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/payments

Ally Financial sells credit card business to CardWorks

Ally Financial Inc. (NYSE: ALLY) and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire Ally's credit card business, including a portfolio of $2.3 billion in credit card receivables with 1.3 million active cardholders as of Dec. 31, 2024.

/security

Idemia launches new smartphone enrollment for biometric payment cards

As card issuers strive to provide their customers with more convenient, high-security payment options, biometric payment card technology continues to advance.

/payments

Trading212 expands into Europe with support from Marqeta

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it is powering Trading 212’s launch into 20 countries in continental Europe.

/startups

Aslan secures $5m for employee pay platform

Aslan, the next-generation financial wellbeing solution, today announces its oversubscribed $5m (£3.9m) seed funding round.

/payments

Mastercard takes on Pakistan's cash on delivery culture in collaboration with FoodPanda

Mastercard has once again collaborated with foodpanda, a Delivery Hero-owned online food and grocery delivery platform, to boost digital payment in Pakistan and support the nation’s transition toward a cashless economy.

/payments

Bunq debuts Mastercard benefits for European SMEs

bunq, the second-largest neobank in Europe, announce their expanded collaboration with Mastercard, as the challenger bank introduces a range of benefits for its small business (SME) users across Europe.

/payments

JCB grows UK acceptance in collaboration with Dojo

JCB, Japan’s only international payment brand, and DOJO, a London-based payment technology provider, today announced a strategic partnership to enhance JCB’s card acceptance across London and the rest of the UK.

/payments

Bluefin integrates with Visa Platform Connect

Bluefin, the integrated payments pioneer in PCI-validated Point-to-Point (P2PE) encryption and tokenization services that protect payments and sensitive data, today announced the integration of their international payment gateway to Visa Platform Connect.

/people

InterPayments appoints former Discover Financial CEO and president, Roger Hochschild, to board

InterPayments, the leader in compliant managed surcharge solutions, today announced the appointment of former CEO and president of Discover Financial Services (NYSE: DFS), Roger Hochschild, to its board of directors.

/payments

Worldline extends long-term issuing deal with KBC

Worldline [Euronext: WLN], a global leader in payment services, has announced a long-term extension of its existing partnership with KBC/CBC, one of the leading financial groups in Europe.

/payments

Brex secures $235 credit facility from Citi and TPG Angelo Gordon

Brex, the modern corporate card and spend management platform for startups and enterprises, today announced the closing of a two-year, $235 million revolving credit facility.

/payments

Transcard moves into Canada

Transcard, a global leader in payments technology, is pleased to announce its expansion into the Canadian market.

/payments

Kuady rolls out pre-paid Mastercard in Peru

Kuady, the leading payments service processor, for Latin America, has today announced the launch of its physical prepaid Mastercard, expanding its payment options for users in Peru.

/payments

Nium adds Diners Club to card portfolio

Nium, the leading global infrastructure for real-time cross-border payments, today announced the launch of the Diners Club International Card for its travel customers.

/payments

Tradition Capital Bank partners CorServ for credit card programme

CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Tradition Capital Bank to launch an innovative credit card program for commercial, small business, nonprofit, and consumer clients.

/payments

Doha Bank launches Visa Commercial Pay

Doha Bank, one of the largest private commercial banks in Qatar is set to be the first bank in the market to officially launch Visa Commercial Pay (VCP) and the first Bank in the CEMEA region to introduce the VCP-Mobile Module, in collaboration with Visa for its Corporate Credit Card clients.

/retail

Iraq's Qi Card partners Ant International to launch SuperQi app

Qi Card, a leading player in Iraq’s fintech sector, has unveiled its groundbreaking third-generation app, SuperQi, in collaboration with Ant International, powers the future of global commerce with digital innovation headquartered in Singapore.

/payments

Enfuce and Alisa Bank launch business credit card for SMEs in Finland

Enfuce, the leading provider of next-generation payment solutions in the Nordics, has partnered with Alisa Bank, Finland’s forward-thinking digital bank, to introduce an innovative business credit card tailored for small and medium-sized enterprises (SMEs) in Finland.

/payments

Visa unveils 2025 payments trends in Vietnam

Visa, a global leader in digital payments, convened the Digital Future Forum 2024 in Hanoi, showcasing the latest payment trends and innovations shaping Vietnam’s digital landscape.

/payments

Enfuce, SEB Embedded, and Humla launch co-branded grocery payment card for Hemköp

Enfuce, card issuing and processing innovator, has partnered with SEB Embedded, a leading Banking-as-a-Service (BaaS)provider in Sweden, who in partnership with Humla have launched a game-changing co-branded card to Hemköp, one of Sweden’s largest, premiere supermarket chains.

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