Nilson Report

Featurespace Fraud Fighting Visa is purchasing Featurespace, a company that pioneered the development of predictive models that use adaptive behavioral analytics on a machine learning platform. The acquisition is pending regulatory approval. Investors in Featurespace have included IP Group, Chrysalis Investments, Highland Europe, Insight Partners, MissionOG, Nesta and TTV Capital. Only subscribers can access the full article here https://lnkd.in/gkQPUcvr Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.

NEW ISSUE: Worldpay and Capital One Fight False Positive Ecommerce Fraud Capital One is the 4th largest credit card issuer and 12th largest debit card issuer in the US. To reduce incidences in which its cardholders have their transactions falsely declined while shopping online, Capital One has opened its Direct Data Share API to Worldpay, the third largest merchant acquirer in the US. Access the full article here https://lnkd.in/gusWnQpk Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.

Latin America’s 50 Largest Credit and Debit Card Issuers — 2023 Credit, debit and prepaid consumer and commercial cards in circulation with global brands—Visa, Mastercard, Maestro, Discover, Diners Club and American Express—from the top 50 issuers grew to 924.9 million at year-end 2023, up 2.9% from 898.7 million cards in circulation from issuers that ranked in the top 50 at year-end 2022. Learn how to access the full chart and article here https://lnkd.in/gQHuUW24 Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.

Real-Time Reward Points Payments from FIS Since 2018, FIS has been building its Premium Payback network—a consortium of US merchants linked to US credit and debit card issuers that facilitates using reward points for payments in real time whether in-store or online. Learn how to access the full article here https://lnkd.in/g8XwKH9g Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.

Galileo Account Verification Card payment and financial services processor Galileo, which operates in North and South America, is a single source provider of products and services for end-to-end card issuing support including account processing, risk management, credit and money transfers. Clients don’t need any other technology provider to operate a program. Learn how to access the full article here https://lnkd.in/gn_vJPm5 Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.

150 Largest Credit Card Portfolios Worldwide — 2023 Owners of the 150 largest portfolios of Visa, UnionPay, Mastercard, American Express, JCB, Discover, Diners Club and domestic-market-only credit card outstandings as of December 31, 2023, are ranked on page 6. Credit card issuers from the US held a 44.9% market share among the top 150. Issuers from China followed with 33.0%. Learn how to access the full chart and article here https://lnkd.in/g6FUe3mS Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.

American Express, Barclays Buy Card Portfolios Barclays, the ninth largest credit card issuer in the US, will be the exclusive issuer of consumer and small business General Motors (GM) co-branded Mastercard credit cards beginning in the summer of 2025. GM is the largest US automobile manufacturer. Learn how to access the full article here https://lnkd.in/gqiwjHpY Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.

Tribe Payments Issuing and Acquiring Processing UK-based Tribe Payments provides issuer and acquirer processing services, mostly to smaller startup fintechs. The company, which has more than 60 customers in the UK and continental Europe, has just opened an office in Singapore to serve eight clients in Asia–Pacific. Learn how to access the full article here https://lnkd.in/guRXPArf Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.

Our featured chart from Issue #1273 Credit card outstandings owned by the 10 largest issuers in the world at year-end 2023 totaled $1.207 trillion on December 31, 2023. That group included 6 US issuers and 4 from China. Learn how to access more charts here https://lnkd.in/dFq7st8y Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.

CPI Offers New Infineon Chip A dual-interface chip that enables a greater degree of design options for credit and debit cards is now available from CPI, the largest US-based payment card manufacturer. The flexibility leverages a manufacturing efficiency gained in deploying new coil-on-module (eCoM) technology from Infineon called Secora Pay Green, which also increases opportunities for issuing eco-friendly cards. Access the full article here https://lnkd.in/gusWnQpk Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.