In Other News: NXT-ID (DreamTrips); INTELLICHECK (funding); REVEL (Vantiv); and CAUSE (exec). NXT-ID – NXT-ID has received a $1.2 million dollar payment from WorldVentures as part of a total of $2.5 million for the first production run of the DreamTrips SmartCards to be delivered at the end of July. INTELLICHECK – Intellicheck Mobilisa, announced the…
Purchase dollar volume (PDV) in Canada for Visa and MasterCard has been plummeting over the past five quarters, however card issuance in the first quarter (1Q/16) for both networks remained in double-digits year-on-year (YOY). The P&S Market Research’s “Canada Cards and Payments Market – Size, Share, Development, Growth and Forecast to 2020” report says in…
The frequency of credit card usage in the UK increased at a CAGR of 9.4% during 2012-2014 and the frequency of transaction is expected to reach up to 61 times by 2020. According to the P&S Market Research “UK Cards and Payments Market – Size, Share, Development, Growth and Forecast to 2020” report, the total…
Based on Gross Dollar Volume (GDV) debit cards hold a 64.6% share in the Brazilian payment card market while credit cards had 35.4% share. According to P&S Market Research’s Brazil Cards and Payments Market – Size, Share, Development, Growth and Forecast to 2020, the debit cards dominant share is likely to remain stable through 2020.…
While robust, the payment card market in China is expected to ramp down in tandem with the economy over the next five years. Timetric’s “The Cards and Payments Industry in China: Emerging Trends and Opportunities to 2020” provides values and volumes for a number of key performance indicators in the industry, including check payments, payment…
A new study shows that four out of five millennials are using mobile banking services to save money. The latest PYMNTS.com Digital Banking Tracker focuses on companies planning new ways to help millennials securely access their financial information on their mobile devices. According to research released by Halifax Savings, 80% of adults between the ages…
Ingenico has opened its new developer hub and also Ingenico Connect is now available on Ingenico’s GlobalCollect platform. Any online business has access to the same integration and checkout solutions that are already used by leading eCommerce companies such as the global video game marketplace G2A, to optimize the payment checkout experience for mobile or…
Stephen Brobeck of the Consumer Federation of America says its latest credit score survey reveals 80% of consumers know the basic facts. However, the national survey by the CFA and VantageScore revealed that many consumers do not understand credit score details with important cost implications: • Most seriously, consumers greatly underestimate the cost of low…
SLA Digital, an international digital services company offering direct operator billing to mobile network operators (MNO), says its first integration with Google Play is now live. Axiologix says its joint venture, SLA Digital, says an existing global mobile operator partner of SLA Digital is using SLA’s proprietary Digital Services Platform to launch its Carrier Billing…
Snippet – American Express has released Amex Quick Chip, a technology enabling merchants to provide a more seamless experience at the point of sale for Card Members when they pay with their EMV chip cards. Article – American Express has released Amex Quick Chip, a technology enabling merchants to provide a more seamless experience at…