In Other News: YOOBIC (award); BLUEPOINT (Surety); MOOVEL (merger); and THREATMETRIX (release). YOOBIC – The Accenture Consumer Innovation Awards has selected US-based Yoobic’s mobile solution that helps brands and retailers monitor in-store execution by enabling data to flow instantly between point of sales and headquarters, giving the retailer feedback and control over in-store activities. The solution…
GA-based acquirer TSYS reported a solid fourth quarter (4Q/15) as total revenues hit $719 million, a jump of 13.2% year-on-year (YOY). Net income increased 3.6% YOY from $79.9 million in 4Q/14 to $82.8 million in 4Q/15. Revenues for the North America Services segment increased 17.1% YOY to $350 million for 4Q/15, compared to $341 million…
The mobile peer-to-peer (P2P) payment application PayMeTap has completed beta and is ready for prime time in Canada. This free application allows users to securely accept a payment by simply tapping your phone with a credit card. Available for Android in the Google Play Store, PayMeTap is enabling people to quickly and easily pay back…
The king of integrated cashless and mobile transactions in the U.S. self-service retail market has launched its most progressive solution to date. USA Technologies unveiled ePort Interactive, one of the industry’s most advanced cloud-based interactive media and content delivery management systems, enabling delivery of nutritional information, remote refunds, loyalty programs, and robust, multimedia-marketing campaigns for…
Restaurant, QSR and food court owners are blessed with a new suite of mobile apps from India’s RanceLab. The new FusionMobi includes Mobile-POS and E-menu, which allow the guests to view the menu choices with pictures and descriptions enabling them to select and order dishes with confidence. It also saves the hassles of reprinting the…
The new Dubai First MasterCard is being jazzed-up by MasterCard, Uber and Dubai First to exclusive deals and benefits. One of most important benefits comes from Uber. Dubai First MasterCard cardholders receive a 10% discount on Uber trips. New and existing Uber customers using a Dubai First MasterCard Credit Card can also take advantage of…
Capital One’s (COF) international (mostly U.K.) credit card purchase dollar volume (PDV) soared 24.5% year-on-year (YOY) not currency adjusted (FX), while net income increased 3.2% YOY in the fourth quarter (4Q/15). Outstandings, not FX, were flat YOY in 4Q/15 at $8.2 billion, but up 2.5% quarter-to-quarter (QTQ). For 4Q/15, COF reported $6.6 billion in international…
Gross or open accounts (GAC) for U.S. credit cards among the Big 6 U.S issuers edged up 0.4% year-on-year (YOY) in the fourth quarter (4Q/15) to 270.7 million, compared to 272.0 million in the prior quarter, and 269.7 million one-year ago. The growth is driven by Capital One and American Express (AmEx), while Chase, Bank…