Examine the Leading Competitors in the Payment Cards Market.LYON, France -- Reportlinker.com announces that a new market research report related to the worldwide credit card market is now available to its catalogue. Payment Card Competitor Tracker: Quarter Four, 2006 http://www.reportlinker.com/p046994/payment-card.html 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 quarterly basis, the Tracker is a global product and consistently covers players such as American Express, Barclaycard, Capital One, Citigroup, GE Consumer Finance, HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) , JCB JCB Noun trademark, Brit a large machine used in building, that has a shovel on the front and a digger arm on the back [initials of Joseph Cyril Bamford, its manufacturer] JCB® n abbr , MasterCard, Morgan Stanley, Standard Chartered and Visa. Reasons to Purchase Provides invaluable information on your key competitors in one place Keeps you fully informed through quarterly updates straight to your desktop Gives you the Cards & Payments Publisher Team's view on your competitors' strategies Table of content Introduction 10 2 How to use the Payment Card Competitor Tracker 10 2 Product, Services, and Innovation 13 2 Roundup of the key developments in Q4 2006 13 2 Card product developments 13 2 Processor product and service developments 14 2 New technologies and product innovation 15 2 American Express 17 2 China: ICBC ICBC Industrial and Commercial Bank of China ICBC Insurance Corporation of British Columbia ICBC International Commercial Bank of China ICBC Imax Cargo Bay Camera (Space Shuttle) ICBC Interagency Committee on Back Contamination launches an American Express corporate card 17 2 Saudi Arabia: American Express launches Blue 17 2 Thailand: American Express and Citibank fight over Thai middle class 17 2 US: American Express and JetBlue Airways launch co-brand small business card 17 2 US: American Express to offer cashback cashback Noun 1. a discount offered in return for immediate payment 2. a service by which a customer in a shop can draw out cash on a debit card cashback cash n (= discount on small business cards 18 2 US: American Express launches super-premium reward suite 18 2 ANZ ANZ Australia and New Zealand ANZ Australia and New Zealand Banking Group Limited ANZ Air New Zealand (NZ national airline) Bank 18 2 Australia: ANZ and Westpac launch prepaid gift cards 18 2 Australia: ANZ launches a card personalisation program 19 2 Atos Origin 19 2 Germany: Atos Origin offers card instalment credit processing 19 2 Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. 20 3 US: Bank of America launches co-brand credit card with Caremark 20 3 US: Bank of America to launch co-brand with Aetna 20 3 US: Bank of America launches affinity banking 21 3 US: Bank of America to issue Dallas Cowboys branded cheques 21 3 UK: MBNA MBNA Monument Builders of North America MBNA Mercedes-Benz North America MBNA Maryland Bank, National Association MBNA Maryland Bank North America MBNA Mount Baker Nurses Association (Bellingham, Washington) sells UK savings account business to Yorkshire Building Society The Yorkshire Building Society is the fourth largest building society in the UK, with its headquarters in Bradford, England. Assets now exceed £16.3 billion. In 1864, the Huddersfield Equitable Permanent Benefit Building Society was founded in Huddersfield, and expansion through a 21 3 Barclaycard 21 3 UK: Barclaycard to offer Oyster and Visa contactless functionality on its cards 21 3 UK: Barclaycard has one million subscribers to online security system 22 3 Citigroup 22 3 Czech Republic: Citibank and Shell launch a new co-brand credit card 22 3 Egypt: Citibank offers interest free promotion in partnership with Beymen Cairo 22 3 Germany: Citibank offers free cash withdrawals to credit cardholders 23 3 Greece: Citibank launches a co-brand with Tellas 23 3 Hungary: Citibank and Shell launch a new co-brand credit card 23 3 India: Citibank and South Indian Bank launch co-brand 24 3 Mexico: Banamex and MasterCard launch PayPass 24 3 Mexico: Banamex launches a co-brand with Costco 24 3 Philippines: Citibank publishes educational material for first-time credit cardholders 24 3 Singapore: Citibank launches biometric payments for platinum cardholders 25 3 US: Citigroup, MasterCard, and Nokia trial PayPass in a mobile phone handset 25 3 US: Citibank upgrades the Home Depot Rewards MasterCard to its ThankYou network 26 3 First Data 26 3 Canada: First Data supports launch of Cineplex gift card 26 3 Canada: First Data to offer INTERAC services in 2007 26 3 Germany: First Data migrates 1.1 million cards to its processing platform 26 3 GE Consumer Finance 27 4 China: GE and Wal-Mart issue cards in partnership with Shenzhen Development Bank Shenzhen Development Bank Co., Ltd. (Simplified Chinese: 深圳发展银行; Traditional Chinese: 深圳發展銀行 27 4 US: GE Consumer Finance and Stein Mart announce co-brand 27 4 Grupo Santander 28 4 Spain: Santander launches premium debit product for foreign customers 28 4 JCB 28 4 Netherlands: JCB expands NFC NFC abbr. National Football Conference trial 28 4 JP Morgan Chase 29 4 Canada: Chase launches co-brand with Marriott 29 4 US: Chase launches co-brand with Soccer United Marketing 29 4 US: Chase launches co-brand with Miami HEAT 29 4 US: Chase launches co-brand with Nashville Predators 29 4 KBC KBC Kenya Broadcasting Corporation KBC Kaun Banega Crorepati (Indian TV show) KBC Koahnic Broadcast Corporation (Anchorage, Alaska) KBC Keyboard Connector KBC Kill Before Capture 30 4 Belgium: KBC announces repricing of its banking and card products 30 4 MasterCard 30 4 Europe: MasterCard announces Maestro fallback fall·back n. 1. a. Something to which one can resort or retreat. b. A retreat. 2. Computer Science interchange rate for SEPA SEPA® Soft enhancer of percutaneous absorption Therapeutics A technology that enhances transdermal drug delivery. See Transcutaneous therapy. 30 4 Europe: MasterCard announces further PayPass trials 31 4 Germany: Sparda-Banks to convert debit portfolio to Maestro 31 4 Taiwan: MasterCard expands PayPass acceptance 32 4 US: MasterCard announces an expansion in PayPass acceptance 32 4 US: MasterCard trials PayPass in toll road environment 32 4 US: MasterCard announces first PayPass acceptance in taxis 32 4 US: MasterCard announces the launch of its prepaid card reloading Reloading A term lenders commonly use to refer to the habits of borrowers taking out loans to repay the balance on other loans. Often reloading is done to take advantage of lower interest rates offered by other loans, and potential tax benefits. service 33 4 Morgan Stanley 33 4 US: Discover launches online shopping portal for cardholders 33 4 National Australia Bank The National Australia Bank or NAB (ASX: NAB, LSE: NAB, NYSE: NAB, TYO: 8637 ) is part of the NAB Group. It is the largest bank in Australia by assets, and 28th largest in the world. 33 4 Australia: National Australia Bank announces plans to issue on China UnionPay 33 4 TSYS TSYS Total System Services, Inc. 33 5 Europe: TSYS certified to process MasterCard prepaid cards 33 5 Visa 34 5 Austria: Visa announces the first V PAY transaction 34 5 Germany: Volksbanken und Raiffeisenbanken to co-brand with V PAY 34 5 Germany: Visa announces B+S as a V PAY acquirer 34 5 Switzerland: Visa announces new V PAY acquirer 34 5 US: Visa launches its first prepaid card with contactless functionality 35 5 US: Visa announces an expansion in prepaid infrastructure 35 5 Westpac 35 5 New Zealand: Westpac launches Visa branded debit card 35 5 Other competitors 36 5 UK: Lloyds TSB launches debit card savings product 36 5 M&A, Partnerships and Organic Growth 37 5 Roundup of the key developments in Q4 2006 37 5 Merger and acquisition activity 37 5 New partnerships and contract renewals 38 5 Organic growth and expansion 40 5 AEON Credit Service AEON Credit Service Co., Ltd. (イオンクレジットサービス株式会社 41 5 Aeon announces plans to allow China UnionPay cardholders to use its Japnese network 41 5 American Express 41 5 Global: American Express to outsource prepaid card processing to eFunds 41 5 ANZ Bank 42 5 Australia: ANZ to buy the Quantas Frequent Flyer program 42 5 Atos Origin 43 5 Belgium: Atos Origin completes acquisition of Banksys and BCC (Blind Carbon Copy) The field in an e-mail header that names additional recipients for the message. It is similar to carbon copy (cc), but the names do not appear in the recipient's message. Not all e-mail systems support the bcc feature. See fcc. 43 5 Bank of America 43 5 US: Bank of America extends more than 70 affinity relationships 43 5 Barclaycard 43 6 Norway: EnterCard and SpareBank 1 extend partnership agreement 43 6 Uganda: Barclays acquires Nile Bank 43 6 Capital One 44 6 US: Capital One completes the acquisition of North Fork Bancorporation 44 6 Citigroup 44 6 Australia: Citibank buys Bank of Queensland's credit card portfolio 44 6 Central America: Citigroup announces the acquisition of Grupo Financiero Uno 44 6 Central America: Citigroup announces the acquisition of Grupo Cuscatlan 45 6 China: Citibank to expand its ATM infrastructure 46 6 Turkey: Citigroup acquires a 20 per cent equity interest in Akbank 46 6 Venezuela: Citibank expands network of cash accepting ATMs 47 6 Erste Bank 47 6 Romania: Erste Bank completes acquisition of Banca Comerciala Romana 47 6 Ukraine: Erste Bank acquires Bank Prestige 47 6 First Data 48 6 Asia: First Data strikes deal with Standard Chartered across Asia 48 6 Argentina: First Data completes acquisition of Argencard 48 6 Europe, Africa: First Data wins contract to support Societe Generale's international expansion program 49 6 Germany: First Data extends acquiring processing contract with Concardis 49 6 Germany: First Data sells easycash 49 6 Guatemala: First Data signs payment processing agreement with Tarjetas Cuscatlan de Guatemala 49 6 Romania: First Data launches processing services for Cetelem 50 6 Trinidad & Tobago: First Data signs processing agreement with First Citizens Bank 50 6 UK: First Data renews Lloyds TSB processing contract 50 6 US: First Data renews agreement with First Federal 50 6 US: First Data renews agreement with Wells Fargo 51 7 US: First Data renews processing agreement with Advanta Bank 51 7 US: First Data renews STAR Network relationship with Oswego Community Bank 51 7 GE Consumer Finance 51 7 India: GE and SBI SBI Special Background Investigation SBI Subsidiary Body for Implementation SBI State Bank of India SBI Secure Border Initiative SBI Small Business Institute SBI Stockholm Brain Institute SBI Serious Bacterial Infection SBI Society of Breast Imaging joint venture hits the 3 million card mark 51 7 Latvia: GE Money takes a majority stake in Baltic Trust Bank 52 7 HSBC 52 7 Central America: HSBC completes acquisition of Grupo Banistmo 52 7 India: HSBC (India) reaches the two million credit card mark 52 7 JCB 52 7 Austria: JCB signs an agreement with Europay Austria to expand its acceptance 52 7 China: JCB forms a further issuing partnership 53 7 JP Morgan Chase 53 7 US: Chase Bank to place ATMs in Walgreens stores in a further two states 53 7 US: Chase finalises the acquisition of Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. portfolios 53 7 KBC 54 7 Czech Republic: KBC moves closer to full ownership of yiSOB 54 7 Morgan Stanley 54 7 Global: Morgan Stanley to spin off Discover 54 7 Global: Discover and China Unionpay complete reciprocal acceptance agreement 54 7 Global: Morgan Stanley and Visa settle antitrust dispute 55 7 Nordea 55 7 Russia: Nordea acquires a majority stake in Orgresbank 55 7 Russia: Nordea divests shareholding in International Moscow Bank 55 7 Royal Bank of Scotland
The Royal Bank of Scotland Plc (Scottish Gaelic: Banca Rìoghail na h-Alba 56 7 UK: RBS RBS Royal Bank of Scotland RBS Role Based Security RBS Rollback Segment RBS Rare Book School (University of Virginia) RBS Rural Business Cooperative Service RBS Ribosome Binding Site (genetics) joins with subpostmasters to install free-to-use ATMs 56 7 Standard Chartered 56 8 China: Standard Chartered announces plans to enter China 56 8 Taiwan: Standard Chartered acquires Hsinchu 57 8 TSYS 57 8 Netherlands: TSYS to process for Rabobank 57 8 US: TSYS Prepaid reaches 11 million healthcare accounts 57 8 Visa 58 8 Asia-Pacific: EMV EMV Elektromagnetische Verträglichkeit (German: Electromagnetic Compatibility) EMV EuroPay, MasterCard, Visa (Smart debit cards) EMV Europay, Mastercard and Visa EMV Eftermiddagsverksamhet chip cards reached 52 million in June 58 8 Croatia: Visa sees strong demand for credit cards 58 8 Russia: Visa announces growth in card issuance 58 8 Serbia and Montenegro Serbia and Montenegro (sûr`bēə, mŏn'tənē`grō), Serbian Srbija i Crna Gora, former country of SE Europe, in the Balkan Peninsula, a short-lived union (2003–6) of the republics of Serbia and the much : Visa announces growth in card issuance 58 8 Spain: Visa commercial card use rises 59 8 US: Visa reports strong growth in sales volume 59 8 Other competitors 59 8 Ireland: Fortis and An Post form joint banking venture 59 8 Italy: SIA Sia (sī`ə) or Siaha (sī`əhə), in the Bible, family returned from the Exile. SIA - Serial Interface Adaptor and SSB SSB Statistisk Sentralbyrå (Statistics Norway) SSB Super Smash Bros (video game) SSB Space Studies Board SSB Single Side Band SSB Single Stranded DNA-Binding Protein SSB Salomon Smith Barney announce merger plan 59 8 Singapore: DBS (Direct Broadcast Satellite) A one-way TV broadcast service from a communications satellite to a small round or oval dish antenna no larger than 20" in diameter. annouces it has issued one million cards 60 8 South Korea: Shinhan acquires a majority stake in LG Card 60 8 UK: Prudential rejects bid for Egg 60 8 Staffing, Strategy, and Financial Results 62 8 Barclaycard 62 8 Group: Barclays announces board changes 62 8 BBVA BBVA Banco Bilbao Vizcaya Argentaria (First Bank of Spain) 62 8 Group: BBVA announces new management structure 62 8 Citigroup 63 8 Global: Citigroup name new chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. 63 8 Grupo Santander 63 9 Group: Santander makes appointments to its International Advisory Board 63 9 Nordea 63 9 Group: Nordea announces board changes 63 9 Standard Chartered 63 9 Group: Standard Chartered announces board changes 63 9 Visa 63 9 Europe: Visa appoints new head of European marketing 63 9 Global: Visa announces global restructuring 64 9 Other competitors 64 9 China: China Merchants Bank to focus on its credit card portfolio 64 9 APPENDIX 65 9 More market research reports? Go to http://www.reportlinker.com http://www.reportlinker.com/Rss/en/index.htm http://www.reportlinker.com/Rss/fr/index.htm |
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