JCB PREMO to Analyze Payment Traffic Patterns

JCB PREMO to Analyze Payment Traffic Patterns

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] JCB says it will analyze traffic patterns and payment data of international visitors to Japan by providing information on shopping, drinking, eating, and special offer services and by giving visitors a card type coupon, JCB PREMO, with a value of 1,000 yen in order to promote purchases. JCB will start a…

BlueSnap’s Checkout Conversion Calculator Rocks

BlueSnap’s Checkout Conversion Calculator Rocks

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] BlueSnap is launching The Checkout Conversion Calculator to help retailers identify the points of friction that create a loss of sales. eCommerce now accounts for as much as 10 percent of all retail sales, but merchants are putting as much as 42% of their online sales at risk by making it…

Javelin Logo

U.S. ID Fraud Victims a Mixed Bag in 2015

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The number of identity fraud victims increased by three percent (13.1 million consumers) in the U.S. last year, but that the amount stolen decreased by six percent to $15 billion. The annual 2016 Identity Fraud Study by Javelin also found the rise of EMV has already had a significant impact on…

Alexander N.M. Niejelow

MC Ankles Niejelow as SVP/Public Policy

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MasterCard has ankled Alexander N.M. Niejelow as a senior vice president of public policy, effective February 8th. In this role, he will drive policy efforts in the areas of cybersecurity and global data management, while also leading the company’s industry partnerships on technology policy issues. In these efforts, Niejelow will work with members…

Cap One US Card Profits Up 5.5%; Metrics Weakening

Cap One US Card Profits Up 5.5%; Metrics Weakening

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Capital One (COF) continues to lead the U.S. credit card industry in outstandings and volume growth, posting a strong 13% year-on-year (YOY) gain in end-of-period (EOP) outstandings and a whopping 18% surge in Purchase Dollar Volume (PDV) for the fourth quarter as other metrics are concerning. As the most U.S. inclusive…

Wells Fargo Card Portfolio Up but Charge-Offs Higher

Wells Fargo Card Portfolio Up but Charge-Offs Higher

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Wells Fargo credit card third quarter outstandings were up 15.3% year-on-year (YOY) to $34.0 billion reflecting new account growth and growth in private label and co-brand outstandings. Purchase Dollar Volume (PDV) grew 12% YOY in 4Q/15. For the Fourth quarter, Wells posted $18.9 billion in PDV, compared to $18.3 billion in…

Wirecard Card Powers FromMe2You Gift Card

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Wirecard Card Solutions is now the card issuer of the new ‘FromMe2You’ Gift Card, offered by the Irish Program Manager The Gift Card Company. This multi-store gift card can be purchased online at www.me2you.ie or in store at participating Topaz stations nationwide and has the backing of over 3,000 of Ireland’s…

Electronic Commerce International Ready for Prime-Time

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Electronic Commerce International (ECI), a registered provider of data security and secure, reliable Visa and MasterCard credit card processing for businesses, unveils ECI Consumer Finance, its new multi-lender, credit based and no-credit based (retail, brick and mortar businesses only) online platform consisting of over twenty lenders. Lenders can be mixed and…

Credit Karma Reaches 50 Million Member Milestone

Credit Karma Reaches 50 Million Member Milestone

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Credit Karma announced has signed up its 50 millionth member, a major milestone that gives the online personal finance platform insight into more than one-fifth of America’s total household debt. Credit Karma’s 50 million-strong member base accounts for 22% of all Americans with a credit profile in the United States, who…

Service Biz & Middle Market Scrutinized by AXP & DNB

Service Biz & Middle Market Scrutinized by AXP & DNB

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The burgeoning service economy is significantly outpacing more traditional industry sectors in its rate of business growth among middle market companies, according to the Middle Market Power Index: Exploring Generational Changes in Middle Market Industries from American Express and Dun & Bradstreet. While manufacturing and wholesale trade continue to remain key…