Low Oil Prices a Boon to Credit Card ABS

Low Oil Prices a Boon to Credit Card ABS

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Still-low oil prices could prove to be a boon for already-strong U.S. credit card ABS performance in the coming months. According to Fitch Ratings oil price declines are leading to a sustained drop in gasoline and heating oil prices this winter, which is adding more savings into U.S. households. Fitch notes…

Metal/Carbon/24K Cards Enter the Market

Metal/Carbon/24K Cards Enter the Market

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] WY-based Luxury Card has launched three new metal credit card products with patented designs and construction: the top-tier MasterCard Gold Card, the mid-level MasterCard Black Card and the base-level MasterCard Titanium Card. Luxury Card is the only credit card program in the world to offer a complete suite of metal and carbon…

FamilyMart in Japan to Accept CUP Cards

FamilyMart in Japan to Accept CUP Cards

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] UnionPay International says its credit cards would now be accepted at all FamilyMart stores in Japan. Now, all the three major chain convenience stores in Japan, namely Lawson, 7-ELEVEn and FamilyMart, accept UnionPay cards and allow for easy PIN-free payment which is widely adopted at local convenience stores. According to data…

Cap One US Card Profits Up 5.5%; Metrics Weakening

Cap One US Card Profits Up 5.5%; Metrics Weakening

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Capital One (COF) continues to lead the U.S. credit card industry in outstandings and volume growth, posting a strong 13% year-on-year (YOY) gain in end-of-period (EOP) outstandings and a whopping 18% surge in Purchase Dollar Volume (PDV) for the fourth quarter as other metrics are concerning. As the most U.S. inclusive…

Wirecard Card Powers FromMe2You Gift Card

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Wirecard Card Solutions is now the card issuer of the new ‘FromMe2You’ Gift Card, offered by the Irish Program Manager The Gift Card Company. This multi-store gift card can be purchased online at www.me2you.ie or in store at participating Topaz stations nationwide and has the backing of over 3,000 of Ireland’s…

China CITIC Bank to Issue the First JCB Virtual Cards

China CITIC Bank to Issue the First JCB Virtual Cards

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] JCB has inked China CITIC Bank to issue the first JCB virtual cards for online shopping users. CITIC is part of the major state-owned conglomerate CITIC Group. The bank has a nationwide branch network and solid customer base, including the wealthy segment, and is actively expanding its card issuing business. China…

ANZ Bank ATMs to Accept China UnionPay Cards

ANZ Bank ATMs to Accept China UnionPay Cards

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] UnionPay and ANZ Bank will jointly announced in Auckland all ANZ ATMs and merchants in New Zealand would be able to accept UnionPay cards. These ATMs and merchants would not only accept UnionPay chip cards, but would also initiate the acceptance of UnionPay QuickPass in New Zealand. ANZ is the largest…

Discover IT Secured Card

Discover Finally Enters U.S. Secured Card Market

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Discover has launched its Discover it Secured Credit Card for consumers looking to build or rebuild their credit. The card comes with the same rewards and benefits as the Discover it Card, including Cashback Bonus rewards and FICO Credit Scores for free on monthly statements and online, all with no annual…

Capital One Aspire MasterCard Tops Canadian Charts

Capital One Aspire MasterCard Tops Canadian Charts

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Capital One Aspire Travel World Elite MasterCard has been named Canada’s top travel points card with an annual fee as announced by Rewards Canada in its annual rewards credit card ranking. RewardsCanada.ca is a leading online resource for news and information about travel rewards cards and loyalty programs. Its popular…

Fiserv Inks ACI Community Financial Services Deal

Fiserv Inks ACI Community Financial Services Deal

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Fiserv has inked a definitive agreement with ACI Worldwide, a leading global provider of electronic payment and banking solutions, to acquire the assets of its Community Financial Services (CFS). The deal is an all-cash transaction valued at $200 million, which does not include related tax benefits. The transaction is subject to…

WEX Mobile App

WEX Connect Mitigates Winter Storm Jonas

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] ME-based fuel card specialist WEX announced a reminder that its mobile app, WEX Connect, is available to help drivers find fuel and service stations in operation in their area surrounding Winter Storm Jonas and beyond. With WEX Connect, drivers can find the most cost effective type of fuel they need, and…

Weights and Measures Investigates Card Skimmers

Weights and Measures Investigates Card Skimmers

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] FBI and Secret Service agents partnered with state officials in a national training effort on identifying and investigating credit card skimmers at gas stations. State and local weights and measures officials from across the country attended this special training event in conjunction with the 2016 Interim Meeting of the National Conference…