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Ecommpay now offers local acquiring in the US

Ecommpay, a leading international payment service provider and UK and European direct bank card acquirer, now offers local acquiring in the US, enabling UK and EU merchants the ability to expand into North America.

/payments

Recharge makes corporate gifting play

Recharge, a leader in the prepaid payments industry, is excited to announce its entry into the B2B market with the pilot of a new service.

/Cards

Toronto Transit Commission rolls out debit and credit card payments

The TTC is reminding customers that starting tomorrow, Tues., Aug. 15, adult single use fares can be paid for at subway station fare gates, and on board all streetcars, buses and Wheel-Trans vehicles, with the tap of a debit or credit card, including with cards on a smartphone or smartwatch.

Revolut prioritises financial inclusion in expansion into LATAM

/payments

Revolut prioritises financial inclusion in expansion into LATAM

Revolut is offering Revolut Lite in Latin American countries to make cross-border transactions and transfers more accessible to the unbanked.

/payments

Unicard acquires Ecebs digital ticketing business from Visa

Unicard LTD, an established provider of Smart Ticketing and payment solutions to the public and commercial transport sector, today announced its acquisition of Smart Ticketing specialists Ecebs from Visa, in a market transaction that will enable Unicard to offer a more comprehensive range of solutions in the UK, and abroad.

/payments

EMVCo reports nearly 13 billion EMV chip cards in global circulation

Data published by EMVCo shows that at the end of 2022, 12.8 billion EMV Chip cards were in global circulation – a 7% increase compared to the previous twelve months.

Bangladesh Bank selects Fime for launch of domestic card scheme

/payments

Bangladesh Bank selects Fime for launch of domestic card scheme

Fime has won a six-year contract with the central bank of Bangladesh to help launch the nation's domestic card scheme.

/security

Pulse extends debit fraud protection deal with Fico

PULSE, a Discover Financial Services (NYSE: DFS) company and operator of the PULSE debit network, has agreed to an extension of its partnership with global analytics software provider FICO (NYSE: FICO).

/payments

UnionPay and Malaysia's PayNet promote cross-border QR linkage

Today, UnionPay International (UPI) and Payments Network Malaysia Sdn Bhd, or PayNet, Malaysia's national payments network jointly signed an agreement in Shanghai to promote the cross-border QR code linkage and enable the full acceptance of the UnionPay App (Chinese-mainland, Hong Kong and Macao versions) and Chinese-mainland bank apps connected to the UnionPay App Network Payment Platform at the QR merchants in Malaysia.

/payments

Visa brings Apple Pay to Vietnam

Visa, a world leader in digital payments, today brings its cardholders Apple Pay, a safer, secure and private way to pay that helps them avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction.

Visa UK introduces new measures to protect SMEs from 'friendly fraud'

/security

Visa UK introduces new measures to protect SMEs from 'friendly fraud'

Visa UK has introduced a raft of new measures to protect small businesses from soaring rates of 'friendly fraud', in which cardholders dispute a legitimate purchase with their card issuer.

/payments

Tap to Pay on iPhone comes to Zettle by PayPal

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that Tap to Pay on iPhone is now available for Zettle by PayPal customers.

/retail

Knot secures $10million series A from Amex, Plaid and Nava Ventures

Knot, the platform that enables card issuers to automatically switch saved payment methods at the request of their users, announced today a $10 million Series A raise led by Nava Ventures, with participation from Amex Ventures, Plaid, and 20+ world-leading CEOs and founders. The funding will be used to scale Knot’s services and accelerate the expansion of its merchant support.

/sustainable

Thames Technology working to eliminate virgin PVC from card production

In a move to further reduce its impact on the environment, Thames Technology, a leading European financial and retail card manufacturer, is planning to eliminate the use of virgin PVC from all its card production.

/payments

Petal scores $200 debt facility

Credit card and financial technology company Petal announced today that it has closed a committed $200 million debt facility from Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit.

Apple Card savings account hits $10bn in deposits

/retail

Apple Card savings account hits $10bn in deposits

The Apple Card's savings account has racked up more than $10 billion in deposits since launching in April.

/payments

Brex launches Payables

Brex, the first fully unified global spend platform, today launched Brex payables—an AI-enabled Accounts Payable (AP) solution, combining enhanced bill pay capabilities and purchase cards.

/payments

Soft Space and Hong Leong Bank promote JCB cards in Malaysia

Leading fintech-as-a-service provider, Soft Space Sdn Bhd (“Soft Space”), JCB International Co., Ltd.(“JCBI”), the international operation¬¬s subsidiary of JCB Co., Ltd., Japan’s leading international payment brand, and Hong Leong Bank (“HLB”) have joined forces to actively drive JCB Card acceptance in Malaysia, bolstered by strong post pandemic economy recovery prospects.

Skipify and AmEx partner to ease checkout process

/payments

Skipify and AmEx partner to ease checkout process

Skipify, a fintech outfit smoothing the online checkout experience, has joined forces with American Express for the launch of its new card linking technology.

/payments

Bluefin subsidiary gets German Girocard certification

Bluefin today announced that its Austrian subsidiary, TECS Payment Solutions, has achieved the German Banking Industry Committee’s (GBIC) Girocard certification based on NEXO v4.0 standards.

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