Introduction
The Payment Card Competitor Tracker provides expert analysis and opinion on the strategic moves of leading competitors in the payment card market. Produced on a monthly basis, the Tracker is a global product and covers 60 players, including American Express, Barclaycard, Capital One, Citigroup, Discover, GE Money, First Data, HSBC, JCB, MasterCard, Standard Chartered and Visa.
Reasons to Purchase
Gain invaluable information on your key competitors in one concise document, and track long-term trends using the interactive news database. Sharpen your strategy by implementing the best market, product, competitor and strategic developments of leading global players. Learn the Datamonitor Cards & Payments Team's view on the most important competitor developments in the month.
The Payment Card Competitor Tracker provides expert analysis and opinion on the strategic moves of leading competitors in the payment card market. Produced on a monthly basis, the Tracker is a global product and covers 60 players, including American Express, Barclaycard, Capital One, Citigroup, Discover, GE Money, First Data, HSBC, JCB, MasterCard, Standard Chartered and Visa.
Reasons to Purchase
Overview
Summary
Methodology
Table of Contents
Introduction
The Payment Card Competitor Tracker provides both one month and 12 month views of developments
Each month, Datamonitor tracks the most relevant announcements from 64 competitors
Datamonitor's Cards and Payments Team provides analysis of the key developments at both the one month and 12 month level
A fully searchable database of developments from January 2007 onwards is also delivered alongside the report
Key Developments in December
In December, the key story was China UnionPay's issuance in Korea reaching one million cards
China UnionPay's standard cards offered in partnership with BC Card reached one million in Korea
CardinalCommerce signed agreement with NYCE Payments to offer Safe Debit online payment solution
There were 44 developments in December, somewhat below the 12-month average
There were 44 developments in the December competitor tracker, compared to the 12-month average 55
M&A, partnership and organic growth, as well as product, services and innovation were below the 12 month trend
Asia Pacific was by far the busiest region for competitor activity, while North America lagged behind
Issuers accounted for the majority of the drop in activity in December
Loyalty/rewards, online, and contactless were the key areas for developments in product, services and innovation in December
MasterCard expands SecureCode solution to Maestro-branded cards
Barclaycard issued over five million contactless cards in the UK
Partnerships accounted for the bulk of activity in M&A, partnerships and organic growth
Products, Services and Innovation
American Express
US: American Express launches AcceptPay for small business owners
Bank of America
US: Bank of America's customers use its Add It Up program to spend this holiday season
US: Bank of America launches Credit Card Clarity Commitment initiative
Barclays
UK: Barclays expands mobile banking service
Barclaycard
UK: Barclays and Barclaycard have over five million contactless enabled cards
China UnionPay
Asia, Africa and Middle East: Standard Chartered Bank ATM machines to accept China UnionPay cards
China: Bank of Communications and China UnionPay launch Shanghai Expo theme debit card
China: China UnionPay, Agricultural Bank of China and Taipei 101 Mall launch a joint marketing campaign
Citigroup
Hong Kong: Citibank launches 'Money Can't Buy Experience' credit card campaign
Korea: Citibank Korea launches Citi Rewards credit card
Poland: Citibank launches Handlowy prepaid card
Pakistan: Citibank Pakistan launches Online Merchant Program
Russia: Citibank publishes its report on Russians' New Year shopping with credit cards
Turkey: Citi Turkey offers credit card with free 3G wireless modem
UAE: Citi Prepaid Services launches payroll services for Voltas
Fidelity Information Services
US: Government Savings Bank converts to Fidelity Information Services' Profile processing solution
US: CardinalCommerce signs agreement to offer Safe Debit to its clients through Cardinal Centinel
Garanti Bank
Turkey: Garanti Bank makes single use PIN mandatory for online banking transactions
JP Morgan Chase
US: JP Morgan and Disney launch Disney Rewards Visa card
MasterCard
Asia Pacific: MasterCard celebrates the fifth anniversary of PayPass with 'Tap & Give' campaign
Europe: European banks and e-retailers adopt MasterCard's SecureCode
Indonesia: Permata Bank launches Permata MasterCard platinum black credit card
Japan: MasterCard launches Amazon promotion during the Christmas season
UK: MasterCard launches UK's first automatic rebate program for small businesses
US: Univision introduces the Univision MasterCard gift card
US: BNY Mellon integrates MasterCard's payment gateway with its suite of payment solutions
PayPal
US: PayPal launches campaigns in the holiday season
TSYS
Cyprus: TSYS and Marfin Laiki Bank launch credit card for women
Visa
Asia Pacific: Visa introduces 2010 rewards and benefits program for premium cardholders
Australia: NAB Visa payWave contactless technology to be available from Christmas season
Hong Kong: Visa and 7-Eleven introduce Visa payWave contactless payment acceptance service
Hong Kong: Visa cardholders stand a chance to win FIFA World Cup packages
M&A, Partnerships and Organic Growth
Australia and New Zealand Bank
Vietnam: ANZ Bank completes acquisition of RBS in Vietnam and opens its 10th branch
Atos-Origin
Belgium, France: Atos Origin and ING Belgium extend contract for payment card services
BBVA
China: BBVA increases its stake in China Citic Bank to 15%
China UnionPay
Korea: China UnionPay cards issued cross one million mark
Citigroup
India: Citibank partners with Indian Post to provide remittance services
First Data
US: First Data signs agreement with Sovereign Bank to extend their existing merchant services agreement
Industrial and Commercial Bank of China
China: ICBC becomes the banking partner of Guangzhou 2010 Asian Games
KBC
Slovakia: KBC Bank acquires outstanding 49.54% stake in ?SOB Slovakia
PayPal
US: PayPal reports increase in online shopping on Cyber Monday
TSYS
US: Fifth Third Bank extends its payment services agreement with TSYS
US: UniRush renews TSYS' payment and processing services
Visa
Europe: Visa Europe expects to process over 27 million transactions
Appendix
Methodology
Further reading
Ask the analyst
Datamonitor consulting
Disclaimer
LIST OF TABLES
Table 1: The 64 companies and subsidiaries covered by Datamonitor's Payment Card Competitor Tracker
Table 2: Current relevant publications
Table 3: Future relevant publications
LIST OF FIGURES
Figure 1: In December, there were 44 developments in total, somewhat below the 12-month average of 55
Figure 2: December witnessed a drop in the level of activity relating to both M&A and products as compared to the 12-month average
Figure 3: Asia Pacific accounted for most stories in December in line with the 12-month trend, but North America saw a drop in activity
Figure 4: Issuers accounted for the majority of the drop in activity in December
Figure 5: Loyalty/rewards, online, and contactless were the key areas for developments in product, services and innovation in December
Figure 6: Partnerships accounted for the majority of activity in December, with five announcements in total
Summary
Methodology
Table of Contents
Introduction
The Payment Card Competitor Tracker provides both one month and 12 month views of developments
Each month, Datamonitor tracks the most relevant announcements from 64 competitors
Datamonitor's Cards and Payments Team provides analysis of the key developments at both the one month and 12 month level
A fully searchable database of developments from January 2007 onwards is also delivered alongside the report
Key Developments in December
In December, the key story was China UnionPay's issuance in Korea reaching one million cards
China UnionPay's standard cards offered in partnership with BC Card reached one million in Korea
CardinalCommerce signed agreement with NYCE Payments to offer Safe Debit online payment solution
There were 44 developments in December, somewhat below the 12-month average
There were 44 developments in the December competitor tracker, compared to the 12-month average 55
M&A, partnership and organic growth, as well as product, services and innovation were below the 12 month trend
Asia Pacific was by far the busiest region for competitor activity, while North America lagged behind
Issuers accounted for the majority of the drop in activity in December
Loyalty/rewards, online, and contactless were the key areas for developments in product, services and innovation in December
MasterCard expands SecureCode solution to Maestro-branded cards
Barclaycard issued over five million contactless cards in the UK
Partnerships accounted for the bulk of activity in M&A, partnerships and organic growth
Products, Services and Innovation
American Express
US: American Express launches AcceptPay for small business owners
Bank of America
US: Bank of America's customers use its Add It Up program to spend this holiday season
US: Bank of America launches Credit Card Clarity Commitment initiative
Barclays
UK: Barclays expands mobile banking service
Barclaycard
UK: Barclays and Barclaycard have over five million contactless enabled cards
China UnionPay
Asia, Africa and Middle East: Standard Chartered Bank ATM machines to accept China UnionPay cards
China: Bank of Communications and China UnionPay launch Shanghai Expo theme debit card
China: China UnionPay, Agricultural Bank of China and Taipei 101 Mall launch a joint marketing campaign
Citigroup
Hong Kong: Citibank launches 'Money Can't Buy Experience' credit card campaign
Korea: Citibank Korea launches Citi Rewards credit card
Poland: Citibank launches Handlowy prepaid card
Pakistan: Citibank Pakistan launches Online Merchant Program
Russia: Citibank publishes its report on Russians' New Year shopping with credit cards
Turkey: Citi Turkey offers credit card with free 3G wireless modem
UAE: Citi Prepaid Services launches payroll services for Voltas
Fidelity Information Services
US: Government Savings Bank converts to Fidelity Information Services' Profile processing solution
US: CardinalCommerce signs agreement to offer Safe Debit to its clients through Cardinal Centinel
Garanti Bank
Turkey: Garanti Bank makes single use PIN mandatory for online banking transactions
JP Morgan Chase
US: JP Morgan and Disney launch Disney Rewards Visa card
MasterCard
Asia Pacific: MasterCard celebrates the fifth anniversary of PayPass with 'Tap & Give' campaign
Europe: European banks and e-retailers adopt MasterCard's SecureCode
Indonesia: Permata Bank launches Permata MasterCard platinum black credit card
Japan: MasterCard launches Amazon promotion during the Christmas season
UK: MasterCard launches UK's first automatic rebate program for small businesses
US: Univision introduces the Univision MasterCard gift card
US: BNY Mellon integrates MasterCard's payment gateway with its suite of payment solutions
PayPal
US: PayPal launches campaigns in the holiday season
TSYS
Cyprus: TSYS and Marfin Laiki Bank launch credit card for women
Visa
Asia Pacific: Visa introduces 2010 rewards and benefits program for premium cardholders
Australia: NAB Visa payWave contactless technology to be available from Christmas season
Hong Kong: Visa and 7-Eleven introduce Visa payWave contactless payment acceptance service
Hong Kong: Visa cardholders stand a chance to win FIFA World Cup packages
M&A, Partnerships and Organic Growth
Australia and New Zealand Bank
Vietnam: ANZ Bank completes acquisition of RBS in Vietnam and opens its 10th branch
Atos-Origin
Belgium, France: Atos Origin and ING Belgium extend contract for payment card services
BBVA
China: BBVA increases its stake in China Citic Bank to 15%
China UnionPay
Korea: China UnionPay cards issued cross one million mark
Citigroup
India: Citibank partners with Indian Post to provide remittance services
First Data
US: First Data signs agreement with Sovereign Bank to extend their existing merchant services agreement
Industrial and Commercial Bank of China
China: ICBC becomes the banking partner of Guangzhou 2010 Asian Games
KBC
Slovakia: KBC Bank acquires outstanding 49.54% stake in ?SOB Slovakia
PayPal
US: PayPal reports increase in online shopping on Cyber Monday
TSYS
US: Fifth Third Bank extends its payment services agreement with TSYS
US: UniRush renews TSYS' payment and processing services
Visa
Europe: Visa Europe expects to process over 27 million transactions
Appendix
Methodology
Further reading
Ask the analyst
Datamonitor consulting
Disclaimer
LIST OF TABLES
Table 1: The 64 companies and subsidiaries covered by Datamonitor's Payment Card Competitor Tracker
Table 2: Current relevant publications
Table 3: Future relevant publications
LIST OF FIGURES
Figure 1: In December, there were 44 developments in total, somewhat below the 12-month average of 55
Figure 2: December witnessed a drop in the level of activity relating to both M&A and products as compared to the 12-month average
Figure 3: Asia Pacific accounted for most stories in December in line with the 12-month trend, but North America saw a drop in activity
Figure 4: Issuers accounted for the majority of the drop in activity in December
Figure 5: Loyalty/rewards, online, and contactless were the key areas for developments in product, services and innovation in December
Figure 6: Partnerships accounted for the majority of activity in December, with five announcements in total
