ThreatMetrix has named Armen Najarian as chief marketing officer. Najarian joins with more than 15 years of B2B and technology marketing experience, primarily with cloud-based software and data-driven solutions for the enterprise.
The average late stage U.S. credit card delinquency (90+ day) among the nation’s six largest issuers increased 7 basis points (bps) sequentially, to 0.81% for the second quarter, compared to 0.74% in the prior quarter and 0.86% one-year ago. However, all the issuers were down year-on-year (YOY), according to CardData.
U.S. cards-in-force (CIF) for Visa and MasterCard credit cards increased 9.0% year-on-year (YOY) while CIF for debit cards rose 7.7% YOY, in the second quarter, according to CardData. Visa is leading U.S. credit card CIF in YOY growth, while MasterCard leads U.S. debit cards CIF YOY gains in 2Q/15.