AT&T is back in the card game teaming with Citibank to offer the AT&T Access More card. Cardholders can get a new smartphone right away, or whenever they are ready, and earn a reimbursement for the cost of the phone.Details
eBay released Magento Enterprise Edition 1.14.2, a Braintree extension, plus New Relic and Cloud partnerships. The combination
gives retailers greater insight into their businesses, enhance their payment and merchandising capabilities, provide an expanded mobile toolset, and offer more cloud hosting options.
Discover’s credit card outstandings continued strong in the first quarter rising 5.1% as Purchase Dollar Volume (PDV) rose 2.7%, year-on-year (YOY). While all other credit card metrics remained stable, overall net income for Q1/15 declined 7.1% YOY to $586 million.Details
Gross Dollar Volume (GDV) for Visa, MasterCard, Discover and American Express U.S. credit cards is expected to top $4 trillion annually by year-end 2019. According to forecaster RAM Research, the U.S. GDV for the U.S. credit card industry is growing at a CAGR of 9.23%.Details
Data leaks and phishing attacks continued unabated. Account information (40%) was the primary target of hackers in 2014, followed by credit card information (20%). The United States was hit harder than any other country when it came to data breaches.Details