Consumer and commercial debit and prepaid cards issued by financial institutions that were the 100 largest in the US generated $3.118 trillion in purchase volume in 2024, up 2.6% from 2023. That purchase volume includes Visa and Mastercard networks as well as the domestic debit networks, including Star, Pulse, Nyce and Accel. For the ranking, […]
The UK’s Competition Appeal Tribunal has ruled unanimously that Visa and Mastercard rules pertaining to default multilateral interchange fees (MIFs) violate competition laws in the UK and Ireland.
For the complete ranking of Global Brand Card Network Results Worldwide in 2024, please log in and download Issue 1288.
BVNK provides digital wallets that businesses use to hold US dollar-denominated stablecoin assets. Highnote provides cloud-based card account processing to businesses with commercial card products. The companies have become partners. Businesses use Highnote for fleet, corporate and prepaid commercial card products. All spending tied to cards on the Highnote platform is prefunded. Businesses use the […]
Other factors that motivate the move to sovereignty these days include stricter European standards for the protection of commercial and personal data, using tougher European protocols to secure card transactions and the desire to impose lower interchange and network fees for transactions that occur between a cardholder and merchant from different countries within Europe.
Issuers of commercial credit card products that carry the Mastercard and Visa brands in Canada are ranked by purchase volume in 2024.
Start-up Affiniti, which has received $28 million in two funding rounds, provides unsecured credit cards to owners of small businesses in the US who are members of trade associations. While the number of independent businesses in many vertical markets are shrinking due to consolidation, those that remain are often outside of the targeted area of […]
Safecypher’s dynamic CVV can be used with Apple and Android smartphones and tablets that incorporate biometric authentication.
Visa and Mastercard credit card issuers in the US ranked 101 through 150 largest based on outstanding receivables at yearend 2024 are listed here. Consumer, business and commercial credit card products are combined.
Most buy now, pay later (BNPL) purchases initiated through fintechs are authorized outside of the global card networks yet the vast majority of those transactions are paid off using a global brand debit card.
