Briefs: PAYSCOUT; DATACAP; KINJERPAY; and ENTERSEKT

In Other News: PAYSCOUT (ACA); DATACAP (EMV); KINJERPAY (app); and ENTERSEKT (CREALOGIX). PAYSCOUT – Payscout, a global payment processing provider, says Fran Fisher has been appointed to the ACA International Council of Delegates. Fisher serves as the Strategic Sales and Business Development Manager-ARM for Payscout’s subsidiary company APS (Powered by Payscout). Fisher’s appointment came shortly…

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Among Big 6: Cap One GDV Grows 2X Than Others

Among Big 6: Cap One GDV Grows 2X Than Others

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. Gross Dollar Volume (GDV) among the big six U.S. bank card issuers, rose an estimated 5.9% year-on-year (YOY) but down 8.1% sequentially in the first quarter (1Q/16).  Capital One grew more than twice than the other five. Capital One, like most bank credit card issuers, only reports purchase dollar volume…

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U.S. Consumer Credit Remains in Low Single Digits YOY in May

U.S. Consumer Credit Remains in Low Single Digits YOY in May

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] May U.S. consumer revolving credit card debt remains weak growing at an annual rate of +3.0%, compared to a revised +1.7%% in April and a revised +13.2% in March. Overall consumer credit increased at a seasonally adjusted annual rate of +6.2% in May. Non-revolving credit increased at an annual rate of…

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Mercator Ankles Iacobuzio as Senior Manager

Mercator Ankles Iacobuzio as Senior Manager

Mercator Advisory Group has ankled Theodore Iacobuzio to the firm’s senior management team as Managing Director of Custom Research and Consulting Services. Most recently before joining Mercator Advisory Group, Ted was responsible for Global Insights, MasterCard Worldwide’s interdisciplinary thought leadership organization. With Global Insights he produced groundbreaking work in consumer acceptance of mobile payments technology,…

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Defying Forecasts Late Stage Delinquency is Moderate

Defying Forecasts Late Stage Delinquency is Moderate

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The average late stage U.S. credit card delinquency (90+ day) among the nation’s top four issuers edged down 1 basis points (bps) sequentially, but up 5 bps year-on-year (YOY) for the first quarter (1Q/16). Early stage delinquency, the precursor of 90+ day delinquency, among the peer group, also declined in 1Q/16. For…

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Visa and MC U.S. Credit & Debit CIF Break 1.2B

Visa and MC U.S. Credit & Debit CIF Break 1.2B

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. cards-in-force (CIF) for Visa and MasterCard payment cards (credit & debit) increased 6.5% year-on-year (YOY) in the first quarter (1Q/16). U.S. credit cards increased 7.4% YOY while CIF for debit cards rose 5.7% YOY, in 1Q/16. There are were 1218 million Visa and MasterCard payment cards in circulation in the…

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U.S. Credit Card GTX Continues Outpace Debit Cards YOY

U.S. Credit Card GTX Continues Outpace Debit Cards YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. gross transactions (GTX) for Visa and MasterCard credit and debit cards grew by 11.9% year-on-year (YOY) in the first quarter (1Q/16).  U.S. GTX for credit cards jumped 12.9% YOY while U.S. GTX for debit cards increased 11.5% YOY in 1Q/16. Visa’s U.S. GTX for credit cards rose 12.2% YOY as…

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Stormshield Integrates with Gemalto's SafeNet Mobile PKI

Stormshield Integrates with Gemalto’s SafeNet Mobile PKI

Stormshield and Gemalto are teaming to strength their technological relationship with the development of technology capable of providing end-to-end security for the connection and data exchanges with mobile devices. This new development will allow users of tablets and smartphones to exchange email message securely and to protect their data on tablets on the move.  By…

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Romania to Offer Card Payments via Mobile Point-of-Sale (mPOS)

Romania to Offer Card Payments via Mobile Point-of-Sale (mPOS)

GoSwiff, UniCredit, and MasterCard have formed a partnership to launch mobile payments in Romania. The partnership is created to enable Allianz-Tiriac Asigurari agents to start accepting card payments with mobile point of sale (mPOS) for the insurance policies issued by the company. Allianz-Tiriac Asigurari is the first insurance company in Romania to offer this solution,…

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