Article

Mentioned Companies:

Credorax Adds Core Banking Platform

in 2011 for ecommerce merchants that sold digital goods. Steady growth since then has led to processing 170 million card payments (mostly Visa and Mastercard) in 2018, valued at $7.00 billion. The company operates under a banking license from the Malta Financial Services Authority. In the fourth quarter of 2015, Credorax secured a license from regulators to offer full commercial banking services to online merchants that operate in one of the 32 countries of the European Economic Area. Credorax is performing banking services using cloud-based Temenos T24 Transact core banking software. The T...

Want to read more?

Please log into your subscriber account.
OR

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

© Copyright 2024 Nilson Report

Newsletter

March 2019
Headlines in this Issue
Charts in this Issue

Top Issuers of U.S. General Purpose Credit Cards 2018

Market Shares of Purchase Volume for Top Credit Card Issuers 2008-2018

Shares of Outstandings for U.S. Credit Card Issuers 2018

Top U.S. Credit Card Issuers: Outstandings, Volume, Transactions, Cards

50 Largest Visa & Mastercard Issuers in the U.S. – Ranked by Outstandings

Investments in Merchant Acquiring/Processing in 2018