Visa and Brale’s Stablecoin Proof of Concept on the Canton Network

The Canton Network provides transactionlevel privacy not found on other public blockchains, such as Ethereum, Solana, Cardano and Polygon, which are decentralized and open source. On the Canton Network, only parties that are part of the transaction can see its details. Multiple parties can transact using different private ledgers.

Europe’s Top Issuers of Commercial Credit Cards

The Europe-based issuers of commercial credit card products shown here are ranked by purchase volume—spending for goods and services—in 2025. For the complete ranking, log in and download Issue 1310. The table on page 11 is a combination of corporate (T&E), small business credit and purchasing & fleet products including Visa, Mastercard, Diners Club and […]

American Express and Delta SkyMiles Co-Branded Cards

American Express and Delta Air Lines have been co-branded credit card partners for 30 years. There are seven million Delta American Express consumer and business co-branded cardholders—about one-third of all members in Delta’s SkyMiles loyalty program. Last year, co-branded American Express cards generated $8.20 billion in revenue for Delta, an amount that exceeded its operating income tied to flights.

US Debit Card Issuers Ranked 51st through 100th Largest — 2025

Commercial and consumer debit and prepaid cards issued by financial institutions that were the 100 largest in the US generated $3.233 trillion in purchase volume in 2025, an increase of 3.7% from 2024. For the complete ranking, log in and download Issue 1309. That purchase volume includes domestic debit networks, such as Star, Pulse, Nyce […]

UK Banks are Building an Open Payments Network

UKPI transactions will be settled directly between a consumer and a merchant bank. Unlike existing A2A payments, UKPI transactions will carry rules that govern disputes as well as other consumer protections.

Merchant Litigation Settlement Finalized

The settlement was reached only after a major concession by the card networks—they dropped their decades-long honor all cards rules. In principle, merchants can now deny a cardholder from using a particular card product. Candidates for that treatment by merchants would be those cards that charge higher interchange fees.

Cash App Targets Gen Z Spending with Payment Wand

Cash App is adding a proprietary line of near field communication (NFC) accessories linked to its Cash App Visa Card. The first Cash App Tags device is a wand. Cash App and Square are business units of parent company Block. The wand is designed to be kept in the open. It can be clipped to […]

CoinZoom Crypto Debit Card

CoinZoom’s blockchain-based trading platform makes an immediate crypto-to-fiat currency exchange on those transactions. The company maintains SOC 2 Type II enterprise-level data security.

Vera Credit Mastercard Card

Vera Credit launched this month with a direct mail campaign, testing three levels of cash back reward offers to 150,000 prospects. The company is not marketing online because it wants to control applications.