American Express International Card Services reported third-quarter net income of $142 million, unchanged from a year ago. Gross Dollar Volume for the International unit in the third quarter rose 4% to $33.9 billion.
Payments volume for Diners Club International rose 3% year-on-year and flat sequentially in the third quarter. Gross Dollar Volume posted at $6.78 billion in Q3/14, compared to $6.73 billion in the prior quarter and $6.55 billion one-year ago.
Atlanta-based InComm reports PayPal will utilize the InComm Digital Solutions platform to support PayPal’s digital gifts services. IDS will enable PayPal to expand the number of retailers’ gift cards that it sells real-time on the PayPal digital gifts and on eBay.
USA Technologies (USAT) reported a 31.4% increase in transaction volume for the third quarter, up 31.4% over one-year ago. Total revenue of $12.3 million, represented a year-over-year increase of 21.0%.
Diamond Resorts International has teamed with Barclaycard US, announced to launch the new Diamond Resorts MasterCard. The new card will be offered to customers at the point of sale at all vacation ownership sales centers throughout the United States.
The vast majority of Indian consumers (88%) but fewer than half (45%) say retailer data have read or heard about major retailer data breaches in the past year, breaches have increased their concerns about their personal data privacy during the same period. The majority (46%) characterize the way they manage data privacy on connected devices they own as Take-Charge rather than Reactive (39%) or Passive (15%).
Spending growth for all card types (credit, PIN and SIG debit) experienced a healthy increase in October. Dollar volume growth of 5.5% on credit outperformed both SIG and PIN debit growth of 2.1% and 2.5%,
AltaPay, a payment management company based in Copenhagen, has joined the NetSuite SuitePayments program to offer businesses payment options when using NetSuite’s SuiteCommerce platform.
Dallas-based Calpian has successfully enabled Apple Pay for its merchant customers as they respond to growing consumer interest in the new mobile payment service. In the process of updating equipment and installing Apple services, Calpian merchants report experiencing multiple benefits, including increased security and faster throughput at checkout.
The Walmart-funded Merchants Payments Coalition is hosting a briefing for members of Congress, their staffs and the press from noon to 1 p.m. Monday, Nov. 17 in room 562 of the Dirksen Senate Office Building.
CardWeb.com’s CardExecs database of card industry movers and shakers today features Jo Webber, Chairman and CEO, Founder of Oink.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the MasterCard – “Priceless Surprises” TV ad.