Today, we announced our fourth quarter and full-year financial results for 2013. The quarter was in line with our expectations and closed out a year of strong results.
For the fourth quarter:
net revenue was $2.1 billion, a 12% increase versus the same period in 2012 (11% adjusted for currency);
gross dollar volume increased 14% to $1.1 trillion;
cross border volume increased 18%; and
processed transactions increased 13% to 10.4 billion.
These factors were partially offset by an increase....