for credit and debit cards. Effective October 1st, interchange fees will be capped at 0.2% of the transaction value for consumer debit cards and at 0.3% for consumer credit cards.