CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the MasterCard “Priceless Surprises: A Festive Ride With Lyft” TV spot.
Hyperwallet has repositioned itself to deliver a clearer message of its products and services, specifically: Mass Payments. The Company has updated its corporate logo, a fresh slogan, a redesigned website, and a new product line of Mass Payments Solutions.
A new study reveals if a consumers’ primary bank were to install more ATMs and self-service kiosks for no-envelope deposits, more consumers indicate they would be inclined to use the self-service method (36%) than would still only use the teller (30%).
Chuck Fagan is returning to PSCU after a two-year stint at
the Credit Union Executive Society (CUES). Acting CEO Tom Gandre will return to his role as Executive Vice President and Chief Operating Officer on April 27 when Fagan takes the reins.
NJ-based TD Bank has introduced a new general purpose reloadable Visa bank card. The launch marks the bank’s second reloadable prepaid card. TD has 8 million U.S. customers.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Vicki Lawrence, Chief Operating Officer of Linqto.
When it comes to the best customer experience in the credit card industry, USAA took the top spot for the fifth straight year. Furthermore, USAA also ranked 13th overall out of 293 companies across 20 industries.
In today’s CardFlash News Que: WEX (Australia NMC); Acculynk (CNP EMV/NFC); ProfitStars (PayNearMe); and NCRA (ScoreWise).
TX-based NUSPAY is introducing a new VAS ” not Value Added Services, rather Virtual Account Solution for cashless, cardless and contactless transactions. The new product will be unveiled on April 1, 2015.
Discover’s U.S. end-of-period (EOP) credit card loans grew 5.5% year-on-year (YOY) and continues to outpace the top Visa and MasterCard issuers. Since 2009, Discover has experienced sequential growth at a compound annual growth rate (CAGR) of 5.5%, exceeded only by Capital One among the top ten issuers.
Outstandings for Citibank-branded (Citi) cards in North America continues to erode, declining 4.3% last year from $70.5 billion at EOY 2013. Since 2009, Citi’s outstandings posted a compound annual growth rate (CAGR) of -3.39%, according to CardData. Among Citi’s peers, BofA and Chase are also in negative CAGR territory.
MasterCard’s (MC) global gross dollar volume (GDV) rose 6.0% on a nominal U.S dollar basis in 2014, but currency adjusted is up 12.9% year-on-year (YOY). The European and Latin America Caribbean regions are the big drivers behind the growth. RAM Research projects MC global GDV will log in around $1110 billion in Q1/15.