Cards

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The climbing cost of fraud: over £2 billion stolen from UK credit and debit cards in the last year

Nearly 1 in 10 UK adults (9%) have been defrauded via their debit or credit card in the last year, equating to 4.7 million people across the country.

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Visa invests in B2B financing outfit Behalf

Visa has invested in Israel-based point-of-sale financing provider Behalf, tapping in to a growing trend to provide working capital for small merchants and on-demand purchase financing through the checkout.

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GlobalOnePay release EMV-ready mobile card reader

GlobalOnePay, a division of Pivotal Payments offering global omni-channel payment processing technologies and merchant services, announced today the release of its EMV-ready, affordable and secure mobile payment solution.

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US retailer Kroger considers extended Visa credit card ban

Having banned Visa credit cards at its Foods Co. stores over interchange fees, US retail giant Kroger has warned that it could extend the policy to more locations.

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Cornercard switches on support for Samsung Pay

Cornercard UK, the United Kingdom’s leading business-to-business prepaid card specialists, today announces its partnership with Samsung Pay, the mobile payment and digital wallet service.

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Worldnet promises one second chip transactions with Quickchip

Worldnet, a leading international provider of omni-channel payment solutions, has incorporated Quickchip into its ‘GoChip’ range of robust POS payment products to deliver a ‘one second’ Chip card transaction which is secure and seamless for the cardholder and delivers increased protection against fraud for the merchant.

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Your Legacy FCU selects Fiserv for core account processing

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Your Legacy Federal Credit Union, based in Tiffin, Ohio, will transform its digital capabilities for staff and members with the ASP Portico core account processing platform from Fiserv.

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American Express and GreenSky collaborate on POS financing

American Express (NYSE: AXP) and GreenSky, Inc. (NASDAQ: GSKY) today announced a strategic alliance to bring enhanced digital payments and financing capabilities to help merchants grow their businesses and give consumers greater flexibility in financing their purchases.

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Visa and Branch form micro-credit partnership

Visa, the world’s leader in digital payments, and international mobile financial services firm Branch have announced a partnership under which Branch will offer custom financing to merchants who accept payment via Visa (Visa on mobile or Card).

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Fin7 cybergang suspects arrested

US authorities have charged three Ukrainians accused of being members of Fin7, a notorious cybergang believed to have hacked into the systems of over 100 American companies, stealing millions of card details from thousands of POS terminals.

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Australians and Kiwis still wedded to cash

NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, has released findings from a study identifying consumer behaviours and attitudes towards banking services across Australia and New Zealand.

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Russian hacker to serve six-year prison sentence over $4 million debit card scam

A Russian hacker who caused the collapse of one US company and racked up $4 million in fraudulent spending on fake debit cards has received a six-year jail sentence.

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SIX Payment Services offers recurring donations service for charities

Subscription commerce has inspired SIX Payment Services to develop a payment solution for recurring donations that revolutionises the charity industry.

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All Chase ATMs now offer cardless access

Chase today announced that customers can now get cash through their phone’s mobile wallet at nearly all of its 16,000 ATMs nationwide, as well as access to all ATM vestibules outside of the branch.

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Novae releases mobile-first, white-label loyalty platform for banks

Global FinTech and InsurTech disruptor novae has launched novaeplatform, a user-centric, universal, cross-border, all-digital, mobile-first, white-label loyalty platform for banks that enables consumers to redeem points anytime, anywhere (online, in-store and while traveling), from any device (mobile, desktop or wearable) and using any payment method (credit, debit, points or split payment).

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NuData implements 3D-Secure

NuData Security, a Mastercard company and leader in the field of online user verification with passive biometrics, announced today its solution to help partners increase transaction approvals and establish a great consumer experience through the EMV® 3-D Secure authentication protocol (EMV 3DS).

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Bancomat partners SIA to bring m-payments to millions of Italians

Italian debit network Bancomat has teamed up with SIA to bring mobile money services to its millions of cardholders.

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Sabre and Visa ally for travel payments

Visa is excited to announce a strategic global partnership with Sabre, the leading technology provider to the travel industry. Sabre will utilize CyberSource, Visa’s payment management platform, to bring an integrated travel reservation and fraud management solution to airlines, hotels, travel agencies and other travel organizations worldwide.

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Tap-to-pay takes off for TransLink Canada

It’s been two months since we launched Tap to Pay and we are happy to share our customers have embraced this new payment option in a big way.

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Bank Leumi sells cards business to Warburg Pincus

Bowing to regulatory demands, Bank Leumi has reached an agreement to sell off its Leumi Card business to Warburg Pincus for $562 million.