CardWeb.com’s CardExecs database of payments industry movers and shakers today features Kathy Tuite, Senior Vice President of marketing for TransFirst.Details
Austin-based Mozido is plowing big bucks into HCE (host card emulation) technology via a strategic investment in SimplyTapp.
Mozido will leverage SimplyTapp’s open card issuance platform to allow merchants to support NFC for more efficient and secure transactions within the merchants’ branded mobile application environment.
Ingenico has unveiled the first and only PCI PTS 4.0 and SRED-certified mobile card reader equipped to accept both EMV and magstripe card payments, as well as NFC/contactless payments. The new Ingenico RP450c can be attached to a mobile device via audio jack, or used as a separate Bluetooth companion or in docking station mode.Details
The nation’s Top 100 Visa and MasterCard credit card (consumer and business) issuers held a 96% share of U.S. Cards-in-Force (CIF) at End-of-Year (EOY) 2014. The Top 10 captured a 60% share, while the Top 50 logged an 84% share, according to CardData.Details
The nation’s fastest growing Visa and MasterCard major issuer, and the #1 near-prime/sub-prime issuer continues to plow along with solid growth in purchase dollar volume (PDV) and growth in credit card outstandings. RAM Research projects Capital One (COF) will deliver $50.9 billion in PDV and $72.4 billion in outstandings for the first quarter.Details
Among MasterCard’s four international regions one of the fastest growing areas is Asia Pacific Middle East Africa (APMEA), posting a 20.5% year-on-year (YOY) surge in 2014 purchase transactions (PTX). APMEA also reported a 16.4% increase in purchase dollar volume (PDV), second behind the Latin America Caribbean (LAC) region with 21.2% in YOY PDV growth.Details