Nilson Report

Virtual Cards for Accounts Payable B2B Transactions. Conferma has spent 20 years creating an ecosystem that connects a network of buyers that need to facilitate business-to-business (B2B) accounts payable transactions with issuer partners that provide virtual cards. More than 630,000 virtual cards are issued every week using Conferma’s technology. The company’s platform promises visibility into all details related to a buyer’s expense and the near-real-time reconciliation of payments they make. 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.

Largest US Issuers of General Purpose Credit Cards Visa, Mastercard, American Express and Discover are the general purpose credit card brands in the US. The 30 largest issuers of consumer, small business and commercial credit products that carry those brands are ranked in the table on page 6 based on outstandings, purchase volume, purchase transactions and cards for 2024. Only subscribers can access the full article and charts here https://lnkd.in/g7hU3cHd Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.

Top 50 US Visa and Mastercard Credit Card Issuers?–?2024 The 50 largest issuers of consumer, small business and commercial credit card products carrying the Visa and Mastercard brands owned $968.02 billion in outstanding receivables at year-end 2024, up 6.2% from year-end 2023. The US industry total for Visa and Mastercard outstandings was $1.073 trillion, up 8.6%. Only subscribers can access the full article and charts here https://lnkd.in/gYj82gE8 Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.

FIS and Affirm are BNPL Partners for Debit Cards Financial institutions that use FIS as their debit card processor will be given the option of letting their cardholders register card details with buy now, pay later (BNPL) provider Affirm. Purchases made using those registered cards at any in-store or online merchant in the Visa or Mastercard networks will be eligible for pay-over-time terms. Only subscribers can access the full article here https://lnkd.in/e35AGP9n Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.

Membership Programs for Direct Response Merchants Phoenix is in the business of providing ecommerce merchants that sell directly to consumers (D2C) with technology that enables them to move one-time buyers to fee-paying participants in membership clubs. Only subscribers can access the full article here https://lnkd.in/gvtYdJFn Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.

Stablecoins for Cross-Border B2B Payments Cedar Money’s technology connects blockchains with banking rails. Financial institutions dealing with a blockchain get the same KYC (know your customer) and AML (anti-money laundering) regulatory compliance safeguards they have when operating within correspondent banking channels. 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.

Paze Online Checkout from Early Warning Services Seven US banks own Early Warning Services (EWS), which operates the Zelle peer-to-peer (P2P) money transfer system and provides identity and risk management services to more to 2,500 financial institutions to protect demand deposit and other types of accounts against fraud. Only subscribers can access the full article here https://lnkd.in/gk9BZRyZ Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.

Smartphone-Based Enrollment for Biometric Cards Payment cards with embedded sensors that secure transactions using the cardholder’s fingerprint were first available commercially in 2017. While the cost of those cards keeps them from being a mass-market product, they can be a successful niche product for high-net-worth individuals and tech-savvy consumers. Both of those groups have demonstrated a willingness to pay fees to cover the cost of the card. Only subscribers can access the full article here https://lnkd.in/gjzaCwDJ Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.

Mpact Card Acceptance Providing community banks and credit unions with a SaaS (software-as-a-service) option to capture merchant acquiring revenues is the business of Mpact. The company’s SaaS technology integrates with core banking and digital banking platforms. Only subscribers can access the full article here https://lnkd.in/guYMTTVX Nilson Report articles are based on interviews with company senior executives. No sponsored content. No advertising.