Cards

3323 articles tagged with this keyword

/payments

TrueLayer launches payments-as-a-service product

Open Banking API provider TrueLayer has launched its first payments product, providing firms with the ability to onboard customers and bypass card schemes using faster payment rails for account-to-account payouts and deposits.

/payments

Mastercard hikes interchange fees for UK online purchases from the EU

Mastercard has imposed a five-fold increase on credit card interchange fees charged for UK online purchases from the EU, following Britain's withdrawal from the European Union.

/payments

Nine-in-ten of all UK in-store card payments made with contactless

The Coronavirus pandemic has cemented the role of contactless as the preferred way to pay in the UK, accounting for nine-in-ten of all elgible card transactions in 2020.

/payments

Bank of England supplys ONS with UK debit and credit card transaction data

The Bank of England will for the first time provide the UK's Office for National Statistic (ONS) with credit and debit card transaction data to better inform policy-makers about how people have been spending their money.

/crypto

Bitpanda to issue multi-asset debit card

Crypto-broker Bitpanda is taking pre-orders for a new Visa debit card that combines all assets like cryptocurrencies, fiat and precious metals into one card in real time.

/predictions

Worldline and Nexi emerge as chief beneficiaries of EU payment consolidation

The recent wave of consolidation among payment processors in Europe provides a powerful motivation for banks to review their acquiring business, according to a deep-dive analysis of the EU payments sector by Jefferies.

/startups

X1 raises $12m for smart credit card

X1, the startup behind a "smart" credit card, has raised $12 million in a funding round led by Spark Capital.

/payments

GM, Goldman and Mastercard agree credit card partnership

General Motors, Goldman Sachs and Mastercard have agreed a multi-year relationship for co-branded rewards-based credit cards.

/payments

Marqeta wins digital current account contract with Goldman Sachs

Goldman Sachs has selected card issuing platform Marqeta to help deliver its first digital current accounts, which will launch later this year.

/crypto

Gemini preps credit card with crypto rewards

Cryptocurrency exchange Gemini has acquired fintech Blockrize ahead of the launch of a credit card that lets users earn crypto rewards.

/devops

Open Banking year three: Insights from the CMA9

The UK banking industry had its hands full in 2020 as institutions had to respond to lockdowns and other restrictions on business activity designed to curb the spread of Covid-19. What effect did this have on the ongoing adoption of Open Banking? In Finextra’s annual review, we look at how Open Banking has grown, what still needs to improve and what will happen next.

/regulation

Visa and Plaid terminate blockbuster merger

Visa and Plaid have terminated their merger agreement after the US Justice Department filed suit to block the combination over competition concenrns.

/payments

Curve seals $95 million equity round

Curve, the London-based fintech that combines multiple cards and accounts into one smart card and app, is to launch in the US after sealing a $95 million equity round.

/startups

Czech Republic neobank targets e-shops and merchants

Czech Republic-based Octobank is launching what it claims is Europe's first neobank dedicated to SMB e-shops and merchants.

/crime

Last year’s challenges in financial crime will gather pace in 2021

As Covid-19's shadow continues to stalk economies as we move into 2021, the stakes are high for merchants and institutions alike to adapt to the challenges it presents, according to new report on financial crime mitigation.

/inclusion

Green Dot launches mobile bank

Green Dot has launched a mobile bank, called GO2bank, targeting the two in three Americans "living paycheck to paycheck".

/payments

Affirm aims for $9 billion valuation on IPO

Affirm, Max Levchin's buy now, pay later credit card alternative, expects to achieve a valuation of just over $9 billion from its forthcoming IPO on Nasdaq.

/payments

New York MTA completes contactless payments rollout

New York's Metropolitan Transport Authority has completed the year-and-a-half-long rollout of contactless payments across its subway stations.

/retail

Expense management firm Divvy raises $165m

Divvy, an American outfit offering businesses a combination of free expense management software and corporate credit cards, has raised $165 million at a valuation of $1.6 billion.

/regulation

Judge backs PayPal over CFPB in prepaid card case

A US federal judge has sided with PayPal in a lawsuit brought against the Consumer Financial Protection Bureau (CFPB) over recently introduced rules on prepaid cards and digital wallets.