66 articles tagged with this keyword
News/security
Mastercard is using generative AI to double the speed at which it can detect potentially compromised cards.
23 May 2024
News/payments
Google Pay has received a revamp to make it easier for shoppers to see card benefits, use BNPL on more sites, and ditch CVV codes in favour of biometrics at checkout.
News/retail
The collapse of BaaS platform Synapse has forced teen finance app Copper to suddenly discontinue its bank deposit accounts and debit cards, leaving some customers unable to access their funds.
22 May 2024
News/crypto
A team of ex-Revolut employees have released Zeal, a DeFi wallet and debit card combination that enables direct cryptocurrency spending on everyday items, eliminating the need for conversion to fiat currency.
The UK's Payment System Regulator (PSR) has stepped back from imposing financial penalties on Visa and Mastercard scheme and processing fees, despite evidence that the firms are running an effective duopoly in the supply of services to merchants.
21 May 2024
Visa has unveiled a suite of new digital-first products and services that it claims will revolutionise the card and address the future needs of businesses, merchants and consumers and the financial institutions that serve them
16 May 2024
Israeli startup Kima is running a project with Mastercard's FinSec Innovation Lab to connect decentralised finance (DeFi) applications with fiat systems.
14 May 2024
US card giant Mastercard, through a joint venture, has finally begun processing domestic payments in China.
10 May 2024
JP Morgan is promising faster domestic payments in the US, through the Visa Direct network.
07 May 2024
Mastercard is tackling the growing threat of scams through the launch of an AI-based product suite and several cross-industry partnerships.
25 April 2024
News/regulation
The Reserve Bank of India has ordered Kotak Mahindra Bank to stop onboarding new customers via digital channels and to pause issuing new credit cards because of failures with the lender's IT systems.
24 April 2024
UK small business lender OakNorth has teamed up with Marqeta to offer commercial debit cards to its customers.
UniCredit is upgrading all its debit, credit and pre-paid cards with features designed by Mastercard for blind and partially sighted people.
23 April 2024
News/startups
US startup Pomelo has raised $35 million in a Series A funding round for its credit-building remittance app and card.
News/inclusion
Financial wellbeing app Wagestream has raised £17.5 million in a funding round joined by a British Business Bank subsidiary.
19 April 2024
HSBC Australia and Westpac have signed on as the first banks to offer a new Mastercard app that enables virtual commercial cards to be added to digital wallets.
Finance automation and corporate credit card startup Ramp has raised $150 million in a funding round co-led by Khosla Ventures and Founders Fund.
18 April 2024
PayPal Ventures has led an €18+ million Serie A extension for Berlin-based corporate card platform Pliant as it prepares for expansion into the UK.
Cloud tokenisation provider TokenEx has agreed a merger with payments orchestration platform Ixopay. Financial terms were not disclosed.
Empower Finance has agreed to buy US credit fintech Petal and closed the acquisition of Philippines-based Cashalo.
09 April 2024
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