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Acorns adds Foodora to investment menu

Investment app Acorns has added food delivery service Foodora to its growing list of brand partners for its rewards program, Found Money.

Fintech Pavillion to host Europe's top startups at EBAday 2017

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Fintech Pavillion to host Europe's top startups at EBAday 2017

Finextra and the Euro Banking Association are inviting some of Europe's most promising early-stage startups to present their ideas to banking delegates attending EBAday 2017, Europe's leading payments and transaction banking event.

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Hospitality group Benchmark warns of data breach

BENCHMARK®, a global hospitality company, is providing notice of a payment card incident that may have affected guests of the individually owned Santa Barbara Beach & Golf Resort, Doral Arrowwood, Eaglewood Resort & Spa, The Chattanoogan, Willows Lodge and Turtle Bay Resort properties that Benchmark manages.

Current preps debit card and app for kids

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Current preps debit card and app for kids

US fintech startup Current has raised $3.6 million as it prepares to roll out an app and card-based allowance management service for parents and their kids.

Verifone investigates network breach - Krebs

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Verifone investigates network breach - Krebs

Point-of-sale terminal maker Verifone is investigating an internal network breach that may have affected several firms using its hardware, according to the Krebs on Security blog.

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Kofax reports major bank win for mobile capture tech

Kofax, a leading provider of software to simplify and transform the First Mile™ of business, today announced that a top 10 global bank has deployed the Kofax Mobile Credit and Debit Card Framework and the Kofax Mobile Capture™ Platform to allow customers to activate new credit cards by taking a picture of the card using the bank’s mobile app.

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Optal to acquire Invapay

Global business-to-business payment solutions provider and virtual card specialist Optal, today announced the acquisition of innovative payments company Invapay, in a deal which will significantly expand Optal's capabilities in the global corporate payments space.

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SIX sells Commercial Issuing Business in Austria to easybank

SIX and easybankannounce that SIX will sell itsCommercial Issuing business (the Issuing of credit and prepaid cards) in Austria together with the Issuing Support for Austrian banks to easybank.

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First Data and Fleetcor merge gift card assets

First Data (NYSE: FDC), a global leader in commerce-enabling technology, and FLEETCOR Technologies Inc. (NYSE: FLT), a leading global provider of fuel cards and workforce payment products to businesses, today announced the formation of a joint venture that will consolidate their various gift solutions to drive new value for their clients.

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Hong Kong’s Gini launches customer loyalty app with eWise

Gini has chosen data-aggregation specialist eWise to deliver Hong Kong’s first ever customer relationship management platform to create customer loyalty programs through the secure aggregation of end-user’s credit cards and bank accounts.

Monzo to move card processing inhouse following outage

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Monzo to move card processing inhouse following outage

Digital challenger Monzo is to move card processing inhouse after a severe outage at its current third party service provider left customers high and dry for most of Sunday.

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Online banking platform Wirex secures $3 Million in Series A Funding

Wirex Limited, the global online banking platform announced the completion of $3 million in Series A funding obtained from the SBI Group, a leading financial services firm in Japan.

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TA Associates takes mintory stake in Nigeria's Interswitch

TA Associates, a leading global growth private equity firm, today announced it has acquired a minority equity interest in Interswitch, an Africa-focused integrated digital payments and commerce company. Financial terms of the transaction were not disclosed.

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Former Barclaycard risk expert Sean Neary joins Featurespace

Sean Neary has joined Featurespace as a Subject Matter Expert in Financial Services risk management.

Overlay skimmers found on Ingenico card readers

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Overlay skimmers found on Ingenico card readers

Crooks in the US are targeting Ingenico card readers at shop self-checkout lanes, placing overlay skimming devices on the machines to steal data and PINs.

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Ally Bank rolls out debit card controls mobile app

Ally Bank, the direct banking subsidiary of Ally Financial Inc. (ALLY), today announced the launch of a new service that will allow debit card customers to set control preferences to match their desired usage profile and change them instantly when needed, all with a touch on a smartphone app.

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Tyndall FCU signs with Vantiv for card processing

Vantiv, Inc. (VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, announced today a new partnership with Tyndall Federal Credit Union, one of the largest credit unions in Florida, with more than $1.3 billion assets, for a full suite of payment processing.

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Mastercard and ACI Worldwide settle legal dispute

ACI Worldwide (ACIW), a leading global provider of real-time electronic payment and banking solutions, has reached an agreement with MasterCard Technologies, LLC, and MasterCard International Incorporated, in which MasterCard has purchased from ACI and ACI has granted to MasterCard a perpetual license relating to components of NET24-XPNET™ middleware on the MasterCard debit switch.

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Supermarket contactless spending rockets

Data released by Barclaycard today as part of its latest Contactless Spending Index shows supermarket shoppers are increasingly turning to ‘touch and go’ as their payment method of choice when making purchases up to the value of £30.

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UK card payments continued upward trend in 2016

Consumers spent £647 billion using payment cards in 2016, new figures show.

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