Latest Cards News: Finextra Research

BofA terminates First Data partnership/JPM Chase closes collaboration with OnDeck

Bank of America is to terminate its merchant services partnership with First Data when the ten-year contract expires in June 2020.

31 July 2019

News/Cards

OCBC ATMs go cardless

Singapore's OCBC Bank has introduced cardless cash withdrawals across its entire estate of ATMs, enabling customers to draw down funds by scanning a QR code.

31 July 2019

Company update/Cards

Visa partners with fintech Open for SME business banking

Fintech start-up Open, which offers a business banking service for SMEs and start-ups in partnership with banks have announced a strategic partnership with Visa, the global leader in payments technology, to enhance their business banking proposition for SMEs. The partnership will enable Open to launch a suite of innovative products that include a business credit card for SMEs, payment gateway acquiring and real time payments.

30 July 2019

News/Cards

Rakuten to apply for US banking charter

The American Bankers Association has hit out at plans by Japanese e-commerce giant Rakuten to apply for a banking charter in the US.

29 July 2019

News/Cards

Cracking the contactless code: Positive Technologies claims vulnerability

Researchers at Positive Technologies claim to have discovered flaws that allow hackers to bypass the payment limits on Visa contactless cards.

29 July 2019

Company update/Cards

Sberbank clients get ‘personalised’ ATMs

Sberbank has personalised the menu of its ATMs. Now, after a client enters their PIN code they will see a main screen that features the options they have used the most in the past, as well as relevant personal offers from the bank.

29 July 2019

Company update/Cards

Contactless arrives for Sydney busess

Bus customers will be able to tap their credit cards on Opal readers as a simple new way to pay under the NSW Government’s latest Australian-first innovation in transport payments.

29 July 2019

News/Cards

Finextra issues call for comment on payments revolution

Finextra is opening a public consultation on the competitive pressures driving the future strategy and direction of banks, as the sector grapples with a series of profound disruptions that are shaking up the once staid payments industry.

26 July 2019

Company update/payments

European Central Bank publishes 2018 payment stats

The European Central Bank (ECB) has today published the 2018 statistics on non-cash payments, which comprise indicators on access to and use of payment services and terminals by the public, as well as volumes and values of transactions processed through payment systems.

26 July 2019

Company update/payments

Elavon appoins European strategy head

Elavon, a leading global payments provider and subsidiary of U.S. Bancorp, is pleased to announce the appointment of Scott Frisby as its new Head of Strategy for the European region.

25 July 2019

Company update/Cards

Visa sets sights on cashless Japan as Olympic games hover into view

With one year to go until the Olympic Games Tokyo 2020, Visa (NYSE: V), the Worldwide Payment Technology Partner of the Olympic Games, is preparing innovative payment experiences for athletes, visitors and citizens in support of the government’s “Cashless Japan” imperative to double the total of payments made digitally to 40 percent by 2025.

25 July 2019

Company update/Cards

Mastercard hitches wagon to SumUP

Mastercard and SumUp today announced a new partnership that will increase the number of electronic payment acceptance locations across 27 European countries.

25 July 2019

Company update/payments

PSR publishes access to cash research

Today the Payment Systems Regulator (PSR) has published its latest paper on Access to Cash.

25 July 2019

Company update/Cards

Fime to offer testing and security evaluation services for mobile softPOS

FIME offers consultancy and testing services to support the development and launch of software-based mobile point of sale (softPOS) solutions.

25 July 2019

News/Cards

Link data highlights inexorable decline in cash usage

New data from the UK's Link ATM network shows an ongoing decline in the use of cash machines for withdrawing money and checking balances, as contactless cards and mobile banking services take hold.

24 July 2019

Company update/Cards

Zeta secure Series C investment from Sodexo

Zeta, a global fintech company revolutionizing the digital banking and enterprise payments space, today announced that it has secured a series C investment from Sodexo Benefits and Rewards Services (BRS) at a valuation of $300 million.

23 July 2019

Company update/Cards

Nationwide strikes deal with Mastercard and ClearBank for new busines banking service

Nationwide, the world’s largest building society, today announces it has signed two new partnerships as it prepares to launch a game-changing business current account for Britain’s 5.6 million small businesses.

23 July 2019

Company update/Cards

Capital on Tap turns to Marqeta for payments processing

Capital on Tap, one of the UK’s fastest growing companies, announced today that it is partnering with Marqeta, the leading global modern card issuing platform, to power payment processing for its small business credit card, relied on by over 60,000 UK enterprises.

23 July 2019

Company update/Cards

NPCI introduces RuPay JCB Global Card

National Payments Corporation of India (NPCI) and JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., together with Indian banks, announced the launch of RuPay JCB Global Cards, which can be used at RuPay card accepting points in India and JCB card accepting points outside India for both POS and ATM.

23 July 2019

Company update/Cards

Diebold Nixdorf to upgrade VyStar CU's entire ATM estate

Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce for the banking and retail industries, announced today that it will upgrade VyStar Credit Union’s entire ATM network.

23 July 2019