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First Data ships Clover platform to Canada

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

/payments

TAP cryto-to-fiat exchange portal moves into beta

A unique new one-stop crypto exchange portal, which enables customers to effortlessly and instantly store, trade and spend any crypto or FIAT asset, is now in beta.

/startups

Melbourne startup Pelikin preps for launch of travel money card

Melbourne Fintech Pelikin is on the cusp of disrupting the Australian travel money market with its mobile-only multi-currency account and prepaid Visa card.

NAB and Microsoft test facial recognition for ATM withdrawals

/security

NAB and Microsoft test facial recognition for ATM withdrawals

National Australia Bank has teamed up with Microsoft on a proof-of-concept that taps AI to let customers make ATM withdrawals using facial recognition and a PIN.

/payments

Visa invests in Brazil's Conductor

Visa (NYSE: V) today announced a strategic minority investment in Conductor, a leading digital payments processing technology platform in Brazil, to help accelerate innovation in payments and enable Conductor’s product expansion.

/payments

Pivotal Payments rebrands as Nuvei

Pivotal Payments, a leading provider of technology-driven global payment processing solutions, announces that beginning today, the company will operate under the new brand name of Nuvei.

/Cards

Marqeta expands into Europe

Marqeta, the open-API platform pioneering the future of modern card issuing, today announced its expansion into the European market. In collaboration with strategic partner Visa, Marqeta has acquired new customers and opened a London office led by a team of U.K.-based industry experts.

/payments

Clover integrates with Nav, AP Intego Insurance Group and Gusto

Further positioning itself as the partner-of-choice for small businesses and merchants, Clover, a First Data (NYSE: FDC) Company, today announced the addition of two new partners to its network: Nav and AP Intego.

/Cards

First Data deploys Inside Secure to connect to Visa and Mastercard token services

Inside Secure (Euronext Paris: INSD), at the heart of security solutions for mobile and connected devices, today announced that First Data Polska S.A., a division of the global leader in commerce-enabling technology, selected Inside Secure technology to enable secure and flexible connections to Mastercard and Visa.

Bank of Canada asks: Is a cashless society problematic?

/payments

Bank of Canada asks: Is a cashless society problematic?

If the long-predicted cashless society ever materialises it will be unlikely to cause material system-wide problems, according to a Bank of Canada paper, which nevertheless warns that options such as central bank digital currencies might be needed to tackle operational reliability and contestability issues.

/Cards

Bank of America Merchant Services integrates BlueSnap payment platform

First Data (NYSE:FDC), a global leader in commerce enabling technology, and Bank of America Merchant Services, a leader in payments, ecommerce and security solutions, announced today that Bank of America Merchant Services has integrated BlueSnap’s All-in-one Payment Platform.

/payments

Klarna rolls out 'slice it in 4' payment option

Today at Money20/20 in Las Vegas, Klarna, a leading global payments provider, introduced their Slice it in 4 payment option, which allows consumers to pay for purchases in installments using their own debit or credit card.

/Cards

Diebold Nixdorf reports Google and Mastercard partnerships

Diebold Nixdorf (NYSE: DBD), a world leader in driving connected commerce, will demonstrate a number of solutions that augment and enhance consumer journeys in the banking and retail industries at this year’s Money20/20 conference in Las Vegas – the largest global event focused on payments and financial services.

/Cards

Visa readies blockchain-based B2B Connect for market

Visa Inc. (NYSE:V) today announced new product details surrounding digital identity in preparation for a first quarter 2019 launch of Visa B2B Connect.

/Cards

iCard and myPOS enable JCB Contactless acceptance in Europe

JCB International, Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., today announces the rollout of JCB Contactless* acceptance with iCard, a licenced electronic money provider and myPOS Europe Ltd, an FCA Authorised (London) electronic money institution.

QRails bags $7 million from prominent angel investors

/payments

QRails bags $7 million from prominent angel investors

Cloud-based payment processing startup QRails has secured $7 million in funding from a group of heavyweight angel investors, including Gary Hoffman, chairman of Hastings Insurance, former CEO of Barclaycard and board member at Visa, Jonathan Hughes, previously a senior executive at Worldpay, and Alan Morgan of Adfisco.

/payments

American Express and PayPal partner for loyalty spending and P2P transfers

American Express (NYSE: AXP) and PayPal (NASDAQ: PYPL), today announced an expanded strategic partnership that will improve the digital payments experience for U.S. American Express Card Members paying with PayPal and Venmo.

/Cards

Visa extends tokenization partnership with Netflix

Building on a pilot program that began in 2017, Visa (NYSE: V) today announced an expansion of Netflix’s use of the Visa Token Service, with a key focus of improving card-not-present authorization rates and enabling a more seamless and secure merchant and customer experience globally.

/Cards

Mastercard forms partnership with manufacturers to deploy greener cards

For many years, the idea of going green in payments has been limited to linking purchases and accounts with donations to environmental causes and carbon offsets.

/Cards

Card clash costing UK commuters £3.4 million a year

Double dipping is costing commuters over £3.4 million per year, according to the latest research from Commuter Club, the commuting subscription service.

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