3354 articles tagged with this keyword
News/payments
Sweden's central bank is working to improve the possibility of making offline payments by card to strengthen resilience at a time of geopolitical unease and the advance of Russian troops in Ukraine.
10 March 2025
Barclays Bank is closing in on a deal to offload its merchant acquiring business to Canada's Brookfield Asset Management.
American Express has entered into an agreement to acquire expense management software provider Center. Financial terms were not disclosed.
Revolut and Visa have filed legal challenges against the Payment Systems Regulator over the UK watchdog's decision to cap interchange fees on cross-border online payments, according to the Financial Times.
07 March 2025
The UK's Payment Systems Regulator is take action against Mastercard and Visa in the wake of steep hikes on card fees by the duopoly.
06 March 2025
Australian Payments Plus (AP+) has worked with Google to roll out eftpos functionality and least-cost routing (LCR) on transactions made via Google Wallet, giving merchants the options to move away from costly card scheme networks.
News/startups
Flex, a fintech that helps business owners automate their back offices, has raised $25 million in an equity round led by Titanium Ventures.
05 March 2025
News/wholesale
Finance automation and corporate credit card platform Ramp has hit a $13 billion valuation after investors purchased $150 million in secondaries from employees and early backers.
04 March 2025
Tap to Phone, Visa's technology that turns smart phones into payment terminals, has experienced a 200% increase in usage globally over the past year and a 300% surge among small business owners in the UK.
03 March 2025
News/people
US card issuing platform Marqeta has strengthened its position in the UK and Europe through a deal to buy TransactPay. Separately, Marqeta CEO Simon Khalaf has left the firm and been replaced by current CFO Mike Milotich on an interim basis.
27 February 2025
News/crypto
The Avalanche Foundation has launched a physical and digital credit card that lets users make purchases against the value of their crypto assets anywhere Visa is accepted.
26 February 2025
Mastercard's £200 million settlement of a class action lawsuit brought on behalf of British consumers has been given the greenlight by the Competition Appeal Tribunal.
24 February 2025
The UK government is inviting bidders for a £49 million contract to embed open banking technology into its Gov.UK Pay payments platform.
21 February 2025
London-based small business credit card provider Capital on Tap has secured £750 million in funding facilities.
Mastercard is launching One Credential, a single digitally connected credential that provides consumers and businesses with a multitude of scheduled payment options spanning debit, installments, prepaid and credit.
19 February 2025
Former Revolut UK CEO James Radford has taken over as CEO of Volopa, a foreign exchange, international payments, and expense management company incubated by Quantum Group.
News/security
Visa has launched its ‘Tap to Add Card’ service in Ukraine, Georgia and South Africa, enabling cardholders to add their bank card to their mobile wallet by tapping their card against their mobile phone.
18 February 2025
Affirm has joined forces with FIS to bring integrated BNPL capabilities directly to debit card issuers.
12 February 2025
Zeta, a next-gen banking tech provider to financial institutions globally, has secured a $50 million investment from an un-named investor valuing it at $2 billion.
Publicly-listed online payments firm Paysafe is considering a sale after receiving interest from potential buyers, according to Blomberg.
07 February 2025
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