CardWeb.com’s CardData database of Company Profiles today features ACI Worldwide.
CardWeb.com’s CardData Reports today features the “Private Label Credit Cards” from Packaged Facts.
International Bancard has ankled Steve Ventura as its Senior Vice President of Partner Development. Ventura brings 20 years of business, sales and partnership experience to International Bancard at its corporate headquarters just outside Detroit.
CardWeb.com’s CardPixes database of more than 7,000 images today features the First National Bank of Omaha’s Maximum Rewards Visa.
Credomatic’s credit card businesses and banking operations in the Central American countries, with the exception of Panama, CIC is positioned to have one of the strongest financial franchises in the region. The group is a leader in the credit card business, while having a dominant market share in the acquiring and issuing businesses.
A recent survey shows more than half of parents with students in grades K-12 are likely to set a budget for back-to-school expenses. College students are focused on items they need – 83% plan to reuse where possible and replenish essentials, and 63% will refer to last year’s spending as a guideline.
In today’s CardFlash News Que: ELIOT (Womply) and Barclays (Elkhorn).
American Express second quarter profits slipped year-on-year (YOY) by 3.9% to $1.47 billion due to the significant impact of a stronger U.S. dollar on international operations. However, U.S. Card Services posted Q2/15 net income of $886 million, up 15% from $770 million a year ago.
Wincor Nixdorf reported a significant decline in operating profit as a result of the restructuring program. Profit for the first nine months of the fiscal year stood at €25 million (€61 million), which represents a decline of 59%.
Myanmar Apex Bank has teamed with MasterCard to develop the local payments infrastructure with the launch of new prepaid card. MasterCard has launched prepaid cards together with Co-operative Bank Ltd, Kanbawza Bank, Ayeyarwady Bank, and Myanmar Citizen Bank with 2C2P, the last of which was also Myanmar’s first smartphone-enabled prepaid card.
The Citi Mobile Challenge in Asia Pacific is coming next month. It is part of Citi’s drive to foster digital and mobile innovation in banking. Registration for the Challenge will begin on August 19, and selected participants will demonstrate their concepts at events in Bangalore, Hong Kong, Singapore, and Sydney.
Chase Card Services and Southwest Airlines have inked a multi-year extension to the nearly 20-year partnership for co-branded credit cards, Southwest Airlines® Rapid Rewards® Plus, Premier and Business Cards.