CardWeb.com’s CardExecs database of card industry movers and shakers today features Glenn Schneider, Senior Vice President and Chief Information Officer for Discover Financial Services.
While CVS, Rite Aid and Walmart trashed Apple Pay this week, McDonald’s U.S. customers have another way to pay for their orders, thanks to a collaboration with Softcard. Customers will now be able to tap and pay both in-restaurant and in the drive-thru lane at all U.S. McDonald’s locations, marking the largest deployment of NFC-based mobile commerce in drive-thru.
The American Express’ Bluebird card has launched the “Get 2X” promotion for Walmart customers using Savings Catcher and Bluebird. Walmart and American Express are offering Bluebird for a $0 purchase price in store for the duration of the Get 2X program.
The top six U.S. credit card issuers are all reporting a slight uptick in delinquency for the third quarter. However, Bank of America held steady. Therefore, charge-offs will likely head higher in the first quarter of 2015 as the fourth quarter denominator will be higher.