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Germany sees card payments overtake cash

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Germany sees card payments overtake cash

Germany, one of Europe's last bastions of cash, has seen card payments eclipse traditional cash-based payments for the first time according to a new study.

ING joins $14 million round in consumer credit app Twisto

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ING joins $14 million round in consumer credit app Twisto

ING has joined in a $14 million funding round in buy now, pay later app Twisto.

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RoosterMoney issues Visa prepaid card for kids

RoosterMoney, the pocket money app, is launching the Rooster Card, as it continues to expand its offering and build on its mission to take children from their first steps in understanding the value of money to their first bank account.

Visa seals Earthport acquisition

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Visa seals Earthport acquisition

Visa has completed the acquisition of UK-based Earthport, providing an entree for the card scheme into the $80 trillion account-to-account payments market.

Mastercard trials biometric cards in Mexico

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Mastercard trials biometric cards in Mexico

Mastercard is teaming up with prepaid specialist Edenred and the Mexican state of Sonora to trial the use of cards with embedded fingerprint sensors for benefit programme disbursement.

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JCB International inks European deal with Viva Wallet

JCB International, Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., and global acquirer Viva Wallet, the global cloud based digital payments factory, today announced the signing of a joint licencing agreement, enabling JCB cards to be used at all POS systems and online touch points across Europe. This covers 108 K merchants in 12 countries.

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Wirecard collaborates with Orange Money to launch digital payment services in Eastern Europe

Wirecard, the global innovation leader for digital financial technology, is expanding its collaboration with Orange in the field of digital payment and banking.

NatWest launches merchant acquiring business

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NatWest launches merchant acquiring business

British bank NatWest is launching a merchant acquiring service for SMEs, taking on Worldpay, the business that parent RBS was forced by the government to sell off nearly a decade ago.

/payments

Brits predict a cashless society

Open your wallet and take out a coin or banknote and the Queen’s portrait offers a symbol of permanence and security – but are the days of cash numbered?

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Fime test tools get Brazilian certification

Fime Savvi and Fime Savvi Test Host tools have been qualified by Brazilian payment network Elo to perform terminal validation testing to meet growing demand for card payments.

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TagNitecrest begins manufacture of biometric payment cards in the UK

North West based, plastic card manufacturer, Nitecrest Group, are pioneering new Biometrics technology creating some of the first wave of fingerprint activated payment cards.

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PFS live with Garmin Pay

Prepaid Financial Services (PFS), an e-money payment company, today announced its partnership with Garmin Pay allowing for cards issued and managed by PFS in the UK to be used on compatible Garmin smartwatch devices.

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Mastercard rolls out new business card programme

From Cyber/ID theft protection to a 24/7 business assistant and financial management tools, your business Mastercard is here to help with a new small business program now available across Mastercard Business and World Elite offerings.

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Transport ticketing outfit Masabi raises $20 million

Masabi, the company bringing Software-as-a-Service (SaaS) ticketing and payments to public transport, today announced a $20 million growth funding round with investment led by Smedvig Capital with MMC Ventures and other existing investors.

Which? raises alarm over ATM network charges

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Which? raises alarm over ATM network charges

Britain’s free to use ATM network is on course to be "decimated" in the coming months unless urgent action is taken to protect access to cash, new research from Which? reveals.

Man dissolves credit card to make contactless ring

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Man dissolves credit card to make contactless ring

There may be no shortage of wearable payment options on the market, but one handy man has decided to opt for something a little more personal, and time consuming: dissolving his credit card and putting the RFID chip in a home-made resin ring.

/payments

Sabre partners Visa on B2B virtual payments in travel industry

Sabre Corporation (NASDAQ: SABR), a leading technology provider to the global travel industry, and Visa (NYSE: V), today announced a partnership to support the growth of business-to-business (B2B) virtual payments in the travel industry.

/security

Worldpay releases FraudSight tool

Worldpay, Inc. (NYSE: WP; LSE: WPY) is releasing FraudSight a new solution designed to prevent fraud and optimize approval rates potentially boosting revenue across all channels.

Competition watchdog drops objections to PayPal takeover of iZettle

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Competition watchdog drops objections to PayPal takeover of iZettle

The UK's competition watchdog has given the green light to PayPal's $2.2 billion takeover of Swedish mobile point-of-sale vendor iZettle.

Mastercard and Visa to slash inter-regional fees for tourist cards in EU

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Mastercard and Visa to slash inter-regional fees for tourist cards in EU

Mastercard and Visa have agreed to cut interchange fees for payments made in Europe by cards issued elsewhere by an average of 40% following an EU anti-trust investigation.

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