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Affirm secures $200 million funding round

Affirm, Inc., the company started by serial entrepreneur Max Levchin to provide fair and honest financial services, today announced it raised $200 million Series E round of funding bringing total equity funding to date to approximately $450 million.

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Gemalto rejects Atos takeover approach

Gemalto N.V. (the Company) announces that it has rejected the unsolicited and conditional proposal by Atos SE (Atos) for a possible recommended cash offer for all issued and outstanding shares of the Company at an offer price of EUR46 per share (cum dividend) set forth in letters received from Atos on 28 November, 8 December and 11 December 2017, and as announced by Atos on 11 December 2017 (the Proposal).

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Wirecard connects merchants to Mastercard's Pay by Bank app

Today, Wirecard and Mastercard made Pay by Bank app, a fully digital payment solution, available to all Wirecard merchants in the UK.

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Diebold Nixdorf CEO Andy Mattes steps down

Diebold Nixdorf (NYSE: DBD) today announced that Andreas "Andy" W. Mattes is stepping down from his position as president and chief executive officer (CEO) effective immediately.

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Visa and Judopay strike in-app payments agreement

Judopay, the m-commerce payments platform today announced a partnership with Visa to utilise the CyberSource payment management solution to offer consumers a more seamless digital payment experience, and greater choice in how they pay in mobile—via payment cards, card-on-file, wallets and at the point-of-sale.

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Indonesia goes chip With OpenWay

Bank Muamalat Indonesia (BMI), one of the leading Islamic banking providers in the country, is now fully compliant with the National Standard Indonesian Chip Card Specification (NCICCS) on both the issuing and acquiring side.

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CBA to roll out 'tap-on-phone' contactless payments

Commonwealth Bank of Australia business customers will soon be able to accept a payment by simply tapping their phone with a contactless card or mobile wallet.

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Mastercard Assembles tech for millennials

In our fast-paced lives, each one of us is juggling a lot – careers, relationships, social events, families, the list is endless.

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AmEx ditches signatures

American Express (NYSE: AXP) today announced it is eliminating the requirement for merchants to collect Card Members’ signatures for all purchase transactions at the point of sale beginning in April 2018.

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Credit Agricole and Wirecard forge e-payment and acquiring partnership

Crédit Agricole Payment Services and Wirecard announced today that they have signed a letter of intent to enter into exclusive negotiations to conclude a partnership to offer an innovative and differentiated service offering based on a high-performance technology in the field of electronic payment acceptance and acquiring.

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Payment Systems Regulator monitors Link ATM plans

We know that consumers value the ability to access cash through a widely spread geographic network of free-to-use ATMs.

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SoFi partners WSFS Bank for cash management account

US online lender SoFi is gearing up to launch a cash management account early next year after inking a payment processing and debit card sponsorship agreement with WSFS Bank.

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Ingenico acquires Taiwan's Airlink

Ingenico Group (Euronext: FR0000125346 – ING), the global leader in seamless payment, today announced the acquisition of Airlink, a leading value added reseller in Taiwan.

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See, hear, feel: Visa rolls out 'sensory branding'

In an ever-expanding universe of connected, payments-enabled devices, Visa is looking to reassure consumers (and promote itself) with a "sensory branding" programme that will use sound, animation and haptic cues to signify completed transactions.

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Thales secures Kashing mPOS

Thales, a leader in critical information systems, cybersecurity and data security, announces Kashing Ltd., a provider of digital payment services for independent merchants, is deploying the Thales payShield 9000 hardware security module (HSM) to secure its online e-commerce and mPOS card reader.

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59% of card-present transactions globally Use EMV chip technology

Technical body EMVCo has published transaction data showing that 58.9% of card-present contact and contactless transactions globally were EMV®-enabled between July 2016 and June 2017.

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ANZ bolsters wearable payment options with Garmin Pay

ANZ today announced its customers could now use Garmin Pay to make purchases on the go after the bank signed a partnership with the global wearables brand.

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Garmin Pay expanded to Visa cardholders

Garmin International, Inc.(NASDAQ: GRMN) and Fit Pay, Inc., a wholly owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD), today announced that the Garmin PayTM contactless payment feature is now available for eligible Visa credit, debit and prepaid accounts from many of the network's major participating issuing banks.

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Ingenico and Crédit Mutuel demonstrate American Express card acceptance on nexo standard

Ingenico Group (Euronext: FR0000125346 – ING), the global leader in seamless payment, American Express and Crédit Mutuel-CM11* Group today announced the successful completion of a card payment acceptance proof-of-concept, based on the latest nexo-FAST terminal specifications, for both contact and contactless American Express card transactions.

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Fiserv scores debit card contact wins

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today it has been selected by Boiling Springs Savings Bank and North Shore Trust and Savings to provide debit card, ATM processing, fraud mitigation solutions and Accel® debit payments network from Fiserv.