DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/lg9kjj/credit_card) has announced the addition of the "Credit Card Market Update: The Future Brightens for US Issuers" report to their offering.
A New Research On The Improved Performance Of US Consumer Credit Card Market
For the last several years, credit card issuers in the United States have experienced a paradox: strong growth in purchase volumes despite declining accounts on file and declining outstanding balances. Mixed performance metrics are finally starting to converge, though, and 2014 is shaping up to be a strong year for general purpose and private label portfolios. Innovation is occurring within several familiar credit products. Even seemingly forgotten ones such as charge cards and secured cards are performing well.
This latest research note, Credit Card Market Update: The Future Brightens for US Issuers, provides the Credit Advisory Service's assessment of the credit issuing business in 2014, noting key product strategies for credit issuers and networks.
Issuers should feel pretty good heading into 2015, comments Michael Misasi, Senior Analyst, author of the research note. Not only have industry performance metrics shown signs of acceleration, but a few concerning strategic issues have also abated in 2014.
Companies Mentioned
- American Express
- Bank of America
- Capital One
- Citibank
- Discover
- Fifth Third
- JPMorgan Chase
- MasterCard
- PNC
- US Bank
- Visa
- Wells Fargo
For more information visit http://www.researchandmarkets.com/research/lg9kjj/credit_card
