Cards

3350 articles tagged with this keyword

/payments

NAB to roll out Pollinate; joins investor group

National Australia Bank has struck a multi-year deployment deal with merchant acquiring startup Pollinate and taken a stake in the UK-based fintech.

/retail

UOB taps Visa API to simplify digital payments

Singapore's United Overseas Bank (UOB) has become the world's first lender to use a new Visa API that lets customers add cards to third party apps without the physical plastic.

/security

New security measures could block one-third of online EU purchases

New European rules on Strong Customer Authentication (SCA) could block more than one-third of online purchases and cost merchants more than $100 billion in lost sales, according to an analyis by payments consultancy CMSPI.

/retail

Greenlight raises $215m for kids' debit card

Greenlight Financial Technology, the startup behind an app and debit card for kids, has joined the unicorn club after closing a $215 million Series C funding round at a $1.2 billion valuation.

/payments

Petal raises $55m for credit card targeting underbanked

Petal, a US credit card startup that is ditching traditional credit scores in an effort to sign up young people and the underbanked, has closed a $55 million Series C funding round led by Valar Ventures.

/devops

StanChar opens virtual bank in Hong Kong

Standard Chartered has announced the official opening of its virtual bank in Hong Kong

/startups

Aussie startup unveils open banking-powered corporate credit card

Australian working capital startup Cape is preparing to launch a corporate credit card powered by Open Banking technology early next year.

/people

Brex makes permanent move to 'remote first' working

Six months after Covid-19 began forcing firms and their staffers to make the switch to working from home, San Francisco-based fintech Brex is embracing the change and becoming a permanent remote-first employer.

/payments

NAB launches no-interest credit card

National Australia Bank is offering an alternative to third party buy now, pay later offerings with the launch of an interest-free credit card.

/payments

Starling Bank launches Kite cards for kids

Starling Bank is to launch its Kite debit card, which can be used by children under the age of 16 for spending online, instore and withdrawing cash from ATMs.

/payments

Visa faces EU scrutiny over digital wallet licencing rules

The European Commission has opened a preliminary investigation into Visa's rules regarding staged digital wallets.

/retail

Tandem pivots from challenger mode with credit card wind down

Tandem Bank is the latest UK challenger to undertake a business pivot in the midst of the pandemic, shutting down its credit cards to focus instead on plain vanilla savings and loans.

/retail

Monzo bids to cut costs with new fees for ATM withdrawals and lost cards

Monzo is to slap free-loading users with a three percent charge for ATM withdrawals amounting to over £250 per month and a £5 fee for replacing lost cards.

/payments

Visa uses AI to reduce declined transactions during service outages

Visa is using real-time AI to help financial institutions manage transaction authorisations during service outages and disruptions.

/startups

Teen banking app Copper raises $4.3m

Copper, an app-based banking startup targeting teens, has raised $4.3 million in a seed funding round led by PSL Ventures.

/payments

Japan facing credit card number shortage

Japan is running out of 16-digit credit card numbers amid a government effort to encourage electronic payments and a surge in online shopping during the Covid-19 pandemic, according to local press reports.

/payments

India's NPCI launches unit to take UPI and RuPay global

The National Payments Corporation of India (NPCI) has set up an international subsidiary to sell the technology behind its RuPay network and Unified Payments Interface (UPI) to other countries

/payments

Brits shunning cash over misplaced fears about Coronavirus spread

New research commissioned by GoCompare Money reveals that a third of UK adults are avoiding using cash because of the risk of spreading the Coronavirus, despite reassurances by central banks and the World Health Organisation over the safety of cash payments.

/payments

Card scammers target Ritz diners

Crooks have snaffled dining reservation information from the Ritz hotel in London and used it to call customers in an effort to trick them into handing over their card details.

/payments

UAE card issuer and processor NymCard secures regulatory pre-approval

Abu Dhabi-based fintech NymCard has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FRSA) to hold and transfer money, issue payment instruments with stored value and carry out currency exchange.