Latest Cards News: Finextra Research

Morgan Stanley and Mastercard back credit-building startup TomoCredit

TomoCredit, the US startup behind a credit card designed to help first-time borrowers build credit history, has raised $22 million in a Series B funding round joined by Morgan Stanley's Next Level Fund and Mastercard.

22 July 2022

Company update/sustainable

G+D pledges to end use of virgin plastics in cards by 2030

Giesecke+Devrient (G+D) pledges to replace all virgin plastic in its payment card products by 2030 at the latest to further support consumers and banks to fulfil their own sustainability aspirations.

21 July 2022

Company update/payments

Marqeta scores transit card issuing deal

Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced an innovative new transport partnership. Marqeta was named as the payment processor of choice for Opal Plus, the new transit program for Transport for NSW (TfNSW), in partnership with Mastercard Prepaid Managed Services (MPMS).

21 July 2022

News/payments

Google Wallet starts rolling out worldwide

The new Google Wallet has begun appearing on phones in dozens of countries as the tech giant tries to reboot its mobile payments system.

20 July 2022

Company update/crypto

Quickbit and Aqru team up for DeFi promotion

AQRU plc, an incubator specialising in decentralised finance (DeFi), announces today that its wholly owned subsidiary, Accru Finance Ltd., has entered into a partnership with Sweden’s paramount crypto company Quickbit eu AB (publ), to bring its yield-generating products to a wider audience.

20 July 2022

News/retail

Ireland's AIB to scrap ATMs at 70 branches

Irish high street bank AIB is set to discontinue cash services at 70 of its branches in a move that has caused an outcry in rural Ireland.

20 July 2022

News/inclusion

Mexico's Stori becomes a unicorn

Stori, a Mexican fintech bringing credit cards to the country's middles class, has hit unicorn status after raising $150 million in debt and equity.

19 July 2022

News/startups

X1 raises $25m for smart credit card

X1, the challenger credit card for digital natives founded by former Twitter executives, is set to open to the public after securing $25 million in Series B funding.

18 July 2022

News/inclusion

Mexican startup becomes latest unicorn

A Mexican startup has become the latest fintech to gain unicorn status.

18 July 2022

Company update/payments

Worldline and Casio partner for cashless shopping in Japan

Worldline [Euronext: WLN], a global leader in payment services, and Casio Computer announce they have agreed a strategic business alliance to facilitate card payments and cashless shopping in Japan, a market with huge potential to overturn its conservative retail landscape.

15 July 2022

News/retail

American Express upgrades Blue Cash Everyday Card

Banking giant American Express has added new features to their Blue Cash Everyday Card, offering users rewards when they stream and shop online.

15 July 2022

News/security

ANZ rolls out dynamic CVVs

Australia and New Zealand Bank is rolling out dynamic CVVs for customer cards as one a suite of enhancement to its ANZ Plus digital banking platform.

15 July 2022

News/payments

UK politicians quiz Visa and Mastercard on card fee increases

An influential committee of UK MPs has written to Visa and Mastercard requesting a justification for recent increases in card transaction fees.

14 July 2022

Company update/payments

Mastercard targets Canadian not-for-profits with Changeworks

Today, Mastercard launched Changeworks™, a social-impact program that helps Canada’s not-for-profits harness the power of technology and data to create positive change.

13 July 2022

News/inclusion

British woman develops card for people living with dementia

A British woman, with the backing of Mastercard, has developed a flexible debit card and app designed to help people living with dementia, and their families, manage their money and spending.

13 July 2022

Company update/payments

Capital One Business and Melio team on accounts payable tool

Melio, a leading B2B payments platform for small businesses, today announced the launch of a fully integrated accounts payable solution with Capital One Business.

12 July 2022

News/payments

Interac adds backup supplier following Rogers outage

Canadian debit network Interac is adding a backup network provider in the wake of last week's massive outage at Rogers, which left millions of customers unable to make payments.

11 July 2022

Company update/security

NanoPay Mexico chooses BPC's SmartVista anti-fraud technology

BPC, the award-winning global payments solution provider, has been chosen as strategic partner by NanoPay in Mexico, and has implemented its anti-fraud solution SmartVista to safeguard credit card transactions for its customers.

11 July 2022

Company update/payments