3413 articles tagged with this keyword
News/startups
Pollinate, a merchant acquriring startup founded by former Monitise chief Alastair Lukies, is in talks to raise $50 million in new funding.
10 February 2021
News/payments
A £14 billion Mastercard consumer damages case is to return to the UK's Competition and Appeals Tribunal for certification next month.
NatWest is to convert all of its debit cards to Mastercard, giving the card scheme a massive leg-up in its efforts to break the UK dominance of rival Visa.
04 February 2021
News/crypto
US digital currency outfit Uphold is set to launch crypto-enabled cards across Europe thanks to the acquisition of issuer Optimus Cards UK. Financial terms were not disclosed.
Abu Dhabi-based banking-as-a-service vendor NymCard has raised $7.6 million in Series A financing.
02 February 2021
Visa CEO Alfred Kelly says the card scheme is preparing its payments network to handle a full range of cryptocurrency assets.
01 February 2021
Mastercard-backed Asian commerce platform Pine Labs has rolled out a tap-to-pay app for small merchants in India, enabling them to start accepting contactless card payments without the need for any additional hardware.
27 January 2021
News/cloud
TransferWise is expanding its debit card programme into dozens of new markets after inking a worldwide deal with Visa that will see the money transfer firm connect to the card giant's global processing network via the cloud.
News/security
French bank BNP Paribas is offering its Visa Premier cardholders the chance to upgrade to a contactless fingerprint option - for a €24 annual fee.
UK supermarkets Morrisons and The Co-op have suffered payments glitches that have left some customers unable to pay by card and others charged twice.
26 January 2021
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.
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.
25 January 2021
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.
22 January 2021
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.
21 January 2021
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.
20 January 2021
News/predictions
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.
19 January 2021
X1, the startup behind a "smart" credit card, has raised $12 million in a funding round led by Spark Capital.
General Motors, Goldman Sachs and Mastercard have agreed a multi-year relationship for co-branded rewards-based credit cards.
15 January 2021
Goldman Sachs has selected card issuing platform Marqeta to help deliver its first digital current accounts, which will launch later this year.
Cryptocurrency exchange Gemini has acquired fintech Blockrize ahead of the launch of a credit card that lets users earn crypto rewards.
14 January 2021
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