CardTraq is a CRG business created in partnership with Pinnacle Payment Consulting, based on over 100 years of card network economic and real-world compliance experience.
Steven Leitman
Co-founder & CEO
Steven is a former Amex and Visa executive and Deloitte Strategy consultant with a breadth of Payment experience. He founded CardTraq and leads the consulting practice at CRG, focused on creating impactful solutions to card economics challenges.
Martha Rhine
Payments Compliance Lead
Martha has 30+ years’ experience in worldwide acquiring & issuing services, interchange and card compliance, PCI data security, product management, project management, risk management, and regulatory compliance (AML, privacy).
Ian Coles
Pinnacle Strategic Partner
Ian is the MD of Pinnacle Payment Economics Consulting, and has 30+ years’ experience in credit and payments, with extensive knowledge of payment economics and P&L management, previously at Santander UK, Mastercard, and HSBC.
Adam Hozaifa
Pinnacle Strategic Partner
Adam has 15+ years’ experience in payments strategy & commercial consulting, with extensive experience of scheme fees, interchange, issuer and acquirer P&L drivers, complex financial modelling, previously at Mastercard, Visa, KPMG, Deloitte.
Subhash Khatri
CRG Payments Lead
Subhash is a former consumer payments leader at Amex, Citi, Chase, GreenDot and Fifth Third Bank. He has 25+ experience leading some of the largest brands, with extensive experience in product P&L management, credit risk, and marketing analytics.
Andrew Cowley
Partner & Consulting Lead
Andrew is an ex senior leader in Deloitte’s Strategy & Innovation function, overseeing the creation & launch of new products and services products for the likes of Visa, Zelle, Barclays and Paypal. He provides oversight on all consulting engagements at CRG.
CardTraq didn’t start as a product—it started as a problem.
As a consulting firm, we were brought in time and time again to help issuers, acquirers, and fintechs understand their network fees. We’d analyze tens of thousands of Visa and Mastercard invoice line items, interpret billing structures, and identify savings opportunities.
CardTraq is designed to turn those hands-on, detail-heavy projects into an efficient, ongoing, self-serve tool. And we’ve used it to find savings for clients large and small, across the globe.
Here is some of the feedback we have received from our clients.
“Before CardTraq, network fees were a black box. Now, we have a clear monthly view of every charge and can challenge unexpected items with confidence. We’ve already saved seven figures and strengthened our merchant pricing.”
COO, Mid-Sized Acquirer
“CardTraq helped us uncover hidden fees and gave us the transparency we needed to streamline our cost structure.It’s rare to find a tool this powerful that’s also this easy fora bank to use.”
Head of Product & Ops, Digital-First Issuer
“CardTraq turned fee optimization from a manual slog into a strategic advantage. We now track trends across multiple regions and products, spot anomalies early, and make more informed decisions.”
CFO, Global Issuer