Gross dollar volume (GDV) for Visa, MasterCard, American Express and Discover credit cards in the U.S. climbed 8.4% year-on-year (YOY) in 4Q/16 reaching a record $842 billion, according to CardData. Visa led the way in the fourth quarter posting a 19.4% YOY gain for U.S. GDV. Visa reported fourth quarter U.S. credit card GDV of…
USA Technologies has ankled Priyanka Singh as the company’s new Chief Financial Officer, effective March 31st. She replaces interim CFO, Leland P. Maxwell, who will continue with USAT in a senior finance role. Ms. Singh brings over 15 years of finance and accounting experience to the position, including five years in the payments industry. She…
Finer Fields’ physical store will “showroom” emerging fashion, design and lifestyle brands for home delivery. Dismissing storage of any sellable inventory, the storefront will only carry a brand’s sample product line for consumers to try in-store, and then buy on the Finer Fields’ mobile POS for online purchase for home delivery to give customers bag free…
Wirecard recently inked a deal to purchase the customer portfolio of Citi’s merchant acquiring business in 11 markets in Asia Pacific (APAC). The purchase includes the entire customers for merchant acquiring services in Singapore, Hong Kong, Macau, Malaysia, Taiwan, Indonesia, Philippines, Thailand, India, Australia and New Zealand. The portfolio comprises a long-standing and reputable client…
Synchrony Financial has inked a multi-year extension of its agreement for the Midas Credit Card. Through a network of more than 1,200 independent franchised locations throughout the United States, Midas has offered complete auto care services for more than 60 years, including oil changes, brakes, tires and tire repairs, mufflers and exhaust, belts, hoses and…
BitConnect Coin (BCC) reports a new record high, in terms of value and market capitalization. BitConnect Coin (BCC) is an open source, peer-to-peer, community driven decentralized cryptocurrency that allows people to store, invest their wealth and even earn a substantial interest on the balance stored in the wallets. BitConnect Coin launched 11th of January, 2017. According to…