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/security

Eight in ten US merchants have experienced payments fraud

American Express today released its 2019 Digital Payments Survey, in which over two thirds of U.S. merchants (69%) reported that significant amount of company time and expense is dedicated to dealing with payment fraud.

/Cards

Cardpay expands global footprint

Cardpay – global fintech provider and fast-growing payment processor serving the needs of eCommerce businesses selling internationally announces its further expansion into 5 new major markets including United States, Mexico, Brazil, China and Singapore.

/Cards

Mastercard creates global alliance to upgrade transit systems

Mastercard created an alliance to mobilize financing to help upgrade transit systems around the world.

/Cards

New York's MTA to extend contactless payments to more stations, buses

The Metropolitan Transportation Authority (MTA) announced that OMNY, the new contactless fare payment system, surpassed three million taps last week on November 5.

Cornèrcard launches biometric credit card

/security

Cornèrcard launches biometric credit card

Switzerland's Cornèrcard has teamed up with Gemalto and Visa to launch the country's first credit card featuring a biometric fingerprint reader.

/Cards

Brex introduces first co-branded corporate card with Bank of the West

Bank of the West, a subsidiary of BNP Paribas, and Brex, the corporate card that accelerates entrepreneurs and scaling businesses, today announced a co-branded corporate card with no security deposit and no requirement for U.S. credit history.

/Cards

Revolut and Mastercard partner Save the Children to repair schools hit by Cyclone Idai

To show support for Universal Children’s Day, Revolut and Mastercard have today joined forces with Save The Children to launch a fundraising campaign to rebuild and resource four schools in Mozambique destroyed by Cyclone Idai.

Canadian brokerage Questrade eyes banking license

/retail

Canadian brokerage Questrade eyes banking license

Toronto-based online brokerage Questrade is applying for a federal banking licence, paving the way for it to open an online bank.

Australia's Tyro Payments looks to raise A$250m in IPO

/payments

Australia's Tyro Payments looks to raise A$250m in IPO

Sydney-based Tyro Payments is seeking to raise around A$250 million by floating on the Australian Securities Exchange (ASX).

/Cards

EMVCo expands engagement model

EMVCo has reaffirmed its commitment to industry engagement with the launch of an enhanced EMVCo Associates Programme (EAP), increasing the number of organisations that are eligible to provide strategic input and further encouraging merchant involvement.

/Cards

Financial literacy fintech PCKT Money chooses Nets for card processing

European payments leader, Nets, today announces it is delivering issuer card processing and API services to The PCKT Money Corporation.

/payments

Nedbank contracts with Fexco for dynamic currency conversion

In a move that is sure to have positive growth benefits for South Africa’s tourism industry, Nedbank and Fexco, a leading independent global provider of DCC and multi-currency (MCP) technologies, have announced an extension to their partnership that will see Fexco’s world class Dynamic Currency Conversion (DCC) solution provided to Nedbank merchants and their international customers throughout South Africa.

/Cards

Halifax adds gambling controls to card app

Halifax customers can now benefit from a service feature to protect themselves from gambling-related harm.

/Cards

Mobile credit card firm Tymit secures £4m in debt and equity funding

Tymit, the new mobile enabled credit card, has secured £4 million in funding, the London headquartered firm announced today.

Russian accused of running carding forum extradited to US

/Cards

Russian accused of running carding forum extradited to US

A Russian man accused of running a website selling stolen payment card details has been extradited from Israel to the US.

/payments

Coinbase introduces five new currencies to card programme, including XRP

Today is a big day for Coinbase Card. Not only are we celebrating the launch of the card in 10 new countries — bringing the grand total to 29 — we’re also excited to announce that customers can now spend using five additional assets, including XRP and BAT.

/Cards

Bokis and Nets enter into new five-year agreement

BOKIS, a Danish payment and card company representing 57 domestic banks, and Nets, a market leader in the payments industry, have entered into a new five-year agreement.

/Cards

Sunrate inks deal with Moorwand for card issuing services

Moorwand, a dedicated BIN sponsor that turns compliance into a competitive advantage, today announced that it is providing BIN sponsorship and card issuing services to Sunrate Partners Limited, a world-class foreign exchange and global payments provider.

Cardlay wins Eurocard deal; raises $10 million in funding

/Cards

Cardlay wins Eurocard deal; raises $10 million in funding

Copenhagen-based Cardlay has signed a breakthrough deal with Eurocard, the largest card issuer in Scandinavia, and secured $10 million in new funding from both current and new investors such as SEB Bank and Seed Capital

Georgian neo bank Space to go global with Visa partnership

/Cards

Georgian neo bank Space to go global with Visa partnership

Georgian neo bank Space, an app-only offshoot of FTSE 250 TBC Bank, is to expand its international footprint through a partnership agreement with Visa.

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