Mentioned Companies:

Fiserv Seeks Bank Charter

Fiserv, the largest publicly traded processor in card payments at year-end 2023 with a market capitalization of $81.15 billion, applied to the state of Georgia for a merchant acquirer limited purpose bank (MALPB) charter on January 12, 2024. If the charter is granted, and Visa and Mastercard allow Fiserv direct access to their networks, the company will be able to handle financial settlement with merchants for card payments they receive without using a bank partner. The Georgia Department of Banking and Finance has made MALPB charters available to nonbanks since 2012. However, no MALPB has ...

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January 2024
Headlines in this Issue
Charts in this Issue

Payment Cards in Circulation Projected through 2028

Market Shares of Payment Cards in Circulation at Year-End 2023

Visa & Mastercard Worldwide thru 3Q 2023

Discover Card 2023 vs. 2022

Merchant Acquiring, Processing—Investments by Region 2023

Investments in Merchant Acquiring 2023 by Region

Largest Investments in Merchant Acquiring and Processing in 2023

Publicly Traded Companies in Payments, January 23, 2024