Cards

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Bank of Ireland hit by debit card failure

Customers of the bank of Ireland were hit with a debit card glitch on Thursday that left them unable to withdraw money or pay for goods.

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Barclaycard launches co-branded business trade card in the UK

Barclaycard, which has helped make businesses successful for more than 50 years, is partnering with selected companies of the Travis Perkins Group to launch a new range of co-branded business credit cards. The rollout of the new cards kicks off with Travis Perkins and Toolstation this month.

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Worldpay unveils AuthMax to boost card approval rates for online sellers

Vantiv, now Worldpay, Inc. (NYSE: WP), today unveiled AuthMax™, a new authorization solution that is designed to increase credit and debit card approval rates for eCommerce merchants based in the U.S. by analyzing transaction data and applying behavior-driven rules.

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Alfa-bank Belarus completes migration to OpenWay platform

Alfa-Bank Belarus, part of the Alfa-Bank Group valued at $44 billion in total assets, has completed its migration to the WAY4 platform by OpenWay, a top-ranked digital payment software provider.

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Euro cops bust 95 criminals responsible for EUR8 million in online fraud

Police forces across Europe have made over 95 arrests of criminals who set up fake Web shops offering too-good-to-be-true product prices as a front for stealing card details.

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Wirecard to enter the digital fleet card market together with Visa

Wirecard, the leading innovation driver of digital financial technology, announces a new fleet card program, to provide consumers, businesses, banks and oil companies with the first fully digital open loop fleet card solution.

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MatchMove enables first contactless prepaid Mastercard in South Asia

MatchMove, one of the world’s fastest growing and most disruptive fintech companies, announced today that it has enabled the first contactless prepaid Mastercard in South Asia.

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French POS outfit Tiller raises EUR12m

We have just raised 12 million euros and would like to share this great news with you. Here is what we will do with it.

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NCR and TCS forge alliance

NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today announced that it has formed a strategic alliance with Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization.

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Interac opens innovation lab

Canadian debit network Interac has opened an innovation outpost and accelerator at Communitech, a tech hub based in the city of Kitchener, Ontario.

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Payments Canada names Andrew McCormack VP, payments and technology

Payments Canada today announced the appointment of Andrew McCormack to Vice President, Payments & Technology, joining Chief Risk Officer, Peter Dodicas newcomers to the organization’s executive leadership team.

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Visa says 5.2m payments failed during 10 hour outage

More than five million transactions across Europe failed during Visa's 10 hour outage earlier this month, but the company's response has satisfied UK politicians probing the incident.

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Startup card company Brex moves out of stealth

Fintech foundling Brex has emerged from stealth mode on the back of a $57 million funding round to deliver corporate card services for early-stage startups

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Nets to acquire Poland's Dotpay/eCard

Denmark's Nets is to expand into Poland through a EUR73 million acquisition of online payment providers Dotpay/eCard.

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Charity arts trail goes contactless with Creditcall

17 out of 67 sculptures, which collectively form the ‘Gromit Unleashed 2’ arts trail running throughout Bristol and surrounding area, will be equipped with unattended contactless acceptance terminals enabling visitors to donate quickly and conveniently to The Grand Appeal by choosing from three fixed-value contactless options of £2, £5, or £10.1

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Penta tackles expense management with Team Access card

Digital banking fintech Penta has launched a new product called, Team Access.

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JCB enables Apple Pay for Taiwanese market

JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd, today brings its customers Apple Pay in Taiwan, which is transforming mobile payments with an easy, secure and private way to pay that's fast and convenient.

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GPS raises £44 million to fund international growth

Global Processing Services, which provides the backbone card processing tech for a host of fintech startups and challenger banks in the UK, has raised £44 million to fund plans for international expansion.

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Shift to digital economy in Australia accelerating

The latest Digital Economy report released today by Australian Payments Network (AusPayNet), the payments industry self-regulatory body, shows Australia’s shift to a digital economy is accelerating, with digital payments increasing rapidly while cash and cheques decline.

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SIX Payment Services extends partnership with Bancontact

After five years of operating through SIX, the domestic Belgian card scheme Bancontact sees its vision of a genuinely competitive landscape and real choice for merchants become reality.