CardWeb.com’s CardData database of Company Profiles today features Boku.
Entrust Datacard has instantly issued over 2.1 million chip cards globally in 2015 utilizing Datacard® instant issuance hardware and associated software. That number is projected to grow as more financial organizations adopt the technology – especially within the U.S. where EMV migration is rapidly accelerating.
While Visa continues to control 70% of the U.S. general purpose debit card market, MasterCard is outpacing Visa in year-on-year (YOY) growth, based on gross dollar volume (GDV), according to CardData. Forecaster RAM Research expects the U.S. V+M market to reach $2575 billion for 2015.
American Express U.S. credit card outstandings are growing by 7.3% year-on-year (YOY) and likely to top $67 billion in the fourth quarter. U.S. Card Services reported first-quarter net income of $934 million, up 7% from $876 million a year ago, according to CardData
MasterCard continues to outpace Visa in the Latin America Caribbean (LAC) region in year-on-year (YOY) growth in gross dollar volume (GDV), on a local currency basis. According to CardData, MasterCard’s LAC YOY GDV growth has consistently exceeded Visa’s growth for the prior seven quarters.
Sionic Mobile launched its all-new ION Rewards app v4.0 for consumers, free in both App Store and Play. The latest release introduces new features and functionality including an interactive user interface, simple, yet secure two-tap checkout process and instant, real-time rewards for every purchase completed using the app.