Latest Cards News: Finextra Research

Company update/payments

Mastercard to support launch of Mashreq digital bank in Pakistan

Mastercard has signed a multi-year strategic agreement with Mashreq to support its launch as a digital bank in Pakistan.

05 March 2025

Company update/payments

Visa releases Tap to Add Card in Kuwait

Visa (NYSE: V) today announced the launch of Tap to Add Card in Kuwait marking a significant advancement in digital wallet provisioning.

05 March 2025

Company update/payments

Emerchantpay expands LatAm footprint

emerchantpay, a leading global payment service provider and acquirer, is strengthening its presence in Latin America with expanded local acquiring connections and payment methods in Brazil and Mexico.

05 March 2025

Company update/people

Ascenda hires jan Wilken as chief product officer

Ascenda, the industry leader in loyalty-as-a-service, today announced the appointment of Jan Wilken as Chief Product Officer.

04 March 2025

Company update/security

Chargebacks911 and Prommt unite to fight card fraud

Chargebacks911, a global pioneer in chargeback prevention and management solutions, announced their official partnership with Prommt, a leading innovator in cloud-based, remote payment solutions, providing large enterprises with a comprehensive, end-to-end solution that helps to protect against chargeback fraud and misuse.

04 March 2025

Company update/security

Rivero to supply SIX with fraud recovery and dispute management software

SaaS provider Rivero today announced that it will provide its fraud recovery and dispute management platform, Amiko, to SIX and its partner banks.

04 March 2025

News/wholesale

Ramp valuation hits $13 billion

Finance automation and corporate credit card platform Ramp has hit a $13 billion valuation after investors purchased $150 million in secondaries from employees and early backers.

04 March 2025

Company update/payments

MTN Uganda launches virtual payment card

MTN Mobile Money (U) Limited, in partnership with Mastercard, Diamond Trust Bank and Network International, has launched the Virtual Card by MoMo, an innovative payment solution designed to enable MTN MoMo subscribers to perform secure online transactions without needing a physical card or bank account.

03 March 2025

News/payments

Visa records spike in Tap to Phone uptake

Tap to Phone, Visa's technology that turns smart phones into payment terminals, has experienced a 200% increase in usage globally over the past year and a 300% surge among small business owners in the UK.

03 March 2025

Company update/payments

Nium partners with G2 Travel for virtual card payments in hotels

Nium, the leading global infrastructure for real-time cross-border payments, has today announced a strategic partnership with G2 Travel. The wholesale tour operator will use Nium’s virtual card payment solution to pay hotel partners globally. The partnership adds more local currencies to G2 Travel’s offering and makes supplier payments faster, more efficient, and more secure.

03 March 2025

News/people

Marqeta to buy TransactPay for European push; makes CEO change

US card issuing platform Marqeta has strengthened its position in the UK and Europe through a deal to buy TransactPay. Separately, Marqeta CEO Simon Khalaf has left the firm and been replaced by current CFO Mike Milotich on an interim basis.

27 February 2025

News/crypto

Avalanche launches Visa crypto card

The Avalanche Foundation has launched a physical and digital credit card that lets users make purchases against the value of their crypto assets anywhere Visa is accepted.

26 February 2025

Company update/payments

Mastercard and i2c team on personalised payments options

I2C Inc., a provider of banking and payments technology, has signed on to be one of the first issuing processing partners for Mastercard One Credential, a single, digitally connected credential with multiple ways to pay.

26 February 2025

Company update/payments

AmEx and Alipay bring seamless payments to international travelers in China

American Express and Alipay today announced a new feature aimed at enhancing payment convenience for international travelers in China.

25 February 2025

Company update/people

Kotapay appoints Heather Schumacher head, cards and BaaS operations

Kotapay is pleased to announce the appointment of Heather Schumacher head of Cards and BaaS Operations. In this role, Heather will lead our credit and debit card operations, as well as deployment and availability of the Kavinu platform.

24 February 2025

News/payments

UK court approves $200m Mastercard settlement

Mastercard's £200 million settlement of a class action lawsuit brought on behalf of British consumers has been given the greenlight by the Competition Appeal Tribunal.

24 February 2025

Company update/payments

MeaWallet enters tokenization collaboration with Backbase

MeaWallet, a leader in tokenization and digital payment solutions, announces its partnership with Backbase, the creator of the Engagement Banking Platform.

24 February 2025