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.
The 40 largest publicly traded payment processors, mostly those that support merchants but including some that also support issuers, are featured here.
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.
Based on knowledge gained from the 250 million transactions it reviews monthly, Darwinium knows that malicious AI agents act differently than AI agents deployed by valid buyers.
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.”
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.
Multinational, enterprise-size merchants are the prospective customers for an in-store and digital commerce payment service that unites Nuvei and FreedomPay. The companies are integrating via Nuvei’s T2A protocol.
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.
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.
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.
