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CorServ signs Northeast Bank

CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Minneapolis, MN-based Northeast Bank ($770 million in assets) to launch a comprehensive credit card program for their business and commercial customers.

/security

An Post signs with Safecypher to drive down card-not-present fraud

Safecypher, one of Europe’s leading card payments security companies, has launched a new advanced anti-card fraud technology in partnership with An Post.

/payments

Salaam Somali Bank issues multi-currency prepaid Mastercard

In a significant move towards enhancing digital financial inclusion, Salaam Somali Bank, in collaboration with Mastercard, has announced the launch of a digital-first co-branded multi-currency prepaid card designed to revolutionize digital payment solutions.

Westpac starts offering debit cards to eight-year-olds

/payments

Westpac starts offering debit cards to eight-year-olds

Australian bank Westpac is now offering debit cards to children as young as eight in a move it says will help them hone their financial skills.

/payments

Marqeta, Visa and Affirm team on flexible checkout options

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it is working with Visa and Affirm to offer the Visa Flexible Credential, a single card product that can toggle between payment methods, putting the power of choice in the hands of the consumer.

/payments

Kasheesh rolls out 'Multi Use Card'

With the Multi Use Card, instead of having a new card number generated for each purchase, shoppers will have the ability to make recurring purchases on the same card.

Third of Brits now use mobile contactless payments

/payments

Third of Brits now use mobile contactless payments

The total number of payments made in the UK increased by five per cent in 2023 with a third of Brits now regularly paying with a tap of their mobile phone, according to UK Finance figures.

/security

Galileo debuts 3DS customer portal

Galileo Financial Technologies, a leader in financial technology solutions and a subsidiary of SoFi Technologies, Inc. (NASDAQ: SOFI), today announced the launch of Galileo 3D Secure (3DS) Access Control Server (ACS).

/payments

Diamond Trust Bank signs with Network International for card issuance

Diamond Trust Bank (DTB), a tier one Bank that is listed on the Nairobi Securities Exchange (NSE) and has operated in East Africa over 75 years with over 155 branches across Kenya, Uganda,Tanzania and Burundi, and Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA), have signed a strategic partnership to provide a sound processing platform for hosting and issuing of cards in support of the bank’s efforts in their exciting phase of digital product innovation and expansion.

Stables launches stablecoin virtual card in Europe

/crypto

Stables launches stablecoin virtual card in Europe

Australian stablecoin payment startup Stables has launched in Europe with a Mastercard virtual card.

Fed fines Green Dot $44m

/regulation

Fed fines Green Dot $44m

The Federal Reserve has fined Green Dot $44 million for "numerous" unfair and deceptive practices in the marketing, selling and servicing of its prepaid cards and its tax return preparation payment services.

Home equity-backed credit card provider Aven joins unicorn club

/payments

Home equity-backed credit card provider Aven joins unicorn club

California-based Aven has raised $142 million to bring its home equity-backed credit card to homeowners across the US.

/payments

Ecommpay to deliver Mastercard's Click to Pay for merchants across the UK and Europe

End-to-end payments platform, Ecommpay, has fully integrated the Click to Pay flow within its online payment interface.

/payments

Westpac issues dynamic virtual cards for business customers

Westpac is launching Dynamic Virtual Cards for institutional, corporate and government customers, enabling fast and secure ‘tap and go’ payments, giving them greater control.

/payments

Rakuten Card rolls out English language app

Rakuten Card Co., Ltd. today announced the release of “Rakuten Card Lite," the first English language app from the credit card company focused on the international community in Japan.

/payments

Expedia releases new credit cards in collaboration with Wells Fargo and Mastercard

Expedia Group, Inc. (NASDAQ: EXPE), one of the world’s largest online travel platforms, has finalized a multiyear agreement with Wells Fargo (NYSE: WFC) and Mastercard (NYSE: MA) to launch two new co-branded credit cards.

/crypto

Wirex and Visa expand partnership to drive Web3 payments adoption

The leading Web3 money app, Wirex and Visa, a world leader in digital payments, are thrilled to announce a partnership to further the use of digital currencies in the UK and the European Economic Area (EEA).

/payments

Qashier unveils payment-linked loyalty programme

Singapore-based fintech startup Qashier announced today that it is launching Treats, a unique payment-linked loyalty programme that allows customers to seamlessly earn points by simply tapping and paying with their linked cards at any merchant under the Treats programme.

UK shoppers frustrated by payment outage

/payments

UK shoppers frustrated by payment outage

On Thursday, UK shoppers were hit by a payments outage, preventing them from making online and card payments using Visa and Mastercard.

/payments

ixigo and AU Small Finance Bank launch travel credit card for RuPay users

ixigo, India's leading OTA for the next billion users and AU Small Finance Bank, the largest Small Finance Bank of India, announced the launch of the RuPay variant for its premium co-branded ixigo-AU Small Finance Bank travel credit card, enabling UPI-based payments and rewards.

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