Cards

3323 articles tagged with this keyword

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American Express blocks Curve

American Express has blocked attempts by Curve to load Amex cards into its all-in-one wallet, just days after the UK startup announced support for the feature.

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Petal raises $30m for credit card aimed at unbanked

Petal, a US credit card startup that is ditching traditional credit scores in an effort to sign up young people and the underbanked, has closed a $30 million Series B funding round led by Peter Thiel's Valar Ventures.

/payments

AIB eyes EUR100m Payzone acquisition

Allied Irish Banks (AIB) is in exclusive talks to buy local payments outfit Payzone in a deal that could be worth EUR100 million, according to the Sunday Times.

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Mobeewave tops up Series B round with Samsung Venture Investment

Canadian mobile contactless payments outfit Mobeewave has increased the size of its Series B funding round to almost US$20 million thanks to new money from Samsung Venture Investment Corporation.

/payments

Advent buys majority stake in Argentinian bank-owned payments firm

Private equity giant Advent International is buying a 51% stake in Argentinian payments firm Prisma Medios de Pago from a consortium of local banks and Visa International in a deal valuing the company at $1.42 billion.

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European Commission hits Mastercard with EUR570 million fine over interchange rules

The European Commission has bashed Mastercard with a EUR570 million fine for obstructing merchant access to low-cost cross-border payment services.

/payments

Australian Payments Council consults on digital payments

The Australian Payments Council is calling for input from businesses, NGOs, government and consumers on what’s needed to support payments in the digital economy of the future.

/startups

Fingerprint payments startup Zwipe raises $14 million

Fingerprint payment card firm Zwipe has successfully raised $14 million in an oversubscribed offering of new shares to institutional investors and the general public.

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Square launches debit card for businesses

Square continues to spread its tentacles into the banking world through the launch of a debit card for businesses that gives sellers real-time access to funds.

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Mastercard cracks down on 'free trial' subscriptions

Mastercard is changing its rules to stop merchants using free trials as a ruse to charge for hard-to-cancel recurring subscriptions.

/retail

Fiserv agrees $22bn First Data acquisition

Fiserv has struck a $22 billion, all-stock deal to buy First Data, creating a payments and fintech behemoth.

/security

Criminal gangs use Fuze to store multiple stolen cards on one card

Cash-out crooks have a new weapon in their armoury: the Fuze Card, which lets users store all of their (stolen) credit and debit cards on a single piece of plastic, the US Secret Service is warning.

/payments

Visa poaches Square head of payments

Square has lost its head of payments, Mary Kay Bowman, to Visa, where she takes on the role of Head of seller solutions.

/Cards

Mastercard ditches name in logo rebrand

Mastercard has taken the bold step of removing its name from its logo in a move it says is inspired by the rise of digital banking and a future where there will be less reliance on card payments.

/Cards

India central bank convenes digital payments panel

Reserve Bank of India (RBI) has recruited the Infosys chairman Nandan Nilekani to head up an advisory panel on the development of digital payments.

/retail

Brits more likely to get divorced than dump their bank – Tandem

With the 8th of January marking Divorce Day – the UK’s most popular day to start divorce proceedings - Tandem Bank product director Matt Ford revealed that despite the act of changing banking provider becoming simpler, consumers are still misinformed and discouraged.

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Contactless card fraud on the up

Fraud on contactless cards now accounts for more than half of debit and credit card crime, as criminal push the £30 PIN-free limit to the max.

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Mastercard appoints first chief experience officer

Mastercard has hired Donald Chesnut from SapientRazorfish as it first chief experience officer.

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Fingerprint payment card firm Zwipe aims to raise $13.7 million

Fingerprint payment card firm Zwipe is bidding to raise $13.7 million by applying for a listing on Oslo Bors' multilateral trading facility Merkur Market.

/Cards

Lights, camera, action! Finextra TV highlights 2018

It’s been a busy year for the Finextra TV team, posting 251 video interviews with leading industry figures during the course of 2018. Here are the top five by viewing figures.