GiftLogic and Magento eCommerce Integrate POS Software

GiftLogic and Magento eCommerce Integrate POS Software

GiftLogic Point of Sale (POS) software has added support for Magento eCommerce within its interface. The combination of GiftLogic and Magento eCommerce software allows retailers to quickly create an online store that can be managed within the GiftLogic POS software. Once connected, retailers can export their web items from GiftLogic to their Magento store. This…

BofA CC Portfolio Growth Impaired; Risk Metrics Solid

BofA CC Portfolio Growth Impaired; Risk Metrics Solid

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The nation’s second largest Visa and MasterCard issuer, Bank of America (BofA), to be unseated by Capital One in 2016, continues to struggle with sluggish outstandings (OUT) and purchase dollar volume (PDV) growth, but other metrics, especially credit risk management are above peer group averages Year-On-Year (YOY). Pre-tax net income edged…

NXT-ID Ankles COF Executive to its Advisory Board

NXT-ID Ankles COF Executive to its Advisory Board

FL-based NXT-ID has ankled Gregory Johnson, Head of Business Relationships for Capital One, to its Advisory Board of Directors. Prior to joining Capital One, Gregory spent 17 years at American Express Company working in Consulting Services, Business Travel, Commercial Card, and the OPEN Small Business brand forming strategy and architecting large client facing teams to…

Chase 1Q/16 Mixed Bag: PDV-OUT-DEL-OUT-Attrition Up

Chase 1Q/16 Mixed Bag: PDV-OUT-DEL-OUT-Attrition Up

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] After a credit card bruising in 2015, Chase, the nation’s largest bank credit card issuer, rebounded in the first quarter (1Q/16) as outstandings (OUT) and purchase dollar volume (PDV) entered positive territory. However, delinquency (DEL) and charge-offs (CO) edged upward both Year-On-Year (YOY) and sequentially (QTQ). Furthermore, the account base remains…

BRIEFS – FINPAY; STARMOUNT; PERFORMLINE; and ULTRA

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] In Other News: FINPAY (conference); STARMOUNT (Aurus); PERFORMLINE (MMSP); and ULTRA (Bitcoin). FINPAY – FinPay has been selected to present at the 2016 Angel Venture Fair as one of America’s top startups. As the oldest angel venture conference in the Mid-Atlantic region, the Angel Venture Fair is the annual consortium of…

Gemalto Secures China UnionPay’s New Wearables

Gemalto Secures China UnionPay’s New Wearables

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Gemalto has provided a secure element based applet for smart wearables launched by China UnionPay (CUP). Smart wearable devices are gaining popularity globally, with total shipments expected to surpass 200 million in 2019. CUP had launched smart wearables with embedded secure elements based payment applications last year. The payment applet runs…

Heartland Stockholders Approve GPN Merger

Heartland Stockholders Approve GPN Merger

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Heartland Payment Systems (HPY) stockholders overwhelmingly voted to approve the proposed merger with Global Payments (GPN). About 29.7 million shares were voted in favor of the merger proposal. The favorable vote represents approximately 99% of the total Heartland shares which voted on the merger proposal and 80% of the total outstanding…

Top 3 Emerging Trends for U.S. EMV POS Terminal Market

Top 3 Emerging Trends for U.S. EMV POS Terminal Market

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] A new market research study identifies the following three emerging trends expected to propel the growth of the EVM POS terminal market in the US: shift toward cloud-based solutions; big data management; and need for effective information management. The Technavio “EMV (Europay, MasterCard and Visa) POS terminal market in the US”…