VantageScore Gains New Patents for Credit Scoring

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VantageScore Gains New Patents for Credit Scoring

Financial institutions, credit card issuers, auto lenders, fintechs and others in the US used VantageScore credit scores 27.00 billion times in 2023, up 42% over 2022. Nonfinancial institutions, which included government agencies, accounted for slightly more than half of the credit scores Credit card issuers accounted for 37%. Card issuers increased their use of VantageScore by 172% in 2023 to 10.01 billion scores. The top three credit bureaus in the US—Equifax, Experian and TransUnion—all own equal shares in VantageScore, which they formed in 2006. VantageScore touts being the first...

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Nilson Report

1263

May 2024

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US Commercial Cards—Percent Change and Market Shares in 2023

Largest Issuers of US Commercial Cards—Ranked by Purchase Volume

US Issuers of Commercial Cards—Change in Purchase Volume 2023 vs. 2022

Small Business Commercial Debit Cards — Ranked by Purchase Volume

Market Shares of Debit Purchase Volume on Commercial Cards

Small Business Commercial Debit Cards — Ranked by Purchase Volume

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Small Business Credit Cards —Ranked by Purchase Volume

Market Shares of Purchase Volume on Commercial Credit Cards

US Mastercard and Visa Commercial Card Issuers Ranked by Purchase Volume in 2023

Investments & Acquisitions — April 2024

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VantageScore Gains New Patents for Credit Scoring

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