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Mastercard expands partnership with travel platform Agoda

Mastercard, a global technology company in the payments industry, is expanding its partnership with Agoda, a digital travel platform headquartered in Singapore.

Fed confirms plan to slash debit card fees

/payments

Fed confirms plan to slash debit card fees

The Federal Reserve has proposed lowering the debit interchange fees banks can charge merchants by nearly 30% and reviewing the cap every two years.

/payments

Idex Biometrics signs with Kona I for launch of recycled PVC and metal biometric payment cards

IDEX Biometrics partners with KONA I, a global smart card and technology platform company in South Korea, to deploy biometric payment cards across both recycled PVC and metal cards, for their bank clients worldwide.

Curve issues first credit card

/payments

Curve issues first credit card

All-in-one card app Curve has launched its first ever credit card in the UK, providing users with protection against problem purchases even when using a debit card.

/payments

CFPB: Credit card companies charged consumers more than $130 billion in interest and fees in 2022

The Consumer Financial Protection Bureau (CFPB) today released its biennial report to Congress on the consumer credit card market.

/payments

Elavon receives UK banking authorisation

Elavon Financial Services DAC, a wholly owned subsidiary of U.S. Bank, has been authorised as a licensed provider of financial services by the Bank of England.

/identity

Fed slaps Metropolitan Bank with $14.5 million fine for violation of customer ID rules

The Federal Reserve Board on Thursday issued an enforcement action and fined Metropolitan Commercial Bank, of New York, New York, approximately $14.5 million for violations of customer identification rules and for deficient third-party risk management practices relating to the bank's issuance of prepaid card accounts.

/payments

Marqeta unveils credit card platform

Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today introduced its new credit card issuing platform, adding intuitive credit card program management tools and creating a one-stop shop for launching consumer and commercial credit programs.

/payments

Visa to pilot launch AR Manager for virtual cards

Visa (NYSE: V), a global leader in payments, today announced the forthcoming pilot launch of Visa AR Manager, a new home-grown innovation that will reduce the friction commercial merchants experience with virtual card acceptance.

/security

Mastercard targets ‘friendly’ fraud to protect small businesses and merchants

Mastercard has announced its First-Party Trust program, with AI-powered insights, to combat the surging trend in first-party or 'friendly' fraud, where genuine transactions are mistakenly or intentionally challenged by cardholders.

/payments

Highnote adds consumer credit card products to payments suite

Highnote is proud to announce the expansion of our industry-leading debit, prepaid, and fleet issuing card platform to power consumer credit card products.

/payments

Ila Bank rolls out Samsung Wallet

ila Bank, the fast-growing digital mobile-only Bank powered by Bank ABC, has now made it possible for - its debit, credit, and prepaid cards customers to make payments through Samsung Wallet.

Fiserv opens the door to embedded finance

/payments

Fiserv opens the door to embedded finance

Fiserv is making a move into embedded finance, making capabilities from its merchant acceptance, banking, and card issuing businesses available to others through a set of APIs.

Citi alleviates corporate spend management in partnership with Navan

/payments

Citi alleviates corporate spend management in partnership with Navan

Citi is rolling out a new travel and expense management system for its US corporate clients in an attempt to fend off competition from a wave of cherry-picking fintech startups.

/people

Extend names Jonathan Bailey CTO

Extend, a leading virtual card and spend management platform, today announced two new leadership appointments. Danny Morrow, Extend’s co-founder, will transition to the role of chief innovation officer after serving as CTO since the company’s inception in 2016.

/payments

Curve selects Nuvei to support international expansion

Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has been selected by Curve, the fast-growing financial super app that consolidates your cards into one smart card, to provide card acquiring and alternative payment methods (APMs) for consumer transfer of funds to and from their Curve digital wallet.

Fed expected to lower debit card fee cap

/payments

Fed expected to lower debit card fee cap

The Federal Reserve is expected to propose lowering the debit interchange fees banks can charge merchants.

/payments

Pemos teams with Mastercard to fuel UAE’s SME sector

Mastercard and Pemo, a UAE-based fintech startup that supports businesses across the Middle East, North Africa and Pakistan (MENAP), have initiated a strategic partnership to promote cashless, flexible expense management for small and medium-sized businesses (SMEs) in the UAE.

/payments

Mastercard uses AI to sharpen payment resiliency

With the relentless demand on banks to maintain consumer trust in an ever-evolving payments landscape, Mastercard has launched a new suite of enhanced solutions using game-changing AI to help them make good on the promise of ‘always-on’ payments.

/payments

Lipa Payments SoftPOS certified by Mastercard and Visa

Lipa Payments (Lipa), a leading fintech in the world of contactless payments, proudly announces its official listing on the Visa and Mastercard SoftPOS certified partners websites.

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