CardWeb.com’s CardExecs database of card industry movers and shakers today features Steven Streit, President and Chief Executive Officer of Green Dot Corporation.
San Francisco-based CARDFREE reports it is the mobile application platform provider enabling Taco Bell’s new mobile offering launched nationwide this week.
CardWeb.com’s CardPixes database of more than 7,000 card images today features the Club Carlson Premier Rewards Visa Signature. The card is issued by U.S. Bancorp.
Silicon Valley-based Merchant e-Solutions has named payments industry veteranTom Bell as Chief Executive Officer. Bell was most recently a managing partner at Capellas Partners.
CardWeb.com’s CardWatch database of more than 57,000 marketing items including direct mail, print ads, TV ads, etc. today features the Discover – ” #1 Rewards Program” print ad from 2012.
Discover’s ATM network, PULSE, has launched a consulting service to help financial institutions analyze and improve performance in key areas of their retail banking business in an increasingly competitive marketplace.
PA-based security fraud litigators Howard Smith is reminding investors of its class action lawsuit against Bankrate which closes November 17th.
Altra Federal Credit Union, based in Onalaska, WI, has selected the Fiserv’s DNAaccount processing platform and a host of complementary Fiserv solutions.
CardWeb.com’s CardWatch database of more than 57,000 marketing items including direct mail, print ads, TV ads, etc. today features the Citibank Simplicty Visa – “Penalty Rate?” direct mail.
Among the nation’s top six credit card issuers charge-offs for the third quarter (Q3/14) of 2.49% are down 51 basis points (bps) year-on-year (Y/Y) and down 15 bps, quarter-to-quarter (Q/Q). However, the trend may reverse in the fourth quarter as delinquency took a turn North in the third quarter.
A mobile payments war is underway big time as Rite Aid and CVS block Apple Pay in favor of the soon to be introduced CurrentC. With CurrentC merchants will not have to pay swipe credit card network fees and will be able to track and instantly reward customers as a result of the lower fees.
Of the initial 500 financial institutions that have signed-up for Apple Pay and the two-thirds majority of credit unions, an estimated 90 of PSCU’s credit union member-owners are at the sponsor level. PSCU says the future of credit union relevance depends on how well credit unions understand and participate in the Millennial Shift and the digital revolution.