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Uber drives financial inclusion with in-app account from BBVA

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Uber drives financial inclusion with in-app account from BBVA

Uber is tapping the power of Open Banking to provide unbanked drivers with access to a digital account from BBVA within its mobile app in Mexico.

/inclusion

Digital challenger Airfox inks Mastercard and Zurich deals

Airfox, a startup providing transformative financial services to emerging markets, today announced a partnership with Mastercard Brazil that vastly extends the availability of affordable and cost-free banking solutions with 1% cashback to customers.

Kyash raises $14 million for cashless Japan push

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Kyash raises $14 million for cashless Japan push

Japanese payments app and putative challenger bank Kyash has raised $14 million in a Series B funding round co-led by Mitsubishi UFJ and Goodwater Capital, the VC firm that recently participated in Monzo's £113 million raise.

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Joko raises EUR1.6 million to reinvent loyalty cards

The fintech startup Joko carries out its first fundraising with top-tier investors — Partech, Axeleo Capital, Lafayette Plug and Play, and several angel investors from the sector — to develop its simple and universal loyalty program integrated into credit or debit cards.

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PayFacto appoints former McKinsey man Frédéric Gascon as COO

PayFacto, a leading payment solutions provider in North America specializing in processing transactions for debit and credit cards, is pleased to announce the arrival and appointment of Mr. Frédéric Gascon as Chief Operating Officer, a new position within the company.

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Revolut’s customers can now round up their card payments and donate their spare change to charity

Revolut has today released a new in-app feature called Donations, which allows their five million customers to round up their card payments and donate the difference to three international charities.

/payments

ConnexPay scores $7 million Series A

ConnexPay, a payment provider changing the way travel intermediaries do business, announced today that it has raised a Series A funding round of $7 million led by BIP Capital, one of the Southeast's most active venture investors.

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CBA enables network routing choice for merchants

From today, the Commonwealth Bank has enabled Merchant Choice Routing (MCR) for businesses to select which network to use when processing contactless payments made with multi-network debit cards (Mastercard and Visa), and choose any combination of payment routing choices.

Visa to buy Verifi

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Visa to buy Verifi

Visa is buying Verifi, a payment dispute resolution technology specialist that promises to help firms reduce chargebacks. Financial terms of the deal were not disclosed.

Goldman Sachs could create digital coin

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Goldman Sachs could create digital coin

Goldman Sachs could follow JPMorgan Chase in creating a digital coin, CEO David Solomon has revealed in an interview in which he also dismissed the threat of tech giants such as Facebook moving beyond payments into deposits.

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Jaja Finance acquires Bank of Ireland UK’s credit card portfolio

Bank of Ireland UK (“The Bank”) has today announced a new partnership with digital finance company Jaja Finance Limited (“Jaja”).

Visa rolls out payment instalment APIs

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Visa rolls out payment instalment APIs

Visa has introduced a suite of APIs to help financial institutions and retailers offer their customers the option to pay off instore and online purchases in instalments.

/payments

SIA signs five-year payment modernisation deal with Greek retailer Market In

SIA, the leading European hi-tech company in the payment services and infrastructures sector, through its wholly-owned subsidiary New SIA Greece, has reached a five-year agreement with Market In, one of Greece’s leading retailers, to provide a new payment technology infrastructure and to manage the processing of card transactions.

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Revolut celebrates Pride by releasing 30,000 limited edition rainbow cards

In a show of inclusiveness as Pride celebrations begin across Europe, Revolut will release 30,000 limited edition rainbow cards to its five million customers on Monday 1st July.

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Independents taking over bank ATM sites

RBR’s Global ATM Market and Forecasts to 2024 analyses different types of ATM deployer and their ATM location strategies.

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Vipps and Nets expand strategic partnership

Vipps, the owner of BankAxept, and Nets, a market leader in the European payments industry, today announce plans to expand their strategic partnership.

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Ten wins second contract with HSBC

Ten Lifestyle Group plc (AIM: TENG), a leading technology-enabled lifestyle and travel platform for the world’s wealthy and mass affluent, is pleased to announce it has won a two-year contract with HSBC Bank (Singapore) Limited (“HSBC”), its second contract with the HSBC Group.

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Societe Generale brings personalized credit and debit cards to Apple Pay

Societe Generale today announced that before the end of the week customers will be able to personalize the cards they use with Apple Pay, which is transforming payments with an easy, secure and private way to pay.

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Creative Group raises €22 million from Prime Ventures

Creative Group announces €22 million in funding from Prime Ventures.

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Swedish startup Gimi launches a prepaid Mastercard for kids and teenagers

Today, Swedish start-up Gimi launches The Gimi Card; a child-friendly Mastercard® that allows parents to preload money onto a card for their kids to use in stores and online.

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