Citi CAGR

Outstandings for Citibank-branded (Citi) cards in North America continues to erode, declining 4.3% last year from $70.5 billion at EOY 2013. Since 2009, Citi’s outstandings posted a compound annual growth rate (CAGR) of -3.39%, according to CardData. Among Citi’s peers, BofA and Chase are also in negative CAGR territory.

Visa Regions 2014

Visa’s Central Europe – Middle East – Africa (CEMEA) region remains the fastest growing international region with Gross Dollar Volume (GDV) up 16.8% Year-on-Year (YOY). However, Visa’s Asia Pacific region continues to claim the lion’s share of the international market with a 45.3% share, but Quarter-to-Quarter (QOQ) growth is slowing, according to CardData.

MasterCard GDV Q1

MasterCard’s (MC) global gross dollar volume (GDV) rose 6.0% on a nominal U.S dollar basis in 2014, but currency adjusted is up 12.9% year-on-year (YOY). The European and Latin America Caribbean regions are the big drivers behind the growth. RAM Research projects MC global GDV will log in around $1110 billion in Q1/15.

Schwab AmEx Card

After a rocky road with prior credit card partnerships, Charles Schwab is setting its hopes on a new co-brand relationship with American Express. The two companies inked a multi-year deal to issue two new premium co-branded cards, presumably a charge card and a credit card in early 2016.

Oberthur Shenzhen

Oberthur Technologies, based in France, is investing in its manufacturing hub in Shenzhen to boost production capacity for its display and dynamic CVV (dCVV) cards. Shenzhen, which is strategically located at the heart of one of the largest global electronic ecosystems.

Blackhawk RAN Patent

Prepaid card specialist Blackhawk Network has been issued a patent that covers the DirectSpend RAN program and equivalent methods of filtering transactions. Blackhawk also owns a variety of patents that apply to e-wallet technology, swipe reload technology, card network processing, digital gift card delivery, gift card exchange, and card security technology.