YOOBIC; BLUEPOINT; MOOVEL; and THREATMETRIX

In Other News: YOOBIC (award); BLUEPOINT (Surety); MOOVEL (merger); and THREATMETRIX (release). YOOBIC – The Accenture Consumer Innovation Awards has selected US-based Yoobic’s mobile solution that helps brands and retailers monitor in-store execution by enabling data to flow instantly between point of sales and headquarters, giving the retailer feedback and control over in-store activities. The solution…

Details

TSYS Revenues Surge 13%; TransFirst Deal Underway

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] GA-based acquirer TSYS reported a solid fourth quarter (4Q/15) as total revenues hit $719 million, a jump of 13.2% year-on-year (YOY). Net income increased 3.6% YOY from $79.9 million in 4Q/14 to $82.8 million in 4Q/15. Revenues for the North America Services segment increased 17.1% YOY to $350 million for 4Q/15,…

Details
USAT Takes Self-Service Transactions to a New Level

USAT Takes Self-Service Transactions to a New Level

The king of integrated cashless and mobile transactions in the U.S. self-service retail market has launched its most progressive solution to date. USA Technologies unveiled ePort Interactive, one of the industry’s most advanced cloud-based interactive media and content delivery management systems, enabling delivery of nutritional information, remote refunds, loyalty programs, and robust, multimedia-marketing campaigns for…

Details
COF Intl Profits Up 3.2% but Charge-Offs Explode QTQ

COF Intl Profits Up 3.2% but Charge-Offs Explode QTQ

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Capital One’s (COF) international (mostly U.K.) credit card purchase dollar volume (PDV) soared 24.5% year-on-year (YOY) not currency adjusted (FX), while net income increased 3.2% YOY in the fourth quarter (4Q/15). Outstandings, not FX, were flat YOY in 4Q/15 at $8.2 billion, but up 2.5% quarter-to-quarter (QTQ). For 4Q/15, COF reported…

Details
GAC 2015 Bitsy Growth Thanks to Cap One & AmEx

GAC 2015 Bitsy Growth Thanks to Cap One & AmEx

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Gross or open accounts (GAC) for U.S. credit cards among the Big 6 U.S issuers edged up 0.4% year-on-year (YOY) in the fourth quarter (4Q/15) to 270.7 million, compared to 272.0  million in the prior quarter, and 269.7 million one-year ago.  
The growth is driven by Capital One and American Express…

Details

CARDFLIGHT; CHARGEBACKS911; CONFORMANCE; and WORLDREMIT.

In Other News: CARDFLIGHT (Miura); CHARGEBACKS911 (Target); CONFORMANCE (products); and WORLDREMIT (AU). CARDFLIGHT – CardFlight, a mobile point of sale (POS) technology provider, and Miura Systems, the global leading provider of innovative secure electronic payment hardware, are announcing a partnership to offer a new mPOS solution in the United States market via CardFlight’s mobile POS…

Details
Marvel’s Super Heroes Fans Get Empowered

Marvel’s Super Heroes Fans Get Empowered

Synchrony Financial has been on a product roll-out binge with the latest: the Marvel MasterCard with cashback rewards. Qualifying cardholders earn 3% cashback for purchases made on select entertainment, dining, and online at marvel.com and Marvel’s official merchandise booths. Cardholders can also earn 1% cashback rewards on all other Marvel MasterCard purchases1. All cashback rewards…

Details
Collaborative Fintech Gaining Ground Over Disruptors

Collaborative Fintech Gaining Ground Over Disruptors

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Global investment in fintech ventures in the first quarter reached $5.3 billion, a 67% increase over the same period in 2015, and the percentage of investments going to fintech companies in Europe and Asia-Pacific nearly doubled to 62%. ARTICLE: Global investment in fintech ventures in the first quarter reached $5.3 billion,…

Details