The nation’s fastest growing Visa and MasterCard major issuer, and the #1 near-prime/sub-prime issuer continues to plow along with solid growth in purchase dollar volume (PDV) and growth in credit card outstandings. RAM Research projects Capital One (COF) will deliver $50.9 billion in PDV and $72.4 billion in outstandings for the first quarter.

MC International PTX

Among MasterCard’s four international regions one of the fastest growing areas is Asia Pacific Middle East Africa (APMEA), posting a 20.5% year-on-year (YOY) surge in 2014 purchase transactions (PTX). APMEA also reported a 16.4% increase in purchase dollar volume (PDV), second behind the Latin America Caribbean (LAC) region with 21.2% in YOY PDV growth.

Tablet-Based POS

UK-based Powa Technologies and CA-based Merchant e-Solutions have partnered to accelerate the adoption of tablet-based payments in the U.S. and Latin America. The two companies will jointly market their complementary POS and payment solutions to help independent software vendors (ISVs) bring their apps to market.