M&A in Merchant Processing and Acquiring—2025

The largest transaction in 2025 was the purchase of global merchant acquirer Worldpay by its competitor, Global Payments. Worldpay had been owned by financial services technology company FIS and private equity firm GTCR. The deal, which closed this month, was valued at $24.25 billion.

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.

Fime Testing, Certification and Strategy Consulting

Fime’s fully automated testing platform and its testing services businesses generate 80% of the company’s revenues. Those revenues come from three markets—payments, digital identity and smart mobility (ticketing).

Card Manufacturers — Part 2

The first part of our annual ranking of card manufacturers was published in Issue 1295. That article focused exclusively on payment cards shipped in 2024.

POS Device Shipments—Part 2

There are 36.9 million devices featured in this issue. Of that amount, 63.35% were QR code readers, 24.48% were dongles, 7.90% were multilane and PIN entry or contactless-only PIN pads, 2.40% were non-PCI-certified devices and 1.87% were ECRs.