Cards

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PayPal sues CFPB over prepaid rule

/regulation

PayPal sues CFPB over prepaid rule

PayPal has filed a lawsuit against the Consumer Financial Protection Bureau (CFPB) arguing that digital wallets should be exempt from the regulator's recently introduced rule on prepaid cards.

/Cards

Curve hires Paul Harrald to lead new credit business

Curve, the Over-The-Top banking platform that consolidates multiple cards and accounts into one smart card and app, has appointed Paul Harrald, a founding member of SAV Credit, now New Day, to lead the company’s new Curve Credit Business.

Visa and MFS Africa team on digital payments

/Cards

Visa and MFS Africa team on digital payments

Visa is joining forces with MFS Africa to simplify remittances and expand global e-commerce across Africa.

/Cards

Brex raises $200m in debt capital

Brex, the financial technology company that helps ambitious companies scale, today announced a $200 million debt capital raise to help continue the rapid expansion of Brex’s ecommerce product.

/Cards

Visa and New York's MTA brings Tap to PAy to Penn Station

Since the New York MTA launched One Metro New York (OMNY) – its new contactless fare payment system – at select New York City subway stations and buses earlier this year, New Yorkers have tapped more than four million times on the system.

/payments

Visa partners TransferWise on cross-border payments

In today’s connected world, moving money for consumers and businesses should be as simple and routine as sending a text message.

/Cards

N26 unveils US debit card benefits programme

N26 Inc., the US subsidiary of N26 GmbH, parent company of one of Europe’s fastest growing mobile banks, today announced an expansion of its Perks program, which offers customers exclusive cashback rewards and discounts when using their N26 debit card.

/Cards

Discover cardmembers can now access their accounts through Alexa

Discover announced today that cardmembers can access their credit card accounts with the power of their voices through Amazon Alexa.

Mastercard invests in Doconomy to offer cardholders CO2 emissions tracker

/sustainable

Mastercard invests in Doconomy to offer cardholders CO2 emissions tracker

Announcing at the COP25 climate summit in Madrid, Mastercard has extended its collaboration with Swedish fintech Doconomy to offer cardholders carbon footprint tracking based on purchases made through the Bank of Åland’s cloud-based Åland Index.

/Cards

Caution Your Blast and SumUp cut the costs of handling contactless donations

More than 400 charities have signed up to a new service that slashes the cost of setting up contactless donations from £500 to less than £100, enabling cashless donors to contribute in time for Christmas.

/Cards

Santander UK renews Elavon contract

Elavon, a leading global payments provider and subsidiary of U.S. Bancorp, and Santander UK have renewed an exclusive partnership to provide payments acquiring and eCommerce solutions to Santander’s customers for another five years.

/payments

Ikea Malaysia installs buy-now, pay-later checkouts with Wirecard

Wirecard, the global innovation leader for digital financial technology, has launched its unique in-store installment payment plan in Malaysia where IKEA has already integrated the solution into its checkout terminals.

/Cards

Super Processor signs for TAS USA card payments platform

TAS USA Inc., part of TAS Group, a global provider of digital payments software, today announced that it has signed a deal with Super Processor Inc., a full-service payment processor based in Hawaii, to provide its end-to-end card payments platform, CARD 3.0 I.E., and deliver innovative issuing and acquiring functionalities to cover the entire payments value chain.

BMO joins $6m FlexPay funding round

/Cards

BMO joins $6m FlexPay funding round

FlexPay, a Montreal-based startup using AI to help merchants recover lost revenues from declined transactions, has raised $6 million in a funding round led by Impression Ventures and joined by BMO Capital Partners.

/payments

Card Saver partners Bleep

Card Saver is delighted to announce a brand-new partnership with Bleep, a leading designer and manufacturer of electronic point of sale solutions for the retail, hospitality and event industries.

/payments

Canadians rapidly adopting new payments channels

New technology and payments innovation are transforming the way Canadian consumers and businesses make payments, according to data from Payments Canada’s annual Canadian Payments Methods and Trends report.

/Cards

Wirecard to provide payments services for ride-haling firm CarGo

Wirecard, the global innovation leader for digital financial technology is cooperating with CarGo Technologies for seamless payment solutions.

/Cards

Grab issues Asia's first numberless card

Grab, Southeast Asia’s leading everyday super app today announced the launch of GrabPay Card, Asia’s first numberless card that offers users unparalleled card security, access to an expanded rewards ecosystem and hassle-free Grab payments integration in order to bring cashless convenience to millions in Southeast Asia.

/crypto

BitFlyer launches ‘Instant Buy’ for cryptocurrency purchases via credit cards

Today, leading cryptocurrency exchange bitFlyer has announced the launch of Instant Buy on its Buy/Sell exchange platform in Europe.

/crime

Blue Dog Security introduces PCI DSS compliance monitoring service

A new service allows retailers and other businesses which accept payments online to check they are complying with industry security standards at any time.

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