In Other News: INGENICO (Datacap); JCB (CSR); FAYSAL (MasterCard); and OT (Discover). INGENICO Ingenico and Datacap Systems, an integrated payments middleware provider, announced the installation of its Pay-at-the-Table solution at Uncle Oogie’s, a New Jersey and Philadelphia-based chain of pizzerias. Using Ingenico Group’s smart terminals, Datacap’s point of sale partner, PDQ Signature Systems was able…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The 30+ day delinquency rate, seasonally adjusted (SA), among the top 100 U.S. banks for the second quarter (2Q/16) increased 5 basis points (bps) sequentially (QTQ), and up 9 bps year-on-year (YOY). On a not seasonally adjusted basis (NSA), the delinquency rate among the top 100 U.S. banks for 2Q/16, declined…
Wirecard reports consolidated revenues in the first half of 2016 by 32.8% to EUR 451.8 million (H1/2015: EUR 340.1 million). In the second quarter, consolidated revenues for the Group increased by 33.6% to EUR 241.3 million (Q2/2015: EUR 180.7 million). Operating earnings before interest, tax, depreciation and amortization (EBITDA) grew in the first half of…
Australian credit card gross dollar volume (GDV) was flat year-on-year (YOY) in June. Purchase dollar volume (PDV) was also flat YOY and cash dollar volume (CDV) declined 2.3% YOY in June. GDV rose in June to AU$26.4 billion, compared to a revised AU$26.9 billion in the prior month and a revised AU$26.4 billion one-year ago.…
In Other News: TSYS (Swisscard); HOTHAND (patent); EXPERIAN (award); and NCR (move). TSYS – TSYS has extended its payments agreement with Swisscard AECS to continue processing the company’s consumer credit and commercial card portfolios on the TS2 platform, as well as to provide other payment services. Swisscard AECS is a joint venture between Credit Suisse…
New research finds two-thirds of survey respondents (66%) anticipate that their company’s trade with the U.S. will increase over the next five years and more than four-in-ten (43%) expect an increase of more than 10%. The survey shows that a number of the challenges to international trade are within the span of a company’s control,…
UnionPay and ICBC have teamed to jointly launch UnionPay HCE mobile QuickPass in Macao. This is the first mobile credit card introduced in the market. Customers with UnionPay cards issued by ICBC Macao will be the first to enjoy this secure and convenient mobile payment service, being able to tap-and-go with their smartphones. As UnionPay’s…
In Other News: WORLDPAY (AU); CPI (Wesbanco); ACI (Wargaming); and SHIFT4 (TSYS). WORLDPAY – Worldpay is expanding in Australia after winning its licence to process payments in what is one of Asia Pacific’s largest eCommerce markets. The company’s expansion in Australia comes at a time of sustained growth for Worldpay, which processed 13.1 billion transactions…
Atom Tickets, the first-of-its-kind mobile movie ticketing platform, has expanded its service to moviegoers in more than 70 major metros across the U.S., including: New York, Chicago, Philadelphia, Boston, Washington, DC, Cleveland, Indianapolis, and Baltimore in collaboration with leading exhibitors AMC Theatres, Regal Cinemas and Studio Movie Grill. The growing list of cities with access…
For the third straight year, Discover ranked highest for credit card customer satisfaction among U.S. credit card companies by J.D. Power. Discover received a total of 827 points out of a possible 1,000, according to the J.D. Power 2016 U.S. Credit Card Satisfaction Study, outpacing the industry average by 31 points. The J.D. Power 2016…
New research reveals one in five credit card customers are carrying the wrong card. A new survey found 20%+ of customers have a card which has fees or rewards not aligned with their actual purchase habits. The study finds that while their levels of satisfaction are not dramatically different, customers who have a wrong card,…
Pakistan’s United Bank Limited (UBL) has launched the Masterpass QR digital payment service in partnership with Mastercard. As the country’s first interoperable digital payment service, Masterpass QR allows consumers to use their mobile banking app to pay for in-store, bill payments (invoices) and for delivery with one secure account. The service is expected to benefit a…
