CardWeb.com’s CardConferences today features the PayThink Conference at The Cosmopolitan in Las Vegas, September 28-30.
In today’s CardFlash News Que: SYNCHRONY (Mills Farm); GIESECKE & DEVRIENT (HCE); XACTLY (eWAY); and MASTERCARD (EMV).
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Bank of America Cash Rewards Card TV commercial, “Discover” featuring Sig Hansen.
Humboldt Merchant Services is funding Operation Underground Railroad (OUR) and Vista Maria. These two world-class organizations are dedicated to the eradication of human trafficking and sex slavery.
CardWeb.com’s CardData Reports today features the Cards and Payments Industry in Brazil report by Timetric.
MS-based Renasant MasterCard debit cardholders now have access to payments through Apple Pay. When paying for goods and services within apps, Apple Pay is compatible with iPhone 6, iPhone 6 Plus, iPad Air 2 and iPad Mini 3.
In today’s CardFlash News Que: OBERTHUR (blog); THREATMETRIX (awards); CASHSTAR (speaker); and HEARTLAND (speaker).
The average yield among the nations’s top six bank credit card issuers came in at 11.16% for the second quarter. Capital One (COF), the nation’s fastest growing major credit card issuer, again posted the highest yields, besting the average by 279 basis points (bps) in the second quarter, according to CardData
American consumers continue in the solid buying mode after ratcheting up revolving credit by $4.5 billion or 7.4% year-on-year (YOY) in June. Total revolving credit for the fourth quarter stood at $890.0 billion, compared to $890.9 billion for the first quarter and $906.5 billion in the second quarter 2015.
Overall, parents anticipate spending an average of $1,239 this back-to-school season, up 8% from 2014, and up 24% since 2011. Technology for classroom use is a significant contributor to the added costs, with 82% saying their children use tech for learning (vs. 77% in 2014), including the following:
There are universal truths about the technology and safety behind electronic payments, in contrast to everyday misperceptions. MasterCard has traced some common myths about cashless payment solutions, and has ‘busted’ them with the truth, to help provide peace of mind.
American Express has become the first major U.S. Corporate Card portfolio to be activated for Apple Pay. American Express added Apple Pay for Consumer Cards and OPEN Small Business Cards in late 2014.