Agent member credit card programs gained steam again last year and are poised for a good 2015. However, 60% of those in the agent programs last year achieved a medium performance level, offering some sales training and average rewards, but lackluster results.
The value of all cryptocurrency transactions will fall sharply this year to just over $30 billion, compared with over $71 billion in 2014. The surge in altcoin transactions in 2014 was overwhelmingly attributable to brief spikes in activity during the first quarter in Dogecoin, Litecoin and Auroracoin.
The Egyptian Government and MasterCard inked a Memorandum of Understanding (MoU) to help drive financial inclusion and maximize government efficiency. Under the leadership of H.E. Abdel Fattah El-Sisi, Egypt has been undergoing a period of positive change.
Cubic Transportation Systems and TfL (Transport for London) have been awarded Best Bank-Card Ticketing Scheme at the 2015 Transport Ticketing Awards on January 27.
Costa Mesa, CA-based Payoff has added Arkadi Kuhlmann, CEO of Zenbanx to its Board. Kuhlmann is a serial entrepreneur, best known for founding ING Direct.
A new report has found U.S. companies and marketers are overcoming their concerns about diluted brand identity and joining a nationwide, coalition loyalty program giving consumer fuel rewards.
Small business owners report they are the most optimistic in seven years. Last month, 49% of small business owners reported that their revenues increased a little or a lot over the past 12 months, up from 37% a year ago.
Despite rumors brick and mortar retailers are dead, a new survey shows only 27% of U.S. consumers say they shop online weekly. Nearly 70% of U.S. respondents say they have intentionally browsed products at a store but decided to purchase them online.
Synchrony Financial inked a multi-year agreement with American Underwater Products (AUP) to launch a new consumer credit card for the purchase of scuba and dive equipment.
The Accenture Mobile Wallet platform has been cited in the “Ovum Decision Matrix: Selecting a White-label Mobile Wallet Platform,” scoring the highest overall technology assessment ranking in the report.
Visa Europe has launched a new marketing campaign to drive further adoption of contactless as it becomes the everyday way to pay. Currently, there are nearly 40 million Visa contactless cards in the UK and over 300,000 contactless payment terminals.
About 60% of affluent credit cardholders with investable assets of $100,000 or more say cash back is their favorite credit card perk, while just 22% said they preferred frequent flier miles.