Cards

3350 articles tagged with this keyword

/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.

/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.