Dallas-based private label credit card specialist Alliance Data Systems (ADS) reports delinquency and charge-offs declined again in November. The trend mirrors the bank credit card market.
CardTrak.com reveals an online scheme luring consumers with “free” access to their credit scores was turns out is was anything but free as the consumer was then billed a recurring fee for a credit monitoring program they never ordered.
Visa and MasterCard International Payment Dollar Volume (PDV) passed the $1 trillion milestone in the third quarter and will likely top $1.3 trillion by the end of 2015. Currently, International credit card PDV is growing 9.5% annually and International debit card PDV is expanding 16.5% annually.
Bank credit card delinquency among the Top 100 U.S. banks continue to decline in the third quarter to 2.16%. The ratio is the lowest in more than 25 years, down 26 basis points (bps) from one year ago, down 65 bps from two years ago and down a stunning 447 bps from five years ago.
CT-based NXT-ID makes its new smart wallet official this week at the CES. This marks the first time that the general public will be able to see and experience Wocket.
CardWeb.com’s CardPixes database of more than 7,000 images today features the Capital One Playstation Visa.
Anyone worth their salt in the payments arena is aware of the patent troll threats. Dubious patents to extract fees from banks, credit card companies, financial institutions and other payment technology providers are a constant threat.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Paul Rasori, Executive Vice President, Product and Marketing of PowaPOS.
Bonita Springs, FL-based CSI globalVCard has added a mobile payment app for Android users. This latest product development effectively doubles the potential customer base for globalVCard.
PA-based Dynamics is set to unveil the first and only functional interactive payment card January 6th at the Las Vegas CES event. Dynamics produces and manufactures intelligent powered payment cards and advanced payment platforms.
San Jose-based ThreatMetrix says its Network stopped more than 11.4 million attempted fraudulent transactions during the 2014 holiday shopping season. The Network analyzes more than 850 million monthly transactions, and protects more than 210 million active user accounts across 3,000 customers and 15,000 websites.
AZ-based Electronic Commerce International (ECI) has introduced a multi-layered suite of security and compliance services built to safeguard businesses against fraud, credit card data security breaches and to assist with PCI compliance.