Cards

3455 articles tagged with this keyword

/payments

2010 revisited: Banks' response to crisis today is more proactive than in 2008

As Sibos 2020 kicks off, we look back to some of the predictions and forecasts made in 2010 and pick through what lessons can be learnt from the post-financial crisis world to inform strategy in the not dissimilar economic environment of today.

/startups

Teen banking app Step launches

Step, a teenager-focused US mobile banking startup backed by Stripe, has enlisted TikTok star Charli D’Amelio to help publicise its launch this week.

/payments

Mastercard to add merchant logos to financial app records

Mastercard is encouraging merchants to load up their logos to a new site managed by fraud platform Ethoca, in an effort to minimise dispute resolutions claims by confused consumers.

/payments

Samsung Pay taps Solarisbank to connect with any German bank account

Samsung has joined forces with Visa and Solarisbank to enable Germans to link an account with almost any bank to its contactless mobile payments service.

/payments

Portugal's Sibs buys Wirecard Romania business

Portuguese payments processor Sibs is the latest firm to pick up a piece of the Wirecard empire, acquiring its operations in Romania.

/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.