Abstract
Overview
Introduction
The Payment Card Competitor Tracker provides expert analysis and opinion on
the strategic moves of leading competitors in the payment cards market.
Produced on a monthly basis, the Tracker is a global product and covers 64
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 12 month news datapack
- Keep fully informed of the market, product, competitor and strategic
developments of leading players in your market and region
- Learn the Datamonitor Cards & Payments Team' s view on the most important
competitor developments in the month.
Table of Contents
- Overview
- Catalyst
- 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 ofthe key
developments at both the one month and 12 month level
- A fully searchable database of the past 12 months of developments is
also delivered alongside the report
- Key Trends and Developments in March
- Visa' s IPO is the biggest story of the month, but there were several
other notable developments
- Visa raised $19.65 billion from its IPO, the largest incorporate
history
- The collapse of Bear Stearns is interesting in a broader context
- GE Money and Banco Santander' s deals see GE return to its commercial
roots, while Santander makes a strong push into consumer finance in Europe
- GE Money' s Earth product highlights a trend towards ' eco-friendly'
driven value propositions
- HSBC and Standard Chartered both achieved approval to incorporate
locally in Vietnam
- March was a busy month led by a large volume of M&A related
developments
- March saw a total of 54 competitor developments, the highest level of
activity in 2008 so far
- The bulk of developments were in M&A, in spite the current credit
crisis
- North America and Asia-Pacific continue to account for the majority
of competitor activity
- Card issuers account for the majority of developments in March, with
card schemes comparatively quiet
- Co-brand, premium and commercial products were the most prevalent in
March
- Co-branding continues to be an important area of focus for issuers
- Developments in commercial card offerings highlight the attention now
being paid to this sector
- The drive to segment customer bases is pushing innovation and
development in the premium sector
- A further interesting product development has been
product personalization
- M&A and organic growth announcements featured strongly in March
- Barclaycard and US Bancorp both announced acquisitions in their
domestic markets
- Barclaycard also announced the acquisition of Russia' s Expobank,
while KBC has agreed to take full ownership of Slovakia' s Istrobanka
- TSYS' s processing agreement with Standard Bank will strengthen its
position in Africa
- JP Morgan' s agreement with NASA could see it put the first payment
card on Mars
- Product, Services and Innovation
- American Express
- US: American Express adds StubHub to small business savings program
- Bank of America
- UK: MBNA and MasterCard bring contactless payment to Manchester City FC
- US: Bank of America launches baseball-themed checking and credit card
products
- Citigroup
- Italy: Citi and Italian Automobile Club launch Citi ACI Visa Card
- Pakistan: Citibank Credit Cardholders to be offered Gerry' s/FedEx
discount
- Russia: ZAO Citibank and Stockmann launch co-branded card
- GE Money
- Thailand: GE Money Thailand offers ' GE Money Mobile Payment'
- JP Morgan Chase
- US: JP Morgan introduces new freight payment and audit solution
- US: JP Morgan launches corporate platinum and gold travel and
entertainment cards
- Maybank
- Malaysia: Maybank launches Treatspoints instant redemptionl oyalty
scheme
- Malaysia: Maybank launches debit card in partnership with Visa
- Malaysia: Maybank launches card aimed at affluent customers
- Royal Bank of Canada
- Canada: RBC launches card for high net worth customers
- US Bancorp
- US: US Bancorp introduces Payment Plus online payment system
- TSYS
- US: TSYS launches healthcare benefits payments system
- Visa
- UK: Foodservice company EAT installs Visa contactless payments system
- US: Visa expands small business discount offers program
- M&A, Partnerships and Organic Growth
- American Express
- US: American Express to acquire GE Money' s corporate payment services
- Atos-Origin
- UK: Atos-Origin is awarded BP card processing contract
- Bank of America
- US: Bank of America and MIT Media Lab create Center for Future Banking
- Bank of Montreal
- Canada: Bank of Montreal opens branch in West Edmonton
- Canada: Bank of Montreal opens branch in Calgary suburb
- Barclays
- Russia: Barclays to acquire Russian bank Expobank
- BBVA
- Brazil: BBVA sells 5% holding in Bradesco
- BNP Paribas
- Russia: BNP Paribas initiates retail banking operations in Russia
- Capital One
- US: Capital One enters New York market
- Citigroup
- Bahrain: Citibank and AXA launch auto-insurance payment scheme
- Hong Kong: Citifinancial opens North Point and Yau Ma Tei branches
- Japan: Citi announces new group structure in Japan
- Russia: ZAO Citibank launches Ryazan Operations Center
- US: Citibank opens new financial centers across US
- Crédit Agricole
- Europe: Crédit Agricole in joint venture negotiations with Banco
Popolare
- Discover
- UK: Discover completes sale of Goldfish to Barclays
- First Data
- US: First Data to provide merchant services to Cathay Bank
- Grupo Santander
- Spain: Santander and GE Money reach preliminary agreement
- HSBC
- Vietnam: HSBC to incorporate in Vietnam
- ICBC
- China: ICBC completes Standard Bank equities purchase
- China: ICBC launches strategic cooperation with Standard Bank
- ING
- Netherlands: ING to invest in its retail banking network in the
Netherlands
- Intesa Sanpaolo
- Intesa Sanpaolo sells branches to Banca Carige for €996 million
- JP Morgan Chase
- US: Chase Card Services acquires Unicorn Financial
- US: JP Morgan Chase to acquire Bear Stearns
- US: JP Morgan extends local presence in Latin America
- US: NASA selects JP Morgan Chase for charge card program
- KBC
- Slovakia: KBC acquires full ownership of Istrobanka
- Maybank
- Cambodia: Maybank opens second branch in Cambodia
- Indonesia: Maybank wins the bid to acquire Bank Internasional Indonesia
- Vietnam: Maybank acquires a stake in Vietnam' s ABBank
- Royal Bank of Canada
- Trinidad and Tobago: RBC subsidiary amalgamation receives RBTT
shareholder approval
- Standard Chartered
- Vietnam: Standard Chartered receives in principle approval to locally
incorporate in Vietnam
- TSYS
- South Africa: TSYS signs payment processing agreement with Standard Bank
- US Bancorp
- US: US Bancorp acquires Mellon 1st Business Bank
- Visa
- Washington Mutual
- US: Washington Mutual announces ATM branding partnership with
Cardtronics
- 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
- List of Figures
- Figure 1: March saw a total of 54 competitor developments among
Datamonitor' s list of tracked companies, significantly ahead of the average
over the previous 12 months, 2008
- Figure 2: In line with the trend over the rest of the quarter, the
majority of competitor developments have been in M&A,partnerships and
organic growth announcements, 2008
- Figure 3: North America and Asia-Pacific continue to account for the
majority of competitor activity, but March also saw three developments in
Middle East and Africa, 2008
- Figure 4: Card issuers accounted for the bulk of developments in March,
with card schemes/associations noticeably quiet,2008
- Figure 5: Developments in co-branding, premium products,and commercial
offerings have all been prevalent in March, 2008
- Figure 6: M&A and organic growth announcements featured strongly in
March, 2008
金融/保険
その他のカテゴリ
FAQ