3413 articles tagged with this keyword
News/payments
A gambling awareness charity in the UK has criticised UK banks for failing to properly use technology designed to prevent users from accessing gambling sites via their debit and credit cards.
07 July 2020
Mastercard has invested in Verestro to support the Polish payment firm's international expansion efforts. The size of the investment was not disclosed.
Sixteen major Eurozone banks have come together to start the implementation of a new payment system to take on the might of Visa and Mastercard and the threat posed by Chinese and US Big Tech firms.
02 July 2020
News/regulation
The European Commission says regulations to cap the interchange fees charged to merchants by the global card schemes have had the desired effect of reducing costs to merchants and driving cross-border acquiring.
01 July 2020
BNP Paribas is to roll out its first batch of contactless fingerprint cards this autumn.
29 June 2020
A fintech startup targeting creators on digital platforms like YouTube and Twitch has launched its first product, a card that links customers' credit to their social media numbers.
Belgium's KBC is rolling out wearable payments tech to all clients following successful tests with 1000 customers.
26 June 2020
Germany's solarisBank and American Express have come together to create a new installment payment option for card payments of €300 or more.
News/startups
Slice, a fintech startup which offers card-based products to young Indians to help them build a better credit score, has raised $6 million in a funding round led by Japanese VC Gunosy.
25 June 2020
News/crypto
Central bank digital currencies (CBDCs) "deserve consideration" as an additional means of payment, says a report from the Bank for International Settlements (BIS).
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
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.
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.