Infineon NFC Chips for Prepaid Cards
The Infineon chips are sold with software that requires buyers to use their own smartphones to activate the cards. The software also lets buyers monitor their card’s balance after making a purchase.
Area of Interest: Payment Card Issuing
Capital One to Buy Brex
The largest consumer credit card issuer in the US measured by outstanding receivables, Capital One, will pay $5.50 billion in cash and stock to buy Brex, which provides a vertically integrated platform that offers commercial cards, spend management software and banking services. The transaction is expected to close by the middle of 2026. Brex has […]
Payment Cards Projected thru 2030
Among global brand general purpose cards, UnionPay cards are expected to hold a 33.78% share in 2030, followed by Visa, Mastercard, JCB, Amex and Discover/Diners Club.
JPMorgan Chase to Buy Apple Card Portfolio
JPMorgan Chase, the largest US credit card issuer based on purchase volume, will become the top issuer based on outstanding receivables when it closes on the acquisition of the more than $20-billion Apple Card portfolio from Utah-based Goldman Sachs Bank USA. Chase will pay a discount on that amount in the 7% range.
US General Purpose Card Networks through 3Q 2025
From January 1 through September 30, 2025, American Express, Discover, Mastercard and Visa brand credit, debit and prepaid cards issued in the US generated $8.469 trillion in purchase volume for goods and services. This was up 6.4% compared to the first nine months of 2024.
Walmart Opposes Merchant Settlement with Mastercard, Visa and Top Card Issuers
Walmart would prefer going to trial versus accepting the out-ofcourt settlement. The retailer states the proposed settlement “ignores the best possible relief that the class stands to obtain if the pending antitrust claims (which have already survived summary judgment) are vindicated at trial.”
Global Brand Card Transactions Projected Worldwide — 2030
Asia–Pacific is the top region for global network cards. Purchase transactions are projected to reach 518.56 billion in 2030, up 35.4% from 2025.
Global Brand Cards Worldwide — Midyear 2025
When measuring all purchase transactions on the global networks for the first six months of 2025, debit cards accounted for 65.45%, up 22 basis points (bps) versus the first six months of 2024.
Jifiti White-Label Support for AI-based Lending
White-label embedded lending platform provider Jifiti can provide the orchestration layer that lenders need to facilitate an entire AI-based lending process, including loan origination, know your customer (KYC) and know your business (KYB) compliance, verification of identity and documents, fraud protection, underwriting of credit and more. Lenders that link to Jifiti don’t need to replace their existing core systems. Jifiti automates their systems to deliver real-time credit decisioning.
Top 150 Credit Card Issuers — 2024
The 10 largest issuers accounted for 44.5% of purchase volume among the 150 largest.