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News/Cards
Looking to drum up support in the SME market, Bank of Queensland is to distribute Square card-reading devices and $1000 in free processing to all new small business customers.
17 July 2018
Company update/Cards
Visa (NYSE: V), the Official Payment Services Partner of FIFA, today released an analysis of spending inside the 2018 FIFA World Cup Russia stadiums from the opening match on June 14 through the semi-finals on July 11.
nexo standards, the international industry association dedicated to enabling fast, interoperable and borderless payments acceptance, today announced that Discover Global Network has joined its membership as a Principal Member.
ATM network operator Link has pulled back from a plan for a progressive ramping up of interchange fees after outrage from consumer groups over an apparent acceleration in ATM closures across the UK.
16 July 2018
London's PPRO Group has received a $50 million boost in a funding round led by PayPal, with participation from Citi Ventures and return investor HPE Growth Capital.
Commercial Bank of Dubai (CBD) and Network International, the leading payment solutions provider in the Middle East and Africa, recently signed an agreement to provide Network International’s bespoke acquiring processing solutions to CBD’s wholesale banking clients.
POSDATA Group, Inc., the premier North American distributor of secure payment solutions, today announced the hiring of industry veteran Chrissy Ouellette as senior director of payments and business development.
Mastercard is looking to put its Vocalink assets to work, partnering Worldpay to push the 'Pay by Bank' app that lets British online shoppers bypass the card giant's own network.
SIA, a European hi-tech firm leader in the payment services and infrastructures sector, has today signed a financing contract to support the acquisition of First Data’s business in a number of countries in Central and Southeastern Europe.
13 July 2018
Diebold Nixdorf (NYSE: DBD), a world leader in driving connected commerce, today announced a partnership with Mastercard (NYSE: MA) to deliver an industry-defining, managed solution for the banking and retail sectors.
On 13th July 2018, the newly renovated Generali Arena in Vienna will have its official opening.
Mastercard has followed Visa in suffering an intermittent outage that caused some card payments to be denied overnight.
IBM (NYSE: IBM) Security today announced the results of a global study examining the full financial impact of a data breach on a company's bottom line.
Paidy, a Japanese startup that helps people make online purchases without a credit card, has raised $55 million in a Series C funding round led by Itochu Corporation and joined by Goldman Sachs.
12 July 2018
Jack Henry & Associates today announced that 66 financial institutions have migrated to JHA Card Processing Solutions (CPS), its full service and in-house transaction processing platform.
11 July 2018
Visa (NYSE:V) today announced the launch of Visa Loyalty Solutions (VLS), an omnichannel digital points redemption platform available to all issuing banks in Latin America and the Caribbean (LAC) and offering consumers more than a quarter of a million redemption options. Visa Loyalty Solutions was co-created by Visa LAC in collaboration with global FinTech and InsurTech company novae.
Nordic bank Handelsbanken is entering the wearable payments market, trialling a micro contactless card that can be put into a wristband, bracelet, watch strap or keyring.
Toast, the fastest-growing restaurant management platform in the U.S., today announced $115 million in Series D funding to accelerate investment in research and development, recruit new talent, and expand its market presence.
10 July 2018
Prepaid Technologies, a leading provider of payment and rewards solutions announced multiple leadership changes today. Long-time prepaid industry executive Steve Fussell was hired as president and former president Stephen Faust has been promoted to CEO.
Today Mastercard announced that it is partnering with Florida Capital Bank, N.A. to facilitate efficient, near real-time disbursements of funds to all branded debit cards in the U.S. by integrating Mastercard Send.
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