With mobile payments totally boosting the smartphone market, TX-based ZTE has taken it to new level. Consumers can get the latest smartphone technology and design at just $199.99 with a no-contract.
CardWeb.com’s CardData database of Company Profiles today features Denmark’s Cryptomathic.
CardWeb.com’s CardPixes database of more than 7,000 images today features the 5STAR Bank Visa.
CO-based CPI Card Group, a specialist in financial and EMV chip card production and related services, has ankled two key executives. David Brush will lead Finance, IT and Project Management Organization (PMO) activities for CPI and Lisa Jacoba will serve as Chief Human Resources Officer.
Banked consumers say financial institutions excel at providing digital access and convenience. However, in basic banking areas such as fair and transparent pricing, banks fall below consumer expectations. In fact, only one in four respondents believes a financial institution meets his or her needs in these basic trust and relationship areas.
CardWeb.com’s CardData Reports today features the Mercator Advisory Group’s latest research, An Introduction to Peer-to-Peer Lending: A European Perspective.
Paralan Kiosk now offers the add-on option to transactions customers via payment kiosks to integrate a tested and certified Battery Backup Power. The UPS allows existing transactions to complete when a power outage occurs and provides up to 30 minutes of automatic backup power depending on kiosk usage.
In today’s CardFlash News Que: AFI (MasterCard); CSI (GBTA); CHASE (homepage); and CHECKALT (First Service CU).
The eBay PayPal divorce is over and will quickly evolve into a major disruptive force in payments and e-commerce to the dismay of the payment networks. Under the leadership of former American Express executive and now PayPal President and CEO Dan Schulman the Company will likely grow at a compound annual growth rate (CAGR) of nearly 17%.
Citibank’s average yield for its U.S. retail credit card portfolio rose 11 basis points (bps) in the second quarter, compared to one-year ago, and up 4 bps sequentially. The net interest revenue (NIR), which includes some fees, also jumped by 26 bps year-on-year (YOY) for Q2/15, but down slightly from the prior quarter. Also, credit quality improved in the quarter.
eBay will not be the same without PayPal and most analysts agree they have an uphill battle long-term due to intense competition. However, eBay is expected to divest its Enterprise business in a deal valued at $925 million, according to Forbes.
New research shows about 50% of survey respondents are now shopping using a mobile device. Almost one-third are purchasing a product after seeing it on social media. Approximately one-third of survey respondents indicate that text offers would drive an incremental shopping visit. Value propositions, including free shipping, loyalty programs and personalized offers, continue to be important.