Big 4 PDV Q4/14
U.S. bank credit card Purchase Dollar Volume (PDV) for the four biggest issuers climbed 8.4% year-on-year (Y/Y) in Q4. The growth was driven by Capital One and Chase, up 15.5% and 9.8% Y/Y, respectively.
DFS PULSE Q4/14
Discover’s Payment Services dollar volume hit $83.0 billion for the fourth quarter of 2014, up 3% from the prior year. PULSE transaction dollar volume was up 4% year-over-year (Y/Y). PULSE also unveiled a new corporate logo and acceptance mark this week.
Cap One Intl Q4/14
Capital One’s (COF) international credit card business profits collapsed over the past year, falling by 48% from fourth quarter 2013. However, Purchase Dollar Volume (PDV) rose 36% to $5.3 billion, compared to $3.9 billion one-year ago.
Payoff Board
Former Visa CEO Joe Saunders has joined the Board of CA-based Payoff, a technology-enabled, consumer-focused financial services company. Startup Payoff also snagged Arianna Huffington for its Board.
BlueSnap Builder
BlueSnap launched BuyNow Builder, a tool that allows merchants to customize the settings and appearance of their global hosted checkout page.
MoneyThumb
CA-based MoneyThumb introduces specialized conversion tools to import PDF bank and credit card statements for small business tax preparation.
LoungeBuddy
San Francisco-based LoungeBuddy now enables travelers passing through ALD’s The Club Airport Lounge locations in the USA to instantly purchase lounge access through the LoungeBuddy mobile App using Apple Pay or a major credit card.
ECI Apple Pay
AZ-based Electronic Commerce International (ECI) has hopped on the Apple Pay bandwagon. Small and mid-sized merchants can now take advantage of this fast and secure in-store payment method via ECI.
Visa Checkout Ad
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Visa Checkout “Eye on the Ball” television ad.
Drew Mize
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Drew Mize, Chief Operating Officer of Pinnacle Corporation.
NACHA Payments 2015
The Electronic Payments Association announced that Jason Dorsey, Chief Strategy Officer at The Center for Generational Kinetics, and “Meet the Press” moderator Chuck Todd will serve as the keynote speakers for the PAYMENTS 2015 conference on April 19-22 in New Orleans.
Blackhawk Engagement
Prepaid card king Blackhawk Network launched a new division dedicated to providing customized engagement, incentive and rebate programs for consumers, employees and sales channels.