Cards

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POS provider Appetize secures $20 million in Series B funding

Appetize, the modern point-of-sale (POS) company transforming foodservice and retail payment technology for major venues at scale, announced today that it raised $20 million in Series B funding.

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Mobile wallet providers join forces for unified QR payments in Singapore

Seven mobile wallets, acquirers and payment networks, including Diners Club, EZi Wallet, EZ-Link, Liquid Pay, Mastercard, UnionPay International and Wirecard, have formed a consortium to help push the adoption of a single QR code-based payment scheme in Singapore.

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Chile next in line for contactless travel with Mastercard

Moving toward a world beyond cash, Mastercard is partnering with cities and other technology companies to improve overall quality of life, while helping them manage their logistics in a more efficient way.

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PCI Council publishes security requirements for MPIN entry standard

Today the PCI Security Standards Council (PCI SSC) announced a new PCI Security Standard for software-based PIN entry on commercial off-the-shelf devices (COTS), such as smartphones and tablets.

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Radius Bank adds card control app

Today, Radius Bank took the next step in its ongoing dedication to the continual improvement of its customers' banking experience with the launch of Radius Card.

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First Data begins recruitment drive for new innovation centre in Ireland

First Data has begun recruitment for 150 technology engineers to staff a new research and development centre in Tipperary, Ireland.

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Bank of America debuts enhanced virtual payables for corporate clients

Bank of America Merrill Lynch (BofA Merrill) has launched an enhanced virtual card capability that uses application programming interface (API) to enable commercial purchasing clients to connect directly to the bank’s virtual card system.

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Small World FS selects Ingenico as global payments processor

Ingenico Group, the global leader in seamless payment, today announced that Small World Financial Services, the largest independent money transfer company in Europe, has selected Ingenico as its trusted payment processing partner to help expand its global footprint.

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Mastercard and USAID aim to turn refugee camps into digital communities

Mastercard and the U.S. Agency for International Development (USAID) today announced the launch of a public-private coalition that will bring together technology, solutions and experience from multiple sectors to transform refugee settlements into digitally-connected communities.

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Mastercard makes European biometrics push for online payments

From next April, online shoppers across Europe will be able to use biometrics, such as fingerprints or facial recognition, to identify themselves at the checkout when they pay with Mastercard.

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BofA Merrill Lynch boosts virtual card capabilities

Bank of America Merrill Lynch (BofA Merrill) has launched an enhanced virtual card capability that uses application programming interface (API) to enable commercial purchasing clients to connect directly to the bank’s virtual card system.

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Visa names Andrew Torre as Cemea lead

Visa Inc. (NYSE: V) has announced the appointment of Andrew Torre as Regional President for its Central and Eastern Europe, Middle East and Africa (CEMEA) region, based in Dubai.

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VietinBank to issue Diners Club cards with support of Compass Plus

Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), a leading commercial bank in Vietnam, has signed a partnership agreement to become the sole issuer of Diners Club cards in Vietnam.

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Ingenico to acquire New Zealand's Paymark

Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, today announced the signing of an agreement in order to acquire Paymark, a leading New Zealand payment network, for a global consideration of NZD 190 million.

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Consumer group calls on payments watchdog to stand up against ATM closures

Plans to shut down loss-making ATMs across Britain could leave hundreds of communities without ready access to cash, says consumer group Which?.

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Sbanken opens developer portal and invites customers to build their own digital bank

Norway's Sbanken has opened a developer portal through which customers can use a host of open APIs to build their own digital banking platforms, with the best efforts winning cash prizes.

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AmEx CEO Kenneth Chenault joins Facebook board

Facebook today announced that Kenneth I. Chenault, the CEO of American Express, has been appointed to the company’s board of directors, effective February 5, 2018.

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Monzo to disable prepaid cards in April

Our goal has always been to build the “best current account in the world”, dramatically improving people’s lives, making it easier to understand and manage your money and everything that touches it.

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Vantiv and Worldpay combine under Worldpay Inc banner

Vantiv, Inc., a leading provider of payment processing services and related technology solutions for merchants and financial institutions in the U.S., announced today that it has completed its acquisition of Worldpay Group plc, a leader in technology-led payment solutions.

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Europe passes new rules to give merchants more choice in card processing networks

The European Commission has issued new requirements that ensure independence of payment card schemes and processing entities, to enhance competition in the card payment market.