Middle East and Africa’s 50 Largest Card Issuers — 2022
Issuers from 49 countries are ranked on pages 12 and 13. These were the 50 largest issuers of credit, debit and prepaid general purpose and domestic-market-only cards in the Middle East and Africa (MEA) region. The top 50 combined issued 228.3 million consumer and commercial cards. Those cards generated $469.14 billion in purchase volume […]
DataDome Protects APIs
Payment service providers integrate with ecommerce merchants by using APIs. These gateways connect databases, spreadsheets or SQL servers that contain personally identifiable, financial and other confidential information—structured data that is highly desirable to hackers and other cybercriminals intent on committing fraud. DataDome specializes in protecting APIs from abuse. The company says that APIs too […]
Middle East and Africa’s Top Merchant Acquirers — 2022
The 36 largest acquirers represented 16 countries. Collectively, they processed $308.45 billion in purchase volume from 7.22 billion Mastercard and Visa transactions, up 41.8% over 2021.
Global Network Card Results Worldwide — 2022
Total volume—purchases of goods and services combined with cash advances and withdrawals—was $40.645 trillion in 2022, a local currency percentage increase of 4.4% over 2021.
Mastercard Supports Sustainable Payment Cards
Beginning January 1, 2028, card manufacturers worldwide will be required to produce new Mastercard brand cards from recycled or bio-sourced materials.
Kount 360 Payments, Identity and Compliance
The range of services available from Kount 360 help identify, prevent and respond to attempted fraudulent transactions.
Digital Currency Update
Stables, an Australia-based digital wallet provider, has partnered with Marqeta to offer a Mastercard prepaid card. Users can convert digital assets into fiat currency for retail spending. TBD, a Block-owned developer platform focused on digital currencies, has partnered with Yellow Card, a digital currency exchange that operates in 16 African countries. In March, the companies […]
Acquisitions and Financing Deals in Payment Cards — 2022
There were 54 acquisitions and financing deals in payment cards last year in 13 countries.
NewNet’s Secure Transaction Cloud
NewNet’s cloud-native software handles most of the basic network functions required for payment processing.
Digital Currency Update
Brazil’s central bank announced it would launch a CBDC pilot, with public testing taking place at the end of 2024. Bybit, a digital currency exchange, launched a Mastercard debit card for customers in Europe. Users will be able to spend from several digital currencies with automatic conversion to fiat at the point of sale, as […]