The number of open U.S. credit card accounts among the top four issuers was essentially flat for all of 2014, rising 0.6% year-on-year (Y/Y), but declining 0.6% quarter-to-quarter (Q/Q). While the top two issuers lost ground last year, Capital One is the only issuer with real account growth.
Equifax has opened up its treasure trove of consumer credit statistics drawn from its consumer credit database of more than 210 million consumers. Investors will now have access to a special subset of data from the company’s National Consumer Credit Trends Report.
High risk credit card processor Netcom PaySystem has launched a new website geared specifically toward those who are considered medium or high risk, are high-volume industries, have owners with poor or bad credit or are in need of an international processing account.
MD-based Merchant Link will use Bluefin’s Decryptx PCI-validated Point-to-Point Encryption (P2PE) Solution to enterprises and retailers utilizing Merchant Link’s TransactionLink middleware for EMV and contactless payment acceptance on integrated POS (iPOS) systems.