Experian is now now offering its members FICO Scores through its direct-to-consumer products. The FICO Score is front and center as the first in a series of new Experian product enhancements that will be integrated over the next 18 months.
HyprKey is unveiling its patent-pending HYPR-3 biometric mobile wallet app this week at the 2015 International CES in Las Vegas. HYPR-3 is an open protocol for biometric authentication.
CardWeb.com’s CardData financial database projects Visa and MasterCard U.S. Payment Dollar Volume (PDV) will top $1 trillion for the first time in the second quarter of 2015. Currently, U.S. credit card PDV is growing 10.9% annually, U.S. debit card PDV is expanding 7.6% annually.
NY-based ISO iPayment, serving 153,000 U.S. merchants, completed exchange offers and consent solicitations in the amount of $509 million. The move will significantly reduce debt and improve cash flow.
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.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Todd Wilkinson, President and Chief Executive Officer of Datacard Group.
Visa (VS) and MasterCard (MC) Global Gross Dollar Volume (GDV) will likely increase 8.3% in the fourth quarter to $3189 billion. CardData projects U.S. GDV will come in at $1122 billion and International GDV will come in at $2067 billion.
Total spending on general purpose credit cards will likely approach $3.0 trillion in 2015 and may top $4.0 trillion by 2019, according to CardData. Next year will be a major transitional period as the U.S. goes EMV and global NFC takes shape.
Fidelity credit cardholders directing their cash rewards into a Fidelity account will average $1,476 in cash rewards in 2014. If they earn a similar sum each year and direct the cash towards a 529 college savings account every year for 18 years, the total rewards accumulated could exceed $26,000, without even factoring in potential compound annual growth.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Kim Fitzsimmons, U.S. Market President for Chase Merchant Services.