PCI Security Standards Council Logo

eMazzanti Technologies Earns PCI QIR Validation

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] NYC-based eMazzanti Technologies retail IT consultant and managed services provider, is now one of a limited number of organizations qualified to help retailers meet the approaching VISA-mandated requirement that level 4 merchants use only PCI validated QIR professionals to implement, integrate, maintain or service their integrated POS systems. Company leadership explained…

China Minsheng Bank Goes FICO Instant Approval

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] China Minsheng Bank has created an online credit card application decision program that allows customers to apply using either online or mobile channels and receive an instant approval decision. Since implementing the FICO solution, a little over a year ago, the bank has received over 3.5 million applications for credit cards…

Citi Credit Card Profits Sag as Portfolio Stagnates

Citi Credit Card Profits Sag as Portfolio Stagnates

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Citibank North America branded credit card profits declined 19.0% and Citi retail cards declined 5.5% year-on-year (YOY) in the fourth quarter (4Q/15). Citi branded cards continue to experience no growth in outstandings and impacted by increased acquisition and rewards costs. 
 EOP outstandings declined 0.4% YOY from $67.5 billion one-year ago…

MasterCard Now Offered by All Major Canadian Banks

MasterCard Now Offered by All Major Canadian Banks

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Next week MasterCard will become the only payment network in Canada to be offered by all major financial institutions. Desjardins, a Visa issuer, is adding two MasterCards for the first time. On January 18, 2016, Desjardins will begin issuing MasterCard credit cards. Desjardins currently has a portfolio of over 5.5 million…