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/payments

Conotoxia unveils multi-currency card 2.0 for relatives and employees

The fintech Conotoxia launches a multi-currency card 2.0.

/startups

Updraft raises £108m in debt and equity

Financial habit forming platform, Updraft, announces today its latest investment round, raising another £108 million in equity and debt to power its ambitious growth strategy and deliver savings to its fast-growing user base of 300k members.

/payments

Airwallex partners with TripActions for expenses

Global fintech Airwallex is pleased to announce that it has been chosen by TripActions as the partner of choice for its global cross-border payments and FX needs to support TripActions Liquid, its corporate card and expense management solution.

/regulation

Payoneer gets in-principle regulatory approval in Singapore

Payoneer (NASDAQ: PAYO), the commerce technology company powering payments and growth for the new global economy, has received in-principle approval as a Major Payment Institution License holder from the Monetary Authority of Singapore (MAS).

/people

Banking Circle names Jim Snabe chairperson of advisory board

Banking Circle Group is pleased to announce that Jim Snabe will become the Chairperson of its Advisory Board.

/payments

SoFi rolls out early access to Pay in 4

Pay in 4 is SoFi’s latest innovation designed to provide flexibility for our members when spending with SoFi Checking and Savings.

/payments

BillHop to accept UnionPay cards

Billhop, the smart online bill payment platform, announces a new partnership with UnionPay International (UPI), the global network servicing the world's largest cardholder base, enabling support for UnionPay card products across its digital payment solutions.

Visa pledges to invest $1 billion in Africa

/inclusion

Visa pledges to invest $1 billion in Africa

Visa has pledged to invest $1 billion in Africa over the next five years to accelerate the deployment of digital payments across the continent.

/payments

HSBC partners Extend to enable virtual cards for US SMBs

Extend, a leading virtual card and spend management platform, today announced a partnership with HSBC, one of the world’s largest banking and financial services organizations.

/crypto

CoinZoom launches bitcoin reward gift card

New research by CoinZoom, a U.S. based cryptocurrency exchange and leading fintech company, has revealed that almost a third (31%) of Americans feel more positive about giving and receiving gift cards this holiday season, compared to before the pandemic when they were often considered the gift of last resort.

/payments

American Express opens Decision Science Center of Excellence in Singapore

American Express (NYSE: AXP) today announced it has opened a new Decision Science Center of Excellence (CoE) in Singapore that will deliver global data-driven solutions.

/people

JPMorgan Payments hires Pat Brolly from Visa as Emea head of acquiring platforms and rails

J.P. Morgan have made a senior hire in their Payments business in EMEA.

Axe the Card Tax campaign calls for cost of card payment review

/payments

Axe the Card Tax campaign calls for cost of card payment review

The Axe the Card Tax campaign has called to the UK Treasury and Payments System Regulator to review the cost of card payments to encourage fintech payment innovation.

Nigeria limits ATM withdrawals to boost digital payments

/inclusion

Nigeria limits ATM withdrawals to boost digital payments

The Central Bank of Nigeria has capped daily ATM withdrawals at $45 in order to encourage electronic payments, including the eNaira digital currency.

/payments

BMO taps Extend for virtual corporate cards

BMO and Extend, a virtual card and spend management platform, today announced the addition of a simple and powerful set of payments functionality to BMO Corporate Cards.

/payments

Starling adds virtual cards and updated Spending Insights to money management suite

Starling Bank is introducing virtual cards for Personal Current Account customers and updated its Spending Insights.

AmEx faces Australian lawsuit over card distribution laws

/regulation

AmEx faces Australian lawsuit over card distribution laws

Australia's securities regulator is taking American Express to court, accusing the firm of issuing credit cards without making sure that customers understood them.

/payments

Marqeta integrates with Mastercard Track Instant Pay

Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced that it has integrated Mastercard (NYSE: MA) Track Instant Pay, a next-generation virtual card solution that uses machine learning and straight-through processing to enable instant payment of supplier invoices.

Thales releases 'Voice Payment Card' for the visually impaired

/payments

Thales releases 'Voice Payment Card' for the visually impaired

Thales has released a 'Voice Payment Card', to help guide visually impaired people as they conduct transactions at the till.

/Cards

Teampay raises $47 million

Teampay, the all-in-one-purchasing platform, today announced it raised $47 million in Series B funding led by existing investor Fin Venture Capital.

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