With the October 2015 deadline for conversion to the EMV chip technology system less than a year away, banks and issuers are ratcheting up promotion of EMV enabled cards through enhanced customer communication and a shift in messaging within their credit card acquisition efforts.
CardWeb.com’s CardPixes database of more than 7,000 card images today features the AeroMexico Visa Secured Card. The card is issued by U.S. Bank.
Visa’s (VS) Central Europe – Middle East – Africa (CEMEA) region Purchase Dollar Volume (PDV) rose year-on-year (Y/Y) 26.4% on a local currency basis in the third quarter (Q3/2014) to US$67 billion. Based on PDV, the VS CEMEA region is growing nearly twice as fast as the runner-up Latin American Caribbean region.
MasterCard’s APMEA Gross Dollar Volume (GDV) rose 16.4% on a local currency basis to US$340 billion in Q3/14, compared to US$321 billion in Q2/14 and US$292 billion in Q3/13. Purchase Dollar Volume (PDV) rose year-on-year (Y/Y) 19.8% on a local currency basis in the third quarter (Q1/14) to US$211 billion.
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.
Discover’s Payment Services dollar volume was $80.2 billion for the third quarter of 2014, up 4% from the prior year. PULSE transaction dollar volume was up 3% year-over-year.
American Express launched a redesigned customer website, to enhance the cardholder’s digital experience by providing increased financial clarity, simplifying online payments, and providing new account and spending insights.
Equifax has formed a strategic alliance with Argus Information and Advisory Services, a Verisk Analytics business and provider of analytics, information, and solutions to consumer banks and their regulators.
Trucoin announced that customers in 26 states can now buy bitcoin using their Visa or MasterCards online, a partnership with BitPay to sponsor the Bitcoin St. Petersburg Bowl. Trucoin will be the preferred Bitcoin ATM provider at the St. Petersburg, FL event that will be broadcast to millions by ESPN.
Macy’s and Citi Retail Services announced the early renewal and long-term extension of their credit card services agreement. This new agreement, to run through March 2025, with substantially similar financial terms.
Net Element released a new version of Aptito. This cloud based, point of sale (POS) platform for the hospitality industry has been optimized for iOS 8.1 and upgraded to add many new features, including business management and analytics.
Houston-based Evolve Money, the free bill payment app for desktop and mobile devices owned by PreCash, now offers its customers the option to pay their bills with credit cards. Discover is the first credit card accepted for payment using the mobile app, with plans to support VISA and MasterCardin 2015.