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Modern Card Issuing Platforms Market 2025-2030: Full Research Suite

Publisher Juniper Research
Published Nov 17, 2025
Length 150 Pages
SKU # JNRH20575984

Description

Our Modern Card Issuing Platforms Market research suite provides a detailed and insightful analysis of this evolving market; enabling stakeholders from banks, financial institutions, fintech companies, and technology vendors to understand future growth, key trends, and the competitive environment.

Modern card issuing platforms are card management systems which utilise an application programming interface (API)-driven approach; allowing businesses to seamlessly integrate card issuance and management capabilities into their services. This provides benefits to card issuers, such as the ability to tokenise virtual cards to both digital and mobile wallets, push provisioning from mobile banking apps, and instant and personalised issuance of physical cards. Furthermore, modern card programmes provide an integrated solution to help banks modernise their financial services without overhauling their legacy systems.

The suite includes several different options that can be purchased separately, including access to data mapping the adoption and future growth of modern card issuing platforms, an insightful study uncovering the latest trends and opportunities within the market, and a document containing extensive analysis of the 22 market leaders in the modern card issuing space. The coverage can also be purchased as a Full Research Suite, containing all these elements, and including a substantial discount.

Collectively, they provide a critical tool for understanding this rapidly emerging market; allowing banks, other card issuers, and modern card issuing platforms to shape their future strategy. Its unparalleled coverage makes this research suite an incredibly useful resource for charting the future of such an uncertain and fast-growing market.

All report content is delivered in the English language.

KEY FEATURES

Market Dynamics: Insights into key trends and market expansion challenges within the modern card issuing platforms market. These address the changing payments landscape; how data can be used to drive customer engagement and loyalty, developments in fraud management, and analysis of the many modern card issuing use cases. The research also features a Country Readiness Index on the current development and segment growth of the modern card issuing platforms market across 8 Key Regions, as well as providing a future outlook.

Key Takeaways & Strategic Recommendations: In-depth analysis of key development opportunities and findings within the modern card issuing platforms market; accompanied by strategic recommendations for stakeholders.

Juniper Research Competitor Leaderboard: Key player capability and capacity assessment for 22 modern card issuing vendors, via the Juniper Research Competitor Leaderboard; featuring market size for major players in the modern card issuing industry.

Benchmark Industry Forecasts: The modern card issuing dataset includes forecasts for total revenue of modern card issuing platforms, split by credit, debit, and prepaid cards, and commercial and personal cards. It also includes penetration rates for modern card issuing platforms as a proportion of total payment cards being issued.

Please note: the online download version of this report is for a global site license.

Table of Contents

150 Pages
MARKET TRENDS & STRATEGIES
1. Key Takeaways & Strategic Recommendations
1.1 Key Takeaways
1.2 Strategic Recommendations
2. Market Landscape
2.1 Introduction and Definitions
2.2 History of Card Issuing
2.3 Modern Card Issuing Process
Figure 2.1: The Lifecycle of Card Issuing
2.4 Analysis of Technological Capabilities of Modern Card Issuing Platforms
2.4.1 Granular Card Controls and Customisation
2.4.2 Data Intelligence and Embedded Insights
2.4.3 Embedded Payments Infrastructure
2.5 What Can Modern Card Issuing Platforms Offer to Cardholders?
2.5.1 Personalisation
2.5.2 Tailored Rewards & Loyalty Programmes
2.5.3 Flexibility in Payments
2.6 Which Related Services to Card Issuing Can Card Issuers Provide?
2.6.1 Issuer Processing
2.6.2 Advanced Data Analytics
2.6.3 Chargebacks and Dispute Handling
2.6.4 Spending Controls
2.6.5 Biometric Cards
2.6.6 Real-time Fraud Detection with AI/ML
2.6.7 Wearables
2.6.8 BIN Sponsorship
3. Key Trends & Drivers
3.1 Key Trends & Drivers
3.1.1 Hyper-personalisation
3.1.2 Visa Flexible Credential and Mastercard’s One Credential
Figure 3.1: Flexible Card Credentials
3.1.3 Card-as-a-Service to Transform Non-banking Industries
3.1.4 AI-driven Fraud Prevention and Spend Controls
3.1.5 Mastercard’s and Visa’s Click to Pay
3.1.6 Sustainability & Eco-friendly Solutions
4. Segment Analysis
4.1 Credit and Charge Cards
4.2 Debit Cards
4.3 Virtual Cards
4.4 Cryptocurrency Cards
4.5 Prepaid Cards
4.5.1 Prepaid Cards in the Public Sector
4.5.2 Use Case: Payroll
4.6 Credit Unions: The US
5. Country Readiness Index
5.1 Introduction to Country Readiness Index
Figure 5.1: Country Readiness Index: Regional Definitions
Figure 5.2: Juniper Research Country Readiness Index Scoring Criteria: Modern Card Issuing Platforms Market
Figure 5.3: Juniper Research Country Readiness Index: Modern Card Issuing Platforms Market 2025
Figure 5.4: Modern Card Issuing Platforms Country Readiness Index: Market Segments
5.1.1 Focus Markets
i. High eCommerce Activity
Figure 5.5: Number of Payment Cards Issued by Modern Card Issuing Platforms (m), Split by Top Eight Countries in Focus Markets, 2025-2030
ii. Virtual Cards and Corporate Spend Controls
iii. United States
5.1.2 Growth Markets
i. Regulatory Tailwinds Driving Modernisation
Figure 5.6: Total Number of Payment Cards Issued by Modern Card Issuing Platforms in Growth Markets (m), 2025-2030
ii. Digitalisation & Smartphone Penetration
iii. Saudi Arabia
5.1.3 Saturated Markets
Figure 5.7: Number of Payments Cards Issued by Modern Card Platforms in Saturated Markets (m), Split by Top Eight Countries, 2025-2030
5.1.4 Developing Markets
i. Prevalence of Mobile Money
Figure 5.8: Number of Payments Cards Issued by Modern Card Issuing Platforms in Developing Markets (m), Split by Six Key Countries, 2025-2030
ii. Low Interchange Revenue
Figure 5.9: Juniper Research Country Readiness Index Heatmap: North America
Figure 5.10: Juniper Research Country Readiness Index Heatmap: Latin America
Figure 5.11: Juniper Research Country Readiness Index Heatmap: West Europe (1 of 2)
Figure 5.11: Juniper Research Country Readiness Index Heatmap: West Europe (2 of 2)
Figure 5.12: Juniper Research Country Readiness Index Heatmap: Central & East Europe
Figure 5.13: Juniper Research Country Readiness Index Heatmap: Far East & China
Figure 5.14: Juniper Research Country Readiness Index Heatmap: Indian Subcontinent
Figure 5.15: Juniper Research Country Readiness Index Heatmap: Rest of Asia Pacific
Figure 5.16: Juniper Research Country Readiness Index Heatmap: Middle East & Africa
COMPETITOR LEADERBOARD
1. Juniper Research Competitor Leaderboard
1.1 Why Read This Report
Table 1.1: Juniper Research Competitor Leaderboard: Modern Card Issuing Vendors Included & Product Portfolio
Figure 1.2: Juniper Research Competitor Leaderboard for Modern Card Issuing Platforms
Table 1.3: Juniper Research Modern Card Issuing Platforms: Vendors & Positioning
Table 1.4: Juniper Research Competitor Leaderboard Heatmap: Modern Card Issuing Vendors (Part 1 of 2)
Table 1.4: Juniper Research Competitor Leaderboard Heatmap Modern Card Issuing Vendors (Part 2 of 2)
2. Company Profiles
2.1 Vendor Profiles
2.1.1 ACI Worldwide
i. Corporate
Table 2.1: ACI Worldwide Financial Performance Snapshot ($m), 2021-2024
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
Figure 2.2: ACI Issuing Solution
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.2 Adyen
i. Corporate
Table 2.3: Adyen Financial Performance Snapshot ($bn), 2021-2024
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.3 CR2
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.4 Enfuce
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
Figure 2.4: Enfuce’s Product Innovation
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.5 Entrust
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.6 FIS
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.7 Fiserv
i. Corporate
Table 2.5: Fiserv Financial Information Snapshot ($bn), 2021-2024
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.8 Galileo
i. Corporate
Table 2.6: Galileo Revenue and Total Accounts Snapshot, 2021-2024
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.9 G+D
i. Corporate
Table 2.7: G&D Financial Information Snapshot ($m), 2021-2024
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
Figure 2.8: G+D’s Innovative Cards Portfolio
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.10 Hips
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.11 i2c
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.12 IDEMIA
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.13 Marqeta
i. Corporate
Table 2.9: Marqeta Financial Information Snapshot ($m), 2021-2024
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.14 Modulr
i. Corporate
Table 2.10: Modulr Financial Information Snapshot ($m), 2020-2023
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.15 Nexi
i. Corporate
Table 2.11: Nexi Group Financial Snapshot (m), 2021-2024
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.16 NymCard
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.17 Paymentology
i. Corporate
Table 2.12: Paymentology Financial Snapshot ($m), 2020-2023
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.18 Paynetics
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.19 Pismo
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.20 Stripe Issuing
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.21 Thales
i. Corporate
Table 2.13: Thales Financial Information Snapshot ($bn), 2021-2024
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
Figure 2.14: Thales Group’s Card Programme
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.1.22 Zeta
i. Corporate
ii. Geographical Spread
iii. Key Clients & Strategic Partnerships
iv. High-level View of Offerings
v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities
2.2 Juniper Research Competitor Leaderboard Assessment Methodology
2.2.1 Limitations & Interpretations
Table 2.15: Juniper Research Competitor Leaderboard Scoring Criteria – Modern Card Issuing
2.3 Related Research
MARKET DATA & FORECASTS1. Market Overview
1.1 Introduction
1.2 Methodology & Assumptions
Figure 1.1: Modern Card Issuing Platforms Market Forecast Methodology
2. Market Summary
2.1 Total Volume of Payment Cards in Issue
Figure & Table 2.1: Total Volume of Payment Cards in Issue (m), Split by 8 Key
Regions, 2025-2030
2.2 Total Volume of Payment Cards Issued per annum by Modern Card Issuing
Platforms
Figure & Table 2.2: Total Number of Payment Cards Issued by Modern Card
Issuing Platforms (m), Split by 8 Key Regions, 2025-2030
2.2.1 Total Volume of Payment Cards Issued by Modern Card Issuing
Platforms per annum, Split by Card Type
Figure & Table 2.3: Total Number of Payment Cards Issued by Modern Card
Issuing Platforms (m), Split by Segment
2.2.2 Total Volume of Payment Cards Issued by Modern Card Issuing
Platforms per annum, Split by Card Application
Figure & Table 2.4: Total Number of Payment Cards Issued by Modern Card
Issuing Platforms (m), Split by Card App, 2030
2.3 Total Revenue of Modern Card Issuing Platforms, Split by Region
Figure & Table 2.5: Total Revenue of Modern Card Issuing Platforms ($m), Split
by 8 Key Regions, 2025-2030
2.3.1 Total Revenue of Modern Card Issuing Platforms, Split by Card Type
Figure & Table 2.6: Total Revenue from Modern Card Issuing Platforms ($), Split
by Card Type, 2025-2030
2.3.2 Total Revenue of Modern Card Issuing Platforms, Split by Card
Application
Figure & Table 2.7: Total Revenue from Modern Card Issuing Platforms ($m),
Split by Application, 2025-2030
3. Segment Split
3.1 Credit Card Issuance
3.1.1 Total Number of Credit Cards in Issue
Figure & Table 3.1: Total Number of Credit Cards in Issue (m), Split by 8 Key
Regions, 2025-2030
3.1.2 Number of Credit Cards Issued by Modern Card Issuing Platforms
Figure & Table 3.2: Total Number of Credit Cards Issued by Modern Card Issuing
Platforms (m), Split by 8 Key Regions, 2025-2030
3.1.3 Total Revenue from Credit Cards Issued by Modern Card Issuing
Platforms
Figure & Table 3.3: Total Revenue from Credit Cards Issued by Modern Card
Issuing Platforms, ($), Split by 8 Key Regions, 2025-2030
3.2 Prepaid Cards
3.2.1 Total Number of Prepaid Cards in Issue
Figure & Table 3.4: Total Number of Prepaid Cards in Issue, (m), Split by 8 Key
Regions, 2025-2030
3.2.2 Number of Prepaid Cards Issued by Modern Card Issuing Platforms
Figure & Table 3.5: Total Number of Prepaid Cards Issued by Modern Card
Issuing Platforms (m), Split by 8 Key Regions, 2025-2030
3.2.3 Total Revenue from Prepaid Cards Issued by Modern Card Issuing
Platforms
Figure & Table 3.6: Total Revenue from Prepaid Modern Card Issuance ($m),
Split by 8 Key Regions, 2025-2030
3.3 Debit Cards & Other
3.3.1 Total Number of Debit & Other Payment Cards in Issue
Figure & Table 3.7: Total Number of Debit & Other Payment Cards in Issue (m),
Split by 8 Key Regions, 2025-2030
3.3.2 Number of Debit & Other Cards Issued by Modern Card Issuing
Platforms per annum
Figure & Table 3.8: Total Number of Debit & Other Payment Cards in Issue (m),
Split by 8 Key Regions, 2025-2030
3.3.3 Total Revenue from Debit and Other Cards Issued by Modern Card
Issuing Platforms
Figure & Table 3.9: Total Revenue from Debit & Other Cards Modern Card
Issuance ($m), Split by 8 Key Regions, 2025-2030
3.4 Commercial Cards
3.4.1 Number of Commercial Payment Cards Issued by Modern Card
Issuing Platforms
Figure & Table 3.10: Number of Commercial Payment Cards Issued by Modern
Card Issuing Platforms (m), Split by 8 Key Regions, 2025-2030
3.4.2 Total Revenue from Commercial Payment Cards Issued by Modern
Card Issuing Platforms
Figure & Table 3.11: Total Revenue from Commercial Cards Issued by Modern
Card Issuing Platforms, ($m), Split by 8 Key Regions, 2025-2030
3.5 Personal Application
3.5.1 Number of Personal Payment Cards Issued by Modern Card Issuing
Platforms
Figure & Table 3.12: Total Number of Personal Payment Cards Issued by Modern
Card Issuing Platforms (m), Split by 8 Key Regions, 2025-2030
3.5.2 Total Revenue from Personal Payment Cards Issued by Modern Card
Issuing Platforms
Figure & Table 3.13: Total Revenue from Personal Payment Cards Issued by
Modern Card Issuing Platforms ($), Split by 8 Key Regions, 2025-2030

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