3323 articles tagged with this keyword
News/security
The Maze ransomware gang have started posting payment card data stolen during a breach at state-owned Banco de Costa Rica.
26 May 2020
News/payments
MPs from across the House of Commons have called on the Chancellor to act now to protect the UK cash infrastructure from imminent collapse, as people shun ATMs due to the Covid-19 outbreak.
As people turn away from cash during the Covid-19 pandemic, NatWest has seen a significant increase over the last two months in UK businesses moving to accept card payments.
22 May 2020
As the Covid-19 pandemic forces millions to self-isolate, payments firm Contis has developed a programme to enable vulnerable people to safely give carers access to their money.
News/startups
Brex, the fast-growing firm behind a corporate credit card for startups, has raised $150 million in funding from, among others, Lone Pine Capital and DST.
19 May 2020
UK consumer group Which? is intervening in Mastercard's appeal in the Supreme Court over a £14 billion class action lawsuit against the card issuer relating to interchange fees.
13 May 2020
Singapore's DBS has launched the first cashless purchasing card for the logistics sector, eliminating the need to handle paper payments at container depots.
12 May 2020
Samsung is teaming up with US digital lender SoFi to launch a Samsung Pay debit card backed by a cash management account.
08 May 2020
As shoppers around the world adjust to social distancing measures, more than three quarters are now using contactless payments, according to a Mastercard study covering 19 countries.
30 April 2020
The Covid-19 pandemic is radically changing cash usage in the UK, with ATM withdrawals falling 60% during the lockdown and three quarters of Brits reporting that their use of paper money is down.
29 April 2020
News/covid-19
Despite the assumption that the Coronavirus pandemic will prove the last nail in the coffin, Bank of America's head of financial institutions GTS believes demand for paper money as a security has in fact increased.
NatWest, Royal Bank of Scotland and Ulster bank have followed the example set by Starling Bank in launching a companion card which vulnerable customers can give to trusted people to pay for their groceries or other essential items.
24 April 2020
Google could soon follow Apple in launching its own branded payments card, according to TechCrunch.
17 April 2020
Spain's CaixaBank is teaming up with Global Payments on a European prepaid card joint venture called MoneyToPay.
14 April 2020
Phos, the UK fintech that turns Android handsets into mobile point-of-sale terminals, has raised EUR1.3 million in funding.
News/crypto
Crytpo startup Fold has struck a deal with Visa to launch a card that lets users earn bitcoin when they spend.
Commonwealth Bank of Australia has recorded a surge in mobile payment transactions at the POS, as consumers reach for their phones to avoid touching PIN pads during the Coronavirus outbreak.
09 April 2020
Starling Bank is introducing the 'Connected card', a second card that customers can link to their existing account and give to anyone they trust to pay for groceries and other essential items on their behalf.
08 April 2020
Neat, a Hong Kong-based fintech offering multicurrency accounts to SMEs and startups, has raised $11 million in a funding round supported by Pacific Century Group, MassMutual Ventures Southeast Asia, and new commercial partner Visa.
Card consolidation app Curve has become one of the first firms in Europe to roll out numberless cards in a move it says boosts security and convenience.
07 April 2020
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