The average American consumer is back to spending at 2012 levels, and will plan to shell out $842 this year, compared to $1,260 in 2013 and $848 in 2012. However, shopping on smartphones and tablets has jumped over the last two years.
USAA’s insurance, banking and credit card businesses earned top rankings in the latest Net Promoter Score (NPS) Benchmark Study by Temkin Group. NPS identifies the likelihood of consumers to recommend a company to their friends and family, using a scoring range from -100 to +100.
CardWeb.com’s CardExecs da tabase of card industry movers and shakers today features Debra Adlis, Senior Vice President and CFO of the National Foundation of Credit Counseling (NFCC).
There are $8.6 billion in projected mobile commerce sales losses due to outdated mobile checkout processes. A new, all-in-one credit card and identification scanning technology solution for mobile retailers has been introduced.
OR-based Prime Factors announced that Arroweye Solutions has updated its automated crypto key management with EncryptRIGHT. The development amps up payment card security against hacking threats.
TN-based EFT Source reports NJ-based Atlantic Stewardship Bank after implementing the Card@Once system realized a 7.32% year-over-year increase in interchange revenue within the first month. EFT Source is a provider of turnkey card programs and personalization services for ATM and debit cards for financial institutions.
NCR Silver mobile POS system for small businesses is now offering remote payment and order ahead capabilities that are compatible and operable with Apple Pay.
Austin, TX-based Mozido has rolled out an initial mobile loyalty pilot program with El Salvador QSR franchise, Mister Donut. El Salvador’s has a 124% mobile adoption rate.
CardWeb.com’s CardPixes database of more than 7,000 card images today features the Kartu Kredit BNI JCB Platinum .The card is issued by Bank Negara Indonesia .
CardWeb.com’s CardWatch database of more than 57,000 marketing items including direct mail, print ads, TV ads, etc. today features the Chase Sapphire Preferred Card – “Sundance 2014” TV ad.
CA-based MyECheck has inked a deal to implement and deliver its electronic check services to national coffee vendor, Dad’s Roast Custom Coffee.
Bank credit card purchase dollar volume (PDV) increased 8.6% year-on-year (Y/Y) and 0.7% quarter-on quarter (Q/Q) in the third quarter (Q3/14), as outstandings continue to contract. The change in consumer behavior is significant for issuers who rely on interest income to subsidize purchase-based reward program expenses, according to CardData.
