Big 6 Issuer Credit Card Yields Up Slightly with COF Leading the Way

Big 6 Issuer Credit Card Yields Up Slightly with COF Leading the Way

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The average yield among the nations’s big six bank credit card issuers came in at 11.14% for the first quarter (1Q/16), compared to 10.96% in the prior quarter, and 11.00% for 1Q/15. Capital One (COF), the nation’s fastest growing major credit card issuer, again posted the highest yields, besting the average…

Details
FICO Integrates Four New Analytic Tools

FICO Integrates Four New Analytic Tools

Four new analytic technologies recently patented by FICO are being integrated into solutions for cyber security, the Internet of Things (IoT), model governance, and optimization. FICO’s patent for Collaborative Profiling provides an efficient way to recognize when a person’s behavior is changing, and to rank-order the significance of those behavioral changes across many individuals. FICO’s…

Details
Delta Airlines - First U.S. Carrier to Accept UnionPay Cards Online

Delta Airlines – First U.S. Carrier to Accept UnionPay Cards Online

Delta Air Lines has become the first U.S. airline to accept UnionPay cards online. On August 8, UnionPay International and Delta Air Lines jointly announced that the official website of Delta (delta.com) would accept UnionPay cards (card number starting with 62) issued both in mainland China and abroad. Previously, UnionPay International has cooperated with international…

Details
Visa+MC Intl Debit Card Cash Transactions Post Solid Growth

Visa+MC Intl Debit Card Cash Transactions Post Solid Growth

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] International cash transactions (CTX) for Visa and MasterCard credit and debit cards grew by 8.7% year-on-year (YOY) in the first quarter (1Q/16). International CTX for credit cards decreased 1.2% YOY while international CTX for debit cards rose 9.4% YOY in 1Q/16. In the first quarter gross international payment card CTX for…

Details
Biometrics Among Top Factors Driving M-Payment Security

Biometrics Among Top Factors Driving M-Payment Security

A new study reveals the emerging trends driving the global mobile payment security software market are the introduction of mobile biometrics; development of multi-factor authentication; and increased adoption of multimodal biometrics. Technavio’s latest report found that in the retail sector, the integration of biometric technologies in mobile devices can be used to recognize registered customers…

Details

Briefs: FLEETCOR; CNVA; BLUESNAP; and MOZIDO

In Other News: FLEETCOR (Speedway); CNVA (PayRange); BLUESNAP (Visa Checkout); and MOZIDO (PayEase). FLEETCOR – FleetCor Technologies has signed an agreement to manage the commercial fuel card program for Speedway LLC (Speedway). Under the terms of this new agreement, FleetCor Technologies will provide a variety of services in support of Speedway’s SuperFleet program including transaction processing and overall…

Details