Capital One (COF) continues to lead the U.S. credit card industry in outstandings and volume growth, posting a strong 11% year-on-year (YOY) gain in end-of-period (EOP) outstandings and a whopping 18% surge in Purchase Dollar Volume (PDV) for the second quarter.
A new study has found many brands are playing ‘catch-up’ to their increasingly mobile consumers when it comes to online customer service. The fast growing number of smartphone users has already created a seismic shift in the way customers choose to engage with brands and the majority of brands are struggling to adapt.
Credomatic’s credit card businesses and banking operations in the Central American countries, with the exception of Panama, CIC is positioned to have one of the strongest financial franchises in the region. The group is a leader in the credit card business, while having a dominant market share in the acquiring and issuing businesses.
A recent survey shows more than half of parents with students in grades K-12 are likely to set a budget for back-to-school expenses. College students are focused on items they need – 83% plan to reuse where possible and replenish essentials, and 63% will refer to last year’s spending as a guideline.