3413 articles tagged with this keyword
News/payments
The UK should use open banking to provide retailers with an alternative to card payments and to improve "clunky" P2P bank transfers, says a new government-commissioned review.
22 November 2023
News/regulation
Mastercard has finally secured formal approval to begin domestic payment processing in China, enabling the US firm to issue yuan-denominated banks cards in the country.
21 November 2023
US credit fintech Petal has put itself up for sale amid Walls Street concerns about its ability to survive, according to Fortune.
Apple Pay users across the UK can now take advantage of a new feature that taps into the open banking framework to let them connect cards and view their account balance from within the Wallet app.
16 November 2023
News/security
Lynx, a Madrid-based firm using AI to detect and prevent fraud and financial crimes, has raised $!8 million in Seres A funding.
Co-branded credit card provider Imprint has raised $75 million in Series B funding.
14 November 2023
Goldman Sachs is preparing to sell off its General Motors credit card programme as part of its wider retreat from the retail market, according to the Wall Street Journal.
08 November 2023
The Federal Reserve has proposed lowering the debit interchange fees banks can charge merchants by nearly 30% and reviewing the cap every two years.
26 October 2023
All-in-one card app Curve has launched its first ever credit card in the UK, providing users with protection against problem purchases even when using a debit card.
Fiserv is making a move into embedded finance, making capabilities from its merchant acceptance, banking, and card issuing businesses available to others through a set of APIs.
20 October 2023
Citi is rolling out a new travel and expense management system for its US corporate clients in an attempt to fend off competition from a wave of cherry-picking fintech startups.
The Federal Reserve is expected to propose lowering the debit interchange fees banks can charge merchants.
19 October 2023
Marqeta has reached an agreement with Southern European BNPL provider Scalapay to use its platform to issue cards both online and in-store.
17 October 2023
India's Axis Bank has joined forced with local fintech Fibe to launch the country's first numberless credit card.
13 October 2023
British app-based POS startup Lopay has raised £6 million in a seed funding round joined by BackedVC, Portage and The Venture Collective.
12 October 2023
NatWest has become the first UK bank to enable Mastercard's Click to Pay for all of its customers.
News/people
Elon Musk's ambition to turn X into a WeChat-like everything app is doomed, predicts the man building his own "theme-based" super app, called Super.com.
06 October 2023
American Express is to pilot the use of facial and fingerprint recognition for authenticating users at online checkouts.
05 October 2023
A new Samsung American Express credit card lets South Korean customers track its physical location through the tech giant's SmartThings Find IoT platform.
News/inclusion
Financial wellbeing app Wagestream has acquired challenger credit card startup Keebo. Financial terms of the deal were not disclosed.
03 October 2023
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