OVERVIEW
Catalyst
Summary
Methodology
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 one-month and 12-month intervals
A fully searchable database of developments from January 2007 onwards is also delivered alongside the report
KEY DEVELOPMENTS IN NOVEMBER
Developments in contactless, mobile, online and prepaid in November
Online: American Express and Visa have both developed their consumer-facing online commerce services
Mobile/Online: PayPal continues to grow the reach of its functions and merchant acceptance
Contactless: The progress of the contactless rollout continues, albeit slowly
There were 49 developments in November, slightly ahead of the 12-month average
The level of competitor activity in November is the highest since July and ahead of the annual average
Products, services and innovation-related developments were in line with the annual average in October
Developments in loyalty and rewards and co-brand cards were at the forefront of activity in November
Partnerships accounted for the majority of developments in the M&A, organic growth and partnership category
PRODUCTS, SERVICES, AND INNOVATION
AEON Credit Service
Hong Kong: AEON to offer five times the usual number of bonus points to its card holders
American Express
Hong Kong: American Express has partnered with Cathay Pacific to launch a co-branded card
Singapore, UK: American Express launches "SafeKey", an online fraud prevention solution
US: American Express announces the launch of “inSite", an online shopping tool
US: American Express introduces the Blue Sky Preferred Credit Card
US: American Express in association with American Airlines launches a co-branded corporate platinum card
US: American Express to offer rewards to ZYNC card members
Bank of America
UK: MBNA credit cards to go contactless
Barclaycard
UK: Barclaycard Freedom announces 5% reward money
UK: Barclaycard introduces an iPhone application
UK: House of Fraser joins the Barclaycard reward scheme
China UnionPay
China: China UnionPay announces the launch of the Hainan International Tourism Island UnionPay Card
Citigroup
Korea: Citibank launches the Citibank Clear Card
India: Citibank in association with Visa launches the Platinum Travel Prepaid Card
US: Citi launches the Citi Flu Care Card
Romania: Citibank launches Citibank Romania's Citi Value Card
Discover Financial Services
US: Discover announces a double cashback bonus for card holders
US: Discover partners with PayPal to develop Money Messenger
Fidelity Information Services
Europe: Fidelity Information Services announces the launch of "ClearCommerce”, an e-payment processing solution
First Data
Germany: TeleCash launches "pocketCash”, a cell phone-based card payment solution
ICICI Bank
India: ICICI Bank launches “Fixed Rupee”, a remittance service for non-resident Indians
MasterCard
Germany: Galeries Lafayette implements PayPass
PayPal
US: PayPal announces new mobile technologies
US: PayPal has launched a payment solution for digital goods
Visa
Australia: Visa introduces payWave in McDonald’s outlets
Canada: Petro-Canada to accept Visa payWave contactless payments
Europe: Visa signs an agreement with ValidSoft for the provision of its fraud prevention solutions
India: Visa develops an electronic payment solution for Aadhaar holders
Switzerland: Visa partners with Cornèr Bank to launch the CodeSure Card
Worldwide: Visa to offer an online shopping solution in association with Skybox and Borderlinx
US: Visa announces enhancements to Rightcliq
US: US Bank collaborates with Visa to launch a new payment solution
M&A, PARTNERSHIPS, AND ORGANIC GROWTH
American Express
China: American Express signs a memorandum of understanding with CUP to explore opportunities inside and outside China
Russia: American Express and Sberbank announce a new card issuing partnership
US: American Express acquires Accertify to better fight fraud transactions
China UnionPay
Vietnam: UnionPay partners with Sacombank to increase UnionPay card acceptance
Switzerland: UnionPay partners with SIX Multipay to expand UnionPay card acceptance
South America: UnionPay expands its card business with Interbank
Commerzbank
Singapore: Commerzbank completes the sale of Commerzbank International Trust Singapore
Citigroup
US: Citi Retail Partner Cards collaborates with rDialogue to provide loyalty solutions
Discover
Canada: Discover signs an agreement with Moneris Solutions to increase Discover acceptance
First Data
Poland: Ikano Bank selects First Data for issuing and processing services
Poland: First Data partners with Mint of Poland
GE Capital
Turkey: GE Capital sells Garanti Stake to Grupo Banco Bilbao Vizcaya Argentaria
MasterCard
US: PayFlex extends its healthcare payment services agreement with MasterCard
PayPal
UK: PayPal announces that 1 million Britons have made PayPal payments through their mobile
Visa
Australia: Visa has voiced its support for the recent Choice report, which highlights unfair credit card surcharges
US Bancorp
US: Elavon to market and support VeriFone's PAYware Mobile solution for iPhones
APPENDIX
Methodology
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