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Mastercard takes aim at $125 trillion B2B payments market

Advances in technology and actionable real-time data are driving businesses to operate faster and smarter. Yet, business payments are often rooted in legacy practices established decades ago. Until now.

Mastercard issuers in the UK to pay retailers for cashback transactions

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Mastercard issuers in the UK to pay retailers for cashback transactions

Mastercard is rolling out a service which will offer UK retailers a fee for processing cashback transactions over the counter, as part of an effort to stem the tide of criticism from politicians and consumer groups over the disappearance of ATMs and bank branches from the high street

Square sues San Francisco for tax refund; says was misclassified as FS business

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Square sues San Francisco for tax refund; says was misclassified as FS business

Square is suing San Francisco for a $1.27 million tax refund, arguing that the city incorrectly classified the payments company's business as "financial services" rather than "information".

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Wirecard to issue digital payout cards and virtual wallets for Credibly small business customers

Wirecard, the global innovation leader for digital financial technology, and Credibly, a US-based business funding fintech, have launched a new collaboration to digitalize Credibly’s funding disbursements.

Stripe launches credit card

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Stripe launches credit card

Payments giant Stripe continues to build out its product suite with the launch of a corporate credit card for business customers.

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EMVCo welcomes new members

EMVCo has announced the continued expansion of its Associate Programme, with new organisations joining to engage in the strategic and technical direction of the global body.

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MoneyGram partners Visa for debit card deposit service

MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, today announced the launch of a new debit card deposit service in partnership with Visa via Visa Direct, Visa's real-time1 push payments platform, which enables payments to over a billion cards worldwide.

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Viva Wallet strikes deal with Belgium's Bancontact

Viva Wallet, known as the first European cloud-based digital payments provider based on Microsoft Azure, now offers acquiring services for Bancontact Payconiq Company, the Belgium-based innovator and company behind the well-known Bancontact payment scheme.

Sainsbury's abandons cash and card-free store pilot

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Sainsbury's abandons cash and card-free store pilot

UK supermarket chain Sainsbury's has added a manned till and two self-checkout kiosks to its first mobile scan-and-go outlet after a three-month pilot trial failed to win over the general public.

Big Issue vendors join contactless revolution

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Big Issue vendors join contactless revolution

Sellers of the Big Issue, a magazine sold by the homeless onhigh streets across the UK, are now able to accept contactless payments cards following successful trials with Sw3edish mPOS vendor iZettle.

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Worldline ready for 3D Secure and SCA rules under PSD2

Worldline [Euronext: WLN], the European market leader in payment and transaction services, announces the readiness of its Acquiring and E-Commerce platforms with respect to the mandatory processing of transactions according to the new 3D Secure 2.0 standard.

ANZ, NAB and Westpac-backed Reinventure invest in digital receipt startup Slyp

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ANZ, NAB and Westpac-backed Reinventure invest in digital receipt startup Slyp

Three of Australia's biggest banks have contributed to a $4 million investment round in smart receipt start-up, Slyp.

Visa, Samsung and First Data team on dongle-less mPOS payments

/payments

Visa, Samsung and First Data team on dongle-less mPOS payments

Samsung, Visa and Fiserv unit First Data have teamed up to make the mPOS dongle a thing of the past, replacing it with a software-based system that lets merchants accept contactless payments of any amount on their handsets without the need for any additional hardware.

Happy Money raises $70m to help Americans escape credit card debt

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Happy Money raises $70m to help Americans escape credit card debt

Happy Money, a California-based firm working to help borrowers become savers, has raised $70 million in a Series D funding round led by Cuna Mutual Group's CMFG Ventures.

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Signzy and Primechain collaborate on AI banking services

India’s leading RegTech startup Signzy today said it has partnered with globally leading Blockchain startup, Primechain Technologies, to co-develop AI-led smart banking solutions for banks and financial institutions

ING partners Dutch supermarket to trial cashierless store

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ING partners Dutch supermarket to trial cashierless store

ING has teamed up with Dutch supermarket chain Albert Heijn and US tech startup AiFi to pilot a cashierless store where customers tap their bank card as they enter, pick up their groceries, and walk out.

/security

Fime launches EMV L1 services in India

To support India’s EMV migration, Fime is launching the country’s first Level 1 contactless testing laboratory and certification services.

/Cards

SIBS launches biodegradable bank cards

SIBS, a leader in payments processing and financial technological services in Europe and the Iberian leader in Card Production and Personalization, through its unit for commercial cards production, has just launched the new Biodegradable PVC cards, representing a more sustainable alternative to traditional PVC, reducing environment’s impact.

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Mastercard joins Marco Polo network

The Marco Polo Network, a trade and working capital finance network, is welcoming Mastercard as its latest member.

/payments

Curve raises £4m in minutes on Crowdcube

Curve, the over-the-top banking platform which consolidates multiple cards and accounts into one smart card and one even smarter app, has smashed records by raising £4million just minutes after launching its first ever crowdfunding campaign, making it the fastest startup to reach the figure in history.

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