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Mastercard and US Bank to pilot connected car payments

Today, company car drivers have to manually enter in their driver ID and odometer reading every time they use a fleet card to pay at the pump. This can lead to mistakes and potential overspending on fuel.

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Stripe and JCB sign MoU

Stripe, Inc. and JCB Co., Ltd. announced the signing of an MOU for a global partnership aiming for JCB brand acceptance at all internet merchants using the Stripe payment platform.

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The ai Corporation and QPS build payments gateway

The ai Corporation (ai), an FCA approved expert in payments, fraud and risk management, and Quatrro Processing, a leading international payment processor, today announced the launch of QPS, a next generation, artificial intelligence powered payments processing solution.

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Plastiq raises $27m

Plastiq, the best way to pay your bills and business expenses by credit card, today announced it has raised $27 million in additional financing from Atlas Venture, Khosla Ventures and Top Tier Capital Partners.

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National Bank of Kuwait to introduce selfie pay and biometric cards from Mastercard

Answering the market’s growing demand for increased convenience and security associated with biometric technology, National Bank of Kuwait and Mastercard announced two pioneering biometric solutions designed to improve online and in-store shopping at a press conference held at NBK Head.

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Dimebox releases machine learning fraud predictor

Dimebox, the only full-stack white-label acquiring platform in the world, has announced the release of a proprietary fraud predictor service based on machine learning.

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Retailers risk frustrating online shoppers with out-of-date payment technology

New research from Barclaycard reveals that more than seven in ten retailers (72 per cent) haven’t introduced any new payment technology to their websites over the last two years*, despite consumer demand for a quick and convenient check-out process.

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Paya and CardFlight team up

Paya (pie-ya), a provider of simple, secure technology that enables fast and efficient payments for all businesses, and CardFlight, the leading mobile POS and SaaS payment technology company, announced today that Paya is now offering CardFlight’s SwipeSimple payment acceptance solutions to its merchants.

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Car rental firm Sixt overhauls payments with Computop

The international mobility service provider Sixt has restructured its customer payment processes. Computop, one of the leading payment service providers, is the central service provider for customer payments from all channels and all of Sixt’s corporate countries.

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Concardis hires Deutsche Bank digital head Brendel as CIO

Just a few days after its founding, Concardis Payment Group is announcing another key addition to the team: Jana Brendel, who was until now the Head of Digital Solutions at Deutsche Bank AG, is to take on the role of Chief Information Officer for Concardis Payment Group on 1 July 2018.

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McDonald’s selects Ingenico as long-term payments provider

McDonald’s, along with its franchisees, in the UK and Ireland has selected Ingenico Group, the global leader in seamless payment, to handle the growth in demand for cashless transactions for the next five years.

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Consumer disputes and chargebacks created $31 billion in financial losses in 2017

Today, Verifi issued a new report that highlights the urgent need for collaboration between merchants, issuing banks and consumers.

Worldline to acquire SIX Payment Services

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Worldline to acquire SIX Payment Services

Wordline is to acquire the payments service business of Switzerland's SIX Group in a deal which values the cards unit at $2.75 billion.

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Restaurant chain Chili's reports data breach

On May 11th, 2018, we learned that payment card information of some of our Guests who visited certain Chili's® Grill & Bar corporate-owned restaurants have been compromised in a data incident.

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Capital One buys digital identity outfit Confyrm

Startups are formed for many reasons — sometimes it is because there is a challenge that needs to be tackled, and it requires a scrappy little startup to prove that we can make a difference.

NYPD summons the Skim Reaper

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NYPD summons the Skim Reaper

The New York Police Department (NYPD) has begun trialling a new tool, dubbed the "Skim Reaper", that can quickly detect if an ATM or gas pump has been compromised by skimmers.

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Paysend launches Global Account with smart card and cryptocurrency functionality

Payments disrupter Paysend opened pre-registration for its new platform this week, with a headline feature of a new smart card allowing customers to select and spend from any currency.

Apple partners Goldman Sachs on credit card - WSJ

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Apple partners Goldman Sachs on credit card - WSJ

Apple is teaming up with Goldman Sachs to launch an Apple Pay-branded credit card next year, according to the Wall Street Journal.

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Visa and PayPal extend collaboration pact to Canada

Visa (NYSE: V) and PayPal (Nasdaq: PYPL) today announced an extension of their strategic partnership to Canada that will see them work collaboratively to accelerate the adoption of secure, reliable and convenient digital and mobile payments for consumers and merchants in Canada.

Starling Bank calls time on contactless payments

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Starling Bank calls time on contactless payments

Starling Bank has added a range of Garmin smartwatches to its growing roster of contactless payment devices.

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