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Frost becomes a principal member of the Visa network

E-money institution Frost has become a principal member of Visa, a world leader in digital payments, to further its mission of helping working professionals conquer their finances.

/people

Karen Tiltman joins Nets Group from AmEx as COO of Merchant Services

Karen Tiltman is the new Chief Operating Officer (COO) of Merchant Services at Nets, part of Nexi Group.

/payments

Ascenda and Visa team to drive cross-border payments in China

Ascenda and Visa (NYSE: V) today launched a brand-new customer engagement program to capture cross-border transactions and further cultivate cardholder loyalty.

/payments

Sokin forms Apac pact with Visa

Sokin, the next generation payments provider, has partnered with Visa as the London-based fintech prepares to roll-out its inclusive Global Currency Account and debit cards across Asia Pacific.

/payments

LuLu Money collaborates with Network International to enable Visa debit card holders to remit money

LuLu International Exchange – one of the leading payment service providers in the UAE, has entered a strategic collaboration with Network International – the leading enabler of digital commerce across the Middle East and Africa (MEA), and global payments technology leader, Visa, to enable users to remit digitally on the LuLu Money payments app using Visa debit cards.

/payments

Billhop raises €10.5m

Today, proprietary straight-through processing (STP) payments platform Billhop – which offers businesses process and capital efficiencies based on existing credit card infrastructure – announces it has raised €10.5 million, led by EQT Ventures with participation from Element Ventures, pending SFSA approval.

/payments

Upgrade to offer users cash back rewards in battle for wallet share

Upgrade, Inc., a fintech company that offers affordable and responsible credit, mobile banking and payment products to mainstream consumers, today announced the launch of Upgrade Shopping offering cashback rewards at more than 20,000 local and national merchants like H&M (6% in store and online), adidas (5% online) and Shake Shack (10% online).

Oratio Project tackles UK homelessness with NFC card programme

/inclusion

Oratio Project tackles UK homelessness with NFC card programme

Fintech investment company Pell Capital has launched a project that will offer homeless people in the UK access to contactless cards to raise donations and spend vouchers at accredited vendors.

/payments

Bank of Ireland lets customers manage cards online

Bank of Ireland has introduced a range of new features designed to give more control to how customers manage their debit and credit cards through online banking channels, including the mobile banking app and 365 desktop.

/payments

Newt signs Agreement with Element Bank for digital lending programme in Mexico

Newt Corporation (“Newt”or the “Company”), an integrated platform for digital financial services, today announced that it has entered into an agreement with Element Bank (the “Agreement”) to issue branded credit and debit cards in conjunction with Newt’s upcoming lending program targeting enterprises, credit unions and government employee programs.

/payments

Novo issues virtual card for small businesses

Novo, the powerfully simple small business banking platform sponsored by Middlesex Federal Savings, F.A., today launched the Novo Virtual Card to provide small businesses with a fast, safe payment method that’s available from the moment they fund their Novo account.

/payments

MYPINPAD SoftPOS tech adopted by tech supplier to taxi industry

MYPINPAD, a global leader in software-based payment solutions, today announces a new strategic partnership with CabCard Services.

/payments

ClearSale acquires ChargebackOps

Global ecommerce fraud protection leader, ClearSale, announced today it has expanded its solution offering and client portfolio by acquiring the enterprise chargeback management service provider ChargebackOps.

Capital One partners Trovata to automate cash management for corporate clients

/wholesale

Capital One partners Trovata to automate cash management for corporate clients

Trovata, a US startup specialising in automating cash workflows through multi-bank API data aggregation, has scored a distribution agreement with Capital One.

Lloyds signs first retailer for A2A payments API

/payments

Lloyds signs first retailer for A2A payments API

Car dealership JCT600 has become the first retailer to use Lloyds’ new PayFrom Bank account-to-account payment product, displacing plastic cards at the online checkout.

/payments

InComm and Cuentas to deliver transit cards to New York stores

InComm Payments, a leading payments technology company, today announced that it has partnered with Cuentas, Inc. (Nasdaq: CUEN & CUENW) ("Cuentas"), a leading fintech provider of mobile banking and payment solutions focused on Hispanic and Latino communities, to distribute transit cards (tap and go) at participating retail locations in New York City.

PSR bids to shake up card acquiring market

/payments

PSR bids to shake up card acquiring market

The UK's payments watchdog has set out new rules designed to inject more competition into the market for card acquiring services.

Apple to turn iPhone into a payment terminal

/payments

Apple to turn iPhone into a payment terminal

Apple is working on an update that will transform its iPhone into a payment terminal, enabling users to accept payments with the tap of a card.

/payments

Paystone acquires Canadian Payment Service

Paystone announces the acquisition of Canadian Payment Services (CPS), one of the fastest growing providers of Canadian merchant services.

/payments

Payfare launches cash back rewards programme for gig workers with Cardlytics

Payfare Inc. (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced a new rewards program powered by Cardlytics (NASDAQ: CDLX).

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