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Cardstream to process Discover cards in UK

Cardstream, the UK’s largest independent provider of white label payment software and services, and Diners Club International, a subsidiary of Discover Financial Services, and part of the Discover Global Network, have today announced a collaboration that will help expand and accelerate the acceptance of Discover Global Network cards including Discover, Diners Club International and affiliate network cards in the UK.

/retail

Ingenico CEO Philippe Lazare leaves

Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, announced following the Board meeting held on November 5th, 2018, the evolution of the Group's governance as follow:

/security

ThreatQuotient applies Visa breach intelligence

ThreatQuotient, a trusted threat intelligence platform innovator, today announced that it is integrating verified breach intelligence from Visa to enable customers to better detect and protect against cyber attacks targeting payment data.

/Cards

Sberbank and South Korea’s Hyosung TNS Inc. to create next generation ATM especially for Russia

Sberbank and South Korean corporation Hyosung TNS Inc. have founded a Russian research and development centre on the basis of a Sberbank laboratory.

BofE launches cash vs cashless challenge

/payments

BofE launches cash vs cashless challenge

As part of a new open forum on the future of money, the Bank of England is challenging Brits to see if they can live for a week either using only cash or not using cash at all.

Mastercard complains to US govt about Indian PM's RuPay promotion

/Cards

Mastercard complains to US govt about Indian PM's RuPay promotion

Mastercard has complained to the US government about the behaviour of Indian prime minister Narendra Modi, claiming that he is using nationalism to push the country's domestic payments network, hurting foreign rivals, according to Reuters.

Anna launches debit card that miaows

/Cards

Anna launches debit card that miaows

As any cat owner will testify, moggies are capable of making humans wither under their judgemental glare. Now, money management startup Anna is tapping into man's deep fear of his feline overlord with a debit card that miaows every time it is used.

/Cards

JCB and Wex to issue virtual cards in Japan

JCB International, Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., today announced a new partnership with WEX Inc. (NYSE:WEX), an industry-leading global provider of corporate payments solutions, to enable WEX virtual payments technology in Japan.

Hacking scam hits California ATMs

/security

Hacking scam hits California ATMs

The US National ATM Council is warning cash machine operators of an emerging scam in which criminals re-programme the terminal to dispense notes even when a transaction is denied.

The revolution of money is in the hands of the consumer – a Money 20/20 round-up

/payments

The revolution of money is in the hands of the consumer – a Money 20/20 round-up

For the seventh year running, Money 20/20 put on an impressive show in Las Vegas and welcomed thousands of innovators from the fintech and banking industries to learn about disruption and forge business connections.

South Africa's app-only Bank Zero gets license

/startups

South Africa's app-only Bank Zero gets license

Bank Zero, a digital-only South African bank co-founded by former FNB chief executive Michael Jordaan, has begun alpha testing its app after securing a mutual banking license.

/Cards

Fiserv completes acquisition of Elan units

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced the completion of its acquisition of the debit card processing, ATM Managed Services and MoneyPass surcharge free network of Elan Financial Services, a unit of U.S. Bancorp (NYSE: USB).

/Cards

Visa strengthens East Africa presence through partnership with Tanzanian telecom firm

Visa, the global payments technology company, has announced a strategic partnership with Halotel to enable Visa on mobile payments on Halotel’s HaloPesa wallet in Tanzania.

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Bank of America and Talech team to deliver point-of-sale suite for restaurants and bars

Bank of America Merchant Services, a leader in payments, eCommerce and security solutions, and talech, a pioneer in cloud-based restaurant management software, are teaming up to help full-service restaurant and bar owners with one or more locations run their businesses more efficiently through a new, innovative point-of-sale solution.

/Cards

Even Financial to acquire Birch Finance

Even Financial ("Even"), the leading search, comparison and recommendation engine for financial services, announced today that it is acquiring Birch Finance ("Birch"), an award-winning personal finance app that helps everyday consumers find the best credit cards and optimize their rewards.

/Cards

Wirecard to issue Spendit employee benefit cards

Wirecard, the global innovation leader for digital financial technology, along with Spendit AG, a multi-award-winning HR and FinTech company, are expanding their long-term cooperation and are set to develop digital solutions in the area of employee benefits for the whole of Europe.

/Cards

SmartPesa opens payments gateway in Nigeria

SmartPesa, a specialised payments and agency banking technology solutions provider based in Singapore, today announced its partnership with Nigerian e-commerce and e-payments company NetPlusDotCom to launch its cutting-edge payments gateway in Nigeria.

/Cards

Icici Bank launches co-branded credit card with Amazon

ICICI Bank, today announced the launch of a co-branded credit card in an exclusive partnership with ‘Amazon Pay’, the online payment platform of the global e-commerce company Amazon.

/Cards

UK consumers warm to biometric payment cards - Gemalto

More than half of UK consumers (54 percent) would be ready to use biometric payment cards if they were available at their bank today, according to new research revealed by digital security leader Gemalto and conducted by GfK.

Hitachi and SBI form payments joint venture

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Hitachi and SBI form payments joint venture

Hitachi is moving into the merchant acquiring business, buying a 26% stake in SBI Payment Services in India.

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