Latest Cards News: Finextra Research

Visa invests in Indian B2B payments firm PayMate

Visa has joined a $25 million funding round in Indian B2B payments company PayMate.

22 July 2019

Company update/payments

Cashplus grows revenues by 19%; enters Unicorn territory

Cashplus, the leading digital challenger to banks, has reported record revenues of £45.6m, up 19% year on year, and an eighth consecutive year of Operating Profit for the financial year ending March 2019.

22 July 2019

Company update/Cards

Wirecard wins Aldi card processing deal

Wirecard, the global innovation leader for digital financial technology, and the ALDI Nord and ALDI SÜD Groups have signed an MOU and plan to work together in the area of cashless payments.

19 July 2019

Company update/Cards

Fingerprints and Giesecke + Devrient collaborate on biometric payment cards

World-leading biometrics company, Fingerprint Cards (Fingerprints™) and Giesecke + Devrient Mobile Security (G+D), a global mobile security technology company, are collaborating to bring contactless biometric payment cards to the market.

18 July 2019

Company update/payments

Paysafe to stream payments for YouTube Premium

Paysafe Group (Paysafe), a leading global payments provider, has collaborated with the world’s biggest video streaming platform YouTube.

18 July 2019

News/Cards

Tally launches banking app tied to gold ownership

UK startup Tally has launched an app offering individual banking accounts delivering saving and spending in physical gold.

18 July 2019

Company update/Cards

Mambu wins deal with Brazil's Acesso

Mambu, the leading SaaS banking engine, today announced that it has signed its first Brazilian client, Acesso, the innovative financial services company specialising in issuing and managing prepaid cards with a reputation for setting benchmarks in the country.

17 July 2019

Company update/Cards

Lloyds turns to Optal for B2B payments

Optal, a global leader in optimising B2B transactions, has signed a new deal with Lloyds Bank which will enable one of the UK’s largest banks to offer innovative services to its Commercial Banking clients.

16 July 2019

Company update/payments

Credorax calls in Cisco to upgrade data centre network

Today, Credorax, announced that it has partnered with Cisco to upgrade its data-center network’s capabilities, capacity and latency.

16 July 2019

Company update/Cards

SumUp raises €330m capital facility

SumUp, announces today that it has raised a from Bain Capital Credit, Goldman Sachs Private Capital, HPS Investment Partners, and TPG Sixth Street Partners.

16 July 2019

Company update/cloud

Enfuce and OpenWay team up for cloud-based payment processing

Enfuce, an innovator in cloud-based payment services, is accelerating its business growth after migrating its card issuing service to OpenWay’s WAY4 digital payments platform.

16 July 2019

News/Cards

Curve picks up $55 million in Series B funding

Curve, the UK fintech that consolidates multiple cards and accounts into one smart card and app, has secured $55 million as part of a Series B funding round, valuing the company at a quarter of a billion dollars.

16 July 2019

Company update/Cards

Halifax introduces card freeze options for credit card customers

Halifax customers now have a greater range of options to control where and how they use their credit card.

15 July 2019

Company update/Cards

Contactless payments are biggest improvement to public transport experience, say UK commuters

With Transport for Greater Manchester (TfGM) today launching contactless payments on Manchester’s Metrolink tram network, new research commissioned by Visa looking into travellers experiences using public transport, reveals half (49%) of UK commuters view the introduction of contactless payments as the single most significant improvement to their overall public transport experience.

15 July 2019

News/payments

Sydney could use facial recognition for public transport payments

Sydney's commuters could soon ditch their contactless cards and pay for journeys with their faces, predicts the New South Wales transport minister.

15 July 2019

News/Cards

Samsung Pay integrates loan and credit card applications in India

Samsung has struck a deal with Paisabazaar, an Indian online marketplace for financial products, to let people apply for things such as credit cards and loans through Samsung Pay.

12 July 2019

News/Cards

N26 launches in the US

German digital bank N26 has launched in the US, beginning a phased roll out of its app-based account and debit card.

11 July 2019

Company update/Cards

SafeCharge applies Visa Direct at InsurTech company Seeto

SafeCharge (AIM: SCH), the partner of choice for businesses who demand more from payment technology, has announced a new collaboration with Visa Direct, Visa’s real-time push payments platform, helping to power faster payouts for insurance-as-a-service company Setoo.

11 July 2019

Company update/Cards

Evolve Bank taps Mastercard Send for gig working wage advances

People who support themselves and their families with incomes from gig and hourly work often have to stitch together earnings from various sources to pay bills, budget for savings and manage financial emergencies.

10 July 2019

Company update/Cards

PaymentsMB selets Cardstream to support European expansion

PaymentsMB, the Canadian turnkey Payment Service Provider has today announced the adoption of Cardstream’s Open Payment Network, to support the expansion of its European presence and drive into new vertical markets.

10 July 2019