Aggregate U.S. bank credit card end-of period (EOP) outstandings for the nation’s four largest issuers were essentially flat year-on-year (YOY) in the second quarter (Q2/15) and continues the pattern of the past three years. Capital One is the only big issuer with real growth as it plugs deeper into the changing market dynamics.
EVO Payments International has unveiled an integrated EMV implementation strategy to fast track EMV migration efforts for Independent Software Vendors (ISVs) and retailers worldwide.
Latin America’s payment pioneer, YellowPepper, has ankled Mohammad Khan, former president and founder of ViVOtech as Chairman. Prior to founding ViVOtech in 2001, Khan held various leadership positions at Verifone, the global leader in secure POS solutions, which he joined in its early stage in 1983.
Visa has named a 15-year veteran of the Company as the Group Executive for the Latin America and Caribbean (LAC) region, effective September 1st. Eduardo Coello will be responsible for all of Visa’s operations in the region including regional business development and client relationship management with financial institutions, merchants, and partners across 44 countries in LAC.
CardWeb.com’s CardData database of Company Profiles today features Planet Payment.
Naples, FL-based ACI Worldwide reported overall sales bookings for the second quarter (Q2/15), including term extensions, increased 24% year-on-year (YOY).. New sales bookings, net of term extensions (SNET), increased 18% compared to the prior year quarter.
Alliance Data’s Epsilon business has inked a new long-term agreement to provide co-brand affinity credit card services for Univision Communications (UCI), the leading media company serving Hispanic America. Alliance Data’s Epsilon business also currently provides marketing services and data services to UCI.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Prakash Kirpalani, President APAC Processing Services for Quatrro Processing Services.
Discover is rewarding new student cardmembers with $20 in Cashback Bonus® if their grade point average is 3.0 (or equivalent) or higher each year they are enrolled in school, for the first five years from the account opening.
CardWeb.com’s CardData database of Company Profiles today features LoopPay.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Capital One “Visigoths” TV Spot.
ME-based WEX has been selected to provide its full suite of corporate payments solutions to ServiceMaster Global. Through this agreement, all corporate and participating franchise vehicles within ServiceMaster’s network of well-recognized brands including Terminix and Merry Maids, with an estimated fleet size of 6,600, will utilize WEX’s fleet, virtual and analytics solutions.