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FIS joins the MULTOS Consortium Council

The MULTOS Consortium, a group of international blue-chip organisations responsible for the promotion and development of the high-security smartcard platform, announced today that FIS, the world’s largest global provider dedicated to financial technology solutions has joined the MULTOS Consortium Council.

/startups

Brex opens Vancouver office

Brex, the financial technology company that helps ambitious companies scale, today announced expansion into Vancouver, Canada with its first ever international office.

Fiserv buys MerchantPro Express

/payments

Fiserv buys MerchantPro Express

Fiserv has acquired MerchantPro Express as part of the fintech giant's strategy to build up its merchant services business. Financial terms of the deal were not disclosed.

/payments

I2C expands presence in Middle East and Africa

i2c Inc., a leading provider of payment and open banking technology, today announced it is expanding its presence in the Middle East and Africa (MEA) due to high demand in the region for its solutions.

WHO urges switch to contactless to slow virus transmission

/Cards

WHO urges switch to contactless to slow virus transmission

The World Health Organisation is advising consumers to avoid handling bank notes and instead switch to contactless payments to deter the spread of the deadly coronavirus.

/ai

Visa teams up with Clinc

Clinc today announced a partnership with Visa to bring Clinc’s conversational AI banking experience to financial institutions and banking customers around the globe.

/Cards

Visa grows instalment payment ecosystem with Splitit

Splitit Payments Ltd (ASX:SPT), a global installment payment technology company, today announced it is partnering with Visa to help accelerate the distribution of installment payments for merchants.

/sustainable

BBVA to issue cards made from recycled plastic

BBVA is the first financial institution in Spain to distribute cards made of recycled plastic.

/payments

Jim McCarthy joins i2c as president

i2c Inc., a leading provider of payment and open banking technology, today announced the appointment of Jim McCarthy as President of the company. Reporting to i2c CEO and founder Amir Wain, McCarthy is responsible for i2c teams working with clients, partners and prospects. He is based at i2c headquarters in Silicon Valley.

/Cards

PPRO brings UnionPay acceptance to EU merchants

Leading local payments platform PPRO is pleased to announce it has become a direct acquirer for UnionPay International, the world’s largest card scheme in terms of card issuance.

/security

Idex Biometrics appoints new CEO

IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, has appointed Vince Graziani as new CEO effective 27 February 2020.

/Cards

Mastercard and myPOS enter partnership to promote card payments to small businesses across Europe

Today, Mastercard and myPOS, a pan-European fintech, signed a strategic partnership agreement to promote card payment solutions to SMEs across Europe.

/crypto

Crypto banking app tap secures DLT licence

tap, the world’s first truly unified crypto banking app is now fully live, having acquired its DLT licence.

/Cards

Happy Money forms partnership with Teachers Federal Credit Union

Happy Money, a fintech company building financial tools and services for human happiness, today announced the launch of its partnership with Teachers Federal Credit Union (TFCU), Hauppauge, NY.

Mastercard CEO Banga to step down

/payments

Mastercard CEO Banga to step down

Mastercard chief product officer Michael Miebach will become CEO early next year, taking over from Ajay Banga, who is moving on to the role of executive chairman.

/Cards

Visa hosts transit innovation showcase

Visa (NYSE: V) held its second regional Transforming Transit program yesterday, an innovation showcase at the intersection of urban mobility and payments to ideate and co-create the next generation fare and ticketing solutions.

/payments

Currensea and Currencycloud forge partnership

Currensea, the UK’s first travel money card linked directly to your bank account, and Currencycloud, the leader in providing embedded B2B cross-border payments for platforms of the future, have partnered to bring ease and value to using your own bank card when spending abroad.

Santander buys Elavon México for global merchant acquiring push

/payments

Santander buys Elavon México for global merchant acquiring push

Spanish banking giant Santander has struck a deal to buy merchant payments platform Elavon México for EUR79 million.

Mastercard to recruit 1500 tech staff for new Dublin campus

/Cards

Mastercard to recruit 1500 tech staff for new Dublin campus

Mastercard is to create over 1500 jobs in Dublin over the next three-to-five years, with the opening of a new tech campus in Leopardstown.

Credit-building startup Self raises $20m

/inclusion

Credit-building startup Self raises $20m

Self, a fintech startup promising to help Americans build their credit while also saving money, has raised $20 million in a Series C funding round led by Altos Ventures and Conductive Ventures.

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