Aussies Cautious on Credit Card Usage for 9th Straight Month

Aussies Cautious on Credit Card Usage for 9th Straight Month

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Australian credit card outstandings edged up by 1.8% year-on-year (YOY) in March. Credit card credit limits increased 3.3% YOY and the number of credit card accounts rose 2.6% YOY. The average balance per account in March declined 1.8% YOY to AU$3155, compared to AU$3155 for February, and AU$3158 for January 2016.

Credit…

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Analytics Services to Drive Global M-Payments 36% CAGR

Analytics Services to Drive Global M-Payments 36% CAGR

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] A new report projects the global mobile payments market will grow at a CAGR of 36.26% by 2020. Asia-Pacific will lead the way forward. NOVONOUS says the industry is emerging as one of the most diverse, competitive and technologically complex market in the recent years. Currently the Global Mobile Payments market…

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TSYS and Dejavoo Systems announced the EMV

TSYS and Dejavoo Systems announced the EMV

TSYS and Dejavoo Systems announced the EMV certification of all Dejavoo Z and V Series devices. TSYS also announced that Ecobank has deployed the latest version of the PRIMESM payments solution platform, PRIME 4, to support its acquirer processing of MasterCard, Visa and UnionPay International point-of-sale (POS) transactions across 28 countries in Middle Africa. Compatible…

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Digital Money the Emerging Driver for MoneyGram

Digital Money the Emerging Driver for MoneyGram

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MoneyGram continues to recover from the loss of the Walmart account and posted a strong first quarter (1Q/16). Digital money transfer transactions increased 23% year-on-year (YOY) and digital money transfer revenue grew 31% YOY. MoneyGram 1Q/16 gross revenues climbed 8.4% year-on-year (YOY) to $358.4 million, compared to $376.7 million for 4Q/15…

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UnionPay Inks Bangkok Bank in Issuing the First TPN Card

UnionPay Inks Bangkok Bank in Issuing the First TPN Card

UnionPay International announced its cooperation with Bangkok Bank in issuing the first local UnionPay-TPN card. This is also Thailand’s the first domestic brand debit card. This February, Thailand’s local switching system Thai Payment Network (TPN), which was joint-ventured and constructed by UnionPay International and 4 local mainstream banks (including Bangkok Bank) in accordance with UnionPay’s…

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Briefs: THREATMETRIX; NAB; INTELLICHECK; and LENDINGTREE

In Other News: THREATMETRIX (OS); NAB (Adelo); INTELLICHECK (1Q); and LENDINGTREE (CTO). THREATMETRIX – ThreatMetrix has unveiled ThreatMetrix Open Intel, a new capability to incorporate third-party intelligence signals into the ThreatMetrix platform to orchestrate fraud prevention and authentication across the enterprise. Through Open Intel, ThreatMetrix customers can preserve their legacy and future investments in third-party…

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Strong US EMV Sales Push Gemalto Payments Business North

Strong US EMV Sales Push Gemalto Payments Business North

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Gemalto’s Payment business grew by +23% in 2015. The Americas posted the largest growth, with revenue almost doubling compared to previous year on strong sales of EMV payment cards and rapid expansion of issuance services in the U.S.  ARTICLE: Gemalto’s Payment business grew by +23% in 2015. The Americas posted the…

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Wirecard + Gemalto + Visa Europe = Contactless Wristbands

Wirecard + Gemalto + Visa Europe = Contactless Wristbands

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Wirecard, Gemalto and Visa Europe are offering contactless wristbands at the 2016 Eurovision Song Contest, with the finale taking place on May 14th in Stockholm, Sweden. The payment solution is using the processing platform of Wirecard Technologies. The wristband can not only be used for transactions at the event areas, but…

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