Companies featured in this issue include:

General Purpose Cards in Latin America

Western Union Cross-Border Mass Payments

Second 50 U.S. Visa and Mastercard Credit Cards

Apexx Global Gateway for Payment Orchestration

Invoiced Joins Mastercard’s Track Program

Enacomm’s Self-Service SaaS

Second-Look Credit Cards

Feitian Handheld Biometric POS Terminals

White Label Alliance for Domestic Cards and Closed Loop Systems

Rakuten Card Linked Offers Network in the U.S./Canada

Latin America’s Global General Purpose Cards—Purchase Transaction Shares

Latin America Spending, Transactions and Cards by Global Brand

Latin America Market Shares of Purchase Transactions 2000-2020

Second 50 Largest Visa/Mastercard Credit Card Issuers–Ranked by Outstandings

On pages eight and nine we list U.S. Visa and Mastercard credit card issuers ranked from 51st to 100th largest at year-end 2020 by outstanding receivables. The 50 largest issuers were ranked in issue #1192.

51. Zions Bancorporation, Utah
$364.9 million outstandings, –11.7%
52. Security Service FCU, Texas
$347.2 million outstandings, –13.6%
53. First Tech FCU, California, Oregon,
$334.5 million outstandings, –11.6%
54. Redstone FCU, Alabama
$331.1 million outstandings, +17.0%
55. Virginia CU, Virginia
$317.9 million outstandings, –9.1%

The fastest growing segment of the U.S. payment card industry is products for consumers with nonprime credit scores. Companies including Atlanticus, Genesis Financial and Continental Finance provide credit cards to this market. Products include private label, general purpose and medical expenses credit cards and installment...

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