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NYC subway security hole lets people use card info to track journeys

/security

NYC subway security hole lets people use card info to track journeys

A security flaw with the New York subway's contactless payments system lets people with a rider's credit card details see their travel history.

/payments

Debit cards reign supreme amid proliferation of POS payment options

Whether consumers have swiped, tapped, dipped, waved a wrist or held a device near a card reader at a retail location in recent months, the chances are good that they’ve used some form of digital, point-of-sale (POS) payment option in addition to cash.

Visa and Mastercard plan credit card fee increases - WSJ

/payments

Visa and Mastercard plan credit card fee increases - WSJ

Mastercard and Visa are preparing to raise credit card fees in a move that could cost merchants an extra half a billion dollars a year, according to the Wall Street Journal.

UK sees record month for open banking payments

/payments

UK sees record month for open banking payments

Brits made 11.4 million open banking payments in July, a nine percent rise on the previous month.

/payments

IDEX Biometrics gets Mastercard certification

IDEX Biometrics has successfully completed the full Mastercard certification and received Conformity Compliance Statement (CCS) for its IDEX Biometrics Payment Card solution.

/people

Marqeta appoints Heather Gantt-Evans CISO

Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced the appointment of Heather Gantt-Evans as its Chief Information Security Officer (CISO). Gantt-Evans is a previous security and risk management leader at SailPoint, The Home Depot and Ernst & Young, and will be responsible for overseeing Marqeta’s global corporate and product security strategies.

/inclusion

Mastercard and Ingiz collaborate to boost financial literacy and inclusion among Egypt's youth

Mastercard has announced a strategic partnership with Ingiz, a family financial management start-up in Egypt supported by Masria Digital Payments, to launch a cutting-edge digital payments application designed to drive financial literacy and inclusion among Egypt’s youth.

BMO launches mobile wallet for virtual cards

/payments

BMO launches mobile wallet for virtual cards

BMO Commercial Bank has joined forces with Mastercard and Extend to give clients the power to create and push virtual cards to their employees' mobile wallets.

/payments

Marqeta signs Giftbit, Vivian and Whistle

Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced new embedded finance customers Giftbit, Vivian and Whistle, showcasing how Marqeta’s platform enables non-financial services customers to integrate embedded banking and payment solutions into their products.

/retail

Current creates credit building card with Cross River

Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, and Current, a premier U.S. fintech platform dedicated to empowering Americans in their pursuit of a brighter financial future, today announced the launch of a new credit building product.

/payments

International card networks link with Alipay for Asian Games

International card networks, including Visa, Mastercard, JCB, Discover Global Network, are launching a major campaign with Alipay, the leading digital payment and lifestyle service platform in China, to further enhance international visitors’ mobile payment and travel experience in the country on the 30-day countdown to the Asian Games.

/payments

Zorrz to launch credit card with inbuilt BNPL functionality

UK fintech Zorrz Finance and Swedish fintech Sileon, specialised in card-based Buy Now, Pay Later (BNPL) functionality, have announced a partnership to enable more consumers to access BNPL solutions.

New Jersey limits merchant fees that penalise card holders

/payments

New Jersey limits merchant fees that penalise card holders

Rule makers in New Jersey have passed a bill that limits the surcharge applied by merchants and passed on to consumers who want to pay with a card over cash.

JP Morgan offers merchants Tap to Pay on iPhone

/payments

JP Morgan offers merchants Tap to Pay on iPhone

JP Morgan is rolling out support for Apple's Tap to Pay to its US merchant clients, with beauty giant Sephora the first retailer out of the gate.

/payments

FNBO institutes digital card issuance

FNBO has announced the launch of its instant digital issuance capabilities in partnership with Visa, a world leader in digital payments.

/payments

SumUp switches on Apple's Tap to Pay

Tap to Pay on iPhone is now available for SumUp customers in the UK and Netherlands.

/payments

CBA brings contactless transit payments to Victorians

Victorian commuters are set to enjoy a next generation ticketing system facilitated by the Commonwealth Bank.

/security

Dock partners Feedzai to bring fraud prevention tools to LatAm businesses

Dock, a B2B leader in payments and banking technology in Latin America, announced a partnership with Feedzai, a global leader in fraud and money laundering prevention, to provide new options for security solutions to Dock customers and expand access to this cutting-edge technology in Latin America to companies of all sizes.

/payments

UAE-based Qashio partners Mastercard on corporate credit cards

Mastercard, a global technology company, is partnering with UAE-founded spend management fintech company Qashio to launch corporate credit cards, while enabling them with virtual issuance capabilities across the region.

/payments

AstroPay selected as Tottenham Hotspur's official payment partner

Tottenham Hotspur has today announced AstroPay, a leading fintech company and the preferred sports-focused payment solution for millions worldwide, as its Official Payment Partner.

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