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For 55 years, the leading publication covering payment systems worldwide

Newsletter

1308

May 2026 | Current Issue

The Nilson Report, in its 55th year of publication, is the most respected source of news and analysis of the global card and mobile payment industry. Published bi-monthly.

New 17th Annual Research Publication

The World’s Top Card Issuers
and Merchant Acquirers

The World’s Top Card Issuers and Merchant Acquirers research publication is now in its 17th edition, and includes over 1,430 financial institutions in more than 120 countries.

Our Free Trial Offer Just Got an Upgrade
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Free trial access now includes all subscriber benefits, including complete data tables on issuers and acquirers worldwide and our exclusive subscriber portal.
No Restrictions. No payment card required.

See why executives in 80+ countries rely on the Nilson Report for best-in-class data and business intelligence.

Know Your Agent Pay Protocol Consortium

Skyfire, which launched end-to-end interoperable network infrastructure capabilities for autonomous agentic commerce early in 2025, assembled a consortium of more than 15 security vendors, bot managers and identity and access management companies to create a trust protocol they call KYAPay to make the web just as useful to an AI agent as it is to a human when making a payment.

Featured Chart

Card Spending at US Merchants — 2025

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STATS

Payment Card Fraud

$ 0

billion was lost to fraud
worldwide in 2023

0 %

of those losses
occurred in the U.S.

$ 0

billion in worldwide losses are
projected over the next ten years

Industry Events

Keep current with industry events, and take advantage of special promotions.

Featured Event

EBAday 2026

June 16-17, 2026

Europe's premier summit for payments and transaction banking professionals. It is more than a two-day event; it's the place where industry leaders, innovators, and regulators come together to proactively shape the future of finance.

Subscriber Testimonials

Melody Cuff, on behalf of President

, EVP, Chief Acquisitions Officer

, Oliphant Financial

The production quality of NR is simply unmatched. If you want to know what's happening at the cutting edge, NR will not only make sure you see it, but provide you with specific contact information you can act on today! NR is an efficient publication. It's quick to get to the point while not being overcrowded, making it the most enjoyable layout I see each month. As a fan of more than 20 years, I look forward to NR more than any other subscription.

Thomas DeLuca

, Global POS Lending Tribe Lead

, ING

Throughout my 25+ years in the ever-evolving merchant payments industry, the Nilson Report has been a constant companion — an essential source of information, and a means for connecting to the “who’s who” in the space. If there is one “must read’ to stay informed about payments, it is the Nilson Report!

William Maurer

, Professor, Institute for Money, Technology & Financial Inclusion

, University of California, Irvine

As a researcher in the payments space, I have come to depend upon the Nilson Report's independent and comprehensive reporting and data. It's really one of a kind.

Hans Morris

, Managing Partner

, NYCA Partners

I have been reading the Nilson Report for several decades now, and consider it indispensable for anyone in the payments industry. I also admire its utterly unique approach to journalism: clear, concise, accurate information and insights that are free of advertising and tendentious sourcing. We could use more of this!

Carolo Specogna

, VP of Product Strategy for Card Services

, FISERV

The Nilson Report is an indispensable guide to the movers and shakers in the cards and payments industry. Providing a comprehensive overview of payment trends and useful data both in the US and globally, Nilson enables Fiserv to keep our finger firmly on the pulse of the challenges and opportunities facing issuers, acquirers, financial institutions, fintechs, analysts, academia and others.

Donald Kossman

, General Manager, Fraud Protection

, MICROSOFT

The payment industry is going through a digital transformation and innovating in many ways. In these times, it is critical to have great data and insights. That is why we at Microsoft are so thankful to have the Nilson Report and cannot wait for the next edition.

Latest Industry News

Industry News

June 3, 2026

Vibe Retail and MiCamp Solutions Announce Strategic Partnership

MICAMP SOLUTIONS connects more than 600 independent service organizations in the US that serve more than 60,000 merchants. The company has become an authorized ISO for the Vibe Retail POS system for small and midsized businesses. Vibe Retail, which was designed exclusively for independent retailers, handles inventory management and customer engagement as well as payment processing.

Latest Nilson News

Nilson in the news

June 1, 2026

NBC News

How high-end credit card perks are hurting shoppers who pay in cash

"The total credit and debit card fees paid by merchants to card processors, led by Visa and Mastercard, have increased 70% since 2019 to $198 billion in 2025, according to data from the Nilson Report."