Real Consumer Transaction Analysis Confirms Holiday Spending Up 9% YOY

The best consumer spending analysis, based on actual consumer transactions rather than surveys or speculation, for Thanksgiving, Black Friday and Cyber Monday shows overall spending growth was up 9.0% year-over-year (YOY), compared to 9.4% in 2015 and 3.5% in 2014. The First Data SpendTrend also showed the total share of eCommerce spending has gone up…

OT + Visa payWave + Heritage Bank = Inamo CURL Wearable AU Deployment

Oberthur Technologies has inked an agreement to provide its digital payment enablement technology to Inamo’s wearable solutions, starting with the CURL which is being launched in Australia this month. The CURL is a multi-functional wearable that will initially enable consumers to make payments by simply tapping their device to any point of sale terminal where…

First Data’s EMV/NFC Clover Devices Invade the UK Merchant Market

First Data has expanded its Clover platform with the official launch of Clover Mini and Clover Mobile in the U.K. The “all-in-one” business management solutions has broad adoption in the U.S. since they were introduced last year. The Clover Mini and Clover Mobile devices utilize unique cutting-edge technology that allows consumers to enter their PIN…

Popular iXpenselt App Beefed-Up for New Breed of iPhones and iPads

The popular iXpenselt personal finance app has been optimized for the current-generation iPhone/iPad. iXpenseIt was one of the first 500 apps to be approved for the App Store back in 2008. The iXpenselt app puts financial information and, most importantly, financial control, right at users’ fingertips. At its core is a comprehensive dashboard that provides…