Newline by Fifth Third Supports Fintechs

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Newline by Fifth Third Supports Fintechs

As a third-party processor of PIN-based (ATM and POS) transactions, and as an acquirer of card payments from merchants, Fifth Third Bank was a pioneering contributor to the growth of the card payment system in the US. Over time, Fifth Third divested those assets, which included Jeanie, the first shared ATM and POS network, which was founded in 1977, and a portfolio of merchant processing contracts (Vantiv). Today, those assets are owned by Worldpay. More recently, Fifth Third decided to build a new API-based payment processing platform capable of delivering credit, debit and prepaid card...

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Nilson Report

1271

September 2024

Headlines in this Issue

Charts in this Issue

Top US General Purpose Credit Card Issuers at Midyear

Top 10 US General Purpose Credit Card Issuers at Midyear — First Six Months 2024 vs. 2023

Top Issuers of General Purpose Cards in the US — Ranked Separately by Purchase Volume at Midyear and Outstandings on June 30, 2024

Market Shares of Visa/Mastercard Purchase Volume — First Six Months of 2024

Visa & Mastercard at Midyear — Outstandings and Cards

Visa & Mastercard at Midyear — Purchase Volume and Total Volume

US Debit Card Purchase Volume — 2010 through 2023

APAC’s Top 10 Acquirers of General Purpose Cards

Top 38 Merchant Acquirers in Asia–Pacific

Investments & Acquisitions in Fraud Fighting and Security — January through September 2024

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