Cards

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/Cards

One-quarter of Europeans ready to try out wearable payments

The overwhelming popularity of contactless cards is peaking shopper interest in new form factors, as fresh research from Mastercard suggests that one-quarter of Europeans expect to start using tap-and-go payments with a smartwatch, bracelet, keyring or other forms of wearable payments.

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Greenlight raises $16m for kids' debit card

Greenlight Financial Technology, the startup behind an app and debit card for kids and college students, has raised $16 million in a Series A funding round joined by SunTrust Bank, Ally Financial and the Amazon Alexa Fund.

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Coinsquare partners Processing.com

Processing.com, a global payment solutions provider, has today announced it will be partnering with Coinsquare, one of Canada’s leading digital currency trading platforms.

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Degussa Bank connects with Giromatch for faster loan decisions

Germany's Degussa Bank is to use a white-labeled direct API-based connection to local fintech startup Giromatch to provide clients with faster loan decisions and flexible re-payment terms.

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Stack picks i2c for mobile money management platform

Stack today announced its selection of i2c, a global provider of smarter payments and integrated commerce solutions, as its official payments processor to enable secure payments through the STACK app and the Stack Prepaid Mastercard card.

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NMI to buy Creditcall

Creditcall, an omni-channel payment gateway and EMV solutions provider, today announces it has signed a definitive agreement to be acquired by NMI, a leading provider of payments enablement technology for independent sales organisations (ISOs), independent software vendors (ISVs), value-added resellers (VARs) and Payment Facilitators.

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Starling Bank moves into merchant acquiring

Starling Bank is to expand its payment services business and will become the first UK challenger bank to offer Merchant Acquiring services.

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FIS to create test tools for nexo standards

nexo standards today announces its agreement with FIS to develop a suite of test tools that will allow vendors, acquirers and processors to test the compliance of their payment systems and devices with nexo’s payment acceptance messaging standards and specifications, significantly reducing time to service launch and minimizing unexpected delays during the certification process.

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Tandem issues cash-back credit card as first product

Tandem, the Good Bank, has released a credit card that offers cashback and travel benefits for users.

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Soldo integrates with Starling Bank API for Faster Payments

Soldo, the London-based FinTech solving the challenge of automating, delegating and controlling company spending, has today announced an integration with Starling Bank, the digital-only challenger bank. The move brings significant advantages to business users who will be able to automate sending company money and receiving payments.

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Coinbase and Visa at loggerheads over erroneous charges on customer crypto accounts

Digital currency exchange Coinbase has blamed bank and credit card company meddling for a recent spate of erroneous charges against customer accounts, an allegation rejected by Visa.

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Mexico's Banca Afirme launches corporate credit card with Wirecard

Afirme will launch its new corporate debit card ‘Afirme E-fectiva’ in Mexico in collaboration with Wirecard, the international provider of digital financial technology based in Germany.

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Ingenico trials contactless charity donation screens

Ingenico Group, the global leader in seamless payment, has today confirmed that it has successfully supported the NSPCC in raising an incredible £15k at The Card and Payments Awards (TCPA), the premier awards evening for the UK and Irish card and payments industry on the 1st of February.

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Commonwealth Bank of Australia latest to block purchase of cryptocurrenies on credit cards

Virtual and crypto-currencies such as Bitcoin have yet to meet a minimum standard of regulation, reliability, and reputation.

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Nexo standards win confidence of EU card stakeholder group

nexo standards, the open, global association dedicated to removing the barriers present in today’s fragmented global card payment acceptance ecosystem, has become the first industry body to be labelled as conformant to the European Card Stakeholders Group (ECSG) SEPA Cards Standardization Volume Version 8.0.

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ECB launches staunch defence of cash

European Central Bank executive board member Yves Mersch has given a spirited defence of cash, praising its ability to facilitate privacy, equality and security, insisting there is "no viable alternative" to the humble euro banknote.

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Payworks closes $14.5 million Series B financing round

Payment technology company, Payworks, announced today the successful completion of a $14.5M Series B Financing round.

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Revolut expands into Apac region

Global Processing Services (GPS), part of Rt. Hon. Lord Mayor of the City of London’s UK Business delegation which are currently in Australia this week; announces today that it has been selected to be the payment issuer processor for multi-currency FX money app Revolut, for the future launch of their app in the APAC region starting with New Zealand, Singapore and Japan.

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Alpine festival Snowboxx goes cashless with Visa and iZettle

Visa Inc. (NYSE: V) today announced that it will sponsor European snow and music festival, Snowboxx, in France, as the event’s ‘Official Payment Partner.’ Together with its partner, iZettle, Visa will transform the payments landscape at Snowboxx – aiming to help 100 percent of the festival’s merchants accept card, mobile and contactless payments.

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Mypinpad aligns PIN on Mobile service with new PCI standard

Following the release of PCI SSC’s new standard for software-based PIN entry on mobile devices for card payment acceptance, MYPINPAD, a global leader in payments software authentication solutions, has launched its revolutionary ‘PIN on Mobile’ product; MPES.