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Payments Canada seeks feedback on widening debit card acceptance

Payments Canada is seeking feedback on its consultation paper for a new rule, as part of its point-of-service payment rules framework, to enable a broader range of point-of-service debit card acceptance.

/Cards

Contactless payments on the rise in Russia

Russian customers are noticeably more often using contactless payment methods to pay for purchases: the number of payments made with smartphones has increased nearly threefold over the past year.

/Cards

UOB and Mastercard launch elite metal payments card for SMEs

UOB and Mastercard today announced the launch of the UOB Regal Business Metal Card, Asia Pacific’s first World Elite Mastercard Business metal card designed for smalland medium-sized enterprises (SMEs).

/payments

Visa CFO Prabhu takes on vice chairman role

Visa Inc. announced today that Vasant Prabhu, Executive Vice President, Chief Financial Officer and member of the Executive Committee, will take on the added title of Vice Chairman for the global payments technology company.

Zero Financial raises $20 million to blur the distinction between debit and credit cards

/startups

Zero Financial raises $20 million to blur the distinction between debit and credit cards

Zero Financial, a US startup that offers a checking account and rewards credit card that operates like a debit card, has closed a $20 million Series A financing round, led by New Enterprise Associates (NEA).

Tap and Pay hitches a ride on Big Apple subway and bus routes

/Cards

Tap and Pay hitches a ride on Big Apple subway and bus routes

New York commuters will soon be able to skip the long lines to buy or reload their MetroCards with the roll out of a new 'tap and pay' option on subways and bus routes at the end of the month.

/Cards

Secure Trading/acquiring.com onboard first cryptocurrency client

Secure Trading and acquiring.com have announced today that they have begun life in the cryptocurrency vertical after being chosen to provide payment gateway and merchant acquiring solutions for CoinLoan, a peer-to-peer lending platform for crypto-asset-backed loans.

Interac partners Mastercard to let Canadians send e-Transfers overseas

/payments

Interac partners Mastercard to let Canadians send e-Transfers overseas

Canadian debit network Interac has teamed up with Mastercard to enable users of its e-Transfer P2P payments service send money to bank accounts around the world.

/Cards

Buy now, pay later outfit Sezzle selects BofA for card processing

Bank of America Merchant Services, a leader in payments, eCommerce and security solutions, announces that it has been chosen by Sezzle to be their digital card processor for the rapidly growing fintech company and its clients.

/Cards

Thyngs to enable contactless payment options for magazine subscriptions at CDS Global

Thyngs is teaming up with CDS Global to facilitate contactless payments for magazine subscriptions in the UK and Australia.

Card issuing firm Marqeta raises $260m

/Cards

Card issuing firm Marqeta raises $260m

Marqeta has raised $260 million in a Series E funding round led by Coatue Management, valuing the open API card issuing and processing platform at nearly $2 billion.

/Cards

Auriga hires Diebold Nixdorf's Niccolo Garzelli as SVP, sales

Auriga, a leading European supplier of software and technology solutions for the banking industry, today announces Niccolò Garzelli as its new Senior Vice President, Sales.

/payments

ACI Worldwide inks deal with Chilean acquirer Transbank

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Transbank, the largest acquirer in Chile and an existing ACI customer, is now taking advantage of ACI’s UP Retail Payments solution to offer differentiated services to businesses, maintain a competitive edge in the market and better comply with local card scheme mandates.

/Cards

Visa Token Service expands in Europe

Today, Visa (NYSE: V), announced that 11 new European partners will implement the Visa Token Service (VTS), to create a more secure shopping environment for customers who store payment details on file with their favourite merchants.

/Cards

Cryptomathic acquires Aconite Technology

Cryptomathic, the global specialist in secure server and payments solutions, today announces the strategic acquisition of end-to-end EMV® card lifecycle, transaction processing and PIN management provider, Aconite Technology.

/Cards

Lastminute to offer instant financing via Mastercard and Divido

People increasingly crave flexibility and control when it comes to spending their money: from how they pay to where they pay – in store, on mobile or online.

/payments

Half of payments made by Russians in the first quarter of 2019 were cashless

Sberbank and operator of fiscal data OFD Platform have again analysed the development of cashless payments in Russia.

/Cards

Number of ATMs worldwide drops for the first time as demand for cash decreases

Brand-new research shows that the number of ATMs installed worldwide fell by 1% in 2018, to stand at 3.24 million, impacted by branch closures and the rising popularity of mobile payments.

/ai

Mastercard and Zivelo use AI to revamp ordering at fast food restaurants

Today, Mastercard announced a partnership with Zivelo, a leader in self-service kiosk technology, to enhance the drive-in and drive-through ordering experience for quick service restaurants (QSRs) with a first-of-its-kind AI-powered voice assistant and personalized dynamic menu.

/Cards

Paytm First Card issued by Citi

Paytm First Card, India’s first card with 1% universal unlimited cashback, and no restrictions on earning categories, was launched today.

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