Cold Storage Wallet for Stablecoins Adds Card Payments
CompoSecure’s Arculus Cold Storage Wallet was launched three years ago to provide consumers and businesses with self-custody and management of stablecoins and other digital currencies.
Area of Interest: Payment Card Issuing
Capital One and Discover Merger Update
All financial regulatory approvals have been obtained, and Capital One is expected to finalize its merger with Discover Financial Services (DFS) on May 18, 2025. The companies announced their deal in February 2024. At that time, it was an all-stock transaction valued at $35.30 billion. Outstanding enforcement actions against Discover relating to fees charged merchants […]
ICBA Payments and Mastercard Partnership
Many community banks have not deployed contactless cards owing to their added costs. This has put them at a disadvantage versus larger competitors. Providing Mastercard contactless cards is expected to help them be more competitive as well as to provide the opportunity to reactivate dormant accounts.
The 50 Largest US Debit Card Issuers—2024
The three largest issuers—JPMorgan Chase, Wells Fargo and Bank of America—accounted for 48.27% of the $2.952 trillion in debit and prepaid purchase volume generated by the top 50 issuers in 2024.
Second 50 US Mastercard and Visa Credit Card Issuers—2024
For the complete ranking, please download Issue 1283.
Card-Present Transactions for Online Merchants
Software that enables card-present transactions for online merchants by using a buyer’s phone to enter a PIN is available from start-up Burbank.
Dynamic CVV Module
Unlike tokens, dCVVs have the added benefit of being a security element that is visible, which provides cardholders with some peace of mind.
Entrust’s NFC IPhone Wallets
Mastercard, Visa and domestic-only credit and debit cards in Europe can be added to issuer-branded wallets on iPhones using HCE (host card emulation) technology from Entrust.
Global Brand Cards in Latin America and the Caribbean—2024
American Express, Diners Club, Mastercard and Visa brand
credit, debit and prepaid cards issued in Latin America and the
Caribbean (LA&C) region generated $1.588 trillion in purchase
volume for goods and services in 2024.
Token.io Uses API Connectivity for A2A Payments
Last year, Token.io handled 62 million A2A transactions averaging $2 billion monthly. The average transaction amount was $400.
