U.K. consumer credit in October grew at an 8.2% annual rate to £177.1 billion, driven by continued robust spending.
Thanksgiving and Black Friday sales jumped 9.4% year-on-year (YOY) over the two-day period compared to last year’s 3.5% YOY growth during the same period. eCommerce transactions grew 19.8% on Thanksgiving and 12.1% on Black Friday.
Toronto-based GoldMoney has ankled Katie Sokalsky, CPA, CA, as Chief Financial Officer, and Kate Millington as General Counsel of GoldMoney. GoldMoney also completes the previously planned addition of James Turk and Hector Fleming to the board of directors.
North American Bancard (NAB) has ankled Tim Oneacre as general manager of its subsidiary Electronic Payment Exchange (EPX), a full-service payment processor that provides both front- and back-end payment solutions.
CardWeb.com’s CardData database of Company Profiles today features Prolexic Technologies.
First American Payment Systems (FAPS) has ankled Bill Lodes to the leadership team as SVP, Business Development and Strategy. Lodes will be responsible for building a robust sales strategy for the Independent Software Vendor (ISV) market.
In today’s CardFlash News Que: PARKMOBILE (CEO); THREATMETRIX (Cybercrime); MASTERCARD (Bali); and FIS (Avidia).
MasterCard announced that more travelers around the world will be able to check out quickly and securely now that several new transit and travel retailers are offering MasterPass. Accepted in 24 countries, MasterPass enables consumers to pay for the things they want with the security they demand, anywhere online or in-app, using any device.
MasterCard has opened its digital security facility to its customers. Located in England, the MasterCard DigiSec Lab is focused on proactively testing threats to all forms of digital payments in coordination with government security agencies and leading academics.
CardWeb.com’s CardData database of Company Profiles today features ZirMed.
CO-based CPI Card Group, a specialist in financial and EMV chip card production and related services, has ankled two key executives. David Brush will lead Finance, IT and Project Management Organization (PMO) activities for CPI and Lisa Jacoba will serve as Chief Human Resources Officer.
Scandinavian Airlines will formally accept online ticket purchase of UnionPay cards before the end of the summer. It will join hands with many European airlines like Air France, KLM Royal Dutch Airlines, Deutsche Lufthansa, Finnair, LOT Polish Airlines, and Ukraine International Airlines to accept UnionPay.