V+M CC GDV Q4/14
U.S. Visa (VS) and MasterCard (MC) credit card U.S. Gross Dollar Volume (GDV) hit $507 billion in the fourth quarter. For Q4/14 VS and MC domestic credit card GDV grew 11.4% year-on-year (YOY), strongly driven by VS.
AP & Smart Cards
Asia Pacific was the largest revenue contributor in the global smart card market of 2013, accounting for nearly a 50% share of global revenue. China, India, South Korea, and Japan are expected to be the major contributors to the market in the near term.
V+M US Debit PDV Q1
Purchase Dollar Volume (PDV) on U.S.- issued debit cards by Visa (V) and MasterCard (M) is projected to rise slightly in the first quarter to $468 billion, compared to $461 billion Q4/14, according to forecaster RAM Research.
CSCU & EMV
Tampa-based Card Services for Credit Unions (CSCU) plans to pony up the cost of the EMV/Chip enablement phase for its 2,300 member credit unions. CSCU member credit unions utilize the FIS card processing platforms.
JMV Wave
Contactless payments are headed into Asia Pacific, Eastern Europe, Middle East and Africa. Morpho and Visa have introduced the new JMV Wave dual interface chip card for the expansion.
PayPal + CyActive
In its second acquisition of the past week PayPal is gobbling up an Israeli cyber security company specializing in forecasting future cyber attacks.
Visa Europe & HCE
Ever since Google first announced the inclusion of HCE within the KitKat version of its Android OS, Visa has worked closely with member banks and other financial and technology institutions to ensure NFC payments using this functionality, would meet Visa’s stringent requirements.
Anna Rossetti
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Anna Rossetti, General Manager of CPI Card Group – Canada.
Chip Card Collection
Fiserv has taken The Card Collection to the EMV level. This new solution allows financial institutions using the Fiserv standard chip card configurations to more quickly and less expensively transition to chip cards.
CPI MC EMV Debit
CPI Card Group announced a new product line that supports MasterCard best practices for EMV debit card issuers in the U.S. CPI is targeting U.S. MasterCard debit cards.
Visa Brazil Hair Dye
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Visa do Brasil “Visa Brazil Hair Dye” TV ad.
ADS & FULLBEAUTY
Alliance Data Systems (ADS) has inked a long-term renewal agreement to continue providing private label credit card services for FULLBEAUTY brands, a fashionable resource for plus-size women and men.