New York, NY): Back in October of 2014, Apple Pay was launched with great fanfare, and for almost a year it was the only game in town for consumers who wanted to pay with their smartphones. Since then it’s been joined by Android Pay and Samsung Pay, with more branded mobile payment solutions, such as […]
(New York, NY): Few topics provoke as much consumer rage as the indignities of air travel. Along with endless airport security lines and vanishing leg room, add-on fees are a major source of irritation for flyers. Last year consumers spent a whopping $3.8 billion just on checked baggage fees, according to the Department of Transportation, […]
(London): Supranational regulations such as the European Payment Services Directive 2 (PSD2) will burden credit card portfolio profitability and create new risks and opportunities, Auriemma Group said today. The impact of PSD2 on credit cards and issuers more broadly was at the forefront of the agenda at Auriemma’s first UK Card Finance Roundtable meeting of […]
(New York, NY): Person-to-person (P2P) payments are increasing in popularity and diversifying in use, with nearly one-third of consumers currently utilizing the service, according to recent research by Auriemma Group. The firm’s latest Cardbeat® surveys, among 800 US credit cardholders, found that users report several practical uses for P2P payments other than just splitting the […]
(New York, NY): Tipping for service may be a cultural norm in the US, but prompts at point of sale can greatly affect who gets tipped and how much, according to new report by Auriemma Group. The firm’s latest Cardbeat ® survey of 800 US credit cardholders found that presenting consumers with the opportunity to […]
Auriemma Group advised Toyota Financial Savings Bank (TFSB) on strategy and execution of TFSB’s transition from a self-issuer of its Toyota and Lexus card programs to a co-brand credit card partnership with Alliance Data Systems (ADS). Auriemma managed the TFSB issuer and network partner selection processes, and supported the negotiation of its issuer and portfolio […]
Ever since former Federal Reserve Chairman Ben Bernanke took extraordinary measures to resuscitate the economy, the capital markets have been awaiting a return to “normalcy.” It’s been a long wait. As the markets anticipate the September FOMC meeting, everyone is wondering whether Janet Yellen will continue the current Fed Funds interest rate stance or catalyze […]
(New York, NY): With just under a month until the US EMV liability shift takes effect, less than half of US credit card holders have received a chip card from their issuer, and many of them have never used it as intended, according to recent Cardbeat® research conducted by Auriemma Group. In a June survey […]
(London): 2016 is likely to be a pivotal year for the UK’s credit card market as issuers realise the full impact of interchange reduction on profitability. In recent months, response strategies have become clearer, and a number of issuers have cut-back or entirely removed rewards programmes. Consequently, within the co-brand market, there is a heightened […]
By Rene Ritchie, iMore.com Thursday, Aug. 6, 2015 The tale of two Apple Pay surveys. There have been some conflicting surveys out about Apple Pay in the last couple of weeks, one of which says the mobile payment service is growing and the other, declining. So, which is it? The Auriemma survey is clear and […]