[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Gross dollar volume (GDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) in the U.S. climbed 8.1% year-on-year (YOY) in 4Q/15 reaching a record $1443 billion. Visa led the way in the fourth quarter posting a 8.9% YOY gain for U.S. GDV. Visa reported fourth quarter GDV of $841…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. Cash Dollar Volume (CDV) for Visa and MasterCard (credit + debit) in the fourth quarter (4Q/15) grew at an annual rate (YOY) of 5.3%. Visa U.S. payment card (credit + debit) CDV for 4Q/15 was up 5.5%. MasterCard U.S. payment card (credit + debit) CDV for 4Q/15 was up 6.5%.…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] First Data posted 4Q/15 revenue of $3.0 billion, up 3% year-on-year (YOY) or up 5% on a currency adjusted (FX) basis. For the fourth quarter, the net loss attributable to First Data was $1217 million, compared to a net loss of $126 million in the prior quarter, and compared to net…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa and MasterCard international card gross dollar volume (GDV) for the fourth quarter (4Q/15) posted $1870 billion, compared to $1953 billion one-year ago. However, the nominal year-on-year (YOY) change is meaningless. On a currency adjusted (FX) basis, for 4Q/15, GDV for Visa international credit cards have been growing steadily, up 150…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Early stage delinquency (30+ days) among the nation’s top 6 issuers climbed 5 basis points (bps) sequentially in the fourth quarter (4Q/15) to 1.81%, but remains below last year’s 1.84%. Five of the Big 6, including Chase, Bank of America, Capital One. Citibank, and Discover, posted higher delinquency in 4Q/15. However,…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. credit card outstandings end-of-period (EOP) among the Big 6 issuers decreased 0.3% in the fourth quarter year-on-year (YOY) to $485.5 billion. The decline was driven by American Express and offset by Capital One. American Express U.S. EOP credit card outstandings nosedived 17.9% to $51.4 billion, compared to $62.1 billion in…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Average early stage delinquency (30+ days) for the fourth quarter (4Q/15), among the nation’s top four issuers, edged up by 6 basis points (bps) sequentially, but dropped year-on-year (YOY) by 3 bps. All of the top issuers posted higher delinquency for the quarter. The nation’s largest issuer, Chase, reported delinquency increased…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Global purchase transactions (PTX) for Visa and MasterCard debit and credit cards, excluding Visa Europe, soared 14.3% year-on-year (YOY) in the fourth quarter (4Q/15) and 6.5% sequentially. The two networks combined processed 40.8 billion purchase transactions in 4Q/15, compared to 35.7 billion one-year ago. Visa posted a 13.3% YOY gain in…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. Purchase Dollar Volume (PDV), credit and debit cards, among the Big 6 U.S. card issuers, rose 6.1% year-on-year (YOY) and 4.4% sequentially in the fourth quarter. Capital One completely blew out the Big 6 pack by a 3-to-1 margin. he Big 6 U.S. issuers racked up $520.6 billon in PDV…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Charge-offs among the nation’s top four U.S. issuers dropped 10 basis points (bps) year-on-year (YOY) to 2.87%, and up 19 bps sequentially for the fourth quarter (4Q/15). Soaring Capital One losses drove the sequential gain for the peer group. The Chase 4Q/15 charge-offs ratio inched up by 1 bps from 3Q/15…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. Purchase Dollar Volume (PDV) for Visa and MasterCard (credit + debit) in the fourth quarter (4Q/15) grew at an annual rate (YOY) of 8.6%. Visa U.S. payment card (credit + debit) PDV for 4Q/15 was up 9.5%. MasterCard U.S. payment card (credit + debit) PDV for 4Q/15 was up 8.8%.…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Wells Fargo fourth quarter (4Q/15) consumer credit card purchase dollar volume (PDV) rose 12.5% year-on-year (YOY) as purchase transactions (PTX) soared by 14.6%. Average consumer credit card 4Q/15 outstandings grew 9.3% YOY to $34.0 billion, compared to $32.3 billion for 3Q/15 and $31.1 billion for 4Q/14. Consumer credit card PDV for…
