Cards

3328 articles tagged with this keyword

/payments

Mesh raises $60m for finance automation platform

Mesh Payments, the finance automation platform for companies, has raised $60 million in a Series C funding round led by Alpha Wave.

/retail

UK's bank branch sharing project to be extended

A trial project involving bank branches shared by multiple institutions is set to be rolled out across the UK.

/payments

Lloyds: almost 9 in 10 card payments now contactless

Nearly nine in 10 in-person debit card purchases are now contactless, according to data from Lloyds Bank.

/retail

Singapore welcomes another digital bank

The digital bank market in Singapore has grown following the launch of Trust Bank, a partnership between Standard Chartered and local retailer FairPrice.

/inclusion

Ajman Bank and Mastercard team on card for visually impaired

United Arab Emirates-based Ajman Bank has joined forces with Mastercard to launch a card for blind and partially sighted customers.

/payments

SumUp launches e-wallet app

London-based mPOS unicorn SumUp is expanding into the B2C payments space through the launch of a digital wallet with integrated loyalty scheme.

/security

Visa tokens overtake physical cards in circulation

Visa has issued its four billionth network token for e-commerce payments, surpassing the number of physical cards it has in circulation worldwide.

/payments

Visa and Mastercard blame increased risk of fraud for post-Brexit fee hikes

Visa and Mastercard have cited fraud and increased competition to justify post-brexit fee increases on cross-border payments from the UK.

/crypto

Binance and Mastercard launch crypto-to-fiat payment card

Binance is to launch a cryptocurrency payment card that enables users to convert their holdings into fiat for transactions at Mastercard terminals worldwide.

/regulation

India lifts ban on AmEx issuing new cards

The Reserve Bank of India has lifted a ban on American Express onboarding new card customers in the country after assessing that the US firm is now complying with data storage rules.

/security

Fraud spike forces bus company to ban online banks and cut mobile contactless limits

An Essex bus company has banned customers from Monzo and Revolut from using their smartphones to pay for fares and has slashed mobile contactless limits to just £10 following a spike in debit and credit fraud across the network.

/payments

Faster Payments volumes increase by 23%– UK Finance

A new UK Finance Payment Markets report finds Faster Payments volumes increased by 23% to 3.6 billion from 2020 to 2021. The report looks at the latest payment trends from 2021 and forecasts up to 2031.

/payments

Bank of New Zealand rolls out SoftPOS app

Bank of New Zealand (BNZ) has unveiled BNZ Pay, a mobile app for retailers that transforms an Android device into a contactless payment terminal.

/inclusion

Pomelo raises $20m to combine credit and international money transfers

Having secured $20 million in seed funding, Pomelo has launched its credit card that enables families in the US to extend their credit abroad while avoiding remittance fees.

/crypto

Crypto app Nebeus taps Modulr for card issuing

Nebeus has teamed up with Modulr to add fiat accounts, real-time payments and Visa cards to its crypto app.

/predictions

Brazil central bank chief predicts death of credit cards

Brazil’s central bank chief Roberto Campos Neto believes credit cards are on the brink of extinction due to growth in account-to-account based open payments.

/retail

Barclaycard joins BT’s partnership network to support small businesses

Barclaycard Payments has announced its partnership with BT to support microbusinesses in the UK.

/people

Marqeta CEO Gardner steps down

Open API card issuing and processing platform Marqeta is on the hunt for a CEO after founder Jason Gardner decided to make the move to executive chairman.

/regulation

Goldman Sachs’s credit card division under investigation by CFPB

Goldman Sachs’ credit cards unit undergoing investigation by the Consumer Financial Protection Bureau (CFPB).

/security

UK is card fraud capital of Europe

The UK has been crowned the card fraud capital of Europe, with more victims and higher losses experienced than any of its continental peers.