Cards

3393 articles tagged with this keyword

/Cards

Finextra's year in review

With 2019 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.

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Curve introduces money send feature

Card consolidation app Curve has launched a new feature for users to send money in over 25 different currencies to friends and contacts.

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Checkout.com to triple office space and double staff numbers

Fast growth payment processor Checkout.com is to triple its London office space as it gears up for a big recruitment drive in 2020.

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Intesa Sanpaolo to offload merchant acquiring business to Nexi

Intesa Sanpaolo is to sell its merchant acquiring business at 380,000 points of sale across Italy to local payments processor Nexi for €1000.

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Dutch banks to shut down ATMs overnight to foil explosive raiders

Dutch banks are to shut down outside ATMs overnight to combat attacks by criminal gangs using heavier explosive charges to raid cashpoints.

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Former Revolut exec prepares for 'smart bank' launch

Sync., a multicurrency bank account aggregation and personal financial management service founded by Revolut's former head of product design and strategy, is preparing to launch in Europe.

/regulation

PayPal sues CFPB over prepaid rule

PayPal has filed a lawsuit against the Consumer Financial Protection Bureau (CFPB) arguing that digital wallets should be exempt from the regulator's recently introduced rule on prepaid cards.

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Visa and MFS Africa team on digital payments

Visa is joining forces with MFS Africa to simplify remittances and expand global e-commerce across Africa.

/sustainable

Mastercard invests in Doconomy to offer cardholders CO2 emissions tracker

Announcing at the COP25 climate summit in Madrid, Mastercard has extended its collaboration with Swedish fintech Doconomy to offer cardholders carbon footprint tracking based on purchases made through the Bank of Åland’s cloud-based Åland Index.

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BMO joins $6m FlexPay funding round

FlexPay, a Montreal-based startup using AI to help merchants recover lost revenues from declined transactions, has raised $6 million in a funding round led by Impression Ventures and joined by BMO Capital Partners.

/payments

CaixaBank names board for new payments and consumer subsidiary

Spain's CaixaBank has named a 15 member-strong board for its newly created payments and consumer finance subsidiary.

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ABN Amro shuts down half of its ATM estate in response to escalating violence

ABN Amro has shut down and emptied 479 cash dispensers as an emergency response to a sharp rise in ATM explosive attacks.

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Wearable payments show sharp rise in uptake

Mastercard is reporting an eightfold increase in the use of wearable payments, such as smart watches, rings and jewellery, by consumers across Europe.

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One-fifth of UK adults impacted by card fraud in 2019

Over a fifth (21%) of UK adults have had their payment card cancelled or replaced as a result of attempted fraud during the past 12 months, according to research by comparethemarket.com.

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Curve’s customers far outnumber ‘active users’, leaked figures suggest

Curve, the London based fintech, has come under fire after leaked figures show just 14% of their 500,000 customers are active users.

/sustainable

Bunq plants trees while customers spend on new Green Card

Dutch mobile bank bunq is launching a limited-edition Green Card which helps users to offset their carbon footprint as they spend.

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Europol cracks down on airline CNP fraud

In an international operation that took place at 200 airports across the world, crime agency Europol has arrested 79 individuals suspected of using stolen credit card data for the online purchase of flight tickets.

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ECB offers support to bank-backed alternative to Visa and Mastercard

The European Central Bank has welcomed an initiative by some of Europe's top banks to explore the development of a rival payment system to challenge the dominance of Visa and Mastercard and the threat from Chinese and US Big Tech firms

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Orange Bank launches in Spain

French telco Orange is launching its mobile-only bank in Spain, tempting customers with a discount on their phone bills.

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Amex issues card that rewards users for physical activity

American Express has teamed up with life insurance and investment outfit Vitality to launch a credit card that rewards Brits for being physically active.