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SumUp raises €330m capital facility

SumUp, announces today that it has raised a from Bain Capital Credit, Goldman Sachs Private Capital, HPS Investment Partners, and TPG Sixth Street Partners.

/cloud

Enfuce and OpenWay team up for cloud-based payment processing

Enfuce, an innovator in cloud-based payment services, is accelerating its business growth after migrating its card issuing service to OpenWay’s WAY4 digital payments platform.

Curve picks up $55 million in Series B funding

/Cards

Curve picks up $55 million in Series B funding

Curve, the UK fintech that consolidates multiple cards and accounts into one smart card and app, has secured $55 million as part of a Series B funding round, valuing the company at a quarter of a billion dollars.

/Cards

Halifax introduces card freeze options for credit card customers

Halifax customers now have a greater range of options to control where and how they use their credit card.

/Cards

Contactless payments are biggest improvement to public transport experience, say UK commuters

With Transport for Greater Manchester (TfGM) today launching contactless payments on Manchester’s Metrolink tram network, new research commissioned by Visa looking into travellers experiences using public transport, reveals half (49%) of UK commuters view the introduction of contactless payments as the single most significant improvement to their overall public transport experience.

Sydney could use facial recognition for public transport payments

/payments

Sydney could use facial recognition for public transport payments

Sydney's commuters could soon ditch their contactless cards and pay for journeys with their faces, predicts the New South Wales transport minister.

Samsung Pay integrates loan and credit card applications in India

/Cards

Samsung Pay integrates loan and credit card applications in India

Samsung has struck a deal with Paisabazaar, an Indian online marketplace for financial products, to let people apply for things such as credit cards and loans through Samsung Pay.

N26 launches in the US

/Cards

N26 launches in the US

German digital bank N26 has launched in the US, beginning a phased roll out of its app-based account and debit card.

/Cards

SafeCharge applies Visa Direct at InsurTech company Seeto

SafeCharge (AIM: SCH), the partner of choice for businesses who demand more from payment technology, has announced a new collaboration with Visa Direct, Visa’s real-time push payments platform, helping to power faster payouts for insurance-as-a-service company Setoo.

/Cards

Evolve Bank taps Mastercard Send for gig working wage advances

People who support themselves and their families with incomes from gig and hourly work often have to stitch together earnings from various sources to pay bills, budget for savings and manage financial emergencies.

/Cards

PaymentsMB selets Cardstream to support European expansion

PaymentsMB, the Canadian turnkey Payment Service Provider has today announced the adoption of Cardstream’s Open Payment Network, to support the expansion of its European presence and drive into new vertical markets.

/Cards

SIA partners with HPS to bolster payment cards activities in Greece

SIA, the leading European hi-tech company in the payment services and infrastructures sector, has signed a strategic partnership with HPS, a leading payment software company, to increase its card payments processing in Greece and other European countries through an innovative digital platform.

/Cards

Mastercard launches virtual card receivables service

Companies around the world are benefiting from digitizing aspects of their business operations, but for many companies, managing incoming payments from customers can be a labor-intensive challenge.

/Cards

India's Mswipe opens app store for POS devices

Mswipe, India’s largest independent Point-of-Sale (POS) merchant acquirer today announced the launch of Money StoreTM, India’s first app store for POS devices.

/Cards

Interac and JCB team up to help travellers withdraw cash in Canada

Interac Corp. and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., have announced an agreement that will allow JCB to process ABM transactions in the Canadian market by leveraging the existing infrastructure between Interac Corp. and Discover Global Network to support both magnetic stripe and chip and pin cards.

British Airways faces £183m fine over data breach

/security

British Airways faces £183m fine over data breach

British Airways faces a record £183.39 million fine for a data breach last year that compromised the personal information - including payment card details - of hundreds of thousands of people.

/Cards

UK fintechs partner for card processing plan

Fintech finance specialist, Capital on Tap, has partnered with accounting software providers Receipt Bank to offer its customers the new Receipt Bank Card.

Nordea invests EUR5m in neobank P.F.C

/startups

Nordea invests EUR5m in neobank P.F.C

Nordic banking giant Nordea has invested EUR5 million in P.F.C (Personal Finance Co.), a recently launched Swedish neobank.

/Cards

InstaReM releases API for card issuers

InstaReM, Southeast Asia’s leading digital cross-border money transfer and payments company, has announced the launch of its API-based digital platform that will enable start-ups, fintech companies and enterprises to launch their own branded cards.

/Cards

SIA opens new payment card centre in Verona

In Verona today SIA has inaugurated a new specialized center for payment cards, capable of managing every stage of issuing, from conception to distribution, through a monitoring system compliant with the highest standards of security.

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