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Lloyds looks to unlock access to cash

/payments

Lloyds looks to unlock access to cash

In the wake of fierce criticism from politicians and consumer groups over the disappearance of ATMs and bank branches from the high street, Lloyds Banking Group is to run a pilot scheme which will offer retailers a fee for processing cashback transactions over the counter.

/Cards

Atlanta Girl Scouts to process cookie sales with First Data Clover

This year, metropolitan Atlanta customers will have the opportunity to purchase their favorite Girl Scout Cookies via First Data’s cloud-based mobile payment platform called Clover.

Barclaycard partners with SAP to simplify corporate payments

/payments

Barclaycard partners with SAP to simplify corporate payments

Barclaycard Commercial Payments is integrating its business-to-business product, Precisionpay, into SAP Ariba, a B2B marketplace.

/ai

Credit card provider NewDay taps Limitless Voice of Customer programme

Limitless, the UK-based inventor and provider of a SaaS platform offering AI and crowd sourced customer service solutions, today announces that it has successfully concluded the first phase of a Voice of Customer (VoC) programme with leading credit card provider, NewDay.

/Cards

MineralTree introduces virtual card support for top 3 networks

MineralTree, the Accounts Payable and Payment Automation solution provider, has expanded its platform integration to include all major card providers—delivering new value to middle-market businesses by optimizing their entire Accounts Payable process.

CaixaBank rolls out facial recognition at the ATM

/security

CaixaBank rolls out facial recognition at the ATM

CaixaBank is offering customers the opportunity to use facial recognition technology rather than PIN codes to withdraw cash from ATMs.

/Cards

Forcht Bank enlists Fiserv for credit card programme

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Forcht Bank, one of the largest privately-owned banks based in Kentucky, has launched a new card program to protect cardholders, elevate their customer experience and make the communities the bank serves better places in which to live and work.

/startups

Aussie fintech OpenSparkz closes second round of fund raising at $1.5 million

OpenSparkz, an Australian fintech which has developed a global platform that removes the need for loyalty cards, offer codes and coupons, today said its second capital raising has closed oversubscribed.

/Cards

Worldpay and Sage partner for corporate card payments

Worldpay, Inc. (NYSE : WP ; LSE : WPY), a leading global payments technology provider, and Sage Pay, part of Sage Group (FTSE : SGE), a market leader in cloud business management solutions, have today announced a partnership that broadens the range of card payment solutions available to businesses.

/payments

Bleep UK unveils self-service Epos kiosk

Bleep UK PLC, the designer, manufacturer and supplier of innovative point of sale solutions, has announced the launch of a new, cutting edge Self-Service EPOS kiosk after several successful trial installations across a number of high-profile venues.

/Cards

Tandem credit card racks up £100 million in transactions in first year

Today, Tandem announce that in total customers have spent over £100 million on their credit cards and has paid £500,000 in cashback to its customers.

/payments

SumUp acquires Shoplo

SumUp, the London-based financial technology company that allows small businesses to receive payments in a cost-effective way, quickly and simply, has announced its acquisition of multichannel eCommerce platform, Shoplo.

Card spending tipped to double as contactless becomes the norm

/Cards

Card spending tipped to double as contactless becomes the norm

Global card expenditure is tipped to almost double over the next four years as surging growth in contactless payments continues to push the plastic payment card into the low value cash market.

ACI acquires tech assets for omnichannel payments offering

/payments

ACI acquires tech assets for omnichannel payments offering

ACI Worldwide has bought technology assets from RevChip and TranSend to boost its UP Merchant Payments offering with new cloud-based, omni-channel in-store capabilities.

Industry challenges around IBOR Transition

/Cards

Industry challenges around IBOR Transition

Andrew Kouloumbrides, CEO, Xceptor and Bruce Laing, Partner, IBOR Transition lead, Baringa, speaks about the industry challenges around IBOR Transition, what Financial Institutions have done up to date to meet these challenges and what to expect next.

Visa fends of Mastercard with new offer for Earthport

/payments

Visa fends of Mastercard with new offer for Earthport

Visa has raised its takeover offer for cross-border payments outfit Earthport, beating off a rival bid from Mastercard

/payments

World ski championships go cashless with iZettle

Åre 2019 partners with iZettle to bring cashless payments to 120,000 spectators. It is the first time in history that the FIS Alpine World Ski Championships are completely cashless.

Mastercard seeks good vibrations with new sonic identity

/Cards

Mastercard seeks good vibrations with new sonic identity

Mastercard is heading to the Grammys and the Brit Awards to debut a new sonic brand identity scored with the help of Mike Shinoda of US rock band Linkin Park.

ECB chief says instant payments could break Visa/Mastercard duopoly

/Cards

ECB chief says instant payments could break Visa/Mastercard duopoly

The European Central Bank is floating the idea of using instant payment rails to link up national card schemes as a means to break the duopoly enjoyed by Visa and Mastercard, who between them account for over 80% of all EU card transactions.

/Cards

Funding Options partners with Caxton FX

Business finance marketplace, Funding Options, has launched a partnership with Caxton FX for its market leading prepaid Corporate Currency Card to help UK small businesses better manage their finances when overseas for business trips, conferences, trade missions and meetings.

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