The average yield among the nations’s big six bank credit card issuers came in at 11.26% for the first quarter (1Q/17), compared to 11.11% in the prior quarter, and 11.31% for 1Q/16. Capital One (COF), the nation’s fastest growing major credit card issuer, and Discover (DFS), one of best managed portfolio again, posted the highest…
Australian credit card gross dollar volume (GDV) dropped 1.0% year-on-year (YOY) in April. Purchase dollar volume (PDV) decreased 2.2% YOY and cash dollar volume (CDV) sunk by 11.4% YOY in April, according to CardData. There were growing concerns in 2016 credit card spending was slowing down, but after a brief spike in March the erosion…
Between 30% and 40% of companies currently investing in platforms such as consumer analytics, cloud integration, connected products and mobile payments have mature programs in place to address related risks. Many of these technologies involve a broad set of data types that could expose consumers to much more than stolen credit cards and identity theft.…
PayPal beat out Amazon as it retains its Brand of the Year designation for mobile payment brands for the third consecutive year. However, up-and-coming brands Venmo (owned by PayPal), Square, and Apple Pay are making significant gains. According to new research from The Harris Poll’s 29th annual EquiTrend Study, which measures brand health over time.…
Thailand’s KBank and JCB have buddied to introduce the “KBank JCB Credit Card” to accommodate Japanese culture and lifestyles. The new card offers a wide range of attractive privileges are offered to Japanese cardholders, with first-year targets of 100,000 cards and spending of 2 billion Baht. Being among the most-visited destinations of Thai travelers, Japan…
Wirecard has recently nailed two big deals, one in Germany and one in Italy. In Germany Wirecard inked high-quality knife and cookware specialist Zwilling as a customer for Alipay. The company operates in nearly 100 countries worldwide and is one of the largest kitchen and household goods chains in Germany. The kitchenware specialist will now…