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NatWest to trial biometric credit card

/Cards

NatWest to trial biometric credit card

NatWest is to begin a three-month trial of biometric fingerprint credit cards with 150 customers.

Citi bids to woo younger Asian consumers through co-branded card deal with Lazada

/Cards

Citi bids to woo younger Asian consumers through co-branded card deal with Lazada

Citi is to launch a co-branded credit card with South East Asian e-commerce firm Lazada, as part of a strategy to grow its consumer banking customer base in the region by two million over the next few years.

Samsung Pay gets international money transfers and virtual debit card

/Cards

Samsung Pay gets international money transfers and virtual debit card

American users of Samsung Pay can now send money overseas and sign up for a virtual Mastercard debit card.

Former Samsung Pay Europe head joins Curve as COO

/Cards

Former Samsung Pay Europe head joins Curve as COO

UK consumer fintech Curve has hired the former head of Samsung Pay Europe, Nathalie Oestmann, as chief operating officer.

MasterCard introduces Threat Scan to help banks assess fraud exposure

/security

MasterCard introduces Threat Scan to help banks assess fraud exposure

Mastercard has launched a a service, called Threat Scan, to help banks proactively identify potential vulnerabilities in their authorisation systems.

'Fintech-as-a-service' platform Rapyd raises $100m

/startups

'Fintech-as-a-service' platform Rapyd raises $100m

Rapyd, a fintech-as-a-service' platform that enables businesses and consumers to pay or be paid however they choose for local and cross-border e-commerce transactions, has closed a $100 million funding round led by Oak HC/FT and joined by Stripe.

Revolut ready to go global through new deal with Visa

/Cards

Revolut ready to go global through new deal with Visa

Revolut is set to double its global footprint, pushing into 24 new markets thanks to a global deal with Visa.

Euro area card payments double in a decade

/Cards

Euro area card payments double in a decade

The number of card payments in the euro area have more than doubled in a decade as consumers increasingly dispense with the hassle of carrying notes and coins, according to the latest statistics from the European Central Bank.

Visa opens resource portal for fintechs

/payments

Visa opens resource portal for fintechs

Visa is looking to cosy up to fintech firms through the launch of an online portal giving them "unprecedented" access to its technologies and network.

Santander InnoVentures invests in Mexican startup Klar

/startups

Santander InnoVentures invests in Mexican startup Klar

Santander InnoVentures has joined a $57.5 million debt and equity seed financing round for Klar, a Mexican startup bidding to take on traditional credit cards and debit services.

Citi and RBC join $18m funding round for card data API startup Fidel

/Cards

Citi and RBC join $18m funding round for card data API startup Fidel

Fidel, a UK-based startup that gives developers access to real-time transaction data from the big card schemes via an API, has raised $18 million in a Series A funding round joined by Citi Ventures and Royal Bank of Canada.

American Express taps Open Banking for account-to-account payments

/Cards

American Express taps Open Banking for account-to-account payments

American Express is to move into the account-to-account space, enabling UK consumers to pay for goods and services online and on the go, directly from their bank account.

Retail lobby group calls for Government intervention over rising card fees

/Cards

Retail lobby group calls for Government intervention over rising card fees

The British Retail Consortium is calling on the Government to crack down on debit and credit card fees, as consumers increasingly forego cash payments in favour of spending with plastic.

SIA brings contactless payments to Rome's public transport system

/payments

SIA brings contactless payments to Rome's public transport system

Romans can now pay for their railway and subway journeys with their contactless cards and NFC-enabled mobile phones, thanks to technology from SIA.

Which? calls for Government action on access to cash

/Cards

Which? calls for Government action on access to cash

Consumer group Which? is continuing its campaign against the closure of bank branches and cash machines across the UK, calling on the Government to introduce legislation guaranteeing free access to cash.

Barclaycard finds that SCA has had no initial impact on transactions

/Cards

Barclaycard finds that SCA has had no initial impact on transactions

Early transaction data from Barclaycard following the introduction of Strong Customer Authentication (SCA) rules finds that merchants have not seen an increase in abandoned transactions or declined payments, contrary to popular expectations.

GoCardless enters US market

/Cards

GoCardless enters US market

London-based GoCardless is opening for business in the US, on a mission to shake up recurring payments in the world's biggest market.

Banks fear Big Tech competition in booming non-cash payments market

/payments

Banks fear Big Tech competition in booming non-cash payments market

As global non-cash transactions boom and competition from fintech startups and Big Tech flourishes, banks remain reluctant to embrace Open Banking via data sharing, ecosystem partnerships and open platforms, according to a report from Capgemini.

JPMorgan Chase and Wells Fargo invest in kids debit card Greenlight

/Cards

JPMorgan Chase and Wells Fargo invest in kids debit card Greenlight

Greenlight Financial Technology, the startup behind an app and debit card for kids, has closed a $54 million Series B funding round led by Drive Capital and joined by JPMorgan Chase and Wells Fargo.

CPI unveils card made from recovered ocean-bound plastic

/Cards

CPI unveils card made from recovered ocean-bound plastic

CPI Card Group is introducing a payments card, called Second Wave, with a core made from recovered ocean-bound plastic.

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