3446 articles tagged with this keyword
News/payments
Dutch digital bank bunq has become the first European issuer of Mastercard True Name cards, offering transgender and non-binary people the ability to use their chosen name on eligible credit cards.
18 May 2021
News/inclusion
Several big American banks, including JPMorgan Chase, are signed up for a government-backed pilot using alternative data to get credit to people with low or no credit scores, according to the Wall Street Journal.
14 May 2021
News/regulation
The US Federal Reserve is to push through new rules to ensure that merchants can choose between multiple networks for routing card-not-present transactions, as well as guidelines for allowing newly-chartered fintechs direct access to the Fed's payment network.
12 May 2021
News/startups
VitraCash, a UK fintech startup that uses AI to select the best card in consumer wallets for each transaction, has closed a pre-seed crowdfunding round of £330,000.
Visa has made a "sizeable" equity investment in Remitly to help the digital remittance outfit expand its network in emerging markets.
11 May 2021
Curve, the London-based fintech that combines multiple cards and accounts into one smart card and app, is to return to the crowd for fresh funding five months after sealing a $95 million equity round.
Sellers of the Big Issue, a magazine sold by the homeless across the UK, are now able to accept PayPal QR Code payments, following an accelerated roll out of iZettle card readers to over a third of its vendor network.
10 May 2021
News/crypto
Canadian payments firm Nuvei has agreed a $250 million cash deal to acquire Simplex, a fintech startup providing fiat infrastructure to the cryptocurrency industry.
Visa is working with personal finance app Tala to help underbanked populations participate in the crypto economy.
05 May 2021
All-in-one card fintech Curve has enlisted Cardlytics for the launch of an in-app rewards programme.
B2B payments player Boost Payment Solutions has raised $22 million in a Series C funding round led by Invictus Growth Partners.
Barclays has identified payments as a key growth opportunity worth £900 million over three years thank to areas such as merchant acquiring and the BNPL market.
30 April 2021
Cryptocurrency exchange Gemini has teamed up with Mastercard and WebBank for its upcoming credit card that lets users earn crypto rewards.
28 April 2021
Step, a teenager-focused US mobile banking startup, has raised $100 million in a Series C funding round led by General Catalyst and joined by Stripe and a host of celebrities including Will Smith and Jared Leto.
27 April 2021
Greenlight Financial Technology, the startup behind an app and debit card for kids, has hit a $2.3 billion valuation thanks to a $260 million Series D funding round led by Andreessen Horowitz.
Having closed a $425 million Series D funding round at a $7.4 billion valuation, Brex is making an aggressive play to expand beyond its core corporate credit card product with the launch of a new all-in-one finance platform.
26 April 2021
With more than $5 million in funding in place, Till Financial has launched its collaborative family banking platform designed to help kids manage their money.
The Reserve Bank of India has banned American Express and Diners Club from onboarding new customers in the country, accusing the firms of violating data storage rules.
23 April 2021
News/sustainable
As climate change activists smash the windows at its Canary Wharf HQ, HSBC is attempting to burnish its green credentials with a new programme to eliminate single-use PVC plastic payment cards in favour of recycled PVC plastic (rPVC) across all its global locations by the end of 2026.
22 April 2021
Citi is tapping Mastercard Send to enable its corporate and public sector clients in the US to send funds directly to a consumer debit or prepaid card account.
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