Latest Cards News: Finextra Research

Company update/Cards

Thales completes acquisition of Gemalto

Completed in 15 months, the acquisition of Gemalto by Thales for €4.8 billion creates a Group on a new scale and a global leader in digital identity and security employing 80,000 people.

03 April 2019

Company update/payments

Sandinavia's Evry turns to ACI Worldwide to strengthen card and mobile payment processes

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that one of Scandinavia’s foremost IT services and software providers, EVRY, is utilizing ACI’s UP Retail Payments and UP Payments Risk Management solutions to better serve merchants and banks throughout the Nordics and European market.

03 April 2019

Company update/Cards

Wells Fargo begins contactless card rollout

Wells Fargo & Company (NYSE: WFC) announced today a newly enhanced, simplified checkout experience with the launch of contactless consumer credit and debit cards.

02 April 2019

News/payments

Mastercard to invest EUR50m in African online retailer Jumia

Mastercard is set to invest EUR50 million in Jumia Technologies through a private placement ahead of the Africa-focused ecommerce firm's upcoming initial public offering, according to Bloomberg.

02 April 2019

Company update/payments

Mswipe raises $30 million in Series E

Mswipe Technologies Private Limited (“Mswipe” or “the Company”), India's largest independent merchant acquirer and Point of Sale (POS) network provider, today announced its plans to have 1.5 million merchants on its platform by the end of FY 2020.

02 April 2019

Company update/payments

Ebanx enters Brazil

Ebanx, a global fintech company with Latin American DNA, which processes payments in LatAm to more than 1,000 international websites, is happy to announce the beginning local operations in Brazil.

01 April 2019

Company update/security

Thales locks up Gemalto takeover

Reference is made to the joint press release by Thales (Euronext Paris: HO) and Gemalto (Euronext Amsterdam and Paris: GTO) dated 27 March 2018 in relation to the launch of the recommended all-cash offer by Thales for all the issued and outstanding shares of Gemalto (the Offer), the publication of the Offer Document, and the joint press release of Thales and Gemalto dated 14 March 2019 in relation to the Acceptance Closing Time.

29 March 2019

News/payments

Remitly taps Visa to let users send cross-border payments to debit cards

US mobile money transfer outfit Remitly has teamed up with Visa to let Americans send funds to debit cards across borders.

28 March 2019

Company update/Cards

Yandex.Money goes multicurrency

Yandex.Money introduces a new service for multi-currency accounts and cards.

28 March 2019

News/Cards

T-Mobile enters mPOS market

T-Mobile is putting Square and First Data's Clover on notice With GoPoint, a new mobile Point of Sale (mPOS) device offering businesses free same-day funding and no software licensing fees.

28 March 2019

Company update/payments

Worldpay moves on Australasia

Worldpay, Inc. (NYSE: WP; LSE WPY), a global leader in payment technology, has announced major investment in Australasia for 2019.

27 March 2019

Company update/security

DKB melds biometrics and 3D-Secure for online payments

The software company Netcetera, market leader for 3-D Secure in the DACH region, together with the Deutsche Kreditbank AG (DKB) has modernized the 3-D Secure process for its customers and integrated the payment approval via biometrics.

27 March 2019

Company update/payments

PSR publishes annual plan and budget for 2019/20

We have published our Annual Plan and Budget for 2019/20 which sets out our aims and a summary of our anticipated activities and expected costs for the next twelve months.

27 March 2019

News/payments

Mastercard to invest $300 million in Network International

Mastercard has confirmed plans to make a cornerstone $300 million investment in Middle Eastern payments processor Network International, which last week announced its intention to list on the London Stock Exchenge.

27 March 2019

Company update/devops

Bian adds new APIs to its Open Exchange

Independent not-for-profit standards association, The Banking Industry Architecture Network (BIAN), has today announced new additions to its API Exchange.

27 March 2019

News/payments

Citi moves into consumer payments business

Citi is making a play for the fast-growing consumer digital payments sector, building a service that lets merchants collect from a host of methods including cards and e-wallets.

26 March 2019

Company update/security

EMVCo to develop standards for consumer deive verification

The deployment of Consumer Device Cardholder Verification Method (CDCVM) solutions across the payments ecosystem is increasing.

26 March 2019

News/Cards

Apple unveils credit card

Apple is launching its own credit card that will be tightly integrated into its mobile wallet and promises to help customers lead a "healthier financial life".

25 March 2019

News/Cards

Card issuing outfit Marqeta nears $250m funding round - TechCrunch

Open API card issuing and processing platform Marqeta is closing in on a $250 million Series E round at a $1.875 billion valuation, according to TechCrunch.

22 March 2019

Company update/retail

First Data buys ayCash

First Data (NYSE: FDC), a global leader in commerce-enabling technology and solutions, today announced that it has acquired ayCash, a German-based provider of cashless payment terminals and digital merchant services.

21 March 2019