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Card details at risk in massive Marriott data breach

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Card details at risk in massive Marriott data breach

The details of millions of payment cards may have been exposed in a hack on hotel giant Marriott affecting 500 million guests.

/retail

Punjab National Bank inks management services deal with NCR

NCR Corporation (NYSE: NCR), a leader in banking and commerce solutions, today announced a new managed services agreement with Punjab National Bank (PNB), India’s third largest public sector bank.

/Cards

MyPOS makes hires

myPOS, the London-based payment services provider, has today announced a raft of new senior hires and promotions. The announcement comes as the e-money business revenue passed €1.2 billion for the calendar year to date, representing 92% growth year-on-year.

/Cards

DiviPay launches virtual corporate expense card

DiviPay, an Australian fintech start-up, has launched an expense management and virtual card platform that helps SME’s control company spending and automate their team’s expense reporting.

Revolut approved for Japan and Singapore push

/Cards

Revolut approved for Japan and Singapore push

Financial regulators in Japan and Singapore have given a green light to UK-based fintech Revolut and its bid to expand in Asia Pacific

/Cards

Americans plan to spend 55% of annual gifting budget on gift cards

The average consumer is spending $59 more than the original value of their gift card, up $21 from 2017, according to the 2018 Prepaid Consumer Insights Study released by First Data (NYSE: FDC) today.

/Cards

Isignthis receives Visa/Mastercard licence

Australian Securities Exchange and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX: ISX | FRA: TA8) (the “Company”), is pleased to announce that it has completed its Tier 1 integration to access both Visa and Mastercard (“card schemes”) directly, per its previously announced timetable on 30th August, and will be imminently using its own Principal Member Bank Institution Number (BIN) for processing of card transactions within the EU/EEA.

/payments

Ebanx integrates with credit cards in Argentina

Ebanx, global fintech company that offers end-to-end local payment solutions from Latin America to global digital commerce merchants, announces the integration with local credit cards in Argentina.

/payments

Sydney's trains go contactless

Cubic Corporation (NYSE:CUB) today announced that its Cubic Transportation Systems (CTS) business division and Transport for New South Wales will expand the contactless payment system to cover the city’s train network, following its success on Sydney’s ferries and light rail.

/security

Vietnam's MK Group to embed fingerprint sensors in payment cards

NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, today announced the company is joining with MK Group to launch an R&D program for biometric smart cards for banking and other applications.

/Cards

Elavon Secures Payments Deal with bpost

Elavon, a leading global payments provider and subsidiary of U.S. Bancorp (NYSE:USB) today announced a strategic deal with bpost, Belgium’s leading postal operator, to provide payment services across over 650 locations.

/security

Visa reiterates support for draft EMV Secure Remote Commerce (SRC) Specification.

Visa (NYSE: V) today announced a continued commitment to reducing friction and improving security in digital commerce by reiterating support of the draft EMV® Secure Remote Commerce (SRC) Specification.

/inclusion

Visa forms partnership to promote digital inclusion for seniors in Singapore

Visa, the world’s leader in digital payments, has partnered with People’s Association (PA) to promote digital inclusion for senior citizens in Singapore, as part of its Seniors for Smart Nation programme.

/security

Credit card fraud index: £4.1 billion stolen as a result of credit card fraud in the UK in past year

One in five (22%) people have been defrauded via their credit card in the last year, according to a survey of 2,000 UK adults commissioned by comparethemarket.com.

IndusIndbank introduces push button credit card

/Cards

IndusIndbank introduces push button credit card

IndusInbank has launched an interactive credit card with push button controls for customers to choose their preferred mode of payment at the checkout.

/Cards

First Data launches Clover Mini and Flex in Argentina

First Data (NYSE: FDC), a global leader in commerce-enabling technology, today announced the launch of Clover Mini and Clover Flex in Argentina.

Dispute with IT provider sees Mozambique interbank system knocked out

/payments

Dispute with IT provider sees Mozambique interbank system knocked out

A dispute between Mozambique's interbank payments system operator and its IT provider which has led to accusations of "blackmail" has left millions of people unable to use their cards at the point-of-sale or ATMs.

Plastiq raises $27m to let people pay for anything by credit card

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Plastiq raises $27m to let people pay for anything by credit card

Plastiq, a US startup that lets users pay any bill by credit card, has raised $27 million in a Series C funding round led by Kleiner Perkins with participation from DST Global.

CVV codes lifted in Vision Direct breach

/security

CVV codes lifted in Vision Direct breach

Vision Direct says that the personal details and payment card numbers, expiry dates and CVV codes of thousands of customers have been stolen by criminal hackers.

Visa takes stake in India's BillDesk

/payments

Visa takes stake in India's BillDesk

Visa has moved to strengthen its position in the fast-growing Indian market, making a minority investment in digital payments platform BillDesk. Terms were not disclosed.

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