The latest hacking victim is TX-based Sally Beauty stores. The company says it is currently investigating reports of unusual activity involving payment cards used at some of its U.S. Sally Beauty stores.
Visa (VS) first quarter profits declined 3.0% year-on-year (YOY) or 0.5% on a currency adjusted basis (FX) to $1550 million. Global purchase volume rose 11% (FX) to $1.3 trillion and total transactions processed, by VisaNet, were 17.5 billion, an 11% increase over the prior year.
Voting from 3.2 million frequent travelers reveals the Southwest Airlines Rapid Rewards Premier Card is the top loyalty credit card in the Americas region. The annual Freddie Awards also voted American Airlines AAdvantage as the top frequent flyer program of the Year and Marriott Rewards as the top hotel loyalty programs in the Americas region.
MasterCard is taking an equity stake in First Performance to grow First Performance’s ability to offer payment card issuers and processors self-service tools for cardholders. The deal is a global extension of a license for the proprietary MasterCard In Control technology.
NJ-based Heartland Payment Systems reported Small and Mid-Sized Enterprise (SME) quarterly transaction processing volume was $20.8 billion, up 15.6% from $18.0 billion in the first quarter of 2014. Also, quarterly net revenue was $190.3 million, up 22.4% from Q1/14.