Capital One International Card

Capital One International Card Q1 PDV +2.7% YOY +8.6% CAGR

Capital One international card gross revenue was flat in the first-quarter (1Q/19) while after-tax net income sunk 44% year-on-year (YOY). International credit card purchase dollar volume (PDV) was up nearly 3% as 1Q/19 end-of-period (EOP) outstandings slipped by 3% YOY. Capital One [COF] issues credit cards in Canada and the United Kingdom, internationally. COF international…

Mastercard Latin America

Mastercard Latin America Nibbles at Visa’s Q1 Marketshare

Mastercard Latin America Caribbean (LAC) region continues to nibble at Visa’s LAC marketshare with FX (currency adjusted) PDV (Purchase Dollar Volume) rising 750 bps (basis points) above Visa for the first-quarter (1Q/19). During the past 12 months Mastercard added 19 million CIF (Cards-in-Force) in the LAC region, as opposed to Visa’s seven million CIF. LAC…

First-Quarter Card Profits

First-Quarter Card Profits Big 6 Tad Up YOY Re-Pricing Lag Fades

First-quarter card profits among the nation’s Big 6 U.S. issuers edged up 160 basis points (bps) year-on-year (YOY), compared to a tax cut fueled surge of more than 50% one-year ago. Sequentially, credit card profits were flat. Since 2015, the compound annual growth rate (CAGR) is running about 2.77%. Profits (after tax) among the nation’s…

AI Crypto Tokenization

AI Crypto Tokenization P2P – Today’s Credit Card Buzz Words

AI crypto tokenization P2P reign among today’s credit card buzz words which also includes prepaid, bitcoin, EMV, and GDV. The global artificial intelligence (AI) as a service market size is expected to reach US$77 billion by 2025, according to PYRPTS. When it comes tokenization there is a migration by the payment networks for card-on-file tokenization.…

Active Card Accounts

Active Card Accounts Hits Q1 Trump Bump Up Minuscule 50 bps

Active card accounts from the nation’s Top 4 bank credit card issuers posted a teeny year-on-year (YOY) gain in the first-quarter (1Q/19). While U.S. bank active credit card accounts or open accounts with posted sales activity are typically, seasonally and historical down in the first-quarter, this year the payments industry was buffeted by the impact…

Asif Ramji Worldpay Money 20/20

FinTech Big Tech Payments Converge at Vegas Money/20/20

FinTech Big Tech Payments will come together in Las Vegas for Money20/20 event, October 27-30. Asif Ramji, Chief Product and Marketing Officer of Worldpay, and former president and CEO of Paymetric, will keynote the major event. Money20/20 bills itself as where 2,300+ C-Level executives, 500+ renowned speakers and thousands of of disruptors from 88 countries…

MasterCard's Ed McLaughlin

Artificial Intelligence and Payments to Intersect at London AI Summit

Artificial intelligence and payments will intersect this month as Ed McLaughlin, president of operations and technology for MasterCard will keynote at the 4th Annual AI Summit in London, June 12 and 13. McLaughlin is also a member of Mastercard’s Executive Committee. This major technology event, AI Summit, is focused on artificial intelligence and will attract…