Latest Cards News: Finextra Research

Company update/Cards

Fime personalization validation tool accredited by UnionPay

FIME’s personalization validation tool (PVT) has been qualified by UnionPay to deliver PVT testing for its domestic and international markets.

02 July 2018

Company update/Cards

Milan subway goes contactless

SIA has created the digital platform that enables passengers to pay for tickets in ATM’s urban and extra-urban underground network directly at the turnstiles in a simple, fast and secure manner using MasterCard and Visa contactless cards.

29 June 2018

News/Cards

Cash machine fee row heats up

Consumer champion Which? is calling for regulatory intervention to halt the closure of cash machines across the UK as banks and convenience stores re-assess the commercial viability of their networks under a new charging model which takes effect next week.

29 June 2018

News/Cards

Visa and Mastercard near $6.5bn interchange settlement - WSJ

Visa, Mastercard and some of America's biggest banks look set to pay merchants around $6.5 billion to settle a long-running battle over interchange fees, according to the Wall Street Journal.

28 June 2018

News/Cards

Ticketmaster confirms data breach three months after warning from banks

Ticketmaster has gone public on a data breach affecting the personal and payment card details of 40,000 customers, despite being warned about suspicious activity on customer cards back in April.

28 June 2018

Company update/Cards

Indian ATM industry lobby says banks should bear the cost of upgrading machines to meet RBI rules

The Confederation of ATM Industry (CATMi), while welcoming the Reserve Bank of India (RBI) notification dated 21st June mandating control measures for ATMs, has proposed that the banks should bear the additional expenses on security for all ATMs branded in bank’s name.

27 June 2018

Company update/Cards

Amazon chooses AmEx for small business credit card

American Express (NYSE: AXP) today announced plans to launch a new cobranded Amazon credit card for small businesses in the U.S.

27 June 2018

Finextra TV/Cards

Making payments fraud less attractive to fraudsters

Liam Cooney, Vice President, Global Head of Market Development & Sales, Vocalink Analytics (a Mastercard company), talks at EBAday 2018 about the key trends in payments fraud , how fraudsters are taking advantage of the global adoption of real-time payments and what strategies and techniques can be used to combat these threats.

26 June 2018

Company update/Cards

Five Degrees and BillPro launch cross-border digital banking services

Five Degrees, the Dutch Fintech in digital banking software, and BillPro, a leading international provider of payment solutions for businesses launches a digital cross-border banking offer in Europe.

26 June 2018

Company update/Cards

IN2Retail selects CashFlows to support ATM roll-out in the Netherlands and Ireland

CashFlows today announced that it has been selected by IN2Retail, a fast growing provider of ATM payment solutions, to provide BIN sponsorship for its ATM estate in the Netherlands and Ireland.

26 June 2018

News/Cards

Picture this: Instagram Payments

Roger Niederer, head merchant services of SIX Payment Services runs the rule over Instagram's forthcoming in-app payments service.

26 June 2018

News/Cards

Venmo launches debit card

PayPal's hugely popular P2P payments app Venmo is looking to conquer the high street through the introduction of a Mastercard debit card.

25 June 2018

Company update/Cards

One-in-four EU merchants have experienced data theft

1 in 4 European merchants in the retail, travel and hospitality, and digital goods sector (26 percent) has experienced data theft and the majority (61 percent) believe they are at greater risk of a data security breach today than they were a year ago, according to new benchmark data from the 2018 Global Payments Insight Survey: Merchants published by ACI Worldwide (NASDAQ: ACIW) and Ovum.

25 June 2018

Company update/Cards

Mobeewave signs National Bank of Canada for mobile POS

National Bank is proud to announce that its SME clients can now use National Bank Easy Pay (“Easy Pay”), a mobile point-of-sale solution powered by Montreal fintech Mobeewave.

25 June 2018

News/Cards

RBI tires of slow progress by banks in switching off XP-based ATMs

The Reserve Bank of India has given the nation's banks a one-year deadline to migrate ATMs away from the Microsoft XP operating system, more than five years after support for the O/S was switched off by the Redmond-based tech giant.

25 June 2018

Company update/Cards

National Bank launches mPOS offering

National Bank is proud to announce that its SME clients can now use National Bank Easy Pay ("Easy Pay"), a mobile point-of-sale solution powered by Montreal fintech Mobeewave.

22 June 2018

News/Cards

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.

22 June 2018

Company update/Cards

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.

21 June 2018

Company update/Cards

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.

21 June 2018

Company update/Cards

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.

21 June 2018