Cards

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/payments

Commerzbank and Global Payments form payments joint venture for SMEs

Global Payments and Commerzbank are to launch a joint venture company catering to the digital payment needs of small and medium sized enterprise in germany.

/payments

Swiss payments fintech Rivero raises $7 million

Swiss payment technology house Rivero has raised $7 million in Series A funding to step into new markets and boost its product development and workforce.

/payments

Thinkmoney selects Edenred to upgrade cards and accounts platform

Edenred Payment Solutions, an Edenred company and one of Europe’s market-leading payments service providers, has been selected by UK e-money provider, thinkmoney, to upgrade its card and account platform capabilities.

/payments

HitPay delivers Tap to Pay on iOS in Australia, Canada, France, the UK, and the US

HitPay has launched Tap to Pay on iOS in Australia, Canada, France, the UK, and the US.

/payments

Mastercard teams with illicocash to issue virtual cards in Democratic Republic of the Congo

Mastercard has initiated a strategic partnership with illicocash, the fintech arm of Rawbank, to introduce a virtual card program in the Democratic Republic of the Congo (DRC).

/people

Capital on Tap shuffles executive leadership

In a move marking a new chapter in its growth story, Capital on Tap, one of Europe’s fastest-growing businesses, today announced a strategic leadership transition. Co-founder David Luck is set to embrace the role of Executive Chairman, entrusting the CEO mantle to Damian Brychcy, the company’s Chief Product Officer.

/payments

Intergiro connects with Silverflow

Intergiro, a Swedish fintech provider of payment and banking infrastructure, has announced a new partnership with Silverflow, a cloud platform for global card processing.

/security

EBL to launch 'world-first' biometric metal card

Eastern Bank in Bangladesh is launching what it claims is the world's first biometric metal card for premium customers.

/crypto

Fiat-to-crypto payment gateway Alchemy Pay joins forces with Worldpay

Alchemy Pay, the pioneering fiat-crypto payment gateway, has entered into a strategic partnership with Worldpay, the No.1 global acquirer, to amplify its payment channels and elevate its payment capabilities.

/sustainable

MDP takes Mastercard carbon calcuator to market in Egypt

Mastercard has partnered with MDP to launch the first Carbon Calculator in Egypt, enabling customers to understand and consider the environmental impact of their purchases.

/regulation

US Bank hit with multi-million dollar fines over prepaid card programme for the unemployed

The Office of the Comptroller of the Currency (OCC) today assessed a $15 million civil money penalty against U.S. Bank, National Association, Cincinnati, Ohio, for violations of law relating to the bank’s administration of a prepaid card program to distribute public unemployment insurance benefit payments.

/devops

Changing the future of credit with agile engineering

In this episode of Unplugged, Harry Jell, CTO at Yonder, talks with Andrew Smith from RTGS.global, about building a successful credit card company in today’s financial climate. They discuss the seamless use of merchant data for user rewards, the importance of AWS and Kubernetes for scalability, and explore potential avenues to enrich transaction data.

/payments

Yonder goes live with GoCardless for Variable Recurring Payments

Yonder, the modern rewards credit card, has extended its relationship with GoCardless, the bank payment company, by adding Variable Recurring Payments (VRPs) alongside the Direct Debit functionality it uses already.

/security

Fingerprints supports Thales’s fourth-generation biometric payment card

Fingerprint Cards AB (Fingerprints™) has been deeply involved in the development of the new generation of Thales Gemalto biometric payment card, which is ready for global volume mass deployment.

/payments

JCB commences largest contactless deployment in the UK to date

JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., today announced an extension of its collaboration with global financial technology leader FIS (NYSE: FIS) and its merchant solutions business, Worldpay from FIS, to enable JCB Contactless for its UK merchants in the largest JCB contactless deployment in the UK to date.

/payments

Visa expands Fintech Fast Track programme

Visa is expanding its North America Fintech Fast Track programme beyond card issuance to connect members to its real-time money movement platform.

/payments

Apple, Visa and Mastercard face anti-trust class action lawsuit

Apple, Visa and Mastercard are facing a class action lawsuit over allegations that they conspired to suppress competition in the market for point-of-sale payment card services.

/payments

Futurebank and Paymentology join forces for virtual card issuance

Open banking and Embedded Finance platform, FutureBank, has announced a partnership with leading global issuer-processor, Paymentology, to provide banks and fintechs with streamlined integration to modern card issuing and processing technology, enabling instant issuance of virtual cards.

/security

Visa bids to combat token fraud

Visa (NYSE: V), a global leader in payments, today announced the commercial launch of Visa Provisioning Intelligence (VPI), an AI-based product designed to combat token fraud at its source.

/sustainable

Trust Bank and Thales issue Singapore’s first Ocean Plastic card

Trust launched on 1 September 2022 as Singapore’s first digitally native bank.