3432 articles tagged with this keyword
News/payments
Sweden's central bank says it plans to join the ECB's Target Instant Payment Settlement (TIPS) system to bring 24/7 real-time payments to the country by 2021.
12 June 2019
News/Cards
Just a year after launching its corporate credit card for startups, US fintech Brex has hit a $2.6 billion valuation off the back of a $100 million funding round led by Kleiner Perkins Digital Growth Fund.
11 June 2019
News/retail
Uber has embarked on a hiring spree in New York as part of an aggressive move into financial services that could even see the ride hailing app launch its own bank account, according to CNBC.
Citibank has struck a deal with Asian ride-hailing firm Grab to launch a co-branded credit card in the Philippines.
Australian payments innovation startup Verrency has closed a A$10 million Series A funding round ahead of a planned expansion to Singapore and US markets.
Amazon has teamed up with Synchrony Financial to launch a secured credit card targeted at Americans with no credit history or bad credit.
10 June 2019
Customers of Russia's Sberbank will soon be able to do their banking with a side-order of Big Mac and Fries following a collaboration deal agreed between the state-owned banking entity and the giant US burger chain.
News/startups
UK startup Amaiz has launched an app-based specialist banking service for freelancers, gig workers, entrepreneurs and contractors.
07 June 2019
With mobile banking and contactless payments becoming ever more popular in the UK, one in 10 Brits now live a largely cashless life, according to figures from UK Finance.
Stripe has led a $22.5 million Series A funding round for Step, a teenager-focused US mobile banking startup that has built up a half million-strong waitlist in a matter of months.
06 June 2019
The world's biggest card issuer, China UnionPay, has stepped up its European ambitions after striking a deal with a UK back-office startup, Tribe Payments, that will see it offer debit and credit cards in Europe.
03 June 2019
News/regulation
The UK's Raphaels Bank has been fined £1.89 million for outsourcing failures which left thousands of customers unable to use their payment cards on Christmas Eve 2015.
30 May 2019
Zero Financial, a US startup that offers a checking account and rewards credit card that operates like a debit card, has closed a $20 million Series A financing round, led by New Enterprise Associates (NEA).
24 May 2019
New York commuters will soon be able to skip the long lines to buy or reload their MetroCards with the roll out of a new 'tap and pay' option on subways and bus routes at the end of the month.
23 May 2019
Canadian debit network Interac has teamed up with Mastercard to enable users of its e-Transfer P2P payments service send money to bank accounts around the world.
Marqeta has raised $260 million in a Series E funding round led by Coatue Management, valuing the open API card issuing and processing platform at nearly $2 billion.
22 May 2019
Germany, one of Europe's last bastions of cash, has seen card payments eclipse traditional cash-based payments for the first time according to a new study.
10 May 2019
ING has joined in a $14 million funding round in buy now, pay later app Twisto.
09 May 2019
Visa has completed the acquisition of UK-based Earthport, providing an entree for the card scheme into the $80 trillion account-to-account payments market.
08 May 2019
Mastercard is teaming up with prepaid specialist Edenred and the Mexican state of Sonora to trial the use of cards with embedded fingerprint sensors for benefit programme disbursement.
07 May 2019
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