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/payments

Paynetics and UnionPay team up for EEA card issuance

Fintech and trusted payment service provider Paynetics AD has today announced a partnership with UnionPay International, a subsidiary of China UnionPay, the international card scheme with the world’s largest cardholder base.

/crypto

Mastercard recruits partners for tokenisation push

Mastercard, in partnership with MatchMove, a Singapore based 'Banking-as-a-Service’ provider and Tappy Technologies, a world leading wearable payment integrator, have introduced tokenization into a small, flexible chip which can be attached to a range of battery-less wearables and accessories such as watchstraps or keyrings, turning them into secure contactless payments devices.

Pocket money app gohenry raises $40m for US push

/retail

Pocket money app gohenry raises $40m for US push

UK-based kids' money management app gohenry has raised $40 million in a funding round led by Edison Partners and joined by Citi Ventures.

/payments

VanillaGift launches Visa gift cards on mobile wallets

InComm Payments, a global leading payments technology company, today announced it has launched an enhanced customer experience for VanillaGift.com by offering custom gift card options and integrating Vanilla Visa® Gift Cards on select mobile wallets, marking it as the first open-loop Visa gift card to do so.

/security

Fime launches India's first EMV Level 1 certification services

Fime has launched India’s first EMV®* Level 1 contactless testing laboratory and certification services in support of the national Make in India initiative.

/retail

Lunar inks deal with esports giant Astralis

Challenger bank Lunar and esports team Astralis break the barriers of what to get from your bank. As of today Lunar users can get an Astralis branded debit card, get closer to the players and the team, get insider tips from the stars and access to exclusive content and news. Ahead of the official launch more than 6,000 are on the waitlist.

/payments

Stocard selects Moorwand issuing services for European expansion

Moorwand, which aims to transform compliance into an enabler of innovation, today announced that it has been selected by German fintech Stocard for issuing and BIN sponsorship services in the UK, France, Germany, Netherlands and Italy.

/crypto

Simplex adds to crypto product suite

Simplex, the global market leader of the fiat-crypto infrastructure, announced the launch of a long anticipated addition to its product suite: Simplex Banking, a revolutionary method that enables crypto exchanges and wallets to offer anyone, anywhere to buy and sell crypto assets.

/payments

TransferGo and Mastercard team on cross-border payments

TransferGo and Mastercard today have announced a partnership that enables customers across 20 European countries to make international money transfers from any payment card or bank account directly to a Mastercard debit or credit card.

/sustainable

Sokin and Idemia partner for recycled plastic payment cards

Sokin is set to be one of the first new-generation financial institutions to issue recycled plastic payment cards in over 200 countries.

/payments

Bank of Queensland picks Fiserv for card issuing

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, has been selected by the Bank of Queensland (BOQ) Group to deliver a card issuing and management solution that can support multiple brands and products for BOQ and Virgin Money Australia (Virgin Money).

Updraft raises £16m to help Brits break up with their credit cards

/startups

Updraft raises £16m to help Brits break up with their credit cards

Updraft, a London-based startup promising to help users ditch their credit cards, has raised £16 million in equity and debt.

/people

Mastercard appoints Craig Vosburg as chief product officer; promotesLinda Kirkpatrick to persident

Mastercard today appointed Craig Vosburg as chief product officer and named Linda Kirkpatrick to succeed him as president, North America, with both positions effective January 1, 2021.

Celebrities join $50m funding round for teen banking app Step

/startups

Celebrities join $50m funding round for teen banking app Step

Step, a teenager-focused US mobile banking startup, has raised $50 million in a Series B funding round led by Coatue and joined by Stripe and a host of celebrities.

ECB offers robust support of cash as digital payments creep up

/payments

ECB offers robust support of cash as digital payments creep up

Euro area consumers are gradually shifting towards cards for in-person retail payments, although cash remained the most used instrument at the end of 2019, according to data published by the European Central Bank.

BlockFi opens waiting list for bitcoin rewards credit card

/crypto

BlockFi opens waiting list for bitcoin rewards credit card

Cryptocurrency startup BlockFi is to release a credit card that rewards users for shopping by paying a bitcoin cashback bonus.

/security

AusPayNet says industry efforts are driving down payment card fraud

Figures released today by the industry self-regulatory body Australian Payments Network (AusPayNet) show fraud on payment card transactions declined 15.4% in the 12 months to 30 June 2020 (FY20).

/payments

Rapyd lands in Thailand

Rapyd, a global Fintech as a Service company, announced the launch of its ‘all-in-one’ suite of payment capabilities in its seventh global market - Thailand.

/payments

ReceiptHero signs co-operation agreement with Eurocard

ReceiptHero is pleased to announce that it has signed a cooperation agreement with Eurocard, the largest corporate card issuer in the Nordics.

/people

Chargebacks911 appoints new director of business development, Apac

A global leader in dispute management and mitigation, Chargebacks911, today announced the appointment of Jia Min Tan to the role of Director of Business Development, APAC, as part of its ongoing expansion in the region.

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