COF’s Whopping 18% PDV Gain Pushes Top 4 +8.7%

COF’s Whopping 18% PDV Gain Pushes Top 4 +8.7%

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. Purchase Dollar Volume (PDV) among the top four bank card issuers, rose 8.7% year-on-year (YOY) and 4.7% sequentially in the fourth quarter (4Q/15). Capital One grew more than twice YOY than the peer group total. The top four U.S. issuers racked up $307.3 billon in PDV for 4Q/15, compared to…

V+M PTX +11% YOY; Avg Credit TX $83 and Debit TX $37

V+M PTX +11% YOY; Avg Credit TX $83 and Debit TX $37

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Purchase transactions (PTX) for Visa and MasterCard credit and debit cards in the U.S. grew by 11.4% year-on-year (YOY) in the fourth quarter (4Q/15) to 19.9 billion. 
U.S. purchase transactions for Visa and MasterCard credit cards came in at 6388 million for 4Q/15, compared to 6133 million for the prior quarter and…

Card Network Profits Leap 20% YOY Topping $4B in 4Q

Card Network Profits Leap 20% YOY Topping $4B in 4Q

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Profits for the top four networks rose 20.1% year-on-year (YOY) in the fourth quarter (4Q/15). Visa, MasterCard, American Express and Discover reported a combined 4Q/15 profit of $4130 million, compared to $3895 million for 3Q/15 and $3439 for 4Q/15. Visa and Discover profits jumped 24% YOY in 4Q/15, compared to 20%…

Visa’s Takes 50 bps Marketshare from American Express

Visa’s Takes 50 bps Marketshare from American Express

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] 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…

MasterCard’s European Region Remains Robust

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] 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…

FIDO Alliance Certifications Soar 50% YOY in 1Q

FIDO Alliance Certifications Soar 50% YOY in 1Q

The number of FIDO certified products soared in the first quarter. FIDO authentication is now enabled on devices from the top five global handset manufacturers. Additionally, service providers including Google, PayPal, Samsung, Bank of America, NTT DOCOMO, Dropbox, and GitHub have made FIDO authentication available to protect hundreds of millions of end-users’ desktop and mobile…

BAMS; WU; EVERCOMPLIANT; and BLACKHAWK

In Other News: BAMS (Europe); WU (EDGE); EVERCOMPLIANT (MerchantView); and BLACKHAWK (acquisition). BAMS – Banc of America Merchant Services is expanding to Europe and create a new London-headquartered unit, BofA Merrill Lynch Merchant Services (Europe) Limited (BofAML Merchant Services). WU – Western Union Business Solutions is launching WU EDGE, its ground-breaking digital platform which will…

Asia Pacific Still Rules Visa International Regions

Asia Pacific Still Rules Visa International Regions

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] 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…

Cap One Clobbers the U.S. Big 4 Card Issuer Peer Group

Cap One Clobbers the U.S. Big 4 Card Issuer Peer Group

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] 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…