Cards

3323 articles tagged with this keyword

/startups

Indian startup Cred raises $81 million

Cred a fast-growing Indian startup that allows users to pay their credit card bills and gives rewards in return, has raised $81 million in a Series C financing round, which puts the company at $806 million valuation

/payments

Banks push for UK to increase contactless limit to £100

In the wake of Brexit, banks are pushing the UK government to increase the contactless payments limit to £100, breaking with an EU cap of £45.

/payments

GoCardless nears Unicorn status on $95 million funding round

GoCardless, a processor of recurring debit payments for more than 55,000 businesses worldwide, has raised $95 million in a Series F funding round.

/payments

Fiserv acquires Ondot

Fiserv has acquired digital card services platform Ondot.

/crypto

Quontic Bank launches Bitcoin rewards checking account

Digital banking outfit Quontic has become the first FDIC-insured financial institution in the US to launch a Bitcoin rewards debit card.

/startups

Credit building startup Self raises $40m

Self Financial, a fintech startup promising to help Americans build their credit while also saving money, has raised $40 million in a Series D funding round led by Meritech Capital.

/payments

Barclaycard ships mobile app for on-the-spot issue of virtual corporate cards

Barclaycard has launched a new online platform for companies to issue virtual corporate cards and manage spending through a mobile app.

/payments

Worldline buys controlling stake in ANZ commercial acquiring biz

European payments firm Worldline is paying A$485 million for a 51% stake in ANZ's commercial acquiring business, creating a joint venture with the Australian bank.

/regulation

UK Supreme Court paves the way for £14 billion Mastercard class action

The UK's Supreme Court has cleared the way for a £14 billion class action lawsuit brought against Mastercard over interchange fee charges.

/security

Swedish challenger Rocker pilots biometric card

Swedish digital banking challenger Rocker is set to pilot the country's first contactless fingerprint biometric debit card.

/retail

Pocket money app gohenry raises $40m for US push

UK-based kids' money management app gohenry has raised $40 million in a funding round led by Edison Partners and joined by Citi Ventures.

/startups

Updraft raises £16m to help Brits break up with their credit cards

Updraft, a London-based startup promising to help users ditch their credit cards, has raised £16 million in equity and debt.

/startups

Celebrities join $50m funding round for teen banking app Step

Step, a teenager-focused US mobile banking startup, has raised $50 million in a Series B funding round led by Coatue and joined by Stripe and a host of celebrities.

/payments

ECB offers robust support of cash as digital payments creep up

Euro area consumers are gradually shifting towards cards for in-person retail payments, although cash remained the most used instrument at the end of 2019, according to data published by the European Central Bank.

/crypto

BlockFi opens waiting list for bitcoin rewards credit card

Cryptocurrency startup BlockFi is to release a credit card that rewards users for shopping by paying a bitcoin cashback bonus.

/security

Carding forum crackdown prevents EUR40m in payments fraud

Authorities have prevented around €40 million in fraud losses thanks to a three-month long operation targeting dark web carding forums, claims crime agency Europol.

/payments

Australian contact tracing review recommends tracking card transactions

A review of contact tracing in Australia has suggested using consumer credit card data to track the trail of people hosting the Covid-19 virus.

/payments

Coronavirus transmission risk from cash is low - BofE

The rush to abandon cash during the pandemic may be unnecessary, according to a scientific study from the Bank of England, which finds that the risk of Covid-19 transmission by banknotes is low.

/startups

HMBradley raises $18.25 for savings-focused banking platform

HMBradley, a US digital banking platform promising to help reward people for saving and positive financial behaviour, has raised $18.25 million in a series A funding round led by Acrew Capital.

/sustainable

UBS introduces credit card made from corn

Swiss bank UBS has replaced plastic with corn for a new environmentally-friendly credit card and also introduced a purely virtual card.