ONE-YEAR AGO:
Visa rescinds a
rule that required merchants to treat Visa-branded debit cards
differently when
. . . .
(click here to read more) FIVE YEARS AGO:
A R.K.
Hammer study concludes that credit unions produced a 3.8% annual growth
rate last year compared to
. . . .
(click here to read more) TEN YEARS AGO:
AT&T is granted a patent for a system and method to enable a parent to
control the use of an ancillary
. . . .
(click here to read more)
After four consecutive quarters of rising credit card delinquency it appears that the second quarter figure will post about 15 basis points lower than the prior quarter. The sequential increase in quarterly delinquency (30+ day) among the nation's top issuers was 15% in the first quarter, compared ...
A major monthly index has discovered that consumer economic confidence
retreated in June. The Conference Board "Consumer Confidence
Index" now stands at 49.3, down from 54.8 in May. The "Present Situation
Index" decreased to 24.8 from 29.7.
Vik Atal, formerly EVP, Expansion Markets for Citi Cards is responsible for Citi Cards in the Global product platform...
[Click here to read more]
Network
N/A
Issuer:
Barclays Bank Delaware
Visa continues to rack up more partnerships to facilitate the expansion of global mobile payments with today's announcement of a strategic alliance with Monitise. Under terms of the deal, Visa plans to make a minority equity investment in Monitise, a global mobile payments specialist.
