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Robinhood launches credit card

/payments

Robinhood launches credit card

Robinhood continues to expand beyond its stock trading origins, launching a credit card with a host of perks, including three per cent cashback.

/payments

Consorsbank Visa card portfolio migrated to Worldline

Worldline (Euronext: WLN), a global leader in payment services, has successfully completed the migration of Consorsbank’s Visa Card Portfolio from the existing legacy mainframe solution to its cutting-edge customer-centric issuing processing solution.

/payments

Currensea hits100k cardholders

Travel debit card Currensea, has now hit 100k cardholders with its money-saving solution now used globally every nine seconds.

Visa and Mastercard reach $30bn interchange fee settlement with merchants

/payments

Visa and Mastercard reach $30bn interchange fee settlement with merchants

After nearly 20 years of litigation, Visa and Mastercard have reached a settlement with US merchants lowering and capping credit card interchange rates in a deal that could save the merchants $30 billion over five years.

/payments

La Banque Postale and JCB team up

La Banque Postale and JCB today announced the signature of a partnership aimed at facilitating easy and seamless payment transactions for JCB cardmembers throughout France.

/payments

Qover and Yonder team on travel insurance

Qover, insurtech leader in embedded insurance orchestration, announces its partnership with UK-based credit card fintech Yonder, offering its members a seamless and comprehensive travel insurance experience.

/payments

Oz spend management platform Weel teams up with Nium

Weel, Australia’s leading spend management platform, and Nium, the leader in real-time cross-border payments, today announced a new strategic partnership to help finance teams better manage their corporate spend.

/retail

Chime SpotMe feature made available to members using Credit Builder

Chime’s industry-leading SpotMe feature – the fee-free overdraft that’s spotted members billions since 2021 – just got even better. SpotMe¹ is now available as an overdraft line of credit when members use the Chime Secured Credit Builder Visa® Credit Card⁵, too.

/inclusion

nsave Raises $4 Million in Seed Funding

nsave SA, a fintech company dedicated to offering safe and secure accounts and payments for individuals from distressed economies, today announced the closure of its first round of seed funding. Sequoia Capital and TQ Ventures co-lead the round with participation from Y Combinator, SV Angel, ACE Ventures, and FONGIT (the State of Geneva organization supporting tech startups). nsave, which seeks to democratize access to safe financial services in Switzerland, raised $4 million.

BuildMyCreditScore users see credit scores surge in months

/startups

BuildMyCreditScore users see credit scores surge in months

UK open banking-powered startup BuildMyCreditScore says users have seen an average 52 increase in their credit scores in the first three months.

UK set for soaring digital wallet adoption

/payments

UK set for soaring digital wallet adoption

The UK is approaching a seismic shift in how people pay, with digital wallets set to comprise half of all e-commerce spend and nearly a third of POS transaction value by 2027, according to a report from Worldpay.

Greggs storefronts reopen after payment processing issues

/payments

Greggs storefronts reopen after payment processing issues

UK bakery chain Greggs was forced to temporarily close several stores due to payment processing issues, following similar issues faced by other UK retailers over the weekend.

/payments

Float secures $11 million in funding

Standard Bank has provided an $11 million facility to fintech Float, which will facilitate the rollout of its card-linked instalment platform, supporting its accelerated growth plans over the next four years.

/payments

MeaWallet launches Mea Card Gateway

MeaWallet, a leading digital payments enabler specialising in card tokenization, today announces the launch of its global Mea Card Gateway. A platform that has been developed to ensure the secure transmission of sensitive payment card data, serving as a vital link between MeaWallet customers, payment processors and service providers.

NextGen Nordics 2024: Top Nordics payments stories you’ve missed this year

/payments

NextGen Nordics 2024: Top Nordics payments stories you’ve missed this year

Finextra is returning to Stockholm for the annual NextGen Nordics event. Attendees can expect in-depth conversations on a variety of topics and much more.

/payments

Thredd enters US debit and credit card issuing market

Thredd, a leading modern payments processor serving clients globally, has announced its official entry into the United States debit and prepaid card issuing market with long-standing partner, B4B Payments.

/security

FIS taps accelerator alumnus Stratyfy to boost card fraud detection with AI

Global financial technology leader FIS (NYSE: FIS) has today announced that its SecurLOCK card fraud management solution is poised to deliver an increase in accurately identified and prevented fraudulent card transactions utilizing a new collaboration with FIS Fintech Accelerator alumnus Stratyfy.

/payments

Scale Bank picks Corserv for credit card programme

Corserv, a company that empowers banks and fintechs with payment programs, has implemented an innovative credit card program with Minnesota-based Scale Bank (previously Fidelity Bank), to improve commercial lending for customers.

/payments

Ryft adds American Express to merchant payment options

Innovative payments provider, Ryft, is upgrading its digital platform payments offering through a new partnership with global payments company, American Express.

/payments

Skipify to add Synchrony Mastercard to Connected Wallet product

A leading financial technology company redefining the checkout experience, Skipify and Synchrony (NYSE: SYF), a leading consumer finance company with more than 70M active customer accounts across the US, today announced their partnership.

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