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3323 articles tagged with this keyword

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Citi lets credit card customers pay Spotify subscriptions with points

Citi has teamed up with Spotify to enable customers in Asia to use credit card points to pay their music streaming subscriptions.

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Abolition of 1p and 2p coins would mean small change for UK shoppers

Bank of England economists believe that removal of 1p and 2p coins from circulation would have a limited impact on pricing at the checkout, re-igniting a debate over the future of small value copper change.

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Revolut launches metal card with cryptocurrency cashback

Digital banking startup Revolut is targeting the millennial jet set through the launch of a new metal card that comes with a host of benefits, including cashback in Bitcoin and other cryptocurrencies.

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Chinese firms partner for blockchain payment systems play

Two of China’s largest financial services firms have agreed to work towards the development of a blockchain-based mobile payment system in what has been a busy week for China's burgeoning fintech sector and also a signal of the extent of China's blockchain ambitions.

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Paying by card? You're less likely to remember the amount spent

The old axiom that people tend to up their spending when paying by card rather than with cash may lie in the recall accuracy of individual consumers, according to research published by the University of Cologne and the Alpen-Adria-Universität Klagenfurt.

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Alternative payments trump traditional rivals in Apac ecommerce market

Alternative payment methods such as mobile wallets now account for just over half of ecommerce transaction value in Asia Pacific, according to research from GlobalData.

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India's Cosmos Bank falls victim to global ATM cash-out fraud

Indian co-operative Cosmos Bank has fallen victim to a sophisticated malware and ATM cash-out attack that saw 94.24 crore ($13.4 million) stolen in 14,000 transactions across 29 countries.

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FBI warns banks of ATM cash-out threat

The FBI has sent out an alert to banks, warning that cybercrooks are planning an 'unlimited' global ATM cash-out operation.

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Finextra goes mobile first

Welcome to the new-look Finextra, optimised for mobile and rebuilt to drive deeper engagement with our growing global community.

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Visa invests in B2B financing outfit Behalf

Visa has invested in Israel-based point-of-sale financing provider Behalf, tapping in to a growing trend to provide working capital for small merchants and on-demand purchase financing through the checkout.

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US retailer Kroger considers extended Visa credit card ban

Having banned Visa credit cards at its Foods Co. stores over interchange fees, US retail giant Kroger has warned that it could extend the policy to more locations.

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Fin7 cybergang suspects arrested

US authorities have charged three Ukrainians accused of being members of Fin7, a notorious cybergang believed to have hacked into the systems of over 100 American companies, stealing millions of card details from thousands of POS terminals.

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Russian hacker to serve six-year prison sentence over $4 million debit card scam

A Russian hacker who caused the collapse of one US company and racked up $4 million in fraudulent spending on fake debit cards has received a six-year jail sentence.

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Bancomat partners SIA to bring m-payments to millions of Italians

Italian debit network Bancomat has teamed up with SIA to bring mobile money services to its millions of cardholders.

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Bank Leumi sells cards business to Warburg Pincus

Bowing to regulatory demands, Bank Leumi has reached an agreement to sell off its Leumi Card business to Warburg Pincus for $562 million.

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Revolut slashes fraud with disposable virtual cards

Digital banking startup Revolut is hailing its recent introduction of disposable virtual cards for online purchases, claiming a 30% reduction in card fraud cases.

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CYBG syncs B cards with Paypal

Customers of B, the mobile banking app from Clydesdale and Yorkshire Bank (CYBG), will soon be able to link their debit and credit cards to their PayPal account.

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Automated debt management app Tally raises $25m

Tally, an automated credit card debt management app, has raised $25 million in a Series B funding round led by Silicon Valley VC Kleiner Perkins.

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Bank hacked twice in a year, sues insurer

The National Bank of Blacksburg is suing an insurance firm over payouts related to two phishing attacks in the space of a few months which saw crooks steal more than $2.4 million.

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UK payments regulator to probe card acquiring market

The UK's Payments Systems Regulator is to conduct a market review into the card acquiring market in the wake of retail industry complaints about spiraling fees and ineffective competition.