Retailers Plan to Utilize an Order Management System Across Channels

Retailers Plan to Utilize an Order Management System Across Channels

About 56% of retailers indicate their top digital priority is to create a consistent brand experience across channels. Retailers understand that consumers expect a personalized, seamless experience wherever, whenever and however they shop and they are focused on delivering a unified experience. According to the BRP 2016 Digital Commerce Survey, today’s unified commerce imperative moves…

Major 4 U.S. Credit Card GDV Up Nearly 7% YOY

Major 4 U.S. Credit Card GDV Up Nearly 7% YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Gross dollar volume (GDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) in the U.S. climbed 6.8% year-on-year (YOY) in 2Q/16 reaching a record $1482 billion.   Visa led the way in the second quarter posting a 9.0% YOY gain for U.S. GDV. Visa reported second quarter GDV…

Among Sub-Prime Credit Cards Limits Up - Delinquency Down

Among Sub-Prime Credit Cards Limits Up – Delinquency Down

Consumers credit card behavior improved since exiting the recession as evidenced by the growth of credit card limits in particular among the subprime credit card market. Yet, even with the solid improvements, the year-over-year figures indicate a slight increase in delinquency rates. Experian found the first six months of 2016 has shown that the total…

Latino Market Gaining Strength in Spending Power

Latino Market Gaining Strength in Spending Power

Hispanics embody far more than just an extraordinarily fast-growing population segment of the American population.  They now represent a market with outsize spending power that will only continue to grow in the future. According to market research publisher Packaged Facts report “Hispanic Consumers:  Demographic Patterns and Spending Trend” the number of Hispanic households has been growing…

Verticalized Solutions Trigger New Growth in Brazilian M2M Market

Verticalized Solutions Trigger New Growth in Brazilian M2M Market

Novel applications and value-added services such as management platforms are expected to restore the average revenue per line (ARPL) in the Brazilian machine-to-machine (M2M) market. Revenue growth had slowed down during a period of intense competition and aggressive pricing, but the emergence of new applications requiring ubiquitous connectivity and higher value 3G/4G services are giving…

Delinquency Among Top 100 Bank Credit Card Issuers Heads North

Delinquency Among Top 100 Bank Credit Card Issuers Heads North

[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…

Gross Transactions YOY in Double-Digits Driven by Debit Cards

Gross Transactions YOY in Double-Digits Driven by Debit Cards

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] International gross transactions (GTX) for Visa and MasterCard credit and debit cards grew by 16.6% year-on-year (YOY) in the first quarter (1Q/16). International GTX for credit cards increased 11.9% YOY while international GTX for debit cards soared 20.9% YOY in 1Q/16. In the first quarter gross international payment card GTX for…

Early Stage Delinquency Hovers at Record Lows

Early Stage Delinquency Hovers at Record Lows

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Early stage delinquency (30+ days) among the nation’s top 6 issuers declined six basis points (bps) sequentially in the first quarter (1Q/16) to 1.75%, but remains one bps above last year’s 1.74%.  Five of the Big 6, including Chase, Bank of America, Capital One. Citibank, and Discover, posted lower or flat…