The largest deals were the $190-million investment in Dojo, a UK-based processor with 140,000 customers, and Flatpay in Denmark, which provides POS terminals, processing support and a payment gateway.
The Infineon chips are sold with software that requires buyers to use their own smartphones to activate the cards. The software also lets buyers monitor their card’s balance after making a purchase.
The largest consumer credit card issuer in the US measured by outstanding receivables, Capital One, will pay $5.50 billion in cash and stock to buy Brex, which provides a vertically integrated platform that offers commercial cards, spend management software and banking services. The transaction is expected to close by the middle of 2026. Brex has […]
Among global brand general purpose cards, UnionPay cards are expected to hold a 33.78% share in 2030, followed by Visa, Mastercard, JCB, Amex and Discover/Diners Club.
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.
