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X to offer trading services soon, claims CEO

/markets

X to offer trading services soon, claims CEO

Social media app X will roll out investing and trading services "soon" and is also pondering its own debit or credit card, claims CEO Linda Yaccarino.

Lunar migrates to Visa-owned cloud-native platform Pismo; adopts Wise platform

/payments

Lunar migrates to Visa-owned cloud-native platform Pismo; adopts Wise platform

Nordic challenger bank Lunar is to begin processing Visa cards over a cloud-native core banking platform provided by Pismo.

Highnote partners BVNK for 24/7 stablecoin funding for card programmes

/crypto

Highnote partners BVNK for 24/7 stablecoin funding for card programmes

Card issuance and embedded finance platform Highnote has enlisted BVNK to launch real-time 24/7 stablecoin-based funding for card programmes.

/payments

IC Payments lends support for the Jutz Credit Card

Access Finance, a financial technology company revolutionizing credit accessibility, will leverage IC Group dba IC Payments services to assist with the secure manufacturing, personalization and fulfillment of the Juzt card.

Ramp aiming for $16 billion valuation on $200 million fund raise

/payments

Ramp aiming for $16 billion valuation on $200 million fund raise

Expense management startup Ramp is in discussions to raise around $200 million in a round of funding that would lift its valuation to about $16 billion.

Shopify, Coinbase, Stripe bring USDC stablecoin payments to merchants

/crypto

Shopify, Coinbase, Stripe bring USDC stablecoin payments to merchants

Shopify is partnering with Coinbase and Stripe to allow merchants to process stablecoin payments for everyday commerce.

Coinbase launches credit card with bitcoin rewards

/crypto

Coinbase launches credit card with bitcoin rewards

Coinbase has partnered American Express to launch a credit card that offers up to four per cent bitcoin back on purchases.

/payments

Marqeta to be issuer processor for new Klarna card

Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it is working with Klarna, the global digital bank and flexible payments provider, to enable the Klarna Card: a new debit card powered by Visa Flexible Credential (VFC) that allows access to built-in flexible payment options.

/payments

US Bank and Fiserv integrate card programmes

U.S. Bank (NYSE: USB) and Fiserv (NYSE: FI) have entered into a partnership in which U.S. Bank’s industry-leading Elan Financial Services credit card program will be integrated into the Credit Choice solution from Fiserv, with plans to introduce significant new capabilities later this year.

/payments

Anna Money taps Episode Six to expand SME business debit card offering

Episode Six, a leading global technology provider of enterprise-grade card issuing and ledger infrastructure, today announced the successful migration of ANNA Money‘s business debit card program.

/payments

Conferma expands virtual card services with JPMorgan Payments

Conferma, the leading virtual card technology provider, has expanded its strategic membership in the J.P. Morgan Payments Partner Network to include J.P. Morgan Payments’ industry-leading virtual card solutions as part of its European offerings.

Australian Payments Plus to bring least-cost routing to online Cick to Pay transactions

/payments

Australian Payments Plus to bring least-cost routing to online Cick to Pay transactions

Australian Payments Plus (AP+) has selected Giesecke+Devrient (G+D) to develop eftpos Click to Pay with integrated least-cost routing (LCR), a project that is billed as a world first for online debit card payments.

Walmart's OnePay adds credit cards to financial services portfolio

/payments

Walmart's OnePay adds credit cards to financial services portfolio

Walmart's fintech unit OnePay is to add credit cards to its expanding portfolio of financial services.

/payments

Zen.com partners Episode Six for Asia expansion

Episode Six, a leading global provider of enterprise-grade card issuing and ledger infrastructure, has been selected as the strategic technology partner by ZEN.COM, the European fintech redefining how people and businesses manage money globally, to power the launch of new debit card programs across Europe and Asia as part of ZEN.COM’s international expansion.

/payments

Worldpay to offer Early Warning's Paze as a checkout option

Worldpay and Early Warning Services have announced a new partnership at Worldpay’s annual client and partner event, Rethink, to enable Paze as a checkout option available to its merchants.

/payments

LianLian and UnionPay forge strategic partnership

Money20/20 Europe, the global fintech flagship event, takes place in Amsterdam, Netherlands. LianLian Global, a brand under the Hong Kong-listed Lianlian DigiTech, has been invited to showcase its innovative digital payment solutions at the event.

Mastercard and PayPal partner to increase choice at the checkout

/payments

Mastercard and PayPal partner to increase choice at the checkout

PayPal is working with Mastercard to use the latter's new One Credential feature to offer shoppers more payment options at the checkout.

/payments

Venmo launches debit card

Venmo, a leading social payments platform, today announced an accelerated expansion of its commerce capabilities, introducing even more benefits for customers to use their Venmo balance beyond peer-to-peer payments - from everyday purchases to earning enhanced rewards in-store and online with the Venmo Debit Mastercard1.

Visa announces key partnerships with Klarna, Zilch to launch flexible debit cards

/payments

Visa announces key partnerships with Klarna, Zilch to launch flexible debit cards

At Money20/20 Europe in Amsterdam, Visa announced plans to launch a pilot for FDIC-insured debit card with Klarna, and roll out Zilch’s first physical card.

/payments

PayPal to issue physical credit card

Today, PayPal announced that PayPal Credit can now be used everywhere with the introduction of a new physical card, issued by Synchrony (NYSE: SYF).

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