2012-11-16 16:22:51 - Payment Card Competitor Tracker: August 2011 - a new market research report on companiesandmarkets.com
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 over 100 players, including American Express, Barclaycard, Capital One, Citigroup, Discover, GE Money, First Data, HSBC, JCB, MasterCard, Standard Chartered and Visa.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.41 competitor developments are analyzed in the August edition of the Payment Card Competitor
Tracker. This remains below the 12-month average of 51 and is a significant fall from the 64 developments in June. This reflects a slowdown in the summer months that is likely to pick up again in September.Unlike most months, the key developments in August did not occur in the contactless, mobile, online, and prepaid space. This included Visa´s announced push to develop EMV acceptance in the US, Bank of America´s announced disposal of it internal credit card portfolio, including MBNA in the UK, and HSBC´s exit from the US monoline issuing market.Already holding the highest average number of developments, the mobile space appears to be maintaining its momentum. Once again the mobile channel was the most active in August, with eight stories recorded in total. This is roughly in line with the average over the past 12 months.What have been the key new product developments in the industry this month, particularly in contactless, mobile, online and prepaid?Which players are leading the way with these new developments, and where are they occurring?How have trends in competitor activity changed over time, and which regions are becoming more active?What are the top developments in the past month and what do they mean for my business?
The Payment Card Competitor Tracker provides coverage and analysis of the key strategic and new product developments in the global payment card market.
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