CardWeb.com’s CardData database of Company Profiles today features Cubic.
CardWeb.com’s CardData Reports today features the “Asia Pacific Mobile Money Industry Prospects till 2019 – China and India to Bolster Growth” report by Ken Research.
Jacksonville-based The Transaction Group (TTG) is providing free EMV terminals and PIN pads. TTG intends to provide merchants with a hi-tech EMV terminal to handle chip card transactions, as well as a customer-facing PIN pad with an EMV port so that the customer has possession of their credit card through the transaction process.
CardWeb.com’s CardPixes database of more than 7,000 images today features the Preferred Cash Rewards World MasterCard from USAA.
Ecwid has unleashed Ecwid POS-to-Online, a revolutionary new way for retailers with cloud-based point of sale (POS) systems to instantly publish products on the web and sell easily in-store and online. No matter if a customer buys a product online or offline, a merchant’s catalog, inventory, customer and transaction information always remain in sync.
In today’s CardFlash News Que: CSI (NuPoints); OPENTABLE (survey); AMEX (survey); and CREDITCARDS.com (card fees).
Citibank North America branded credit card profits declined 10% and Citi retail cards declined 12% year-on-year (YOY) in the second quarter (Q2/15). End-of-Period (EOP) outstandings also slipped 4.1% and the Citi North America branded card base shrank 4% YOY in Q2/15.
eBay’s PayPal racked up an 11.1% gain in year-on-year (YOY) accounts to 169 million. PayPal, a force to be reckoned with as it jettisons from eBay this year, is going to be a wrecking ball to the payments industry.
The nation’s second largest Visa and MasterCard issuer continues to struggle with sluggish outstandings and purchase dollar volume (PDV) growth, but credit card quality continues to improve. However, Bank of America’s signed up 1.3 million accounts in the second quarter, an 18% year-on-year (YOY) gain, the highest level since Q3/08, but yield fell 22 basis points (bps) in Q2/15.
U.S. Bank (USB), one of the nation’s largest commercial card issuers, posted a paltry 1.1% gain in year-on-year (YOY) outstandings, a weak 4.1% gain in consumer and commercial purchase dollar volume (PDV), as card income crept up a mere 2.7% YOY, according to CardData.
San Francisco-based InMobi, a mobile advertising platform has unveiled Miip, a revolutionary discovery platform that transforms advertising into moments of discovery for users and set to turn the market upside down.
U.S. prepaid cards head to a new dimension as SD-based Meta Payment Systems inks an agreement with Atlanta-based InComm. The Sioux Falls-based financial services company will become an issuing bank for InComm’s prepaid card programs.