Latest Cards News: Finextra Research

2018: The future of banking in the spotlight as digital trends take hold

As Finextra pulls the shutters down on 2018, we take a look back at our most popular news items and community engagement activities over the course of the past year. The site will re-open for business on 2 January 2019.

21 December 2018

News/startups

Credit checking startup TotallyMoney agrees £29 million funding round

TotallyMoney, a fintech startup providing consumer credit reports, has agreed £29 million of funding from Elliott Advisors (UK) Limited (Elliott) and existing investors Scottish Equity Partners (SEP).

20 December 2018

News/payments

Global ATM market on the wane as China migrates to digital payments

Global ATM installations are set to fall for the time as the mega Chinese market switches away from cash to digital payments.

18 December 2018

News/payments

Christmas jumpers; the contactless gift that keeps on giving

Fundraisers for Save the Children have donned Christmas jumpers with a contactless reader built into the sleeve as part of the charity's annual festive appeal for donations.

17 December 2018

News/Cards

CBA misses out as ANZ and Citi land plum NSW Government contracts

Australia's New South Wales Government has carved up its transactional banking contract with Westpac, in the process handing out plum assignments for ANZ and Citi.

13 December 2018

News/Cards

Barclays debuts spend blocker for vulnerable customers

Barclays Bank has become the first of the UK's incumbents to follow the example set by challengers Starling and Monzo in enabling customers to block payments to certain categories of retailer, such as gambling services and premium rate websites and phone lines.

11 December 2018

News/Cards

Mastercard bids to bypass own rails with Pay by Bank app promotion

Mastercard has recruited PPRO Group to help push the uptake of of its Pay by Bank app to merchants in the UK.

05 December 2018

News/Cards

London installs network of contactless donation points to help the homeless

Londoners appalled by the growing levels of rough sleepers on the capital's streets can now make contactless donations to homelssness charities through a network of terminals across the city.

05 December 2018

News/Cards

T-Mobile targets US banking market

T-Mobile is taking a second shot at the American banking scene, teaming up with BankMobile to launch an app-based checking account.

04 December 2018

News/Cards

Zopa gets banking license

Zopa has received a UK banking license, paving the way for the peer-to-peer lending pioneer to launch a brand-new suite of financial products built on proprietary technology.

04 December 2018

News/Cards

Card details at risk in massive Marriott data breach

The details of millions of payment cards may have been exposed in a hack on hotel giant Marriott affecting 500 million guests.

30 November 2018

News/Cards

Revolut approved for Japan and Singapore push

Financial regulators in Japan and Singapore have given a green light to UK-based fintech Revolut and its bid to expand in Asia Pacific

29 November 2018

News/Cards

IndusIndbank introduces push button credit card

IndusInbank has launched an interactive credit card with push button controls for customers to choose their preferred mode of payment at the checkout.

22 November 2018

News/payments

Dispute with IT provider sees Mozambique interbank system knocked out

A dispute between Mozambique's interbank payments system operator and its IT provider which has led to accusations of "blackmail" has left millions of people unable to use their cards at the point-of-sale or ATMs.

19 November 2018

News/Cards

Plastiq raises $27m to let people pay for anything by credit card

Plastiq, a US startup that lets users pay any bill by credit card, has raised $27 million in a Series C funding round led by Kleiner Perkins with participation from DST Global.

19 November 2018

News/security

CVV codes lifted in Vision Direct breach

Vision Direct says that the personal details and payment card numbers, expiry dates and CVV codes of thousands of customers have been stolen by criminal hackers.

19 November 2018

News/payments

Visa takes stake in India's BillDesk

Visa has moved to strengthen its position in the fast-growing Indian market, making a minority investment in digital payments platform BillDesk. Terms were not disclosed.

19 November 2018

News/Cards

Russian banks get ready for contactless ATMs; MIR cards go international with Ingenico

A clutch of leading Russian banks are preparing for the introduction of contactless ATMs, enabling users to make withdrawals and conduct currency transactions at the cash point via popular payments apps from Apple, Samsung and Google.

15 November 2018

News/Cards

Former Google Wallet chief raises $100m for payment terminal OS

Poynt, the payment terminal startup founded by former Google Wallet boss Osama Bedier, has raised $100 million in a Series C funding round joined by National Australia Bank and US Bancorp-owned Elavon.

13 November 2018

News/Cards

N26 to offer Mastercard exchange rate with no mark-up in event of no deal Brexit

In an interview with Finextra, N26’s head of international markets Alex Weber reveals that in the event of a no deal Brexit, the German challenger bank will continue to offer the same Mastercard exchange rates as it currently does, despite the potential dissolution of the cross-border payment fee cap.

12 November 2018