Nilson in the News
Relevant and respected. The Nilson Report is quoted by more business news publications than any other in the payments industry.
A sampling of the articles where our proprietary data has been featured this past 12 months appears below.
Nov 24, 2021
List of Credit Card Companies: Top Cards and Issuers
"...the top credit card issuers in the U.S. hold more than 80% of the market share, according to the Nilson Report. In other words, roughly 8 out of 10 credit cards in the U.S. are from one of these issuers..." > See Article
Nov 19, 2021
What Is ´Friendly Fraud´ Costing Your Business?
"Payment card fraud losses, which include both conventional and friendly fraud, rose above $32 billion worldwide this year, up more than a third from 2017 levels, according to the Nilson report." > See Article
Nov 18, 2021
Consumers caught in middle as Amazon, Visa clash over fees
"Visa is the dominant payment network in Europe, with 58% of the market, while MasterCard has 41% and American Express 1%, according to the Nilson Report, an industry publication." > See Article
Nov 16, 2021
Credit card start-up Upgrade jumps 83% in valuation in just four months to $6.28 billion > See Article
Nov 9, 2021
Standard Bank enabled UnionPay contactless payments across South Africa "The Nilson Report (Issue 1154) shows that UnionPay ranks first among all card schemes in terms of cards issuance and transaction volume worldwide." > See Article
Oct 5, 2021
Wells Fargo taps credit-averse customers with Reflect card
"Reflect can help Wells Fargo attract new customers and stop its market share from being eroded by fintechs like digital bank Upgrade.... Upgrade´s flexible card was pegged as the fastest-growing US credit card by outstandings, per the Nilson Report." > See Article
Sept 28, 2021
American Express 2020-2021 Environmental, Social, and Governance Report
American Express "...maintained the lowest fraud rate among the major credit card networks for 14 consecutive years according to the February 2021 Nilson Report." > See Article
Sept 28, 2021
Fitch Removes UCO on NCR Corporation and Related Entities; ´BB-´ IDR Affirmed
"The Nilson Report projects cash usage will decrease from 22% of transactions in the U.S. in 2019 to 12% by 2024." > See Article
Sept 28, 2021
Fitch Removes UCO on NCR Corporation and Related Entities; ´BB-´ IDR Affirmed
"The Nilson Report projects cash usage will decrease from 22% of transactions in the U.S. in 2019 to 12% by 2024." > See Article
Sept 27, 2021
Which companies are set to hit $1 trillion in value next?
"Visa facilitates electronic transfers all around the world. According to the Nilson Report, the company processed 100 billion transactions via its global network, VisaNet, during 2014, worth a total value of $6.8tn." > See Article
Sept 21, 2021
Visa steps up card perks to sustain growth as the US considers life beyond the pandemic
"Last year, Visa held a 40% share in global network purchase volume, with Mastercard trailing at 24%, per the Nilson Report." > See Article
Sept 8, 2021
Positive Technologies Uncovers Vulnerabilities in PAX Point-of-Sale Terminals That Could Be Exploited to Commit Fraud
"Positive Technologies researcher, Artem Ivachev discovered three vulnerabilities in mobile Point-of-Sale (POS) terminals from PAX Technology, a company that ranked third in the global POS terminal market in 2019, according to The Nilson Report. Now patched, the vulnerabilities affected PAX S920 and PAX D210..." > See Article
Sept 7, 2021
2 Smart Stocks That Millionaires Are Buying
Mastercard is the third-largest payments network in the world, capturing 24% of purchase transactions in 2020, according to The Nilson Report. > See Article
Sept 1, 2021
Stripe´s UnionPay partnership might attract sellers looking to tap Chinese cross-border ecommerce
"In 2019, UnionPay was the largest card network worldwide: It counted 8.4 billion branded cards worldwide, up from 6.69 billion in 2017, per The Nilson Report—nearly all of which are in China." > See Article
Sept 1, 2021
PayEm comes out of stealth with $27M and its answer to the expense report
"The global B2B payments market is valued at $120 trillion annually and is expected to reach $200 trillion by 2028, according to payment industry newsletter Nilson Report." > See Article
Sept 1, 2021
PayEm secures USD 27 mln in funding
"At the same time, (the) Nilson Report estimates that annual B2B payment volume presently sits at USD 127 trillion and is expected to reach USD 200 trillion by 2028." > See Article
Aug 24, 2021
Payment Cards Finally Set to Lose Their Stripes "Not coincidentally, the U.S. remains the undisputed world leader in credit card fraud. In 2019, worldwide card losses totaled $28.7 billion, of which the U.S. was responsible for more than one-third, despite only accounting for one-fifth of the world´s card-payment volume, according to data from Nilson Report." > See Article
Aug 19, 2021
Paying With a Credit Card? That’s Going to Cost You. "The total dollar amount of these merchant fees from Visa and Mastercard credit cards more than doubled between 2012 and 2019 to $67.6 billion, according to the Nilson Report." > See Article
Aug 16, 2021
What is a PCI Audit? And How to Get Your Business Ready
"Today, payment card fraud is a booming business with no signs of slowing—out of every hundred dollars spent with a bank card, roughly six dollars and change is stolen, according to Nilson Report numbers." > See Article
Aug 11, 2021
MOCA launches browser-based online payment assistant Mia
"According to The Nilson Report, credit card fraud is on the rise in the U.S., leading to billions of dollars in losses every year." > See Article
Aug 10, 2021
Amazon to introduce 0.5% surcharge for Visa credit card transactions in Singapore
"According to statistics from payments industry research firm Nilson Report, cards from Visa accounted for 34 per cent of global card payment transactions in 2019, while Mastercard accounted for 19 per cent." > See Article
Jul 23, 2021
Fake It to Make It: Companies Beef Up AI Models With Synthetic Data
"American Express has had the lowest U.S. fraud-loss rates among the major banks for the past 14 years, according to a February Nilson Report, a source of news and statistics on the payment industry." > See Article
Jul 15, 2021
The Association for Convenience & Fuel Retailing
Merchants Welcome President´s Order on Competition
"Banks that issue Visa and Mastercard credit cards charge merchants an average 2.25% of the purchase price to process transactions, according to the Nilson Report, a global news and statistics provider for the payment industry."
> See Article
Jul 14, 2021
2022 Prepaid Card Growth Projections Swing Door Open Wide for Adoption of White Label Programs...
"This past November, the leading card and mobile payment industry trade publication, The Nilson Report, announced growth projects for the niche that likely have marketing executives around the globe taking a fresh look at their brand public relations plans to factor in white label prepaid card programs as a driving tactic." > See Article
Jul 8, 2021
Payment solutions: Transaction evolution and the IoT
"According to data by the Nilson Report, there were 368.92bn digital purchase transactions for goods and services globally in 2019 - translating into 1.01bn credit card transactions alone, daily." > See Article
Jul 7, 2021
Investors Launch Another Corporate Card FinTech Into Unicorn Status
"Bank of America was recently named as the top Visa and Mastercard commercial card issuer by the Nilson Report’s 2020 Rankings..." > See Article
Jul 1, 2021
BofA Ranks No. 1 in Nilson Report’s US Commercial Credit Card Rankings
"In an extraordinary year for payment trends, Bank of America once more retained its ranking as the top issuer of Visa and Mastercard commercial credit card solutions in the U.S. The 2020 rankings, published by the financial industry publication The Nilson Report, represent the seventh consecutive year wherein Bank of America has achieved the top honor." > See Article
Jun 25, 2021
Fighting (fake) fire with fire: can deepfakes catch financial scams?
"Global payment card fraud losses reached $28.65 billion in 2019, according to the Nilson Report." > See Article
Jun 22, 2021
Deutsche Bank, Fiserv team up in German market
"That combination made Fiserv the fifth-largest U.S. merchant payment acquirer last year, based on card transaction volume, according to research from the Nilson Report." > See Article
Jun 16, 2021
Forget Plastic. The World´s Most Exclusive Credit Cards Are Now Made With Metal; and Sometimes Gold
"(The Nilson Report) expects there to be 150 million metal credit cards in use worldwide by the end of 2021" > See Article
Jun 16, 2021
Plaid, Visa, and the best fintech deal that never happened "While Visa and Mastercard accounted more than $5.9 trillion in purchase volume across debit, credit, and prepaid cards issued in the U.S. last year, Visa alone accounted for more than 70% of that figure, according to data from the Nilson Report." > See Article
Jun 8, 2021
Wells Fargo Goes on the Offensive With New No-Fee, 2% Cash-Back Credit-Card "The firm is unusually lopsided among U.S. card issuers. It ranks No. 2 in debit cards but languishes at No. 8 in credit cards, even after revamping its Propel card in recent years, according to the Nilson Report." > See Article
Jun 4, 2021
Marqeta IPO: 5 things to know about the fintech company serving Square, DoorDash and others "Marqeta processed about $60 billion of volume last year, which it notes is less than 1% of the $6.7 trillion of volume that flowed through U.S. issuers in the same period, based on estimates from the Nilson Report, a payments-industry publication." > See Article
Jun 2, 2021
AmEx makes online fraud fighting tech available to more merchants "American Express has had the lowest fraud losses in the industry for 14 consecutive years, according to the February 2021 Nilson Report." > See Article
May 11, 2021
Credit-Card Debt Keeps Falling. Banks Are On Edge.
"Credit-card spending in the U.S. totaled nearly $3.9 trillion on general-purpose and store cards last year, down 9% from 2019, according to the Nilson Report, an industry publication." > See Article
May 11, 2021
7 Reasons to Ditch Dogecoin and Buy These Stocks Right Now
"...By comparison,Visa and Mastercard averaged 700 million transactions daily in 2018, per the Nilson Report." > See Article
May 10, 2021
Retailers Say Fed Move on Debit Card Routing Will Bring Competition to Payments Market
"Card processing fees totaled $116.4 billion in 2019, up 88 percent over the previous decade, according to Nilson Report, a trade publication that follows the card industry." > See Article
May 10, 2021
Retailers Say Fed Move on Debit Card Routing Will Bring Competition to Payments Market
"Card processing fees totaled $116.4 billion in 2019, up 88 percent over the previous decade, according to Nilson Report, a trade publication that follows the card industry." > See Article
May 7, 2021
Cash Discounts Come Back as Small Businesses Tire of Swipe Fees
"In 2019 swipe fees for credit card transactions amounted to $93 billion in the U.S., or 2.2% of credit card sales, according to [the] Nilson Report." > See Article
May 7, 2021
This Figure Suggests Cryptocurrencies Are in a Massive Bubble
"...But according to The Nilson Report released in 2020, there were 368.92 billion credit card transactions worldwide in 2018 for goods and services." > See Article
Apr 30, 2021
Don´t believe the talking points: Cards benefit businesses.
"...Naturally, the op-ed neglected to mention the total cost to merchants has declined by more than 20 basis points in the last decade, according to the Nilson Report."
> See Article
Apr 30, 2021
The payment industry’s rebirth
"According to a 2020 Nilson Report, 10.7 million merchants accept Visa and Mastercard, while 10.6 million accept Discover and American Express." > See Article
Apr 30, 2021
Credit Card Issuers in COVID-19: Debt relief, stimulus checks, & vaccine impact
"Card payments´ transaction share—roughly two-thirds in 2019, per the Nilson Report—rose to roughly 81.4% of ecommerce transactions and 76.8% of in-person payments in 2020, per FIS." > See Article
Apr 29, 2021
Retail organizations sue Fed over debit law enforcement
"Visa and Mastercard debit card processing fees were $19.7 billion in 2019, about equal to fees before the Durbin amendment was passed, the NRF estimates, citing data from the Nilson Report." > See Article
Apr 9, 2021
Excessive Online Credit Card Rejections During Pandemic Mean Frustration for Consumers, Missed Sales for Retailers
"Payment card fraud averages 0.08 percent of in-person transactions, but 0.18 percent online, according to the Nilson Report." > See Article
Apr 9, 2021
Payroc plans to keep buying up payments players Still... (Payroc is) growing rapidly, with a 15.6% jump in volume last year, according to payments industry research firm Nilson Report, which shared the report with Payments Dive. > See Article
Apr 8, 2021
Most big debt collectors backed off during the pandemic. One pressed ahead.
"In 2005, Sherman bought a small bank, rebranded it Credit One, and increased the business from $647 million in outstanding credit-card receivables in 2006 to $6.81 billion in 2020, the most recent reported figure, according to Nilson Report." > See Article
Apr 6, 2021
Zwipe signs up Indian partner to manufacture biometric payment cards KL Hi-Tech is the second-largest payment card manufacturers in India, and 31st in the world according to the 2020 Nilson Report. > See Article
Apr 6, 2021
It´s time to Ditch plastic cards, says former banking boss
"There are more than 22 billion plastic payment cards in circulation worldwide, according to data published by Nilson." > See Article
Apr 2, 2021
APAC´s Massive Digital Payments Shift Fuels Featurespace´s Growth in Singapore "By 2025, the Nilson Report estimates that consumers using global branded cards issued in the region will account for 44.86% of the world’s total purchases." > See Article
Mar 23, 2021
Top Credit Card Issuers Reduced Credit Limits by $99 Billion in 2020
"According to figures from the Nilson Report... Capital One had nearly 51 million active card accounts in 2019. The tally for JPMorgan Chase was slightly over 42 million, and Citigroup was just shy of 40 million."
> See Article
Mar 23, 2021
Should the Rise of Modern Card-Issuing Platforms Worry GPN Investors?
"According to Nilson, debit purchase volume of the top 50 debit card issuers in the US increased from +6% on average in 2016-2017 to +8% in 2018-2019."
> See Article
Mar 15, 2021
This credit union is going after Chase cardholders. Will other lenders do same?
"Most credit unions already have the ability to determine how members are making payments outside of their own institution, the latest Nilson Report on payments showed the nation´s eight largest banks currently account for 75.8% of all outstanding credit card debt."
> See Article
Mar 5, 2021
Fitch Assigns First-Time Rating of ´BB-´ to NCR Corporation
"The Nilson Report projects cash usage will decrease from 22% of transactions in the U.S. in 2019 to 12% by 2024." > See Article
Feb 26, 2021
Mastercard and Visa Credit Card Fee Hikes May Be On the Horizon
"...global card fraud has been steadily increasing and is projected to reach $32.04 billion in 2021, per (the) Nilson Report." > See Article
Feb 24, 2021
Covid-19 Shopping Makes Card Fees a Bigger Burden for Merchants
"The amount of Visa and Mastercard credit-card interchange fees paid by U.S. merchants actually fell last year, down 17% to $44.4 billion, according to the Nilson Report..." > See Article
Feb 11, 2021
Here Are 3 Great Starter Stocks
According to the Nilson Report, Visa operates the world´s largest payments network, connecting financial institutions, merchants, and consumers in over 200 countries and territories. > See Article
Feb 9, 2021
Wells Fargo Decides to Keep Its Private-Label Credit Card Unit "...Even before the pandemic, Wells-Fargo didn´t rank among the top five firms in the space, according to (the) Nilson Report, which tracks the industry." > See Article
Feb 8, 2021
The Bancorp Provides Prepaid Debit Card and Technology Solutions to Non-Bank Financial Firms
"Business solutions enabled by The Bancorp have helped make the company the #1 issuer of prepaid card volume for eight strait years and the eighth-largest issuer of debit cards by purchase volume according to data from the Nilson Report." > See Article
Feb 2, 2021
BofA Securities Adds 3 Blue Chip Leaders to US 1 List of Top Stocks to Buy
"According to Nilson estimates, Mastercard is the third-largest global credit and debit network, as measured by volume." > See Article
Jan 27, 2021
Credit Card Fraud Will Increase in Due to the Covid Epidemic, Experts Warn
"Payment card fraud losses reached $28.65 billion worldwide in 2019, according to the most recent Nilson Report data. The United States alone is responsible for more than a third of the total global loss, making it the most card fraud-prone country in the world." > See Article
Jan 27, 2021
Apple Pay Offers Germ-Free Shopping—If Only We Could Figure Out How it Works "In 2019, they (mobile wallets) represented roughly 4% of card purchase transactions in the U.S., according to the Nilson Report, a trade publication. Apple Pay accounted for most of them. > See Article
Dec 14, 2020
Covid-19 Has Accelerated The Evolution Of The U.S. Credit Market
"The (Nilson) Report revealed: ´Because credit card penetration in most markets in Latin America is less than 15%, the opportunity for BNPL lending is substantial." > See Article
Dec 14, 2020
Three Stocks for Christmas Shopping
"Senior equity analyst Brett Horn... says: "According to the Nilson Report, Visa holds over 50% market share (by purchase volume) in the US, Europe, Latin America and the Middle East and Africa." > See Article
Largest Credit Card Portfolios Worldwide
