Heartland Q3/15

NJ-based Heartland Payment Systems (HPS) reported Small and Mid-Sized Enterprise (SME) Q3 transaction processing volume set a new quarterly record $24.5 billion, up 13.1% year-on-year (YOY). HPS also acquired privately held Digital Dining, a provider of restaurant point-of-sale (POS) and management systems throughout the USA.

COF 3Q/15

Capital One (COF) continues to lead the U.S. credit card industry in outstandings and volume growth, posting a strong 12% year-on-year (YOY) gain in end-of-period (EOP) outstandings and a whopping 19% surge in Purchase Dollar Volume (PDV) for the third quarter as other metrics are relatively stable.

Big 4 Network P/L

Profits among the big four U.S. based payment networks are projected to rise 10.9% year-on-year (YOY) in the third quarter says RAM Research. Driven by Visa’s electric performance in the second quarter with net income rising 24.8%, payment card profits for the top four networks rose 10.7% in the second quarter, compared to one-year ago, according to CardData.

Big 4 P/L Q3 FC

Payment card profits for the top four U.S networks are poised to rise 11% in the third quarter, despite the fuel price collapse, says CardData and RAM Research. Visa, MasterCard, American Express and Discover reported a combined 2Q/15 profit of $4103 million, compared to $3705 million for 2Q/14.

Big 4 Network P/L Q2/15

Driven by Visa’s electric performance in the second quarter with net income rising 24.8%, payment card profits for the top four networks rose 10.7% in the second quarter, compared to one-year ago. Visa, MasterCard, American Express and Discover reported a combined 2Q/15 profit of $4103 million, compared to $3705 million for 2Q/14.

COF Q1/15

Capital One (COF) continues to lead the U.S. credit card industry in outstandings and volume growth, posting a strong 9% year-on-year (YOY) gain in end-of-period (EOP) outstandings and a whopping 18% surge in Purchase Dollar Volume (PDV) for the first quarter.

COF CC Q1 FC

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.