Alliance Data Profits is Skyrocketing Post 150%+ YOY Gains

Alliance Data Profits is Skyrocketing Post 150%+ YOY Gains

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Dallas-based Alliance Data Systems reported fourth quarter (4Q/15) revenue increased 16.9% year-on-year (YOY) to $1749 million. Net income skyrocketed 157% to $172 million for 4Q/15. For the fourth quarter Card Services revenue rose 20% to $785 million; Epsilon revenue increased 38% to $608 million; and LoyaltyOne revenue decreased 9% to $364 million,…

MoneyGram Turns the Corner to Positive TX Growth

MoneyGram Turns the Corner to Positive TX Growth

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] After repositioning its U.S. to U.S. business following the loss of the Walmart account MoneyGram continues to turn the corner in the fourth quarter (4Q/15). MoneyGram total revenues climbed 7.8% year-on-year (YOY) to $376.7 million. However, net income fell sharply by 75.2% YOY to $2.6 million. MoneyGram notes it posted double-digit…

Intl Debit Pushs Purchase Transactions 18% Higher

Intl Debit Pushs Purchase Transactions 18% Higher

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] International purchase transactions (PTX) for Visa and MasterCard credit and debit cards grew by 17.6% year-on-year (YOY) in the fourth quarter (4Q/15). International PTX for credit cards increased 11.9% YOY while international PTX for debit cards soared 27.4% YOY in 4Q/15. In the fourth quarter gross international payment card PTX for…

V+M Intl GTX Running Strong Driven by Debit Products

V+M Intl GTX Running Strong Driven by Debit Products

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] International gross transactions (GTX) for Visa and MasterCard credit and debit cards grew by 16.9% year-on-year (YOY) in the fourth quarter (4Q/15). International GTX for credit cards increased 11.3% YOY while international GTX for debit cards soared 19.5% YOY in 4Q/15. 
In the fourth quarter gross international GTX for Visa and…

Wincor Nixdorf Profits Surge as Diebold Deal on Track

Wincor Nixdorf Profits Surge as Diebold Deal on Track

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Germany’s Wincor Nixdorf reports a 48% year-on-year (YOY) surge in profits for the fourth calendar quarter (4Q/15). Revenues climbed 13.6% YOY in 4Q/15 or 12.0% when adjusted for local currency (FX). The proposed merger with U.S.-based Diebold continues on track. Revenues for 4Q/15 were €727 million, compared to €640 million for…

FleetCor North American Transactions Rock-n-Rolling

FleetCor North American Transactions Rock-n-Rolling

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] GA-based FleetCor Technologies (FLT), a major provider of fuel cards and workforce payment products to businesses, reported total revenues increased 14.3% year-on-year (YOY) for the fourth quarter (4Q/15) as net income declined sharply by -51.8% YOY, due to two one-off expenses. North America transactions soared 57.7% YOY while international transactions declined…

Big 6 Issuers Struggle with Stimulating Inactive Accounts

Big 6 Issuers Struggle with Stimulating Inactive Accounts

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. bank credit card active accounts (AAC) (accounts with sales activity), among the top six U.S. issuers, slipped 2.5% year-on-year (YOY) in the fourth quarter (4Q/15). Capital One was the only issuer to post a positive YOY AAC gain in 4Q/15. Citibank had the sharpest decline. There were 157.5 million active…

Western Union Slips a Tad; U.S. Outbound Remains Strong

Western Union Slips a Tad; U.S. Outbound Remains Strong

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Western Union (WU) fourth quarter (4Q/15) GAAP revenues, on a currency adjusted basis (FX), declined 1.3% year-on-year (YOY), while GAAP net income slipped 4.2% YOY. WU consumer-to-consumer (C2C) GAAP revenues FX declined 1.7% YOY, while consumer-to-business (C2B) GAAP revenues FX declined 5.8% YOY WU reported total GAAP Revenues FX of $1453.9…

Seamless Revenues Up 39% YOY; Struggling with SEQR

Seamless Revenues Up 39% YOY; Struggling with SEQR

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Sweden-based Seamless posted fourth quarter (4Q/15) net revenue of SEK 78.9 million, an increase of 39.2% year-on-year (YOY). Net revenues for SEQR business division rose 7.3% YOY to SEK 2.05 million. The Seamless operating loss declined from SEK 50.8 million in 4Q/14 to SEK 32.8 million for 4Q/15. The SEQR operating…

Top 4 Issuers Eke Out US CIF Growth Thanks to COF

Top 4 Issuers Eke Out US CIF Growth Thanks to COF

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. Credit Cards-in-Force (CIF) among the Top 4 issuers edged up by a mere 1.0% year-on-year (YOY) at the end of the fourth quarter (4Q/15) to a largely estimated 232.9 million cards.  
Capital One blew the other three top issuers away in the fourth quarter, as the only issuer with positive…