Latest Cards News: Finextra Research

Company update/Cards

Carousell switches on Visa Sensory Branding

Visa, the world’s leader in digital payments, announced today that Carousell, one of the largest and fastest-growing web-based classified marketplaces in Asia Pacific, has become the first merchant partner to incorporate Visa’s Sensory Branding technology on its payment platform.

19 November 2018

Company update/Cards

SmartPesa brings softPOS to South East Asia

SmartPesa, a specialised payments and agency banking technology solutions provider based in Singapore, today announced it is bringing softPOS – an innovation for contactless card acceptance on any NFC phone, tablet or hardware running Android – to Singapore and South East Asia.

19 November 2018

Company update/security

Mastercard accredits FIME for biometric evaluation services

FIME has been accredited by Mastercard to deliver biometric authentication testing services for fingerprint in line with its new guidelines for mobile device sensors.

19 November 2018

Finextra TV/Cards

The global adoption of real-time payments, sparking industry innovation

Paul Stoddart, Chief Executive Officer, Vocalink & Colleen Taylor, Executive Vice President, Mastercard, speak at Sibos 2018 in Sydney about recent innovations having an impact on the consumer, which markets are ahead of the curve when it comes to adopting the latest real-time applications and how some of the latest innovations have tackled the issue of security, when leveraging the real-time rails.

16 November 2018

Company update/security

Royal Bank of Scotland puts freeze on cancelled cards

Thousands of credit card customers misplace their cards every year and have to request a new one, now Royal Bank of Scotland customers will be able to instantly freeze their card, reducing the number of cards that are unnecessarily cancelled.

16 November 2018

Company update/Cards

Wirecard and Mastercard extend global card issuance

Wirecard, the global innovation leader in digital financial technology, and Mastercard, the global payments technology company, signed a strategic agreement to migrate their global issuing business.

16 November 2018

Company update/payments

American Express launches virtual cards for worker expenses

American Express (NYSE:AXP) today announced the launch of American Express Go, a new digital solution to help mid-sized and large companies efficiently handle business expenses for temporary workers, recruits, and employees without Corporate Cards.

15 November 2018

Company update/Cards

DBS Hong Kong lets customers apply for credit cards from mobile phone

In a world of instant gratification, DBS Bank (Hong Kong) is elevating the customer experience to a whole new level, with the launch of a revolutionary way for new customers to instantly get their hands on a DBS credit card, and immediately start enjoying it from the comfort and convenience of their mobile phone.

15 November 2018

News/Cards

Russian banks get ready for contactless ATMs; MIR cards go international with Ingenico

A clutch of leading Russian banks are preparing for the introduction of contactless ATMs, enabling users to make withdrawals and conduct currency transactions at the cash point via popular payments apps from Apple, Samsung and Google.

15 November 2018

Company update/Cards

Chase Visa credit cards go contactless

As the No. 1 credit card issuer in the U.S., Chase is teaming up with Visa to bring tap to pay to the industry’s largest portfolio of credit cards. In the coming months, millions of Chase customers will benefit from a fast, easy, and secure checkout experience, saving valuable time by completing a transaction with a single tap.

14 November 2018

Company update/Cards

Stack releases vertical credit card

STACK, the Canadian-based fintech disruptor on a mission to do things differently, released a portrait edition of their signature Prepaid Mastercard® today - continuing to break new ground with the first vertical card to land in Canada.

14 November 2018

Finextra TV/Cards

When, if ever, will the Nordics become cashless?

Erik Zingmark, Head of Transaction Banking, Nordea, speaks at Sibos 2018 in Sydney, whether banks are really being disrupted by fintechs, what corporates are expecting from their banks in the next 3 to 5 years, and when, if ever, it will become cashless in the Nordics.

13 November 2018

News/Cards

Former Google Wallet chief raises $100m for payment terminal OS

Poynt, the payment terminal startup founded by former Google Wallet boss Osama Bedier, has raised $100 million in a Series C funding round joined by National Australia Bank and US Bancorp-owned Elavon.

13 November 2018

Company update/Cards

Bilbao selects Masabi for EMV contactless ticketing system

Masabi, the company bringing Software-as-a-Service (Saas) ticketing and payments to public transport, today announced that it has added new contactless EMV ticketing capabilities to its Justride fare collection platform.

13 November 2018

Company update/security

Revolut unveils machine learning tools to fight card fraud

Revolut, Europe’s fastest growing financial technology company, has today announced their intention to become a world leader in customer protection, and unveiled a new fleet of machine learning technology that has already seen a fourfold reduction in card fraud.

13 November 2018

News/Cards

N26 to offer Mastercard exchange rate with no mark-up in event of no deal Brexit

In an interview with Finextra, N26’s head of international markets Alex Weber reveals that in the event of a no deal Brexit, the German challenger bank will continue to offer the same Mastercard exchange rates as it currently does, despite the potential dissolution of the cross-border payment fee cap.

12 November 2018

News/Cards

American Express wins approval to enter Chinese payment card market

American Express has become the first foreign card scheme to win direct access to China's bank card market after winning approval for a clearing and settlement licence from the country's central bank.

09 November 2018

News/Cards

UK retailers win appeal court ruling over ATM charges

The UK's high street retailers have scored a major victory in a long-running case over the payment of business rates for ATM's installed at their stores.

09 November 2018

Company update/Cards

BS/2 sells 111 ATMs to Kazakhstan-based Bank CentreCredit

The BS/2, a part of Penki Kontinentai Group, sold 111 ATMs with an integrated security and monitoring solution ATMeye.iQ to the Bank CenterCredit.

09 November 2018

News/security

PNC pilots dynamic CVV2 tech to fight card-not-present fraud

PNC Bank's treasury management unit is trialling technology that guards against card-not-present fraud by automatically changing the three digit CVV code on the back of credit cards.

09 November 2018