GiftLogic and Magento eCommerce Integrate POS Software

GiftLogic and Magento eCommerce Integrate POS Software

GiftLogic Point of Sale (POS) software has added support for Magento eCommerce within its interface. The combination of GiftLogic and Magento eCommerce software allows retailers to quickly create an online store that can be managed within the GiftLogic POS software. Once connected, retailers can export their web items from GiftLogic to their Magento store. This…

TSYS Re-Inks Big Health Savings Account Administrator

TSYS Re-Inks Big Health Savings Account Administrator

TSYS has inked a long-term renewal agreement with HealthEquity to provide payments processing services for the company’s healthcare payments portfolio. As one of the largest health savings account administrators, HealthEquity works with a wide variety of employers, diverse in industry, size, location, and culture. TSYS has provided processing services for HealthEquity since 2009. As part…

BofA CC Portfolio Growth Impaired; Risk Metrics Solid

BofA CC Portfolio Growth Impaired; Risk Metrics Solid

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The nation’s second largest Visa and MasterCard issuer, Bank of America (BofA), to be unseated by Capital One in 2016, continues to struggle with sluggish outstandings (OUT) and purchase dollar volume (PDV) growth, but other metrics, especially credit risk management are above peer group averages Year-On-Year (YOY). Pre-tax net income edged…

NXT-ID Ankles COF Executive to its Advisory Board

NXT-ID Ankles COF Executive to its Advisory Board

FL-based NXT-ID has ankled Gregory Johnson, Head of Business Relationships for Capital One, to its Advisory Board of Directors. Prior to joining Capital One, Gregory spent 17 years at American Express Company working in Consulting Services, Business Travel, Commercial Card, and the OPEN Small Business brand forming strategy and architecting large client facing teams to…

Chase 1Q/16 Mixed Bag: PDV-OUT-DEL-OUT-Attrition Up

Chase 1Q/16 Mixed Bag: PDV-OUT-DEL-OUT-Attrition Up

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] After a credit card bruising in 2015, Chase, the nation’s largest bank credit card issuer, rebounded in the first quarter (1Q/16) as outstandings (OUT) and purchase dollar volume (PDV) entered positive territory. However, delinquency (DEL) and charge-offs (CO) edged upward both Year-On-Year (YOY) and sequentially (QTQ). Furthermore, the account base remains…

BRIEFS – FINPAY; STARMOUNT; PERFORMLINE; and ULTRA

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] In Other News: FINPAY (conference); STARMOUNT (Aurus); PERFORMLINE (MMSP); and ULTRA (Bitcoin). FINPAY – FinPay has been selected to present at the 2016 Angel Venture Fair as one of America’s top startups. As the oldest angel venture conference in the Mid-Atlantic region, the Angel Venture Fair is the annual consortium of…

Heartland Stockholders Approve GPN Merger

Heartland Stockholders Approve GPN Merger

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Heartland Payment Systems (HPY) stockholders overwhelmingly voted to approve the proposed merger with Global Payments (GPN). About 29.7 million shares were voted in favor of the merger proposal. The favorable vote represents approximately 99% of the total Heartland shares which voted on the merger proposal and 80% of the total outstanding…

Jia Liu

CSI globalVCard Enters the China Payment Market

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Bonita Springs, FL-based CSI globalVCard has ankled Jia Liu to lead the company’s expansion into China. She will officially serve as Vice President of International Payments. Earlier this year, CSI announced its cross-border payments offering, which completed the award-winning ‘total AP’ platform, globalVCard paysystems. With one file upload, business payments can…