Marrying smart phones with ATMs is spurring the ATM market big time. New research shows the ATM market in Asia Pacific is in a developing phase. China, for instance, has tripled its ATM installations from 130,000 in 2007 to 339,000 in 2011.
CardWeb.com’s CardData Reports today features the The Cards and Payments Industry in India: Emerging Trends and Opportunities to 2019 report. The report provides values and volumes of a number of key performance indicators (KPIs) operating in the industry, including credit transfers, check payments, cash transactions, payment cards and direct debits during the review period (2010-2014).
Verifone is now using Thales nShield hardware security modules (HSMs) for its end-to-end payment encryption solution – VeriShield Total Protect – to provide robust, high speed, scalable crypto to protect card holder data, whether transmitted from a card or mobile device, right from the moment of capture.
American Express U.S. Card Services reported first-quarter net income of $934 million, up 7% from $876 million a year ago. Total revenues net of interest expense increased 6 percent to $4.5 billion from $4.3 billion a year ago. The increase reflected a 7% rise in cardholder spending and higher net interest income.