EMV Boom Ends – Verifone Looks to Become Device + Services Provider

The slowdown in EMV continues to drag on Verifone’s performance for the first fiscal quarter, ended 1/31/17, (1Q/17). However, the Company notes this year it will launch the next generation devices and services. By scaling these new devices and connecting them with Verifone’s expanded services, the Company hopes it will establish platforms powering the future of…

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E-Wallets – – Top Payment Method by Share of E-Commerce Sales Worldwide

Five in-depth reports on digital payments have been released in the past 30 days covering online payments for North America, Middle East & Africa, Europe, Asia-Pacific regions and globally. The reports were assembled by yStats. A major concern for consumers in North America is the security of their payments, whether by credit card or one…

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Money 20/20 Europe Will be Nothing but Ginormous This Year

The world’s largest Fintech, Money 20/20 Europe (June 26-28), is all set for June in Copenhagen. While there are many FinTech gatherings this event is super cool as it is decidedly, European. It is ginormous too! In its first year, Money20/20 Europe attracted 3,725 attendees, including 500 CEOs, from 1,500 companies and 70 countries. The show featured 422 speakers, over 200…

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Mercator & Javelin Release Two Free Merchant-Related Reports

Among the new reports released this week are two free reports for download from Mercator Advisory and Javelin Strategy & Research in partnership with the Electronic Payments Coalition. The Mercator report: “Mobile Order and Pay Ahead: A New Sales Channel for Restaurants and Merchants” describes the new world of mobile order and pay and assesses…

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What is Behind the Recent Upticks in Bank Credit Card Delinquency & Charge-Offs?

There are growing concerns in the U.S. bank credit card market regarding the 2017 outlook for delinquencies and charge-offs. All the Top 4 issuers (Chase, Capital One, Bank of America and Citibank) reported slight upticks in the fourth quarter in both metrics. The Top 100 banks reported the seasonally adjusted (SA) credit card charge-off ratio…

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Major 4 Network Adjusted PDV Up 6.5% YOY FX in Fourth Quarter

Purchase dollar volume (PDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) globally rose 20.0% year-on-year (YOY) on a nominal dollars basis for the fourth quarter (4Q/16). However, on a currency adjusted basis (FX), global 4Q/16 PDV increased 20.7% YOY, according to CardData. The fourth quarter PDV figures are skewed as Visa…

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