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Former PayPal CEO Harris shuts down latest startup weeks after launch

/startups

Former PayPal CEO Harris shuts down latest startup weeks after launch

Nirvana Money, a fintech startup founded by former PayPal and Intuit CEO Bill Harris, has shut down less than a month after its launch.

Square partners AmEx on credit card for sellers

/payments

Square partners AmEx on credit card for sellers

Square is joining forces with American Express to launch a credit card built specifically for Square sellers.

/payments

Mastercard and Treezor Expand Strategic Partnership

Treezor, a subsidiary of Societe Generale group and leader in Banking as a Service in France, and Mastercard announced an extended partnership today.

/payments

Wise introduces cashback on business accounts

Wise Business, the business account for going global, has today launched cashback for its customers.

/payments

Bank of the West partners Extend for virtual card distribution and management

Extend, a leading virtual card and spend management platform, today announced a collaboration with Bank of the West, which has more than 600 branches and Commercial Banking Offices across the Midwest and Western United States.

/security

Australian fraud rate dips

Data released today by the industry self-regulatory body Australian Payments Network (AusPayNet) showed the fraud rate in the 12 months to 30 June 2022 (FY22) was 54.7 cents per $1,000 spent, down from 57.8 cents the previous year.

RBC partners Visa to offer cardholders BNPL option

/payments

RBC partners Visa to offer cardholders BNPL option

Royal Bank of Canada is the latest lender to tap into Visa's BNPL technology to offer its credit cardholders the option of paying for purchases in instalments.

/payments

DivideBuy plugs in to Acquired.com

DivideBuy, the leading UK Point of Sale (POS) finance pioneer, has today announced a partnership with Acquired.com, a UK payments specialist and payment initiation service provider, through which DivideBuy’s merchants will be able to leverage smart automated tools designed to eliminate the rate of failed transactions, boost approval rates and offer vastly smoother payment experiences for customers.

/inclusion

Spenn and Mastercard team up to boost financial inclusion in Africa

Spenn and Mastercard have today announced a strategic partnership that will enable Spenn Mobile Wallet users – even those without bank accounts - to make safe and seamless digital payments on the Mastercard network including international e-commerce transactions.

/payments

Association of Military Banks of America launches 'Patriot Card'

Today, the Association of Military Banks of America (AMBA), the nation’s only military bank trade association, in partnership with MOCA Financial, the leader in advanced digital accounts and payment processing, launched The Patriot Card, a state-of-the-art debit card designed to provide our Veterans a safe, flexible, and reliable way to receive, spend, and save their government benefits.

/payments

Marqeta reports $53 million Q3 net loss

Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform, today reported financial results for the third quarter ended September 30, 2022.

/payments

Debite unveils feature for making bank transfers via corporate credit

Debite, the dynamic financing platform built for early-stage companies, has announced they’re launching a new product called Debite Pay.

/payments

Lloyds Bank combines commercial cards and invoice finance teams

Lloyds Bank Business & Commercial Banking has combined its commercial card and invoice finance teams under a new senior appointment.

/payments

Thames Technology opens Europe’s first metal payment card production facility

The first metal payment card production facility in Europe has been opened by Thames Technology, one of Europe’s largest retail and financial card manufacturers, at its headquarters in Rayleigh, Essex.

/payments

AstroPay launches prepaid card in Brazil

AstroPay, the online payment solution of choice for millions of users worldwide, is delighted to launch its new product in Brazil, a Mastercard prepaid card.

/retail

Revolut raises £100k for Poppy Appeal

Revolut - the global financial superapp with more than 20 million customers worldwide, and more than five million retail customers in the UK, has released its Poppy card in partnership with the Royal British Legion and Visa.

Danish fintech Pleo cuts workforce by 15%

/retail

Danish fintech Pleo cuts workforce by 15%

Pleo, the Danish unicorn behind an expense management tool and linked smart company cards, is cutting its workforce by 15% with the loss of 150 jobs.

/security

S-Bank integrates Worldline fraud management suite

Worldline [Euronext: WLN], a global leader in payment services, has integrated its Fraud Management Suite into the issuing platform of Finnish bank S-Bank.

/payments

Zilch passes three million customers milestone

Zilch, the world’s first Commerce Card, today announces it has raced past the 3 million customer milestone – outpacing fintech heavyweights like Revolut, Starling Bank and N26.

/security

McAfee called on to offer fraud protection to Mastercard business card users

Today, McAfee Corp., a global leader in online protection, announced an exclusive partnership with Mastercard (NYSE: MA), a global technology company in the payments industry, to offer Mastercard personal and small-medium size business cardholders access to award-winning online protection solutions.

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