Cards

3422 articles tagged with this keyword

/payments

UK government issues tender to bring open banking to Gov.UK Pay

The UK government is inviting bidders for a £49 million contract to embed open banking technology into its Gov.UK Pay payments platform.

/wholesale

Capital on Tap scores £750m in funding facilities

London-based small business credit card provider Capital on Tap has secured £750 million in funding facilities.

/payments

Mastercard rolls out One Credential for multiple scheduled checkout choices

Mastercard is launching One Credential, a single digitally connected credential that provides consumers and businesses with a multitude of scheduled payment options spanning debit, installments, prepaid and credit.

/people

Former Revolut UK CEO James Radford takes over the reins at Volopa

Former Revolut UK CEO James Radford has taken over as CEO of Volopa, a foreign exchange, international payments, and expense management company incubated by Quantum Group.

/security

Visa launches Tap to Add Card in three new markets

Visa has launched its ‘Tap to Add Card’ service in Ukraine, Georgia and South Africa, enabling cardholders to add their bank card to their mobile wallet by tapping their card against their mobile phone.

/payments

Affirm and FIS partner to let banks offer BNPL via debit cards

Affirm has joined forces with FIS to bring integrated BNPL capabilities directly to debit card issuers.

/payments

Zeta grows valuation to $2 billion on $50 million funding round

Zeta, a next-gen banking tech provider to financial institutions globally, has secured a $50 million investment from an un-named investor valuing it at $2 billion.

/payments

Paysafe ponders sale - Bloomberg

Publicly-listed online payments firm Paysafe is considering a sale after receiving interest from potential buyers, according to Blomberg.

/payments

Irish fintech ZeroRisk raises $4 million

ZeroRisk, an Irish provider of compliance and cyber risk management tools for the payment industry, has raised $4 million in a funding round led by Elkstone.

/retail

Fintech Cushion shuts down

Cushion, an app that helped Americans negotiate bank and credit card fees to get refunds, has shut down.

/payments

Banco Sabadell offers customers real-time card payment geolocation

Banco Sabadell is using transaction enrichment technology from Snowdrop Solutions to enable its customers to accurately visualise the locations of their card transactions on a map, along with the merchant name and logo for clearer understanding.

/payments

Tink, Adyen and Recharge bring Pay by Bank to Germany

Prepaid payments platform Recharge is to provide customers in Germany with Pay by Bank options in a partnership with Tinka and Adyen.

/payments

Visa and Mastercard face multi-billion pound lawsuit over interchange fees

Commercial litigation firm Harcus Parker is reaching the final stages of preparation for commencement of a multi-billion pound class action lawsuit over interchange fees charged by Mastercard and Visa.

/payments

Visa and DealMe team on cross-border instalment payments

Visa has joined forces with fintech DealMe to let Vietnamese shoppers visiting South Korean pay for purchases using card instalment payments.

/regulation

FCA to remove £100 contactless limit

The UK Financial Conduct Authority is planning to remove the £100 contactless limit and implement an open finance regime tackling SME financing.

/payments

Highnote raises $90m; expands into merchant acquiring

Card issuance and programme management platform Highnote is moving into US merchant acquiring after raising $90 million in Series B funding.

/payments

Barclays and Synchrony Financial in the running to take over Apple's credit card business

Apple is reportedly in talks with Barclays to replace Goldman Sachs as its credit card issuer.

/people

Mastercard to pay $26 million to settle gender and race bias class action suit

Mastercard is to pay $26 million to settle accusations that for years it underpaid famale, black and hispanic employees.

/retail

Goldman Sachs invests in Canadian fintech Float Financial

Goldman Sachs has led a C$70 million Series B funding round for Canadian business finance platform Float Financial.

/regulation

European Court of Auditors flags concerns over EU price interventions in card market

The European Court of Auditors has raised concerns over how the EU goes about price interventions in the card market and its approach to open banking data sharing.