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Research: Top US issuers of commercial cards

  • Changes are afoot in commercial credit card issuance.
  • Here are today's top issuers of commercial credit cards.
Research: Top US issuers of commercial cards

Fintech may have begun by targeting the merchant processing side of payments, but entrepreneurs and companies are now working to disrupt issuer processing. Companies like Marqeta and Finix are using technology to create new payment possibilities for some of today’s most innovative companies.

Card issuers focused on the commercial sector offer 4 different types of cards: corporate cards (which can be used on fleet and purchasing), small business credit, small business debit, and prepaid. Here are the largest providers of commercial cards in the US ranked by purchase volumes in billions of dollars.

Mercator sees the commercial card industry reaching maturity, growing another $343 billion by 2022 (up from $504.7 billion in 2018). This provides an opportunity for ‘smaller, regional banks to compete against the super-regional and national competitors’. Virtual card use is ramping, with some banks reporting year over year growth as high as 195 percent.

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Inside Visa’s presentation of the Plaid acquisition

  • Visa acquired Plaid for $5.3 billion.
  • Tearsheet found Visa's presentation given to investors with its rationale behind acquiring the data aggregator.
Michael Deleon | January 28, 2020
Member Exclusive, Modern Marketing

January 2020 Outlier Briefing: WMA’s Scott Mills on what’s working in fintech and financial services PR

  • Scott's PR firm, William Mills, has been working with fintech firms for over 40 years.
  • He shares with us his insights into what's working in PR for today's fintech market.
Michael Deleon | January 23, 2020
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A look at the leadership behind Marcus by Goldman Sachs

  • Goldman Sachs' Marcus team is bringing in top talent from consumer banking and payments.
  • Tearsheet put together an organizational chart for marketing and product leaders.
Michael Deleon | January 20, 2020
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Research: More than half of the industry believes challenger banks won’t be competitive with commercial banks

  • Tearsheet asked professionals what they thought of challenger banks.
  • 57.2 percent of respondents believe challenger banks are overhyped.
Zoe Murphy | January 16, 2020
Member Exclusive, New banks

Research: 36 percent of industry professionals don’t think challenger banks are competitive

  • Tearsheet asked professionals what they thought of challenger banks.
  • Almost thirty percent of those polled think these upstarts are 'overhyped'.
Zoe Murphy | January 13, 2020
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