The battle for supremacy in multi-country regional and global payment card solutions has grown considerably as more banks establish themselves as truly regional players, as J.P. Morgan, now operating its global cards programme in 95 countries, became a major competitor for Citi and American Express, and as Bank of America gears up to become a major player in the global corporate card marketplace. Multinational corporations will have many more options to choose from in the coming year. In 2009 the number of tenders for new corporate card programmes fell but demand now seems to be growing again as companies focus on exploiting the potential cost savings and operational improvements payment cards offer. Vince Eavis, at VE Consulting, describes it as follows, "T&E is now well covered. A new phase in the usage of corporate cards is emerging where companies are using the same payment cards and control systems to capture and manage many more types of spend, particularly for low-value items. The main challenge in achieving the huge potential cost savings from using payment cards is how much the procurement, travel, sourcing and treasury departments have the appetite to truly align and adjust their operations."