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Ipagoo to be bought out of administration

/regulation

Ipagoo to be bought out of administration

Ipagoo, the UK fintech startup that entered administration earlier this month after regulators told it to freeze customer accounts, has found a buyer.

/Cards

Card issuing platform Marqeta to create 175 jobs

Marqeta, the leading global modern card issuing platform, announced today that it expects to create 175 new jobs across the 2019 calendar year, representing significant annual growth in headcount.

Capital One suspect indicted

/cloud

Capital One suspect indicted

Seattle-based software engineer Paige Thompson faces up to 25 years in prison after being indicted on two counts related to the Capital One data breach that affected 106 million customers.

/security

Amadeus and Visa’s CyberSource join forces to tackle fraud and friction in travel

The European Central Bank estimates Europe suffers from €1.3 Billion[1] in online card fraud each year. That’s why the Payment Services Directive 2 (PSD2) and the Regulatory Technical Standards (RTS) mandate what is known as Strong Customer Authentication (SCA).

/Cards

Bitwala brings mobile Bicoin banking to Germany

For the first time, mobile users can open a German bank account with an integrated bitcoin wallet and trading on their smartphone within minutes.

/Cards

Aussie credit card disrupter Zip to enter UK market

Zip Co Limited (‘Zip’) is pleased to announce that it has entered into an agreement to acquire 100% of the shares in global instalment technology platform, PartPay Limited (‘PartPay’), providing exposure to four key geographies – New Zealand, United Kingdom, United States and South Africa.

/payments

Barclaycard partners TouchBistro to power payments for restaurant POS system

Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, has announced a new partnership with TouchBistro, a leading global iPad-based POS solution for restaurants and pubs.

/payments

MiFinity and UnionPay International team on money remittance service to mainland China

MiFinity, a global payments provider, today announced the launch of a new consumer focused cross-border money transfer service to UnionPay card holders in mainland China.

/payments

Mobeewave makes move on contactless mPOS payments

Mobeewave, a pioneer in contactless mobile card payment acceptance, is gearing-up for the opening of a new segment in the payments market; NFC-enabled contactless payments on mobile devices.

/Cards

CaixaBank to issue biodegradable cards

This September, CaixaBank will start releasing its first biodegradable cards, and expects to distribute around 150,000 units per year.

Mastercard loyalty programme customers hit by data leak

/security

Mastercard loyalty programme customers hit by data leak

Mastercard has notified regulators in Germany and Belgium about a loyalty programme data breach affecting the details of several thousand customers.

Apple warns against storing card in leather and denim

/Cards

Apple warns against storing card in leather and denim

Burnishing its reputation for form over function, Apple has warned owners of its new titanium credit card not to put it into contact with denim, leather, or other cards.

Telia and OP bank run public demo of payments by face

/Cards

Telia and OP bank run public demo of payments by face

Finnish telco Telia and local bank OP Financial have been showcasing the potential of 5G to deliver payments by face, installing the technology in an ice cream truck in Helsinki's Vallila neighbourhood.

/payments

Mastercard gets Miami commuters tapping

Mastercard today announced its partnership with transportation solutions provider Cubic Transportation Systems, and Miami-Dade County Department of Transportation and Public Works (DTPW) to enable tap-and-go payments at Miami’s Metrorail stations.

/Cards

Barclaycard bids to encourage Click & Collect

New research from Barclaycard – which processes nearly half of the nation’s credit and debit card transactions – reveals that 72 per cent of retailers see Click & Collect services as a solution to drive high street footfall.

/Cards

Plastiq now available to US Visa commercial cardholders

Plastiq today announced US Visa commercial cardholders can now use its platform to pay vendors, even those who currently do not accept card payments.

Goldman CEO: "Apple card is big, but it's also a beginning"

/Cards

Goldman CEO: "Apple card is big, but it's also a beginning"

Goldman Sachs CEO David Solomon says the launch of its co-branded card with Apple is just "the beginning" of the firm's efforts to be as big on Main Street as it is on Wall Street.

Visa launches security suite

/Cards

Visa launches security suite

Visa has unveiled a suite of new security services and capabilities to detect and disrupt fraud threats targeting banks and merchants.

Apple Card launches

/Cards

Apple Card launches

Apple has officially launched its credit card, with all US customers now able to apply for it through the Wallet app on their iPhones.

RBS credit card customers left in the dark after IT outage

/Cards

RBS credit card customers left in the dark after IT outage

Royal Bank of Scotland is struggling to fix an IT glitch that has left credit card customers unable to access their accounts and pay off any outstanding balances.

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