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Sberbank reports data leak

Sberbank is announcing a possible personal data leak.

/Cards

Brex works with Radius Bank to offer business bank account

Brex, the financial technology company that helps ambitious companies scale, today unveiled a first-of-its-kind business cash management account designed to help companies simplify their financial operations, earn yield on their cash, pay for expenses and grow their business.

Former Samsung Pay Europe head joins Curve as COO

/Cards

Former Samsung Pay Europe head joins Curve as COO

UK consumer fintech Curve has hired the former head of Samsung Pay Europe, Nathalie Oestmann, as chief operating officer.

/payments

Equals Group goes live with first SME loan product

Equals Group PLC, the fast-growing e-banking and international payments group, is pleased to announce that its first loan product for SMEs, in partnership with iwoca, is now live.

MasterCard introduces Threat Scan to help banks assess fraud exposure

/security

MasterCard introduces Threat Scan to help banks assess fraud exposure

Mastercard has launched a a service, called Threat Scan, to help banks proactively identify potential vulnerabilities in their authorisation systems.

'Fintech-as-a-service' platform Rapyd raises $100m

/startups

'Fintech-as-a-service' platform Rapyd raises $100m

Rapyd, a fintech-as-a-service' platform that enables businesses and consumers to pay or be paid however they choose for local and cross-border e-commerce transactions, has closed a $100 million funding round led by Oak HC/FT and joined by Stripe.

/payments

Worldline completes acquisition of equensWorldline minority stake

Worldline [Euronext: WLN], European leader in the payments and transactional services industry, today announces the completion of the acquisition of the 36.4% minority stake in equensWorldline.

Revolut ready to go global through new deal with Visa

/Cards

Revolut ready to go global through new deal with Visa

Revolut is set to double its global footprint, pushing into 24 new markets thanks to a global deal with Visa.

/Cards

Sezzle alights on Visa's CyberSource platform for buy now, pay later shopping

Sezzle Inc. (ASX: SZL), the highest consumer-rated interest-free installment payment solution, today announced its solution is newly available to online businesses worldwide through Visa's CyberSource payment management platform.

/payments

'House of Klarna' pop-up store arrives in Manchester

Introducing the “House of Klarna”. Hot on the heels of the news this week that 50,000 new Klarna customers a week are choosing ‘Pay later’ at retailer checkouts, and with over 12 million transactions in the past year alone, Klarna is hitting the high-street again with over 27 of the best retail brands in the UK.

Euro area card payments double in a decade

/Cards

Euro area card payments double in a decade

The number of card payments in the euro area have more than doubled in a decade as consumers increasingly dispense with the hassle of carrying notes and coins, according to the latest statistics from the European Central Bank.

/Cards

AT Kearney: First truly cashless society will be a reality by 2023

A new report by global management consultancy A.T. Kearney has found that the first truly cashless society will be reached in five years, with Sweden predicted to be the first country running solely on digital and card payments.

/Cards

Mastercard's Tap on Phone tech makes debut in Latin America

Contactless payments have exploded in popularity worldwide over the past few years. With a fully developed contactless ecosystem, Costa Rica became the first country in Latin America & Caribbean (LAC) to announce the implementation of Tap on Phone, a payment acceptance solution that allows merchants to receive payments from any contactless-enabled card or mobile wallet right on their own NFC-enabled Android device.

/payments

Cashless payments are gaining pace according to Bank of Russia statistics

According to the Bank of Russia's data, cashless transactions (such as payments for goods and services, card-to-card transfers, and transfers to a bank account or a deposit) comprised over 90% of bank card operations of Russian nationals during the first half of this year.

/security

TSB to deliver Confirmation of Payee with VocaLink support

TSB today announced it will become one of the first banks to deliver Confirmation of Payee for its customers, partnering with Vocalink, a Mastercard company.

/Cards

Santander selects NCR to deliver ATM platform service

NCR Corporation (NYSE: NCR), a global enterprise technology company for the banking industry, today announced that Santander U.K. recently selected NCR to deliver its enterprise ATM platform of the future and will be the first in the U.K. to offer its Interactive Banker solution to further enhance customer service.

Visa opens resource portal for fintechs

/payments

Visa opens resource portal for fintechs

Visa is looking to cosy up to fintech firms through the launch of an online portal giving them "unprecedented" access to its technologies and network.

/inclusion

Mastercard and Rabobank offer digital platform to farmers in emerging markets

Today, Mastercard and Rabobank announced a strategic partnership to give one million farmers in emerging markets access to a digital platform that makes it easier for them to sell their produce for a fair price.

Santander InnoVentures invests in Mexican startup Klar

/startups

Santander InnoVentures invests in Mexican startup Klar

Santander InnoVentures has joined a $57.5 million debt and equity seed financing round for Klar, a Mexican startup bidding to take on traditional credit cards and debit services.

Citi and RBC join $18m funding round for card data API startup Fidel

/Cards

Citi and RBC join $18m funding round for card data API startup Fidel

Fidel, a UK-based startup that gives developers access to real-time transaction data from the big card schemes via an API, has raised $18 million in a Series A funding round joined by Citi Ventures and Royal Bank of Canada.

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