The Asia-Pacific region’s 50 largest issuers of UnionPay, Visa, Mastercard, Maestro, JCB, Diners Club and American Express general purpose credit, debit and prepaid consumer and commercial cards as well as domestic-only general purpose cards in the Asia–Pacific region are included in charts on pages 8 and 9. Collectively, the top 50 issued 6.70 billion payment […]
Credit, debit and prepaid consumer and commercial cards issued in the United States with American Express, Visa, Mastercard and Discover brands generated $6.749 trillion in purchase volume for goods and services in 2020, up 0.8% from the prior year. Commercial card purchase volume declined 7.5% to $1.389 trillion. Consumer card purchase volume grew 3.1% to […]
Machine learning-based fraud fighting and anti-money laundering technology from Featurespace has been available in the U.K. since 2014. Beginning in 2017, the company started expanding to other countries. Today, there are over 70 clients in 20 countries that use its predictive models based on adaptive behavioral analytics and its ARIC Risk Hub. More than 75% […]
The largest merchant acquirers worldwide of general purpose credit, debit and prepaid card transactions handled in calendar year 2020 are listed here. Figures include consolidated purchase transactions of all global and domestic card brands. Of those listed, 58 handled more than 1 billion purchase transactions. New to the top 150 were Tyro (Australia), Credorax (Malta), […]
Hardware from BBPOS is used by merchants to accept card payments in 40 countries. The company’s product line includes devices inserted into smartphones that read contact and contactless chips and magnetic stripes, pocket-sized PCI-compliant handheld mobile terminals that handle chip & PIN and connect via Bluetooth to phones and tablets and smart tablets. More than […]
Pentadata uses machine learning to create signals (physical support of information) and value-added concepts that extract actionable information from raw consumer payment and financial data. Raw data is received from issuers, processors, card networks and credit bureaus by way of consumers who have agreed to make it available to third parties. Signals are shared via […]
Payments Verifone will partner with BitPay to enable cryptocurrency payments on Verifone’s in-store and online platforms in the U.S. Consumers will not need to have a BitPay account. In-store transactions will use QR codes and approved crypto wallets. BitPay also announced a partnership with Wix, an ecommerce platform provider. Bakkt, a digital-asset marketplace, has partnered […]
Purchase volume generated by Mastercard and Visa brand commercial cards issued in the U.S. reached $1.089 trillion last year, up 10.8% over 2018. This was the first year commercial card purchase volume topped the $1-trillion mark. Commercial card products accounted for 19.00% of combined U.S. consumer and commercial card purchase volume of $5.732 trillion, up […]
The proposed acquisition of MUFG Union Bank by U.S. Bank will bring the buyer 1 million new consumer customers and 160,000 small business customers based on the West Coast. At midyear 2021, Union Bank’s credit card portfolio held $485.8 million in outstandings. It ranked 43 largest among Visa and Mastercard credit card issuers. The bank’s […]
Shipments of new point-of-sale terminals grew to 135.0 million in 2020, an increase of 7.9% over 2019. POS terminal shipments by region are shown on pages 6 and 7. Terminals counted here include countertop, multilane, tablet and handheld devices with integrated chip and/or magnetic-stripe card readers. Also counted are unattended devices, terminals that can read […]
