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Newsletter

1292

September 2025 | Current Issue

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The Nilson Report, in its 55th year of publication, is the most respected source of news and analysis of the global card and mobile payment industry. Published bi-monthly.

16th Annual Research Publication

The World’s Top Card Issuers
and Merchant Acquirers

The World’s Top Card Issuers and Merchant Acquirers research publication is now in its 16th edition, and includes over 1,390 financial institutions in more than 120 countries.

Our Free Trial Offer Just Got an Upgrade
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Free trial access now includes all subscriber benefits, including complete data tables on issuers and acquirers worldwide and our exclusive subscriber portal.
No Restrictions. No payment card required.

See why executives in 80+ countries rely on the Nilson Report for best-in-class data and business intelligence.

Featured Chart

Europe Global Network Cards—2024

The general purpose brand cards issued in Europe generated 153.30 billion transactions in 2024 for purchases of goods and services, up 13.5% from 2023.

First-Party Fraud Dispute Automation for Card Issuers

Casap offers issuers technology they can deploy to automate their back offices to fight first-party fraud, which could involve a measure of deceit on the part of a cardholder.

Expertise

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Select a topic and use the filter by region below to find articles that match a specific area of interest.

Subscriber Companies

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STATS

Payment Card Fraud

$ 0

billion was lost to fraud
worldwide in 2023

0 %

of those losses
occurred in the U.S.

$ 0

billion in worldwide losses are
projected over the next ten years

Industry Events

Keep current with industry events, and take advantage of special promotions.

Featured Event

Trustech 2025

December 2-4, 2025

Trustech is the annual meeting place of the card and trust technology industries. The event remains a popular mix between tradeshow and conference with over 200 international exhibitors, and around 100 international speakers covering the latest technologies and trends in the fields of Payments & Identification.

Subscriber Testimonials

Melody Cuff, on behalf of President

, EVP, Chief Acquisitions Officer

, Oliphant Financial

The production quality of NR is simply unmatched. If you want to know what's happening at the cutting edge, NR will not only make sure you see it, but provide you with specific contact information you can act on today! NR is an efficient publication. It's quick to get to the point while not being overcrowded, making it the most enjoyable layout I see each month. As a fan of more than 20 years, I look forward to NR more than any other subscription.

Thomas DeLuca

, Global POS Lending Tribe Lead

, ING

Throughout my 25+ years in the ever-evolving merchant payments industry, the Nilson Report has been a constant companion — an essential source of information, and a means for connecting to the “who’s who” in the space. If there is one “must read’ to stay informed about payments, it is the Nilson Report!

William Maurer

, Professor, Institute for Money, Technology & Financial Inclusion

, University of California, Irvine

As a researcher in the payments space, I have come to depend upon the Nilson Report's independent and comprehensive reporting and data. It's really one of a kind.

Hans Morris

, Managing Partner

, NYCA Partners

I have been reading the Nilson Report for several decades now, and consider it indispensable for anyone in the payments industry. I also admire its utterly unique approach to journalism: clear, concise, accurate information and insights that are free of advertising and tendentious sourcing. We could use more of this!

Carolo Specogna

, VP of Product Strategy for Card Services

, FISERV

The Nilson Report is an indispensable guide to the movers and shakers in the cards and payments industry. Providing a comprehensive overview of payment trends and useful data both in the US and globally, Nilson enables Fiserv to keep our finger firmly on the pulse of the challenges and opportunities facing issuers, acquirers, financial institutions, fintechs, analysts, academia and others.

Donald Kossman

, General Manager, Fraud Protection

, MICROSOFT

The payment industry is going through a digital transformation and innovating in many ways. In these times, it is critical to have great data and insights. That is why we at Microsoft are so thankful to have the Nilson Report and cannot wait for the next edition.

Latest Industry News

Industry News

September 17, 2025

Equifax Launches Identity Proofing Solution in Award-Winning Kount® 360 Platform

Equifax has launched Identity Proofing to its Kount 360 Identity and payments fraud platform. Identity Proofing is added to the customer onboarding process to confirm that information provided by applicants is real, affiliated with the person, is trusted, and not from any sanctions or global watch list. It includes integrated document verification and facial recognition biometric checks.

Latest Nilson News

Nilson in the news

September 9, 2025

The Atlantic

The Debit-Card Rebellion

"Around the turn of this century, credit accounted for more than two-thirds of card purchases and debit for about one-third, according to data from the Nilson Report, an industry-research publication."