Total U.S. gross accounts (GAC) in the first quarter (1Q/17) for Visa, Mastercard, American Express and Discover U.S. credit cards was up 5.9% year-on-year (YOY). At the end of 1Q/17, there were 541.2 million U.S. credit GAC compared to 536.1 million for 4Q/16, and 510.9 million for 1Q/16, according to CardData. Visa U.S. credit GAC…
U.S. Purchase Dollar Volume (PDV) for credit cards, among the Big 6 U.S. card issuers, rose 9.2% year-on-year (YOY) for the first quarter (1Q/17). Citi scorched the Big 6 with a 50%+ YOY gain driven by the Costco card acquisition, according to CardData. The Big 6 U.S. issuers racked up $524.0 billon in PDV for…
Westwood One, America’s largest radio network, picked Nielsen Marketing Cloud and its advanced data management platform (Nielsen DMP) to launch the first-ever audio DMP. Advertisers can now make sharper buying decisions across Westwood One’s over-the-air radio and streaming audio channels, which reach almost a quarter of a billion listeners weekly across all U.S. media markets.…
FICO has unleashed FICO® Card Compromise Manager, an anti-fraud solution that proactively detects and prioritizes compromised merchants and data breaches involving card data. A powerful companion to FICO® Falcon® Platform, Card Compromise Manager is capable of detecting card present, card not present and ATM fraud. It uses advanced analytics to provide a ranked list of…
Digital money transfer service WorldRemit has added Android Pay to its service, offering a new way for WorldRemit’s Android Pay users to send money internationally and reach millions using mobile money accounts. Pioneering a mobile-first approach to the $600 illion a year remittance industry, the move sees WorldRemit bringing together the leading players in mobile…
A patent for a first-of-its-kind technology thwarting SIM swap scams, one of the fastest-growing types of fraud plaguing consumers, has been awarded. Mobile identity authentication for digital channels specialist Payfone, landed the patent wherein the API-based solution detects and prevents SIM swap fraud by leveraging the company’s unique partnerships with the U.S.’s largest mobile network…