Fourth-Quarter Card GDV

Fourth-Quarter Card GDV U.S. Volume Downshifts 110 bps

Fourth-quarter card GDV (gross dollar volume) for credit/charge card products, among the Major 4 payment networks (Visa [V], Mastercard [MA], American Express [AXP], and Discover [DFS]), lost momentum, growing 7.5% year-on-year (YOY), compared to an 8.2% YOY gain for the prior quarter, and 8.6% YOY for the year ago quarter. On an annual or YOY…

Credit Card Balances

Credit Card Balances Explode in Q4 as CAGR Surges 75 bps

Credit card balances for the fourth-quarter, among the Top 4 U.S. issuers, grew a solid 6.0% year-on-year (YOY), compared to 4.3% YOY in the prior quarter, and compared to 2.8% YOY one-year ago. Among the nation’s Top 4 credit card issuers (Chase [JPM], Capital One [COF], Bank of America [BAC], and Citibank [C]), the annual…

AR VR Music

AR VR & Music For Cards While Plaid & Honey – Buzzes

AR, VR & music are on the menu for 2020 courtesy of Mastercard while Visa ponies up $5 billion for a hot fintech consumer app. Interest in biometrics for payment cards may emerge this year after a sleepy 2019. The IRS has crypto-to-crypto transactions on the radar this tax season, according to Bankcenter and CardBuzz.…

Omnichannel Retail - Paul Walsh

Omnichannel Retail, Acquiring, B2B, ATMs, & AI – Feb Buzz

Omnichannel retail is one the top revolutionary developments in the payments sphere today. Within the next two decades there will be 80 billion connected devices. That includes the devices we carry in our pockets and bags as well as all of the devices we use in our workplaces and homes and literally every other place…

B2B Cybercrime Fintech

B2B & Cybercrime & Fintech EOY 2019 Update

B2B market in Japan is ripe for development as it begins to tap into modern online payment methods. In the U.S., personalization is becoming a bigger part of overall B2B performance. In 2019, data breach was most hurtful to Capital One branding, blockchain platform Nuls was hacked, and Mastercard and RiskRecon team for all out…

Payment Earnings for Q4 & EOY 2019 Disclosed Next Week

Payment earnings reports for the nation’s top credit card issuers, global payments networks and supporting businesses gets underway before the market opens on Tuesday, January 14th. First out of the shoot is Chase (JPM), Citibank (C) and Wells Fargo (WFS), according to CardData and PYRPTS. U.S. Bank (USB) and Bank of America (BAC) are scheduled…