Atlanta-based FleetCor Technologies reported total revenues increased 47% to $376.7 million compared to $255.5 million in the fourth quarter of 2013. Comdata, which was acquired on November 14, 2014, contributed approximately 27 percentage points of the revenue growth in the quarter, or $70 million to the fourth quarter of 2014.
Half of mobile internet users have used a mobile device to make a major financial purchase, such as getting a mortgage, buying a car or investing in stocks. Consumers most likely to have made a large transaction on their mobile device were between the ages of 30 and 49 (58% have done so).
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Discover “FICO Twins” television ad.
The international web hosting service provider Host1Plus has announced a partnership with Coinzone for Bitcoin payment integration, big news.
American Express continues to lose U.S. marketshare to Visa (VS) and MasterCard (MC) in the fourth quarter, with MC doing the most damage gaining 80 basis points (bps). Discover continues to maintain its 2.5% marketshare in U.S. Gross Dollar Volume (GDV).
Computer Services has enhanced its WatchDOG watch list screening applications to align with recently released regulations from the Office of Foreign Assets Control (OFAC) that target the Crimea region in Ukraine.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Sam Esfahani SVP, Chief Information Officer of PSCU.
Atlanta-based Axiologix has completed definitive agreements to acquire International Money Management. IMM markets a U.S. issued prepaid debit card that is uniquely affiliated with a distinctly independent foreign bank debit card, allowing money to be transferred to the foreign country via a “person-to-person” conveyance.
DHgate, a major e-commerce marketplace focused on cross-border trade of Chinese goods, announced it has launched a new service for Shopify members, enabling over 140,000 entrepreneurs and small-to-medium businesses (SMBs) in more than 150 countries with access to Chinese manufacturers and suppliers.
A new solution has emerged enabling companies to fund and track corporate expenses by their employees through a convenient, cloud-based expense management system.
WI-based Fiserv reports GAAP revenue was $5.07 billion compared with $4.81 billion in 2013. Adjusted revenue was $4.74 billion for the full year compared with $4.55 billion in 2013, an increase of 4%.
FICO is making additional versions of the FICO Score available to consumers. Anyone who buys a product with a base FICO Score 8 from myFICO.com now also receives up to 10 additional FICO Score versions ” five based upon Equifax data and five based upon Experian data.