American consumers are back in the buying mode after ratcheting up revolving credit by $4.3 billion or 5.9% year-on-year (YOY) in March. Total revolving credit for March preliminarily posted $889.4 billion, compared to a revised $885.1 billion for the prior month and $887.5 billion for January.
U.S. Bank’s Elavon has promoted Wally Mlynarski to senior vice president of global product and innovation. Mlynarski previously served as vice president of Elavon’s “The Grove” global innovation center, which launched in 2013 to harvest customer-centered innovation in payments and establish key partnerships with third party innovators.
Tillster is buddying with Gimbal to bring advanced, mobile location-based guest services to restaurants nationwide. Tillster will incorporate Gimbal’s geofencing, Bluetooth Smart proximity beacons, and analytics technologies into their partners’ branded mobile applications to deliver new customer location and engagement services.