subject: Payment Card Competitor Tracker: December 2009 - Market Research Report On Aarkstore Enterprise. [print this page] Introduction 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 Cards & Payments Team's view on the most important competitor developments in the month.
Table of Contents :
"Overview 1
Summary 1
Methodology 1
Table of Contents 2
Introduction 3
The Payment Card Competitor Tracker provides both one month and 12 month views of developments 3
Each month, tracks the most relevant announcements from 64 competitors 3
Cards and Payments Team provides analysis of the key developments at both the one month and 12 month level 4
A fully searchable database of developments from January 2007 onwards is also delivered alongside the report 4
Key Developments in December 5
In December, the key story was China UnionPay's issuance in Korea reaching one million cards 5
China UnionPay's standard cards offered in partnership with BC Card reached one million in Korea 5
CardinalCommerce signed agreement with NYCE Payments to offer Safe Debit online payment solution 6
There were 44 developments in December, somewhat below the 12-month average 6
There were 44 developments in the December competitor tracker, compared to the 12-month average 55 6
M&A, partnership and organic growth, as well as product, services and innovation were below the 12 month trend 7
Asia Pacific was by far the busiest region for competitor activity, while North America lagged behind 8
Issuers accounted for the majority of the drop in activity in December 9
Loyalty/rewards, online, and contactless were the key areas for developments in product, services and innovation in December 10
MasterCard expands SecureCode solution to Maestro-branded cards 10
Barclaycard issued over five million contactless cards in the UK 11
Partnerships accounted for the bulk of activity in M&A, partnerships and organic growth 12
Products, Services and Innovation 14
American Express 14
US: American Express launches AcceptPay for small business owners 14
Bank of America 14
US: Bank of America's customers use its Add It Up program to spend this holiday season 14
US: Bank of America launches Credit Card Clarity Commitment initiative 15
Barclays 15
UK: Barclays expands mobile banking service 15
Barclaycard 15
UK: Barclays and Barclaycard have over five million contactless enabled cards 16
China UnionPay 16
Asia, Africa and Middle East: Standard Chartered Bank ATM machines to accept China UnionPay cards 16
China: Bank of Communications and China UnionPay launch Shanghai Expo theme debit card 16
China: China UnionPay, Agricultural Bank of China and Taipei 101 Mall launch a joint marketing campaign 17
