Cards

3447 articles tagged with this keyword

/people

Warren Buffett dumps Visa and Mastercard stock, buys Nubank

Warren Buffett’s Berkshire Hathaway has sold a combined $3.1 billion worth of shares in Visa and Mastercard and bought a $1 billion stake in Brazilian digital lender Nubank.

/payments

Amazon reaches global deal with Visa over card fees

Amazon has dropped its threat to stop accepting Visa cards across its global operations after reaching an agreement with the card scheme.

/payments

Siam Commercial Bank invests $100 million in Indonesian BNPL player Akulaku

Siam Commercial Bank has invested $100 million in Indonesian buy now, pay later platform Akulaku.

/payments

Closed loop and A2A payments set to take a bite out of card schemes

Closed-loop payment systems are top of the alternative payment product wish list for payment professionals, with account-to-account payments at the point-of-sale running a close second, according to research by regulatory intelligence agency Vixio.

/startups

Tillful launches card to help SMEs build credit

Tillful, a business credit platform for SMEs, has teamed up with Highnote and Mastercard to launch a credit card.

/payments

Australia's big four banks double down on investment in smart receipt fintech Slyp

Australia's Slyp has experienced a significant show of confidence from the country's big four banks, who have joined a further $25 million funding round in the digital receipt startup.

/inclusion

Oratio Project tackles UK homelessness with NFC card programme

Fintech investment company Pell Capital has launched a project that will offer homeless people in the UK access to contactless cards to raise donations and spend vouchers at accredited vendors.

/wholesale

Capital One partners Trovata to automate cash management for corporate clients

Trovata, a US startup specialising in automating cash workflows through multi-bank API data aggregation, has scored a distribution agreement with Capital One.

/payments

Lloyds signs first retailer for A2A payments API

Car dealership JCT600 has become the first retailer to use Lloyds’ new PayFrom Bank account-to-account payment product, displacing plastic cards at the online checkout.

/payments

PSR bids to shake up card acquiring market

The UK's payments watchdog has set out new rules designed to inject more competition into the market for card acquiring services.

/payments

Apple to turn iPhone into a payment terminal

Apple is working on an update that will transform its iPhone into a payment terminal, enabling users to accept payments with the tap of a card.

/payments

Contactless transactions surge in the UK

New data from Barclaycard, which sees nearly half of the nation’s credit and debit card transactions, reveals that 91.1% of all eligible card transactions in 2021 were made contactlessly, with the total value of contactless payments made increasing by 40.2 per cent, year-on-year.

/payments

Klarna launches physical BNPL card in the UK

Klarna is releasing a physical card in the UK, giving shoppers the opportunity to buy now, pay later in bricks and mortar stores.

/payments

Visa partners with Pagaya to to help issuers expand access to credit

Visa has formed a strategic relationship with AI fintech Pagaya to enable its merchant and issuing bank partners to expand access to credit.

/startups

Spend management startup Moss achieves €500 million valuation on €75m Series B

Berlin-based spend management platform Moss has has closed a Series B funding round of €75 million as it prepares to enter the UK market.

/payments

UniCredit partners Nexi to offer merchants SoftPOS-based payment acceptance

UniCredit Bank is to start offering its merchant customers technology from Nexi that lets them use their mobile phones as payments terminals.

/payments

Mastercard launches virtual card for instant B2B payments

Mastercard has unveiled a virtual card offering that uses machine learning and straight-through processing for instant payment of supplier invoices.

/payments

Mastercard and Coinbase partner to let people buy NFTs with cards

Mastercard is joining forces with Coinbase to enable people to buy NFTs with their debit and credit cards.

/regulation

PSR slaps prepaid card firms with £33 million fine for cartel behaviour

The UK's Payment Systems Regulator has imposed fines totalling £33 million on five firms, including Mastercard, for violation of anti-trust laws in the issue of prepaid cards to vulnerable people on welfare benefits.

/payments

Amazon suspends ban on Visa payments

Amazon has deferred its plan to stop customers using Visa credit cards at the last minute, says the Independent.