V+M Intl Debit Card Cash Transactions Continue Robust

V+M Intl Debit Card Cash Transactions Continue Robust

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] International cash transactions (CTX) for Visa and MasterCard credit and debit cards grew by 8.2% year-on-year (YOY) in the fourth quarter (4Q/15). International CTX for credit cards decreased 4.6% YOY while international CTX for debit cards rose 9.2% YOY in 4Q/15. In the fourth quarter gross international payment card cash transactions…

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Top 4 Issuers Active Accounts Deteriorate Except COF

Top 4 Issuers Active Accounts Deteriorate Except COF

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. bank credit card active accounts (AAC) (accounts with sales activity), among the Top 4 U.S. issuers, slipped 1.5% year-on-year (YOY) in the fourth quarter (4Q/15). Capital One was the only issuer to post a positive YOY AAC gain in the fourth quarter. While Chase and BofA had slight erosion, Citibank…

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Syniverse and First Performance Global form SyntraPoint

Syniverse and First Performance Global form SyntraPoint

Syniverse and First Performance Global have formed a joint venture to prevent fraud and identity theft as a result of real-time mobile transaction alerts and dynamic card controls. SyntraPoint will be able to allow cardholders to receive real-time alerts through multiple cross-channel delivery mechanisms, including in-app push, SMS, phone call and email. Additionally, transaction controls…

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BRIEFS: TNS; MONERIS; I3; and NFG

In Other News: TNS (Bluefin); MONERIS (talech); I3 (acquisitions); and NFG (EMV). TNS – Transaction Network Services is partnering with Bluefin Payment Systems to provide Bluefin’s Decryptx PCI-validated Point-to-Point Encryption (P2PE) solution within its Managed POS Encryption suite. MONERIS – Moneris Solutions and talech have formed a strategic partnership and referral agreement. As part of…

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Samsung Corrals POS Manufacturers to Take mPay to Next Level

Samsung Corrals POS Manufacturers to Take mPay to Next Level

Samsung has inked partnerships with the top point-of-sale (POS) manufacturers, including Verifone, Ingenico, First Data Clover, PAX Technology, Equinox, ID TECH, MagTek, USA ePay and OTI Global. Samsung wants to accelerate mobile payment adoption by ensuring the best possible user experience at merchants’ POS systems during checkout. Samsung Pay is the only contactless payment solution…

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WEX Fleet Solutions Payment Processing TX +7.1% YOY

WEX Fleet Solutions Payment Processing TX +7.1% YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] ME-based fuel card kingpin, WEX, reported fourth quarter (4Q/15) total revenue inched up 0.3% year-on-year (YOY), while net income dropped by -54.7% YOY in 4Q/15. Total revenue was $212.6 million for 4Q/15, compared to $226.1 million in 3Q/15, and $211.9 million for 4Q/14. Net income was $21.4 million for 4Q/15, compared…

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AnywhereCommerce Blows Out its mPOS Card Devices Line

AnywhereCommerce Blows Out its mPOS Card Devices Line

AnywhereCommerce has expanded its family of mobile point-of-sale (mPOS) card devices, along with enhancements to its developer tools, and expanded features for its gateway and management platform. New devices from AnywhereCommerce include the following: Walker BT – a compact Bluetooth device that supports mag-stripe and chip & signature Walker C2X – an audio jack device…

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Nets to Launch Contactless Mobile Dankort with JCB’s J/Speedy in Denmark

Nets to Launch Contactless Mobile Dankort with JCB’s J/Speedy in Denmark

JCB has inked a partnership agreement which allows Nets to use J/Speedy, JCB’s contactless technology, for Dankort payments with smart phones in Denmark. When Nets launches Dankort on the mobile in autumn 2016 it will thus be based on an international, well-proven technology from JCB, an international payments scheme originating from Japan. JCB has many…

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