India Cards Report

CardWeb.com’s CardData Reports today features the The Cards and Payments Industry in India: Emerging Trends and Opportunities to 2019 report. The report provides values and volumes of a number of key performance indicators (KPIs) operating in the industry, including credit transfers, check payments, cash transactions, payment cards and direct debits during the review period (2010-2014).

InComm & KUBRA

InComm has partnered with KUBRA, a customer interaction management solution provider, to offer cash payment options to customers of KUBRA’s business clients. Through InComm’s Cashtie, a powerful API that links retail cash payments via an existing point-of-sale (POS) system to a software application, customers will soon be able to pay their bills in cash at the POS of over 40,000 conveniently located retail locations with many more on the horizon.

Synchrony Q1/15

Synchrony Financial reported its card platform revenue increased 5%, driven primarily by purchase volume growth of 10% and period-end loan receivables growth of 7%, with broad-based growth across partner programs. Payment Solutions platform revenue increased 8%, driven primarily by purchase volume growth of 10% and period-end loan receivables growth of 11%, with solid growth across industry segments led by home furnishings, automotive products, and power equipment.