CPI Card Group announced a new product line that supports MasterCard best practices for EMV debit card issuers in the U.S. CPI is targeting U.S. MasterCard debit cards.
The days of reselling third-party payment gateway services or referring merchants to payment gateways are over. IL-based NMI announced the expansion of its payments enablement platform for the Value Added Reseller (VAR) and Independent Software Vendor (ISV) markets.
The top six U.S. credit card issuers are all reporting a slight uptick in delinquency for the fourth quarter. However, Bank of America held steady. Therefore, given the recent rise in card usage the stage is set for higher charge-offs throughout 2015.