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/payments

Plooto offer short term capital to SMEs with new Pay by Card product

Plooto, a leading payment automation solution for small-to-midsize businesses (SMBs), now offers Pay by Card to Canadian and U.S. businesses, developed in collaboration with Visa.

/regulation

PSR seeks feedback from businesses on card-acquiring remedies

Since its card-acquiring remedies came into force last year, the PSR has been monitoring firms’ efforts to implement them effectively.

/security

Worldline integrates with Visa's fraud decisioning tool

Worldline [Euronext: WLN], a global leader in payment services, has announced plans to collaborate with Visa Acceptance Solutions, to launch an optimized fraud management solution.

Klarna launces UK BNPL gift card store

/payments

Klarna launces UK BNPL gift card store

Klarna is teaming up with Blackhawk Network to launch the UK's first buy now, pay later gift card store

Apple and Goldman Sachs fined $89 million by CFPB over Apple Card mismanagement

/regulation

Apple and Goldman Sachs fined $89 million by CFPB over Apple Card mismanagement

The Consumer Financial Protection Bureau has slapped an $89 million penalty on Apple and Goldman Sachs for illegally mishandling credit card transaction disputes and misleading iPhone purchasers about interest-free payment options.

/payments

Mastercard launches local technology infrastructure in Saudi Arabia

Mastercard announced the launch of world class technology infrastructure in Saudi Arabia that will enable the processing of ecommerce transactions locally, providing a seamless and secure payments experience for both Mastercard partners and consumers, supporting the acceleration of the Kingdom’s digital commerce.

/payments

Huntington National Bank selects Entrust digital wallet tech

Entrust, a global leader in delivering identity-centric security solutions, today announced that The Huntington National Bank has selected the Entrust Digital Card Solution to enable digital wallet capabilities, with instant provisioning to third-party digital wallets from its mobile banking app.

/payments

MeaWallet enhances digital card programme for embedded finance provider Toqio

MeaWallet, a leading digital payments enabler specialising in card tokenization, proudly announces its partnership with Toqio, a leading technology platform for B2B embedded finance for businesses, to enhance its digital card capabilities for corporate customers in the UK and Spain.

/payments

CardFlight secures WestView Capital Partners inestment

CardFlight (or the “Company”), a leading SaaS payment technology company, announced today that it has received a significant minority investment from WestView Capital Partners (“WestView”), a Boston-based growth equity firm focused on partnering with middle-market companies.

/payments

TBC Bank Uzbekistan signs long-term deal with Visa

TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, announces its long-term strategic partnership with Visa, set to broaden and expand its global payments and money transfers infrastructure.

CaixaBank switches on instalment payments with Apple Pay

/payments

CaixaBank switches on instalment payments with Apple Pay

CaixaBank has become the first financial institution in continental Europe to offer buy now, pay later services to users checking out with Apple Pay.

Global payments in 2024: Simpler interfaces, complex reality

/payments

Global payments in 2024: Simpler interfaces, complex reality

Global payment revenues will remain robust over the next five years, enabling the sector to unlock an additional $700 billion by 2028, according to a McKinsey report.

/payments

JCB and GHL expand payment options across Malaysia, Thailand and the Philippines

GHL Systems Berhad (GHL) and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s leading international payment brand (JCB) have officially announced its strategic partnership, enabling the acceptance of JCB Cards for GHL’s merchants in Malaysia, Thailand and the Philippines.

/retail

Capital One partners with Minna Technologies to offer subscription management tools in its banking a

In a U.S. market first, Capital One has partnered with Minna Technologies to offer new subscription management tools directly in the bank’s mobile app, enabling its credit card customers to view and manage subscriptions from major merchants, including leading streaming media, publishing and retail brands.

/regulation

RBA consults on card cheme fees and surcharging

The Reserve Bank of Australia (RBA) is commencing its Review into Retail Payments Regulation.

/payments

BPI and TCH wade into Corner Post litigation

The Bank Policy Institute (BPI) and The Clearing House Association filed a motion to intervene today in Corner Post, Inc. v. Board of Governors of the Federal Reserve System. Corner Post, a North Dakota truck stop, is challenging the Federal Reserve’s 2011 rules governing debit interchange revenue established pursuant to the “Durbin Amendment” in the Dodd-Frank Act.

/payments

Mastercard open new tech hub in Pune, India

Mastercard has announced the inauguration of a new, state-of-the-art Tech Hub in Pune, which will support the company’s growth in India and play a crucial role in advancing its technology on a global scale.

/payments

Velera selects Arroweye for dual interface debit and credit card portfolio

Arroweye Solutions was selected by Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, as a provider of card production, personalization and fulfillment for Velera’s .

/payments

Tide and Adyen unite to provide small businesses with Tap to Pay on iPhone

Tide, the UK’s leading business financial platform, has partnered with Adyen, the global financial technology platform of choice for leading businesses, to enable small businesses to accept in-person contactless payments using only an iPhone and the Tide iOS app.

/payments

EMVCo reveals contactless kernel testing process

Global technical body EMVCo has confirmed the testing process for the new EMV® Contactless Kernel Specification (EMV® Contactless Specifications for Payment Systems: Book C-8 – Kernel 8 Specification) is now available.

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