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BoB Financial and Snapdeal launch contactless credit card

BOB Financial Solutions Limited (BFSL), the wholly-owned subsidiary of Bank of Baroda (BoB) and Snapdeal in partnership with National Payments Corporation of India (NPCI) and JCB International Co. Ltd. have announced the launch of the Snapdeal BoB JCB RuPay Credit Card.

Ajman Bank and Mastercard team on card for visually impaired

/inclusion

Ajman Bank and Mastercard team on card for visually impaired

United Arab Emirates-based Ajman Bank has joined forces with Mastercard to launch a card for blind and partially sighted customers.

/payments

ING and CCV launch app that turns handsets into payments terminals

ING and CCV, specialist in payment solutions, have developed a business app that turns any Android smartphone or tablet into a mobile cash register and payment terminal for contactless payments.

SumUp launches e-wallet app

/payments

SumUp launches e-wallet app

London-based mPOS unicorn SumUp is expanding into the B2C payments space through the launch of a digital wallet with integrated loyalty scheme.

/payments

First National Bank of Omaha launches credit card-as-a-service solution

First National Bank of Omaha (FNBO) announces the launch of Bend by FNBO.

/payments

Royal Society of Medicine launches its own debit card with Currensea support

Royal Society of Medicine, a global membership organisation of 20,000 healthcare professionals, has launched its own debit card enabling members to make charitable donations each time they spend at home or abroad.

/payments

Discover opens Chicago advanced analytics resource centre

Discover announced its new Advanced Analytics Resource Center (AARC) today and welcomed its first cohort of 75 employees at its downtown Chicago Office called the 606.

/payments

MultiPass teams up with Moorwand and Tribe to deliver payment cards for European business clients

MultiPass, a UK-based bank challenger specialising in multi-currency cross-border payments, partners with Moorwand, a payments solutions provider offering BIN sponsorship and issuing services, and payments processor Tribe Payments, to launch corporate payment cards.

/payments

Icici to launch RuPay credit cards

Icici Bank today announced its partnership with National Payments Corporation of India (NPCI) to launch a range of credit cards on RuPay, the indigenous payments network.

Visa tokens overtake physical cards in circulation

/security

Visa tokens overtake physical cards in circulation

Visa has issued its four billionth network token for e-commerce payments, surpassing the number of physical cards it has in circulation worldwide.

Visa and Mastercard blame increased risk of fraud for post-Brexit fee hikes

/payments

Visa and Mastercard blame increased risk of fraud for post-Brexit fee hikes

Visa and Mastercard have cited fraud and increased competition to justify post-brexit fee increases on cross-border payments from the UK.

/payments

Deel unveils Instant Card Transfer for contracter payments

Deel, the leading global payroll and compliance solution, has today announced the launch of its latest feature, Instant Card Transfer.

/payments

GiveCard and Highnote form non-profit partnership

GiveCard, a nonprofit organization that uses financial technology to power direct giving to the most vulnerable communities, has partnered with Highnote, the world’s most modern card issuance platform, to launch a new prepaid debit card program.

Binance and Mastercard launch crypto-to-fiat payment card

/crypto

Binance and Mastercard launch crypto-to-fiat payment card

Binance is to launch a cryptocurrency payment card that enables users to convert their holdings into fiat for transactions at Mastercard terminals worldwide.

India lifts ban on AmEx issuing new cards

/regulation

India lifts ban on AmEx issuing new cards

The Reserve Bank of India has lifted a ban on American Express onboarding new card customers in the country after assessing that the US firm is now complying with data storage rules.

/devops

Capital One Joins Open Source Security Foundation

Capital One joins the Open Source Security Foundation (OpenSSF) as a premier member affirming its commitment to strengthening the open source software supply chain.

Fraud spike forces bus company to ban online banks and cut mobile contactless limits

/security

Fraud spike forces bus company to ban online banks and cut mobile contactless limits

An Essex bus company has banned customers from Monzo and Revolut from using their smartphones to pay for fares and has slashed mobile contactless limits to just £10 following a spike in debit and credit fraud across the network.

/payments

Digiseq partners with Dutch wearable fashion brand AdornPay

DIGISEQ, the wearable payments tech pioneer, has today announced its partnership with Dutch wearable fashion brand, AdornPay, bringing large-scale wearable payment technology to the Netherlands for the first time.

Faster Payments volumes increase by 23%– UK Finance

/payments

Faster Payments volumes increase by 23%– UK Finance

A new UK Finance Payment Markets report finds Faster Payments volumes increased by 23% to 3.6 billion from 2020 to 2021. The report looks at the latest payment trends from 2021 and forecasts up to 2031.

/payments

Tsys partners Extend

Did you know charge volume on virtual cards is expected to grow from $1.9 trillion to $6.8 trillion by 2026? But perhaps more surprising is that B2B spend will make up 71% of that volume.

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