The payment industry earnings season kickoffs on April 14th with the release of first quarter for Chase and Wells Fargo. RAM Research’s DataDates says all of the big issuers will report over a period of seven consecutive business days in April.
CardWeb.com’s CardPixes database of more than 7,000 images today features the EqualityCard Visa issued by First American State Bank.
CardWeb.com’s CardData database of Company Profiles features debit card services provider DebitWay.
Tapingo landed a $22 million investment led by Qualcomm Incorporated through its investment arm Qualcomm Ventures. DCM Ventures, Kinzon Capital, and existing investors Khosla Ventures and Carmel Ventures also participated in the round. The company will use the funding to accelerate its expansion beyond the college market, with the goal of transforming local commerce.
CardWeb.com’s CardData database of Company Profiles features software solutions provider to the broadband, telecom, and utility service provider NuTEQ Solutions.
NuTEQ enables carriers to bring their customer service initiatives into the mobile era. We help you by implementing state-of-the-art mobile phone solutions that use SMS, mobile apps to deflect calls around common account questions.
NuTEQ provides not only mobile technology implementation, but also the marketing know-how and optimization expertise to ensure long-term benefits to your business.
NFRC Co Parent Info
Virginia Beach-based StratusLIVE has unleashed its integrated mobile online fundraising software. The newest software offering from StratusLIVE is designed to allow nonprofits to seamlessly integrate charitable donations directly from the website to the StratusLIVE for Fundraisers database for flawless execution of online fundraising campaigns.
New research reveals that five years after the passage of the Durbin Amendment, debit rewards programs have rebounded such that 50-60% of financial institutions in the USA are offering debit rewards in one form or another.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the USAA “Bank Chip Card: 101” video.
In today’s CardFlash News Que: PROPAY (Quickbooks); COUPONS.COM (Apple Watch); 3PEA (PaySign); and SQUARE (email tool).
As expected U.S. revolving consumer credit outstanding declined $3.7 billion or 5.0% year-on-year (YOY) in February as consumers cleared-off holiday debt. Total revolving credit for February preliminarily posted $884.8 billion, compared to a revised $888.5 billion for the prior month and $889.5 billion at end-of-year (EOY) 2014.
U.S. bank credit card rates edged down slightly in February, 15 basis points (bps) from the prior month of 13.68%, however the stage is set for substantial rate hikes this year due to anticipated rate hikes by the FOMC in the second half. RAM Research forecasts U.S. bank credit card rates for accounts assessed interest will hit 13.77% at mid-year, then climb to 14.24% by end-of-year (EOY) 2015.