Regulated Settlement Network Proof of Concept

Visa and Mastercard will participate in an upcoming proof of concept (PoC) test of the potential of shared ledger technology to improve financial settlement of commercial bank money, wholesale central bank money and securities in North America. The Regulated Settlement Network PoC (RSN PoC) will involve simulated delivery versus payment (DVP) transactions that have been […]

US Issuers of Commercial Debit and Credit Cards — 2023

JPMorgan Chase was the largest commercial card issuer for all products combined in 2023 (as it was in 2022). Its market share of the issuers shown was 18.07%, down from 18.22%. Its corporate card volume increased 14.8% to $5.36 billion.

Worldline Consulting for Digital Merchants

Worldline supports more than 1 million merchants in Europe, North America, Latin America and Asia-Pacific. They generate nearly 30 billion transactions annually, including transactions handled as a third-party processor. The number of digital merchants exceeds 250,000. Those businesses generate more than 2.5 billion transactions annually.

BMO Virtual Corporate Cards

The virtual card gives cardholders the opportunity to make purchases in a store, taxi or other physical location by using mobile wallets on their business or personal phone, either Apple or Android.