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Cardlay and Visa team on spend management

Cardlay, a pioneering Danish fintech company, and Visa, a global leader in digital payments, are excited to announce a collaboration aimed at setting new standards for fast and efficient spend management for commercial cards issuers and their clients.

/payments

Kazang Pay debuts card acquiring service in Zambia

Kazang (www.Kazang.com), the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies, has launched its Kazang Pay card acceptance solution for merchants in Zambia.

/payments

AmEx and Boost team on virtual card payments for suppliers

As part of its ongoing investment in its B2B (business-to-business) network and in enhancing buyer and supplier capabilities, American Express today announced a new offering by Boost Payment Solutions, a global leader in payments, to provide commercial virtual Card processing services to U.S. merchants who accept American.

/payments

Paynetics and MyMonty launch digital wallet in EU and UK

Paynetics, one of Europe’s leading providers of embedded finance and comprehensive payment solutions, partners with MyMonty, a pioneering financial technology company to launch a digital wallet.

/payments

Expend integrates Mastercard and Visa busines card transactions into platform

Expend, the business expense management digital platform, have announced record take-up of their industry-first product ‘Card Connect™’.

/payments

allpay and Enfuce launch MyCard product range

Allpay cards is thrilled to announce a new partnership with Enfuce, one of the fastest-growing fintechs in Europe, to support their innovative MyCard solution in the UK.

/payments

Mastercard partners Zood on BNPL card in Uzbekistan

Building on the existing multimarket partnership to accelerate flexible payments adoption in the region, Mastercard and ZOOD, one of the leading digital lending platforms for e-commerce in the Middle East and Central Asia, has introduced a virtual BNPL card – ZOOD Card – in Uzbekistan.

BofA launches account to help parents teach kids money lessons

/retail

BofA launches account to help parents teach kids money lessons

Bank of America has launched an account designed to help parents teach their children how to manage money.

/payments

Hilton taps Currensea for world's first hotel debit cards

Building on its legacy of innovation, Hilton has unveiled the world’s first hotel debit cards in the UK: Hilton Honors Debit Card and Hilton Honors Plus Debit Card, in partnership with travel debit card platform Currensea.

US Justice Department sues Visa over debit card market monopoly

/payments

US Justice Department sues Visa over debit card market monopoly

The US Justice Department has sued Visa, accusing the payments giant of illegally monopolising debit network markets.

Chase UK trials credit cards

/payments

Chase UK trials credit cards

JPMorgan Chase is testing a credit card product for customers of its UK digital challenger bank, according to Bloomberg.

/ai

Marqeta appoints AI head

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced that Fouzi Husaini has joined the company as its Chief Artificial Intelligence Officer.

/inclusion

Parabank launches credit offering for people with disabilities

Comprising almost 10% of the Brazilian population, people with disabilities have a bank focused on their needs. Parabank, the world’s first digital bank focused on people with disabilities, is now launching credit and prepaid cards with a variety of benefits, including partnerships with rehabilitation clinics, a marketplace with products and services and access to investment services.

Visa and dtcpay team on crypto-to-fiat card

/crypto

Visa and dtcpay team on crypto-to-fiat card

Singapore's dtcpay is teaming up with Visa on a card that enables ultra high net worth individuals to convert their digital currencies such as stablecoins into fiat at real-time rates.

Walmart to offer instant bank payments

/payments

Walmart to offer instant bank payments

Walmart is teaming up with Fiserv to let online shoppers pay directly, and instantly, from their bank accounts.

Card rewards startup Yonder raises £23.4 million

/payments

Card rewards startup Yonder raises £23.4 million

Rewards credit card startup Yonder has raised £23.4 million in new funding at a post-money valuation in excess of £100 million.

/payments

Brex introduces embedded APIs

Brex, the corporate card and spend management platform for startups and enterprises, today announced Brex Embedded payments – a new API-driven payments solution that makes it easy for B2B software vendors to accelerate customer workflows with Brex virtual cards.

/payments

DBS Hong Kong and Yedpay collaborate to launch 'MAX Merchant Solutions'

DBS Bank (Hong Kong) Limited (“DBS Hong Kong”) and The Payment Cards Group Limited (“Yedpay”) today announced the launch of “DBS MAX Merchant Solutions”, a one-stop solution for managing sales operations, featuring a suite of tools that streamline payment collections and enhance operational efficiency for merchants in Hong Kong.

Contactless takes the lead for Canadian in-store payments

/payments

Contactless takes the lead for Canadian in-store payments

The number of contactless payments in Canada increased by 17% in 2023 to reach 63% of all in-store transactions.

/payments

Brex lauches embedded payments product

Brex, the corporate card and spend management platform for startups and enterprises, today announced Brex Embedded payments – a new API-driven payments solution that makes it easy for B2B software vendors to accelerate customer workflows with Brex virtual cards.

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