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…

Verifone Point Classic & Revel iPad POS Integrated

Verifone Point Classic & Revel iPad POS Integrated

Verifone Point Classic has been integrated with Revel Systems’ iPad Point of Sale (POS) to simplify EMV acceptance and payment management for merchants. By seamlessly integrating with Verifone Point Classic, Revel allows its clients the choice to have their payment systems managed by Verifone. Combining world-class hardware and services into a flexible and robust managed…

USAT Riding High in Self-Serve NFC Small Ticket Payments

USAT Riding High in Self-Serve NFC Small Ticket Payments

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] PA-based small-ticket, self-serve specialist, USA Technologies (USAT), posted fourth calendar quarter (4Q/15) total revenue of $18.5 million, a year-over-year (YOY) increase of 44.5%. Net income sunk to a net loss of $874,000 in 4Q/15. At the end of the fourth quarter USAT had 369,000 connections, up 28% YOY. In 3Q/15 USAT reported…

V+M U.S. Credit+Debit Cash Transactions +2.0% YOY

V+M U.S. Credit+Debit Cash Transactions +2.0% YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Cash transactions (CTX) for Visa and MasterCard U.S. credit and debit cards in the U.S. grew by 2.0% year-on-year (YOY) in the fourth quarter (4Q/15). U.S. 4Q/15 credit card cash transactions were up 8.3% YOY, while U.S. debit card CTX increased 1.9%. Visa’s 4Q/15 CTX for U.S. credit cards was up…

Self-Scanning Solutions Market to Grow 10% CAGR

Self-Scanning Solutions Market to Grow 10% CAGR

The global market for handheld self-scanning/shopping solutions (hardware, software, and services) is expected to grow at a CAGR of 10% to $92M by 2020. According to a new report from VDC Research handheld self-scanning/shopping solutions are dedicated handheld barcode scanners with integrated screens and mobile self-scanning applications for consumer smartphones that are used for consumer…

RIEFS – CUBIC; CHARGENT; RAPIDVALUE; and BKASH

In Other News: CUBIC (Sydney); CHARGENT (linked2pay); RAPIDVALUE (Zervant); and BKASH (Bangladesh). CUBIC – Cubic Transportation Systems (CTS) reports a customer open payments trial will begin in Sydney, Australia in 2017, enabling Sydney to have London-style open payments ticketing technology. The trial would be a first for the southern hemisphere, providing a valuable test case…

MasterCard’s Intl Debit CIF 7X Visa’s Intl Debit CIF

MasterCard’s Intl Debit CIF 7X Visa’s Intl Debit CIF

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] International payment cards-in-force (CIF) for Visa and MasterCard increased 7.1% year-on-year (YOY) in the fourth quarter (4Q/15). International debit card CIF rose 9.1% YOY, while international credit card CIF increased 4.2% YOY. 
MasterCard’s international debit card CIF YOY is growing more than seven times Visa’s international debit CIF. International payment card…

YOOBIC; BLUEPOINT; MOOVEL; and THREATMETRIX

In Other News: YOOBIC (award); BLUEPOINT (Surety); MOOVEL (merger); and THREATMETRIX (release). YOOBIC – The Accenture Consumer Innovation Awards has selected US-based Yoobic’s mobile solution that helps brands and retailers monitor in-store execution by enabling data to flow instantly between point of sales and headquarters, giving the retailer feedback and control over in-store activities. The solution…