CardWeb.com’s CardConferences today features the TRANSACT 2015 event, March 31 – April 2 at the Moscone Center in San Francisco, California. This is the paramount event in payments and technology.
CardWeb.com’s CardData Reports today features the “Insight Report: Best Practice in Frequent Flyer Credit Cards” report. This report analyzes emerging trends and industry best practices in offering credit cards targeted at frequent flyers.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the MasterCard “Priceless Lessons – Egypt” TV ad.
The Top 5 U.S. Visa and MasterCard credit card issuers had a 64% 2014 marketshare based on U.S. Purchase Dollar Volume (PDV). Credit card king, Chase, captured 25.5% of the U.S. bank credit card market last year, more than double its closest competitor BofA.
Gross dollar volume (GDV) for licensees of Discover-owned Diners Club International is projected to rise 1.6% year-on-year (YOY) in the first quarter. Forecaster RAM Research expects Diners Q1 GDV to come in at $6.6 billion.
The Silk Road Economic Belt and the 21st Century Maritime Silk Road initiatives, also known as “One Belt, One Road,” aims to create Eurasian marketplace. In China this week, MasterCard’s CEO says the Chinese initiative can be a success, not only regionally, but also globally.
Dublin-based Realex Payments is being gobbled up by Global Payments in a deal valued at €115 million (US$126 million). Realex is one of Europe’s largest and fastest growing payment gateways.
The world’s biggest taxi solution for consumers and businesses, currently available in more than 30 countries across four continents is running a prefer Visa campaign. Easy Taxi says Singapore has seen the second highest daily number of cashless transactions via Visa, just behind Brazil, where Easy Taxi is operational in almost 100 cities.
Citibank unloads another international unit including its credit card business in Nicaragua. Grupo Financiero Ficohsa (GFF) is buying 100% of Banco Citibank de Nicaragua.
NY-based CardFlight is shipping its new EMV-ready chip card readers to resellers for its SwipeSimple mobile point of sale solution. The Company also announced POS Portal will be a launch partner in distributing CardFlight’s EMV-ready solutions.
Bitnet and CardinalCommerce are teaming to make immediately available the ability for merchants to accept online payments using bitcoin. One Connection to Cardinal’s patented platform allows merchants to accept payments from dozens of digital wallets and alternative payment brands.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Angela Brown, President and Chief Executive Officer of Moneris Solutions.