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Alain Finance collaborates with Network International for credit card launch in the UAE

Alain Finance, a private joint stock company that specializes in designing and offering alternative financing solutions to small and medium enterprises (SMEs) across the UAE, has announced the launch of its credit card offerings in the UAE and collaboration with Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region.

/payments

ACI Worldwide teams up with Cardnet in Japan

ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software, today announced an agreement with Japan's leading central domestic payment network, Japan Card Network, Inc, CARDNET, to modernize its digital payments infrastructure.

/payments

Neofy partners with HPS to offer cloud-based digital card services

Neobanks are shaking up the fintech (financial technology) industry with their innovative technologies and unique business models.

Goldman Sachs’s credit card division under investigation by CFPB

/regulation

Goldman Sachs’s credit card division under investigation by CFPB

Goldman Sachs’ credit cards unit undergoing investigation by the Consumer Financial Protection Bureau (CFPB).

UK is card fraud capital of Europe

/security

UK is card fraud capital of Europe

The UK has been crowned the card fraud capital of Europe, with more victims and higher losses experienced than any of its continental peers.

/sustainable

Visa rolls out Eco Benefits package to Asian banks

Visa, a world leader in digital payments, today announced the launch of Visa Eco Benefits in Asia Pacific.

/payments

Sunbit issues credit card

Sunbit, the company building financial technology for everyday expenses, announced that it has expanded beyond point-of-sale lending with the introduction of a new, next-generation credit card.

/crypto

Mercuryo selected by iToken for crypto wallet purchases

iToken, a leading DeFi non-custodial wallet, has announced its integration with Mercuryo, a global payments solution platform, as its sole fiat on-ramp to its mobile wallet.

/Cards

Phos SDK meets Visa requirement

Phos, the fintech behind the leading software-only Point of Sale system (SoftPoS), has become the first solution provider to meet a new Visa requirement with its Software Development Kit (SDK).

/retail

AAA partners Bread Financial on rewards programme

Bread Financial (NYSE: BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, today announced a new, multi-year agreement with AAA, one of North America’s largest and most trusted membership organizations serving over 56 million U.S. members.

/payments

Revolut lets US customers personalise their cards

Revolut, the financial superapp with over 20 million customers around the world, has launched personalized cards in the US for its Standard plan users.

/payments

Barclaycard Payments: Non-traditional sign-ups will fuel new wave of subscriptions

New data on the ‘subscription economy’ shows that non-traditional sign-up products and services are likely to fuel the next wave of subscriptions. Barclaycard Payments – which processes £1 in every £3 spent on credit and debit cards in the UK – found that over two thirds (68 per cent) of businesses that currently offer subscriptions will expand their portfolios before the end of 2022.

/payments

Worldpay expands merchant biz to South Korea

Financial technology leader FIS® (NYSE: FIS) is continuing to broaden its global merchant services footprint, announcing today that its Worldpay from FIS merchant solutions are now available in the rapidly growing market of South Korea.

Virgin Money unveils BNPL credit card

/payments

Virgin Money unveils BNPL credit card

Virgin Money in entering the buy now, pay later arena through the launch of a credit card that lets customers spread repayments over installments while building their credit scores.

/payments

BlueSnap partners Dalenys to bolster acquiring banks network

BlueSnap, the global payment orchestration platform that helps businesses accept payments globally, has partnered with Dalenys, the Merchant Acquirer specialized in payments performance and part of Groupe BPCE, to bolster its global network of acquiring banks, which allows merchants to benefit from local card processing in France.

/payments

Cardless and AmEx team on co-branded cards

Cardless, a financial technology firm, today announced a new agreement with American Express.

Brazil's Neon raises $80m to boost credit card push

/payments

Brazil's Neon raises $80m to boost credit card push

Brazilian digital bank Neon has raised $80 million for its first Credit Rights Investment Fund (FIDC) focused on credit cards.

AIB makes u-turn on decision to scrap ATMs following backlash

/payments

AIB makes u-turn on decision to scrap ATMs following backlash

In a media release circulated by Paddy McDonnell, head of media relations for AIB, the bank announced it will retain its 170-strong branch network and will not remove cash services from 70 of its branches - a reversal on its announcement earlier this week.

/inclusion

Pockit and Youtility announce partnership

Integrating Youtility’s platform allows Pockit customers to compare and save on household subscriptions helping to save hundreds of pounds each year. The ongoing cost of living crisis is projected to worsen throughout 2022, particularly in October when energy bills are expected to rise by 40% to c. £3,300, plunging 30% of UK homes into fuel poverty. Helping Pockit customers to reduce their spending will help users build financial resilience and potentially avoid the need to rely on expensive overdrafts or payday loans.

/people

Curve appoints Eyal Galina as chief product officer

Curve, the financial super app which empowers customers to understand and master their finances by combining all debit, credit and loyalty cards into one, has announced the appointment of Eyal Galina as Chief Product Officer.

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