Merger Deal Done - Diebold Nixdorf Arrives with a New Brand Identity

Merger Deal Done – Diebold Nixdorf Arrives with a New Brand Identity

Diebold Nixdorf is off and running after a successful merger. Diebold Nixdorf is providing a glimpse into its future with a new brand identity and website — www.DieboldNixdorf.com. The names of the two companies’ founders comprise the primary logo, a word mark with a progressive color scheme nodding proudly to a history of innovation. Another…

Bank Audi and Verifone Team for Cashless Payment Solutions

Bank Audi and Verifone Team for Cashless Payment Solutions

Bank Audi, Lebanon’s largest bank, has teamed with Verifone to provide thousands of merchants with point-of-sale (POS) devices designed to bring new payment and commerce capabilities to the country’s expanding retail market. The deal is part of the country’s retail infrastructure upgrade. Supporting Bank Audi’s merchant services in both countertop and mobile retail sales environments,…

Gross Transactions YOY in Double-Digits Driven by Debit Cards

Gross Transactions YOY in Double-Digits Driven by Debit Cards

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] International gross transactions (GTX) for Visa and MasterCard credit and debit cards grew by 16.6% year-on-year (YOY) in the first quarter (1Q/16). International GTX for credit cards increased 11.9% YOY while international GTX for debit cards soared 20.9% YOY in 1Q/16. In the first quarter gross international payment card GTX for…

Early Stage Delinquency Hovers at Record Lows

Early Stage Delinquency Hovers at Record Lows

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Early stage delinquency (30+ days) among the nation’s top 6 issuers declined six basis points (bps) sequentially in the first quarter (1Q/16) to 1.75%, but remains one bps above last year’s 1.74%.  Five of the Big 6, including Chase, Bank of America, Capital One. Citibank, and Discover, posted lower or flat…

Big 6 Late Stage Credit Card Delinquency Flat Sequentially

Big 6 Late Stage Credit Card Delinquency Flat Sequentially

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The average late stage U.S. credit card delinquency (90+ day) among the nation’s six largest issuers was flat sequentially, to 0.92% for the first quarter (1Q/16), but up 4 basis points (bps) from one-year ago (YOY). Three issuers were flat or down sequentially. The AmEx 90+ day delinquency rate remained flat…

U.S. Consumer Credit Ramps Up in June

U.S. Consumer Credit Ramps Up in June

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. consumer revolving credit card soared in June, growing at an annual rate of +9.7%, compared to a revised +2.2% annual rate in May and a revised +1.3% annual rate in April. Overall consumer credit increased at a seasonally adjusted annual rate of +4.1% in June. Non-revolving credit increased at an…

Visa + MC International Purchase Transactions Robust

Visa + MC International Purchase Transactions Robust

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] International purchase transactions (PTX) for Visa and MasterCard credit and debit cards grew by 18.9% year-on-year (YOY) in the first quarter (1Q/16). International PTX for credit cards increased 17.6% YOY while international PTX for debit cards rose 20.3% YOY in 1Q/16. In the first quarter gross international payment card PTX for…