CardWeb.com’s CardExecs database of payments industry movers and shakers today features Jeff Coppolo, Senior Vice President, Business Development for BlueSnap.
Cynovo’s Kivvi series products have been certified by China UnionPay and EMVCo. for MSR, EMV, and NFC functions. The Company provides Android-based mobile payment and POS hardware systems, along with the online payment gateway platform that connects to backend secure clouds.
Security Validation has joined the PCI Security Standards Council as a new Participating Organization. Security Validation is a data security and data privacy advisory firm focused on improving the security posture of hotels across North America.
Visa and MasterCard International Payment Dollar Volume (PDV) passed the $1 trillion milestone in the third quarter and will likely top $1.3 trillion by the end of 2015. Currently, International credit card PDV is growing 9.5% annually and International debit card PDV is expanding 16.5% annually.
Bank credit card delinquency among the Top 100 U.S. banks continue to decline in the third quarter to 2.16%. The ratio is the lowest in more than 25 years, down 26 basis points (bps) from one year ago, down 65 bps from two years ago and down a stunning 447 bps from five years ago.