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Mastercard invests in Pine Labs

/Cards

Mastercard invests in Pine Labs

Mastercard has invested in Indian merchant commerce platform Pine Labs, as part of a collaborative effort to capitalise on growing demand for buy-now, pay-later installment financing in Asia.

/Cards

Europeans spend €4 trillion per year on payment cards

Expenditure on European payment cards has grown by a third since 2014 to reach €3.9 trillion, as cards are used increasingly for everyday purchases.

/payments

PayPal and UnionPay form global partnership

UnionPay International (UPI) and PayPal (NASDAQ: PYPL), today announced a global partnership where both companies will work together to accelerate the growth of their networks.

/Cards

SoFi supercharges cards with Mastercard

SoFi, the digital personal finance company, and Mastercard today announced a multifaceted partnership to offer a suite of products and in-person experiences to its nearly one million (and growing) SoFi members.

Mastercard opens Vancouver intelligence and cyber centre

/payments

Mastercard opens Vancouver intelligence and cyber centre

Mastercard has opened an intelligence and cyber centre in Vancouver, housing 380 new employees working on areas such as security, AI and the Internet of Things.

India requires cardholders to opt in to contactless payments

/Cards

India requires cardholders to opt in to contactless payments

All new cards sent out by issuers in India will not be contactless enabled or capable of online or international payments until the customer turns on these features, under new central bank rules.

Cash is here to stay - cards are the true dinosaurs

/payments

Cash is here to stay - cards are the true dinosaurs

Far from sounding the death knell for cash, the rise of digital payments will instead lead to the extinction of the plastic card, according to Deutsche Bank research on the future of payments.

/Cards

RS2 buys Kalicom Liebers Zahlungssysteme

RS2 Group, a global payments processing and technology provider, announced the closing of its acquisition of Kalicom Liebers Zahlungssysteme KG, one of the most successful commercial network operators for electronic, card-based payment systems in Germany.

/payments

FreedomPay integrates with self-ordering kiosk firm Grubbrr

Grubbrr, a leading technology company delivering ordering and fulfillment solutions through its self-ordering kiosk, is now integrated with payment innovator FreedomPay, the world’s leading TransAtlantic consumer-centric commerce platform.

Visa takes 'access to cash' programme industry-wide

/Cards

Visa takes 'access to cash' programme industry-wide

Visa is taking its 'access to cash' programme industry-wide, working with partner banks to offer high street retailers in remote and rural locations a fee for processing cashback transactions over the counter.

/Cards

Ingenico targets North American transit authorities with Open Payment platform

Ingenico Enterprise Retail, part of Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payments, today announces it will launch OP2GO, its Open Payment solution, in North America in 2020.

Mastercard taps Marqeta for fast fintech card issuing in Europe

/devops

Mastercard taps Marqeta for fast fintech card issuing in Europe

Mastercard is working with US card issuing platform Marqeta to provide a programme for European fintechs to rapidly deploy new applications, with Prague-based payments app Twisto the first beneficiary.

WorldPay and Visa back African payments firm Flutterwave

/payments

WorldPay and Visa back African payments firm Flutterwave

Flutterwave, a payments startup operating in Africa, is looking to expand across the continent after closing a $35 million funding round and securing partnerships with Visa and WorldPay.

/Cards

Icici Bank introduces cardless cash withdrawals at ATMs

ICICI Bank today announced the launch of a ‘Cardless Cash Withdrawal’ facility from its ATMs.

/Cards

Sberbank loyalty programme lets customers send reward points to each other

Spasibo by Sberbank has announced a new unique feature: now its users are able to transfer rewards points to each other. Now SPASIBO points can be gifted.

/payments

Expend opens business marketplace

Expend, the award-winning UK based expense and spend management fintech have launched a new business services marketplace to support its mission to help businesses across the UK go beyond expenses in 2020.

/Cards

JCB expands its merchant network with Nets Group in Finland

JCB International, Co., Ltd., the international operations subsidiary of JCB Co., Ltd., and Nordic-based payment service provider Nets Group, today announce the wider enablement of JCB payment acceptance by Nets merchants in Finland.

/sustainable

Canadian fintech Mogo introduces carbon offset card

Mogo Inc. (TSX: MOGO) (NASDAQ: MOGO) ("Mogo" or the "Company"), one of Canada's leading financial technology companies, today announced the launch of its new digital spending account ("MogoSpend") with Mogo Visa* Platinum Prepaid Card.

Days after Plaid acquisition, Visa splashes the cash again

/startups

Days after Plaid acquisition, Visa splashes the cash again

Days after splashing out $5.3 billion to acquire data sharing startup Plaid, Visa has opened its wallet again to invest an undisclosed sum in data security outfit Very Good Security.

/Cards

CardGenY names former Visa innovation lead Gadja as chairman

CardGenY, a digital transformation toolkit for issuers, merchant acquirers and processors, today announced that its Board of Directors has appointed Bill Gajda as Chairman.

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