American Express has ankled Governor Michael Leavitt to its Board. Governor Leavitt served as Governor of Utah from 1993-2003.
Capital One (COF), the nation’s fastest growing major credit card issuer, is also posting the highest yields, besting competitors by 200 basis points (bps) in the first quarter. However, COF has the highest delinquency and charge-offs, hallmarks of the sub-prime exposure, according to CardData.
Heartland Payment Systems is removing card data from the payment transaction, providing restaurateurs with protection against point-of-sale (POS) intrusions, insider misuse, and other common sources of data fraud by eliminating the opportunity for criminals to capture and monetize card data.