Mobile money has been growing rapidly over the past few years, and with 255 services in 89 countries, mobile money is now available in 61% of developing markets.
The number of open U.S. credit card accounts among the top four issuers was essentially flat for all of 2014, rising 0.6% year-on-year (Y/Y), but declining 0.6% quarter-to-quarter (Q/Q). While the top two issuers lost ground last year, Capital One is the only issuer with real account growth.
MasterCard’s LAC (Latin America and Carribbean) region Gross Dollar Volume (GDV) rose year-on-year (Y/Y) 16.0%, on a local currency basis, in the fourth quarter (Q4/14). Growth in the region has been relatively weak and will likely remain so through 2015.
Equifax has opened up its treasure trove of consumer credit statistics drawn from its consumer credit database of more than 210 million consumers. Investors will now have access to a special subset of data from the company’s National Consumer Credit Trends Report.
Following its acquisition last year of Aconite Technology, London-based Proxama is looking to take NFC to a new level in 2015. The Digital Payments Division will be led by the team from Aconite and will enable card issuers and financial institutions to implement services such as tokenization and mobile NFC.