Cards

3323 articles tagged with this keyword

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Barclaycard invites restaurant customers to 'Dine & Dash'

Barclaycard is inviting customers of high street chain Prezzo to 'Dine & Dash' in consumer trials of a new app that enables diners to bypass the bill paying process in restaurants.

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Customers fume as BB&T and TD Bank suffer major outages

Customers of BB&T and TD Bank have had a frustrating few days, with tech gremlins leaving many unable to access their mobile and online accounts and use ATMs.

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One-quarter of Europeans ready to try out wearable payments

The overwhelming popularity of contactless cards is peaking shopper interest in new form factors, as fresh research from Mastercard suggests that one-quarter of Europeans expect to start using tap-and-go payments with a smartwatch, bracelet, keyring or other forms of wearable payments.

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Greenlight raises $16m for kids' debit card

Greenlight Financial Technology, the startup behind an app and debit card for kids and college students, has raised $16 million in a Series A funding round joined by SunTrust Bank, Ally Financial and the Amazon Alexa Fund.

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Degussa Bank connects with Giromatch for faster loan decisions

Germany's Degussa Bank is to use a white-labeled direct API-based connection to local fintech startup Giromatch to provide clients with faster loan decisions and flexible re-payment terms.

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Coinbase and Visa at loggerheads over erroneous charges on customer crypto accounts

Digital currency exchange Coinbase has blamed bank and credit card company meddling for a recent spate of erroneous charges against customer accounts, an allegation rejected by Visa.

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ECB launches staunch defence of cash

European Central Bank executive board member Yves Mersch has given a spirited defence of cash, praising its ability to facilitate privacy, equality and security, insisting there is "no viable alternative" to the humble euro banknote.

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Visa buys Fraedom to boost commercial offerings

Visa has agreed a £142 million deal to buy Fraedom, an SaaS technology firm that provides payments and transaction management tools to banks and their corporate customers.

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'In fraud we trust': US indicts 36 over $530m cybercrime operation

The US Department of Justice has indicted 36 alleged members of a cybergang accused of causing more than $530 million in losses through the acquisition and sale of, among other things, compromised debit and credit cards and banking information.

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PayPal Here mPOS hardware gets makeover

PayPal is shipping two new mPOS devices, one which accepts card swipe transactions and another for chip and tap payments.

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US charges two over ATM jackpotting scheme

US authorities have charged two men with bank fraud after they allegedly used malware to jackpot ATMs and empty the machines of cash.

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Lloyds Banking Group bans customers from buying virtual currencies on credit cards

Lloyds Banking Group has banned customers from buying bitcoin on credit cards, afraid that wild gyrations in cryptocurrency prices could leave it footing the bill for unpaid debts.

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BofA Merrill Lynch rolls out B2C e-mail payments with PayPal

Bank of America Merrill Lynch has partnered with PayPal to enable business clients to make cross-border payments in local currencies with just an e-mail identifier.

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MyPOS launches in the UK

A new mPOS outfit has launched in the UK, promising to give retailers instant access to their funds by eschewing the bank system in favour of its own e-money account.

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Link maps out interchange reduction plans

UK ATM network operator Link is to introduce a phased reduction in interchange fees paid by banks in a move that could see tens of thousands of cash machines disappear from the high street.

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AmEx buys virtual travel assistant Mezi

American Express has acquired Mezi, an AI-powered travel assistant app that helps users plan and book trips. Terms of the deal were not disclosed.

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Visa Checkout tops one million accounts in UK

Visa Checkout, which enables consumers to pay with just a few clicks at online merchant sites, has surpassed one million enrolled accounts in the UK just seven months after launch.

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ATM jackpotting hits the US

The US Secret Service is warning that ATM jackpotting has finally hit American shores, with crooks using a known malware strain to cash out older Diebold units.

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ING acquires a majority stake in Payvision

ING has spent EUR270 million to acquire a 75% stake in international card acquirer and payments platform Payvision.

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Link goes out to tender for infrastructure rebuild

The UK's Link ATM network is inviting Expressions of Interest for a 5-10 year contract to provide ATM switching and settlement services, the first time the contract has gone to competitive tender.