3350 articles tagged with this keyword
News/Cards
Global card expenditure is tipped to almost double over the next four years as surging growth in contactless payments continues to push the plastic payment card into the low value cash market.
12 February 2019
News/payments
ACI Worldwide has bought technology assets from RevChip and TranSend to boost its UP Merchant Payments offering with new cloud-based, omni-channel in-store capabilities.
11 February 2019
Visa has raised its takeover offer for cross-border payments outfit Earthport, beating off a rival bid from Mastercard
08 February 2019
Mastercard is heading to the Grammys and the Brit Awards to debut a new sonic brand identity scored with the help of Mike Shinoda of US rock band Linkin Park.
The European Central Bank is floating the idea of using instant payment rails to link up national card schemes as a means to break the duopoly enjoyed by Visa and Mastercard, who between them account for over 80% of all EU card transactions.
Barclays has taken a minority stake in Bink as part of a wider strategic partnership with the digital loyalty startup.
07 February 2019
News/security
Hackers have stolen the card details of thousands of customers buying flowers for loved ones over the busy festive period from UK commerce site the Great British Florist.
05 February 2019
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.
30 January 2019
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.
29 January 2019
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.
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.
28 January 2019
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.
22 January 2019
The European Commission has bashed Mastercard with a EUR570 million fine for obstructing merchant access to low-cost cross-border payment services.
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.
News/startups
Fingerprint payment card firm Zwipe has successfully raised $14 million in an oversubscribed offering of new shares to institutional investors and the general public.
21 January 2019
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.
17 January 2019
Mastercard is changing its rules to stop merchants using free trials as a ruse to charge for hard-to-cancel recurring subscriptions.
News/retail
Fiserv has struck a $22 billion, all-stock deal to buy First Data, creating a payments and fintech behemoth.
16 January 2019
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.
14 January 2019
Square has lost its head of payments, Mary Kay Bowman, to Visa, where she takes on the role of Head of seller solutions.
11 January 2019
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