3323 articles tagged with this keyword
News/retail
Visa has built a digital tool that uses AI and proprietary data to help US financial institutions predict credit application fraud.
22 June 2020
Ricky Knox, CEO and founder of Tandem Bank reflects on Covid-19’s impact on customers financial health and gives FinextraTV his take on shifting attitudes towards credit, pre and post-pandemic.
18 June 2020
News/security
Giesecke+Devrient has developed a system that lets customers use EMV payment cards and their mobile phones for the upcoming Strong Customer Authentication (SCA) rules.
Santander InnoVentures has led a $40 million Series D investment round in Upgrade, the consumer credit platform that is moving into mobile banking.
17 June 2020
News/payments
Worldpay is rolling out a new Open Banking Hub to merchants, enabling users to pay for purchases direct from their bank account, circumventing the need to enter card or account information into a third party site.
The UK's Supreme Court has come down in favour of the UK's biggest supermarket chains in a long-runnning legal battle over the level of interchange fees charged by Visa and Mastercard
News/sustainable
Visa is to roll out cards made from recycled plastic to all financial institutions globally.
Canada's DCBank has joined forces with technology outfit XTM to install cash kiosks that convert notes and coins into a pre-paid Mastercard for spending at shopping malls and sports stadiums.
16 June 2020
BBVA's API-powered open banking platform has launched a real-time payments service via Visa Direct, for US companies.
11 June 2020
Brits have gone an average of 44 days without using cash as they ditch notes and coins for contactless payments during the Covid-19 pandemic, according to a survey from Nationwide Building Society.
Russia's Sberbank has teamed up with Visa and retailer Azbuka Vkusa to open a cashierless store where customers simply take items from shelves and are automatically charged.
09 June 2020
Chargeback, an American real-time dispute management platform for merchants, has closed a $6.6 million Series A1 funding round led by Fintop Capital and Next Frontier Capital.
More than half of all payments in the UK were made by card last year as cash usage fell sharply, industry figures show.
04 June 2020
While Covid-19 is encouraging an uptick in contactless payments, the virus is set to stymie tap-and-pay for New York commuters by delaying the roll out of a new system, according to the Wall Street Journal.
03 June 2020
News/startups
Mastercard has brought its Fintech Express programme to Europe, providing easy access to a customised set of rules, relevant resources and digital-first services to help startups add payments to their suite of products.
02 June 2020
Consumer group Which? has called on the Government to protect the already fragile cash system from collapse as the UK's shift to a cashless society accelerates.
News/inclusion
Welcome Technologies, an outfit that works to support immigrants to the US, has joined forces with Green Dot on a digital banking product.
29 May 2020
Marqeta has raised $150 million from an unnamed institutional investor, valuing the open API card issuing and processing platform at $4.3 billion.
28 May 2020
Polish bank Pekao has launched an app that helps children save and learn about how to manage their money.
Electronics giant Samsung has partnered US digital lender SoFi on a mobile-first money management platform and Mastercard debit card.
27 May 2020
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