Cards

3371 articles tagged with this keyword

/payments

Australia's Tyro Payments looks to raise A$250m in IPO

Sydney-based Tyro Payments is seeking to raise around A$250 million by floating on the Australian Securities Exchange (ASX).

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Russian accused of running carding forum extradited to US

A Russian man accused of running a website selling stolen payment card details has been extradited from Israel to the US.

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Cardlay wins Eurocard deal; raises $10 million in funding

Copenhagen-based Cardlay has signed a breakthrough deal with Eurocard, the largest card issuer in Scandinavia, and secured $10 million in new funding from both current and new investors such as SEB Bank and Seed Capital

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Georgian neo bank Space to go global with Visa partnership

Georgian neo bank Space, an app-only offshoot of FTSE 250 TBC Bank, is to expand its international footprint through a partnership agreement with Visa.

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Pakistan lays out digital payments strategy

The State Bank of Pakistan has set out a new, digital-focused, national payment systems strategy designed to boost financial inclusion, particularity for women.

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EML acquires Prepaid Financial Services for £226 million

Ireland-based Prepaid Financial Services has agreed to sell 100% of its share capital to Australian payments firm EML for £226 million upfront plus an earn-out component worth £55 million.

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Global PCI DSS compliance plummets

Nearly two thirds of organisations around the world that accept card payments are putting customers at risk by failing to ensure full PCI DSS compliance, according to a Verizon report.

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Gendered credit scoring increases women's chance of credit acceptance

Following news of the probe into Apple Card’s credit worthiness algorithm after sexism claims, University of Edinburgh Business School reveals that including gender in credit scoring models improves women’s chances of being granted credit.

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Visa acquires minority stake in Nigeria's Interswitch

Visa is to acquire a 'significant' minority equity stake in Nigerian payments processor Interswitch in a deal that propels the African firm into Unicorn territory.

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Apple Card faces investigation over sexist credit limit claims

US regulators have opened a probe into the algorithm used to determine the credit worthiness of Apple Card applicants after a man took to Twitter to call it "sexist" for giving him a credit limit 20 times higher than his wife's.

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Google Pay will now work with all banks after Curve integration

UK fintech Curve is now allowing its users with Android-operating devices to shop with Google Pay.

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Banks have lost a quarter of the payments franchise to new players - BIS

Non-banks now account for a quarter of the institutions offering payment services or payment instruments, up from 14% in only six years, according to a fresh batch of statistics from the Bank for International Settlements.

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Visitors to China get Alipay/WeChat Pay access

Ant Financial and TenCent have launched versions of their mobile payments apps for foreign visitors to China, making it easier for travellers to make purchases in the increasingly cash-averse country.

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Card-as-a-service startup Deserve raises $50 million

Deserve, a provider of bespoke white label credit card and loyalty programmes for third party audiences, has raised $50 million in a funding round led by Goldman Sachs.

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RBS, Mastercard and EFM Asset Management invest in Pollinate

RBS has joined forces with Mastercard, Motive Partners and EFM Asset Management to invest in merchant acquiring startup Pollinate.

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Link fields 100 applications for Cash Delivery Fund

A month after setting up an access to cash fund, the UK's Link ATM network says it has received more than 100 requests for the installation of free-to-use cash machines by local communities.

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Kroger ends Visa ban

US supermarket giant Kroger is accepting Visa credit cards at all of its stores again, ending a ban begun more than a year ago in protest at "excessive" interchange fees.

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Starling issues dual currency debit card

Starling Bank has issued a dual currency debit card which enables users to pay for purchases in either pounds or euros.

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Massive cache of Indian card data goes up for sale on dark web

The details of more than 1.3 million credit and debit cards - most of them from India - have been put up for sale on an underground forum.

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Royal British Legion taps Elavon for contactless donations

The Royal British Legion will be out in force across British cities in November, collecting contactless donations for the annual Poppy Appeal through a network of 1100 cashless terminals provided by Elavon.