https://www.finextra.com/ The Latest Financial IT Cards Headlines Copyright 2024 Finextra Research Ltd en-GB contact@finextra.com (Finextra Contact) https://www.finextra.com https://www.finextra.com/finextra-images/site/finextra.png https://www.finextra.com/newsarticle/44551/varo-picks-marqeta-as-issuer-processor?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44551/varo-picks-marqeta-as-issuer-processor?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 07 Aug 2024 00:01:00 GMT American digital bank Varo has inked a five-year issuer processor deal with Marqeta. https://www.finextra.com/newsarticle/44532/bourgeois-boheme-raises-65m-for-financial-platform-for-the-rich?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44532/bourgeois-boheme-raises-65m-for-financial-platform-for-the-rich?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 01 Aug 2024 13:09:00 GMT Bourgeois Boheme (BoBo), a European fintech targeting high-net-worth individuals with the promise of instant transactions of up to €1 million, has closed a €6.5 million seed round led by Graphit Lifestyle. https://www.finextra.com/newsarticle/44515/westpac-starts-offering-debit-cards-to-eight-year-olds?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44515/westpac-starts-offering-debit-cards-to-eight-year-olds?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 30 Jul 2024 00:01:00 GMT Australian bank Westpac is now offering debit cards to children as young as eight in a move it says will help them hone their financial skills. https://www.finextra.com/newsarticle/44493/third-of-brits-now-use-mobile-contactless-payments?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44493/third-of-brits-now-use-mobile-contactless-payments?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 Jul 2024 00:01:00 GMT The total number of payments made in the UK increased by five per cent in 2023 with a third of Brits now regularly paying with a tap of their mobile phone, according to UK Finance figures. https://www.finextra.com/newsarticle/44485/stables-launches-stablecoin-virtual-card-in-europe?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44485/stables-launches-stablecoin-virtual-card-in-europe?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 Jul 2024 00:01:00 GMT Australian stablecoin payment startup Stables has launched in Europe with a Mastercard virtual card. https://www.finextra.com/newsarticle/44480/fed-fines-green-dot-44m?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44480/fed-fines-green-dot-44m?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 22 Jul 2024 00:01:00 GMT The Federal Reserve has fined Green Dot $44 million for "numerous" unfair and deceptive practices in the marketing, selling and servicing of its prepaid cards and its tax return preparation payment services. https://www.finextra.com/newsarticle/44474/home-equity-backed-credit-card-provider-aven-joins-unicorn-club?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44474/home-equity-backed-credit-card-provider-aven-joins-unicorn-club?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 19 Jul 2024 00:01:00 GMT California-based Aven has raised $142 million to bring its home equity-backed credit card to homeowners across the US. https://www.finextra.com/newsarticle/44446/uk-shoppers-frustrated-by-payment-outage?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44446/uk-shoppers-frustrated-by-payment-outage?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 12 Jul 2024 10:35:00 GMT On Thursday, UK shoppers were hit by a payments outage, preventing them from making online and card payments using Visa and Mastercard. https://www.finextra.com/newsarticle/44428/visa-and-tangem-combine-payment-card-with-crypto-wallet?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44428/visa-and-tangem-combine-payment-card-with-crypto-wallet?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 09 Jul 2024 00:01:00 GMT Crypto wallet provider Tangem is partnering with Visa on the launch of a payment card that will be integrated with the Swiss firm's self-custodial hardware wallet. https://www.finextra.com/newsarticle/44423/mastercard-and-visa-extend-cap-on-inter-regional-fees-for-tourist-cards-in-eu?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44423/mastercard-and-visa-extend-cap-on-inter-regional-fees-for-tourist-cards-in-eu?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 08 Jul 2024 00:01:00 GMT Visa and Mastercard have committed to keep a cap on tourist card fees in place for another five years, says the European Commission. https://www.finextra.com/newsarticle/44402/us-judge-rejects-paltry-30-billion-swipe-fee-settlement?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44402/us-judge-rejects-paltry-30-billion-swipe-fee-settlement?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 01 Jul 2024 12:23:00 GMT A US district court judge has rejected an agreed $30 billion settlement over swipe fees between the two major card schemes and US merchants partially on the grounds that Visa and Mastercard have the financial armoury to pay "substantially" more. https://www.finextra.com/newsarticle/44383/visa-launches-digital-card-replacement-service-for-travellers?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44383/visa-launches-digital-card-replacement-service-for-travellers?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 27 Jun 2024 00:01:00 GMT A new Visa service means that travellers that lose their wallet can now get a digital card replacement via text or email. https://www.finextra.com/pressarticle/101801/torpago-hires-former-paypal-and-visa-executives-to-lead-business-operations?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101801/torpago-hires-former-paypal-and-visa-executives-to-lead-business-operations?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 06 Aug 2024 15:20:00 GMT Torpago, a cutting-edge, modern commercial credit card and spend management provider for banks, today announced the hiring of Chris Boncimino to head Business Operations. https://www.finextra.com/pressarticle/101774/neobank-ampere-inks-mastercard-agreement?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101774/neobank-ampere-inks-mastercard-agreement?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 02 Aug 2024 13:23:00 GMT Ampere, the neobank providing all-in-one financial services for SMEs, has today announced its partnership with Mastercard to expand its services and transfers offering, marking a milestone in its mission to streamline financial solutions for SMEs. https://www.finextra.com/pressarticle/101746/somalian-mobile-money-app-waafi-contracts-with-paymentology-for-tap-to-pay-companion-card?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101746/somalian-mobile-money-app-waafi-contracts-with-paymentology-for-tap-to-pay-companion-card?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 01 Aug 2024 09:48:00 GMT Paymentology, the leading global issuer-processor, proudly announces its partnership with Salaam Bank’s Waafi, on the launch of its co-branded tokenised tap-to-pay digital companion card, and physical card, for Waafi mobile app users in the Horn of Africa- a first for the region. https://www.finextra.com/pressarticle/101735/visa-unveils-contactless-online-toolkit-for-vietnamese-merchants?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101735/visa-unveils-contactless-online-toolkit-for-vietnamese-merchants?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 31 Jul 2024 13:55:00 GMT Visa, a world leader in digital payments, is introducing resources to help merchants in Vietnam, unveiling a SMB Online Toolkit, for small and medium-sized businesses to accept and take full advantage of Visa’s digital payment solutions. https://www.finextra.com/pressarticle/101734/sticpay-launches-card-payment-service?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101734/sticpay-launches-card-payment-service?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 31 Jul 2024 13:39:00 GMT STICPAY, a leading global e-wallet service provider and payment gateway, today announces the integration of Visa and Mastercard debit and credit card payment processing into its platform, affording it’s more than 5,000 merchant and corporate clients greater flexibility and convenience in handling payments. https://www.finextra.com/pressarticle/101714/corserv-signs-northeast-bank?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101714/corserv-signs-northeast-bank?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 30 Jul 2024 19:46:00 GMT CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Minneapolis, MN-based Northeast Bank ($770 million in assets) to launch a comprehensive credit card program for their business and commercial customers. https://www.finextra.com/pressarticle/101706/an-post-signs-with-safecypher-to-drive-down-card-not-present-fraud?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101706/an-post-signs-with-safecypher-to-drive-down-card-not-present-fraud?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 30 Jul 2024 12:12:00 GMT Safecypher, one of Europe’s leading card payments security companies, has launched a new advanced anti-card fraud technology in partnership with An Post. https://www.finextra.com/pressarticle/101698/salaam-somali-bank-issues-multi-currency-prepaid-mastercard?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101698/salaam-somali-bank-issues-multi-currency-prepaid-mastercard?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 30 Jul 2024 10:00:00 GMT In a significant move towards enhancing digital financial inclusion, Salaam Somali Bank, in collaboration with Mastercard, has announced the launch of a digital-first co-branded multi-currency prepaid card designed to revolutionize digital payment solutions. https://www.finextra.com/pressarticle/101670/marqeta-visa-and-affirm-team-on-flexible-checkout-options?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101670/marqeta-visa-and-affirm-team-on-flexible-checkout-options?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 26 Jul 2024 13:16:00 GMT Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it is working with Visa and Affirm to offer the Visa Flexible Credential, a single card product that can toggle between payment methods, putting the power of choice in the hands of the consumer. https://www.finextra.com/pressarticle/101660/kasheesh-rolls-out-multi-use-card?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101660/kasheesh-rolls-out-multi-use-card?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 Jul 2024 13:27:00 GMT With the Multi Use Card, instead of having a new card number generated for each purchase, shoppers will have the ability to make recurring purchases on the same card. https://www.finextra.com/pressarticle/101616/galileo-debuts-3ds-customer-portal?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101616/galileo-debuts-3ds-customer-portal?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 Jul 2024 15:06:00 GMT Galileo Financial Technologies, a leader in financial technology solutions and a subsidiary of SoFi Technologies, Inc. (NASDAQ: SOFI), today announced the launch of Galileo 3D Secure (3DS) Access Control Server (ACS). https://www.finextra.com/pressarticle/101606/diamond-trust-bank-signs-with-network-international-for-card-issuance?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101606/diamond-trust-bank-signs-with-network-international-for-card-issuance?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 Jul 2024 10:11:00 GMT Diamond Trust Bank (DTB), a tier one Bank that is listed on the Nairobi Securities Exchange (NSE) and has operated in East Africa over 75 years with over 155 branches across Kenya, Uganda,Tanzania and Burundi, and Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA), have signed a strategic partnership to provide a sound processing platform for hosting and issuing of cards in support of the bank’s efforts in their exciting phase of digital product innovation and expansion. https://www.finextra.com/videoarticle/3150/fintech-in-asia-how-are-digital-experiences-evolving?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3150/fintech-in-asia-how-are-digital-experiences-evolving?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 10 Jul 2024 09:30:00 GMT Join FinextraTV at the Temenos Community Forum 2024 as Ramki Ramakrishnan, Managing Director, APAC, Temenos and Trinh Vinh Hien, CTO & CDO, PVcomBank provide an overview of how the APAC region is leading when it comes to efficient digital experiences and the innovations that have come to the fore since 2022. As more and more customers expect digital access to all services, scalable solutions are imperative for financial players in Asia, the Pacific and further afield. While the likes of Alipay and WeChat attempt to bridge the gap between the banked and unbanked, innovation must ensure it is fit for purpose for all. https://www.finextra.com/videoarticle/3155/embedded-finance-card-programmes-and-scaling-payments-solutions?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3155/embedded-finance-card-programmes-and-scaling-payments-solutions?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 09 Jul 2024 11:49:00 GMT Join FinextraTV at Money2020 2024 as Marcin Glogowski, UK CEO and European SVP/Managing Director, Marqeta, chats about their recent office opening in Warsaw, Poland, the opportunity that the company see in the European Union, and expanding their product offering. A lot of this change is due to demand for embedded finance solutions and the different interpretations of the technology capabilities involved, as well as how advancements in card programmes are enabling businesses to launch and scale their payment solutions more effectively. The industry must explore the potential value that exists behind their technology, grow embedded finance beyond tradition, and utilise the pockets of new use cases that open up. https://www.finextra.com/videoarticle/3099/peace-of-mind-with-every-tap-the-cards-expanded-role?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3099/peace-of-mind-with-every-tap-the-cards-expanded-role?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 05 Jun 2024 08:55:00 GMT Join FinextraTV at Money20/20 Europe 2024 as Amanda Gourbault, EVP and Head of Marketing at CompoSecure, discusses the role of credit and debit cards beyond traditional payments. We look to the near future to understand how payment cards can maintain and enhance security while minimizing purchase rejections, and discover how real-time innovations are addressing customer demands and industry needs for secure and seamless transactions. https://www.finextra.com/videoarticle/3042/changing-the-future-of-credit-with-agile-engineering?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3042/changing-the-future-of-credit-with-agile-engineering?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 20 Dec 2023 09:30:00 GMT In this episode of Unplugged, Harry Jell, CTO at Yonder, talks with Andrew Smith from RTGS.global, about building a successful credit card company in today’s financial climate. They discuss the seamless use of merchant data for user rewards, the importance of AWS and Kubernetes for scalability, and explore potential avenues to enrich transaction data. https://www.finextra.com/videoarticle/2806/payments-in-a-hyper-personalized-world?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2806/payments-in-a-hyper-personalized-world?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 31 Oct 2022 17:32:00 GMT Randy Kern, Chief Technology Officer, Marqeta joins FinextraTV at Money20/20 in Las Vegas, discussing how the expectations of customers are shifting in a hyper-personalized world, what innovations are being made in APIs, and how the nature of card payments are changing to meet the demands for quick, efficient and seamless payments. https://www.finextra.com/videoarticle/2264/fiat-currency-20-counter-argument-to-the-cryptocurrency-narrative?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2264/fiat-currency-20-counter-argument-to-the-cryptocurrency-narrative?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 05 Nov 2019 11:18:00 GMT Tony McLaughlin, Emerging Payments & Business Development, Citi, speaks at Money 20/20 USA about the practical problems that still need addressing in the crypto-currency community, how Fiat Currency 2.0 will help fix payments as a counter balance to crypto and what challenges still exist around tokenisation and coins. We ask how this impacts the big techs and what regulatory, political and ethical concerns need to be addressed first before they achieve their own currencies. https://www.finextra.com/videoarticle/2089/developer-day-at-fusionone-stirs-excitement-among-the-users?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2089/developer-day-at-fusionone-stirs-excitement-among-the-users?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 10 Jun 2019 08:00:00 GMT Finextra’s Hannah Wallace reports on day two of the FusionONE open banking developer conference to learn more about Finastra’s vision for the future of banking re-engineered upon APIs and open platforms. We gain exclusive insight from the developers into what's exciting them most about FusionFabric.cloud and how they are looking to innovate and create using the platform. https://www.finextra.com/videoarticle/2050/encapsulating-themes-from-the-payments-market?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2050/encapsulating-themes-from-the-payments-market?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 29 Apr 2019 09:00:00 GMT Marion King, Director of Payments, NatWest, speaks about her role and the responsibility it entails, including determining payments strategy for a major UK Bank, keeping NatWest's customers secure, regulation and innovation, what key themes we are seeing in the payments market and the developments to come. https://www.finextra.com/videoarticle/2013/exploring-new-commerce-mastercards-sonic-signature?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2013/exploring-new-commerce-mastercards-sonic-signature?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 28 Feb 2019 11:19:00 GMT Raja Rajamannar, Chief Marketing & Communications Officer and President, Healthcare Business, Mastercard, speaks at Mobile World Congress about the unveiling of Mastercard's Sonic Brand, the thinking behind the new musical logo and how it was developed. https://www.finextra.com/videoarticle/2012/the-power-of-partnerships-trust-data--digital-identity?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2012/the-power-of-partnerships-trust-data--digital-identity?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 28 Feb 2019 09:46:00 GMT Ann Cairns, Vice Chair, Mastercard, speaks at Mobile World Congress 2019 about the importance of partnerships, Mastercard's partnership with Microsoft, how they are using data in medicine and towards social reform, and what impact neobanks are having on the industry. https://www.finextra.com/videoarticle/2007/industry-challenges-around-ibor-transition?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2007/industry-challenges-around-ibor-transition?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 11 Feb 2019 09:12:00 GMT Andrew Kouloumbrides, CEO, Xceptor and Bruce Laing, Partner, IBOR Transition lead, Baringa, speaks about the industry challenges around IBOR Transition, what Financial Institutions have done up to date to meet these challenges and what to expect next. https://www.finextra.com/videoarticle/1968/the-global-adoption-of-real-time-payments-sparking-industry-innovation?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1968/the-global-adoption-of-real-time-payments-sparking-industry-innovation?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 16 Nov 2018 16:48:00 GMT Paul Stoddart, Chief Executive Officer, Vocalink & Colleen Taylor, Executive Vice President, Mastercard, speak at Sibos 2018 in Sydney about recent innovations having an impact on the consumer, which markets are ahead of the curve when it comes to adopting the latest real-time applications and how some of the latest innovations have tackled the issue of security, when leveraging the real-time rails. https://www.finextra.com/videoarticle/1960/when-if-ever-will-the-nordics-become-cashless?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1960/when-if-ever-will-the-nordics-become-cashless?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 13 Nov 2018 15:29:00 GMT Erik Zingmark, Head of Transaction Banking, Nordea, speaks at Sibos 2018 in Sydney, whether banks are really being disrupted by fintechs, what corporates are expecting from their banks in the next 3 to 5 years, and when, if ever, it will become cashless in the Nordics. https://www.finextra.com/blogposting/26557/how-big-data-helps-investors-make-better-decisions?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26557/how-big-data-helps-investors-make-better-decisions?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 01 Aug 2024 20:01:05 GMT Source: Freepik Big data has been transforming companies and entire industries worldwide for well https://www.finextra.com/blogposting/26563/generative-ai-way-to-revolutionize-banking-financial-industry?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26563/generative-ai-way-to-revolutionize-banking-financial-industry?utm_medium=rssfinextra&utm_source=finextrafeed Sat, 03 Aug 2024 13:31:09 GMT Any new technology advancement comes with benefits as well as challenges attached. Financial indust https://www.finextra.com/blogposting/26555/from-innovation-to-implementation-ai-blockchain-and-fintech-regulation?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26555/from-innovation-to-implementation-ai-blockchain-and-fintech-regulation?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 01 Aug 2024 16:45:07 GMT AI is setting new benchmarks in the global fintech sector, significantly enhancing how companies int... https://www.finextra.com/blogposting/26545/the-future-of-embedded-finance-solutions-in-the-uk?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26545/the-future-of-embedded-finance-solutions-in-the-uk?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 31 Jul 2024 10:03:05 GMT Embedded finance refers to the seamless integration of financial services, such as payments, into no... https://www.finextra.com/blogposting/26558/where-can-paypal-expand-next?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26558/where-can-paypal-expand-next?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 02 Aug 2024 07:19:13 GMT PayPal is one of the most used payment platforms throughout the world. It is used by everyone for di...