Remove 2019 Remove Cards Remove Security Remove Taxes
article thumbnail

Q1 2019: US credit card issuer snapshot

Accenture

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. Loss rates increased slightly YoY, and issuer after-tax returns are strong for those that report. Key themes. Partnership developments.

Cards 158
article thumbnail

Q2 2019: US credit card issuer snapshot

Accenture

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. Despite ongoing rewards competition, card profitability remains strong. Issuer scorecard ($billions)—Q2 2019. Key themes.

US 150
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bitcoin Daily: UK Tax Agency Defines Crypto As Commodities; Crypto Exchange Bittrex Sued For SIM Card Bitcoin Theft

PYMNTS

s tax authority has released cryptocurrency tax guidance for businesses, revealing that crypto assets will still be defined as commodities. That means that companies that participate in trading exchange tokens must make tax payments. I think this is a problem that requires a lot of solutions and a lot of layers of security.

Taxes 100
article thumbnail

Mobile Order-Ahead Delivered The Goods In 2019

PYMNTS

That famous literary opener could apply to the mobile order-ahead (MOA) space in 2019. As city councils all over the nation get a hankering for MOA tax revenue, the category just keeps growing and evolving. In the past QSRs could screen for credit card scams right at the point of sale (POS), typically face-to-face with the fraudster.

Mobile 131
article thumbnail

Sprint And T-Mobile Merger, Spend Management And State Tax Top This Week’s News

PYMNTS

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Uber was ordered to stop securing business in Colombia via its popular ride-hailing app. Behind Sysco’s Spend Management Switch To Cards. 12 Ways Consumers Will Pay (And Be Paid) In 2020.

Taxes 101
article thumbnail

Finance Ministry: India Retailers With $7M+ Sales Must Accept Debit Cards

PYMNTS

50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint. . The finance ministry in India passed a new regulation saying that companies with sales of more than ?50 The new regulation went into effect on Jan.

Cards 130
article thumbnail

Walgreens Fights Promotion Abuse With Digital Tracking

PYMNTS

Account takeovers and shipping fraud increased by 347 percent and 391 percent, respectively, between 2018 and 2019, and the pandemic has only exacerbated these issues. This represents a fivefold increase from the pre-pandemic normal, when most consumers shopping online were better attuned to security protocol.

Fraud 255