Visa continues to rule the market, growing its U.S. GDV marketshare from 57.8% in 4Q/14 to 58.3% in 4Q/15, largely at the expense of American Express. The nation’s four major payment card networks produced $1443 billion in U.S. gross dollar volume (GDV) in the fourth quarter (4Q/15) for an 8.1% year-on-year (YOY) gain. Visa posted…
MasterCard’s European region 4Q/15 Gross Dollar Volume (GDV) rose year-on-year (YOY) by 15.1% on a currency adjusted basis (FX) and solid compared to 4Q/14’s 15.9% YOY gain. Europe is MasterCard’s second largest international region based on GDV and PDV. On a nominal basis, MasterCard’s Europe GDV declined 1.3% to US$341 billion in 4Q/15, compared to…
There are new indications the FinTech investment market will grow at a CAGR of over 53% until 2020. According to the latest research study released by London-based Technavio, the investments made by FinTech start-ups for P2P lending was valued at close to US$6.37 billion in 2015. P2P lending is among the most used models by…
Visa’s Asia Pacific (AP) region Purchase Dollar Volume (PDV) growth edged down a bit year-on-year (YOY) to 15.7%, on a currency adjusted basis (FX) in the fourth quarter (4Q/15) to US$387 billion, compared to a 10.8% YOY growth rate in 4Q/14. Based on PDV, the AP region is fastest growing region for Visa, outside the…
U.S. Gross Dollar Volume (GDV) among the top four bank card issuers, rose an estimated 8.6% year-on-year (YOY) and 4.7% sequentially in the fourth quarter (4Q/15). Capital One grew more than twice the other three top issuers. The top four U.S. issuers racked up an estimated $322.5 billon in GDV for 4Q/15, compared to $308.1…
Global payment cards-in force (CIF) [credit + debit] grew by 5.8% year-on-year (YOY) in the fourth quarter (4Q/15) to 4225 million. The growth has been largely driven by Visa and MasterCard’s international “inclusion” drive with debit (& prepaid) cards. Visa and MasterCard U.S. credit CIF rose 8.7% YOY from 485 million one-year ago to 527…
While not widely discussed, CNP credit and debit card fraud creates cardholder anxiety and negatively affects consumers’ online shopping behaviors, much to the detriment of FIs and e-commerce merchants. A new study from Tender Armor, in partnership with Sparks Research, also found 78% of online shoppers want more protection for their payment card data when…
While credit card investors have access to issuer financial statements, regulatory filings, conference calls, and annual reports, there are many red flags not apparent, masking potential risk. Robert Hammer, Founder and CEO at R.K. Hammer & Card Knowledge Factor, ticks off the seven early warning signs to look for in any credit card portfolio. 1.…
U.S. Gross Dollar Volume (GDV) for Visa and MasterCard (credit + debit) in the third quarter (4Q/15) grew at an annual rate (YOY) of 8.7%. Visa U.S. payment card (credit + debit) GDV for 4Q/15 was up 8.9%. MasterCard U.S. payment card (credit + debit) GDV for 4Q/15 was up 8.4%. U.S. GDV for Visa…
Cross-border transaction volume for Visa and MasterCard continued to slide in the fourth quarter (4Q/15). Visa’s cross-border currency adjusted (FX) gross dollar volume (GDV) increased 4.0% YOY, while MasterCard rose 12.3% YOY for FX GDV in the fourth quarter. Cross-border volume refers to payments and cash volume where the issuing country is different from the…
Purchase dollar volume (PDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) globally rose 6.3% year-on-year (YOY) on a nominal dollars basis for the fourth quarter (4Q/15). However, on a currency adjusted basis (FX) global 4Q/15 PDV increased 10.8% YOY. The major four networks posted $2489 billion in global PDV for 4Q/15,…
After hitting new lows, the Financial Obligations Ratio (FOR) for 4Q/15 started edging up and the Debt Service Ratio (DSR) also inched up. According to the Federal Reserve the FOR slipped upward to 15.38% in 4Q/15, compared to 15.34% in 3Q/15 and 15.31% in 4Q/15. The DSR rosed to 10.07% in the fourth quarter of…