American Express global Gross Dollar Volume (GDV) is growing 3.3% annually, compared to an average of 1.6% for its peer group: the four top U.S.-based networks, according to CardData. RAM Research forecasts Q2 global AmEx GDV will slightly exceed $276 billion.
Discover’s credit card outstandings will likely top $55 billion for the second quarter according to forecaster RAM Research. CardData says Discover’s credit card outstandings continued strong in the first quarter rising 5.1% as Purchase Dollar Volume (PDV) rose 2.7%, year-on-year (YOY).
Gross Dollar Volume (GDV) for debit cards among Visa’s international regions dropped sharply in the first quarter to 9.5%, compared to 11.9% in the year ago quarter on a currency adjusted basis (FX), according to CardData. RAM Research projects the year-on-year (YOY) growth in Q2/15 will rise 40 basis points (bps).
Gross Dollar Volume (GDV) for debit cards among MasterCard’s international regions declined in the first quarter to 20.8%, compared to 22.9% in the year ago quarter on a currency adjusted basis (FX), according to CardData. RAM Research projects the year-on-year (YOY) growth in Q2/15 will rise 60 basis points (bps).
National Payments Corporation of India (NPCI) and JCB International (JCBI) have inked a deal for acceptance of JCB card at all NPCI acceptance locations under the NPCI network, which has 1 million card merchants and 200,000 ATMs across India.
Apriva and Amano McGann have inked a partnership to offer EMV to parking payment systems nationwide. Apriva will be enabling integration of their EMV-ready Apriva Gateway into Amano McGann’s parking solutions for both attended and unattended parking systems across their network of more than 5,000 locations.
CardWeb.com’s CardData database of Company Profiles today features Virgin Money.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Brad Fauss of the Network Branded Prepaid Card Association.
U.S. Bank’s Elavon, provider of payment solutions has inked a multi-year agreement with Wyndham Hotel Group to integrate secure payment technology for approximately 4,500 of the company’s more than 7,600 hotels over the next 18 months.
Bank of America’s mobile banking platform has more than 17 million active users and growing at a rate of approximately 5,000 users per day. During the first quarter of 2015, mobile banking customers logged into their accounts more than 625 million times, or almost 40 times per user.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Citi Double Cash TV Spot.
CardWeb.com’s CardData Reports today features the Global Mobile Money Services 2015 report from WiseStrokes.