CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the NXT-ID ”Wocket Smart Wallet” TV ad from 2014.
Atlanta-based Bluefin Payment Systems has teamed with PCI University to provide an educational PCI compliance suite to Bluefin’s U.S. and Canadian merchant base.
MD-based StayNTouch has inked another client for its hotel software solutions. Great Wolf Lodge in Williamsburg, Virginia will use the Company’s cloud PMS Mobile Overlay Platform.
The nation’s second largest issuer, Bank of America (BofA), has slowly recovered from the “Great Credit Meltdown” of 2008-2009. BofA’s End-of-Year (EOY) U.S. credit card outstandings have produced a compound annual growth rate (CAGR) of -8.25% between 2009 and 2013, according to CardData.
Discover’s U.S. Purchase Dollar Volume (PDV) is growing 4.7% annually. slower than its peer group, however Discover is outpacing the top Visa and MasterCard in outstandings growth. RAM Research forecasts Q1/15 U.S. PDV will slightly exceed $27 billion.
Most bank fraud involves the use of false or anonymous identities. The growing concern however, lies with cybersecurity, as respondents named virus/malware installation and Distributed Denial of Service (DDoS) attacks as two of the top three fraud-related threat
Bankrate reported commissions for signing up new credit cardholders for issuers of $60.1 million for the fourth quarter, compared to $62.8 million in the prior quarter. Total revenue for Q4/14 is approximately $136.5 million.
Through TouchSuite’s Gift Card Exchange (GCE) merchants of TouchSuite’s Lightning Payment solution may now accept the gift cards of more than 100 top brands as a form of payment from their customers.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Talbott Roche, President of Blackhawk Network.
While the Chase credit card portfolio has consistently posted robust purchase dollar volume (PDV), outstandings declined between 2009 and 2013, with a compound annual growth rate (CAGR) of -1.24%, according to CardData. However, Chase turned the corner last year with a 2.5% year-on-year (YOY) gain.
American Express global Purchase Dollar Volume (PDV) is growing 5.9% annually, compared to an average of 6.7% for its peer group: the four top U.S.-based networks. RAM Research forecasts Q1 global PDV will slightly exceed $253 billion.
Visa has embarked on a 20-city tour to educate small businesses and consumers EMV. Visa is also hosting webinars and recently launched an online toolkit to help U.S. businesses make the EMV transition.