V+M US Debit PDV Q1
Purchase Dollar Volume (PDV) on U.S.- issued debit cards by Visa (V) and MasterCard (M) is projected to rise slightly in the first quarter to $468 billion, compared to $461 billion Q4/14, according to forecaster RAM Research.
Purchase Dollar Volume (PDV) on U.S.- issued debit cards by Visa (V) and MasterCard (M) is projected to rise slightly in the first quarter to $468 billion, compared to $461 billion Q4/14, according to forecaster RAM Research.
Tampa-based Card Services for Credit Unions (CSCU) plans to pony up the cost of the EMV/Chip enablement phase for its 2,300 member credit unions. CSCU member credit unions utilize the FIS card processing platforms.
Fiserv has taken The Card Collection to the EMV level. This new solution allows financial institutions using the Fiserv standard chip card configurations to more quickly and less expensively transition to chip cards.
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.
Alliance Data Systems (ADS) has inked a long-term renewal agreement to continue providing private label credit card services for FULLBEAUTY brands, a fashionable resource for plus-size women and men.
In today’s CardFlash News Que: SHOPKEEP: PAYMENT SAVVY: NET ELEMENT: and NXT-ID.
Bluefin Payment Systems has ankled Greg Cornwell to serve as Senior Vice President and Chief of Security Solutions, overseeing Bluefin’s Security Solutions team.
NY-based TransFirst and MWRC Internet Sales have teamed to integrate TransFirst payment card processing services with MWRC’s ExoVend System.
In the CardFlash News Que: CPI CARD GROUP; SYNCHRONY FINANCIAL; VSOFT; MOBILE STRATEGY PARTNERS: INSIDE SECURE; and MILBERG.
CardWeb.com’s CardPixes database of more than 7,000 images today features the First Bankcard Yale MasterCard.
U.S. revolving consumer credit outstanding headed south in January declining 1.6% to $887.9 billion, following an 8.4% YOY gain in the holiday shopping-fueled month of December.
Global Gross Dollar Volume (GDV) for the four largest U.S.-based payment networks grew 4.5% last year to $3381 billion in Q4/14. Forecaster RAM Research projects global GDV, on a nominal dollar basis, will decline to $3195 billion in Q1/15.