Boston, MA – June 03, 2014 –Proxy currencies, tokenization, increased concerns for fraud, branchless banking, and big data are just a few emerging factors influencing today’s commercial card market. These influences are causing a paradigm shift as new market entrants threaten to disenfranchise legacy systems or at least impact how they function. In response, commercial card issuers are transforming themselves from issuers of plastic to providers of virtual account numbers, mobile applications, chip technology, and comprehensive reporting systems.

Mercator Advisory Group's newest report, State of the Commercial Card Market, 2014, examines the trends and growth trajectory for the commercial card product set.

"Commercial cards continue to be an important and contributor to a bank’s cash management revenue and product growth, second only to wire,” comments Amy Hoke, Director of Mercator Advisory Group’s Commercial and Enterprise Payments Advisory Service and author of the report. “Being an issuer is no longer reserved for the top-tier national banks.”

The Research Note is 9 pages long and contains 6 exhibits.

Companies mentioned in this report: American Express, Bank of America, Citibank, City National Bank, Comdata, Commerce Bank, JPM Chase, MasterCard, PNC, SunTrust, U.S. Bank, and Visa.

Members of Mercator Advisory Group's Commercial and Enterprise Payments Advisory Service have access to this report as well as the upcoming research for the year ahead, presentations, analyst access and other membership benefits.