Latest Cards News: Finextra Research

Monzo lets customers tap to activate debit cards

UK digital challenger bank Monzo has found another little way to make life simpler for customers, letting them activate their new debit cards by tapping the plastic against their NFC-enabled Android phones.

15 November 2017

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Digital receipt startup Flux scores game-changing deal with Barclays

Barclays has become the first of the high street incumbents to engage with Flux, a digital receipt startup that is gaining traction with the new wave of UK challenger banks.

13 November 2017

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Visa bids to bring contactless transit payments to the world

Visa is looking to accelerate the adoption of contactless payments on the world's subway, rail and bus networks through the launch of a dedicated transit programme.

13 November 2017

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SIX establishes EUR43 million venture fund as part of strategic overhaul

Swiss financial infrastructure provider SIX is to overhaul its business and create a new EUR43 million venture fund as it faces up to new competitors, technology and increased downward pressure on margins.

10 November 2017

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Visa payment gloves keep the cold at bay at Winter Olympics

Sports fans attending the Olympic Winter Games in PyeongChang will be able to keep their hands warm and fend off frostbite while paying for goods and services thanks to a special pair of wooly mittens bearing the Visa brand and an embedded NFC chip.

08 November 2017

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Visa rolls out real-time payments platform in Europe

Visa is to bring its real-time payments platform to market in Europe after experiencing strong growth in other key markets globally.

02 November 2017

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Interac debit comes to Samsung Pay in Canada

Canadian debit network Interac has introduced support for Samsung Pay, enabling customers of participating banks to add their cards to the mobile wallet and make NFC payments.

01 November 2017

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Westpac to work with iconic design gurus for wearable payments play

Westpac is to work with top lifestyle designers to create a range of wearable tap and go payment attachments that can be fitted to consumer accessories.

30 October 2017

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New York subway to go contactless

New York is finally ditching the old-fashioned MetroCard and following in London's footsteps by allowing subway users to pay for their journeys with contactless bank cards and mobile wallets such as Apple Pay.

27 October 2017

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Businesses flock to app-based Revolut

European app-based banking outfit Revolut is claiming strong uptake of its business account offering, signing up 16,000 firms since June.

26 October 2017

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Forget fintechs, banks need to worry about Alibaba and Amazon

Banks may have seen off the challenge from fintech startups but they now face the far bigger threat of platform giants such as Amazon and Alibaba eating into their margins, warns a new report from consultancy McKinsey.

26 October 2017

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Uber launches credit card

Ride-hailing app Uber is pushing further into the financial services sphere, teaming up with Barclaycard US to launch a rewards-heavy Visa credit card.

25 October 2017

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Mastercard embeds payments in London smart city app

Mastercard's MasterPass is to be embedded in a London travel app developed by the Mayor's promotional office London & Partners, enabling tourist to make in-app payments for tickets to major attractions.

25 October 2017

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Capital One: What we learned about what our chatbot learned

Ken Dodelin, vice president and head of conversational AI products at Capital One reflects on the learnings from a six-month pilot trial of the company's new conversational chatbot Eno, as the interface is rolled out commercially to all customers.

25 October 2017

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Mastercard showcases augmented reality shopping

Mastercard and Qualcomm are showcasing an augmented reality shopping experience using smart shopping glasses and iris authentication to make payments.

24 October 2017

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Wirex and SBI Holdings team on Japan cryptocurrency payments card

UK-based Wirex has formed a joint venture with fintech investing powerhouse SBI Holdings to launch a cryptocurrency payments card in Japan.

23 October 2017

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Mastercard to roll out blockchain API

Mastercard is to open up access to its inhouse blockchain technology platform via an API which will be made available to developers at banks and retailers.

20 October 2017

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The Clearing House to issue Mastercard-branded tokens

As it rebuilds its core payment infrastructure to accommodate real-time payments, The Clearing House has entered an arrangement with Mastercard to enable banks to supply and manage tokens for securing mobile payments, remote purchases and Internet-of-things (IoT) transactions.

20 October 2017

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Poppy Appeal goes contactless

In an effort to counter the decline in hard cash in consumer wallets, the Royal British Legion is to roll out 200 mobile terminals for people to make a donation to this year's Poppy Appeal with their contactless card.

20 October 2017

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First Data blunder reveals BluePay acquisition talks

First Data has come clean about ongoing talks to buy North American payments processor Blue Pay after a draft news release announcing an agreed acquisition and conference call was inadvertently posted on the vendor's Website.

19 October 2017