3447 articles tagged with this keyword
News/payments
Intuit has filed a federal lawsuit against Mastercard and Visa over 'unlawful' price fixing in interchange and card scheme fee structures.
24 February 2021
Buy now, pay later schemes are expected to account for 10 percent of all UK e-commerce sales by 2024, according to data compiled by Worldpay.
The European Payments Initiative, a bank-backed joint venture that aims to build a rival to Mastercard and Visa, has put out a Request for Information for 'qualified technical partners' to help build its central infrastructure.
News/cloud
South African digital lender TymeBank has raised R1.6 billion (about $109 million) in a round joined by an Apis Partners fund and Philippines-based JG Summit.
23 February 2021
Lloyds Banking Group is tapping Mastercard's Open Banking software to enable customers to pay off their credit card bills via their mobile app and draw on funds directly from a current account of their choice.
News/regulation
Brex, the fast-growing firm behind a corporate credit card for startups, has filed for an Industrial Bank Charter in the US.
22 February 2021
News/retail
Covid-19 has accelerated the trend towards contactless cash withdrawals in Switzerland, according to SIX, which says that more than a third of machines in the country are now equipped with QR code readers while another 20% have NFC readers.
19 February 2021
On the heels of filing for an IPO, Marqeta has added credit cards to its open API issuing and processing platform.
18 February 2021
Analysts at UBS believe that biometric payment cards could capture a 15% share of the card market within the next five years.
Open API card issuing and processing platform Marqeta has filed confidentially with US regulators for a proposed initial public offering, according to Reuters.
17 February 2021
Billhop, the Swedish company which makes every invoice and bill payable by card, has closed a €4M Series A investment round from financial technology VC Element Ventures.
16 February 2021
News/inclusion
Indian fintech BharatPe has hit a $900 million valuation off the back of a $108 million Series D funding round led by Coatue Management.
12 February 2021
News/crypto
Mastercard is preparing its network to handle the direct processing of cryptocurrency payments later this year.
11 February 2021
TomoCredit, the US startup behind a credit card designed to help first-time borrowers build credit history, has raised $7 million in a seed funding round joined by Barclays.
10 February 2021
News/startups
Pollinate, a merchant acquriring startup founded by former Monitise chief Alastair Lukies, is in talks to raise $50 million in new funding.
A £14 billion Mastercard consumer damages case is to return to the UK's Competition and Appeals Tribunal for certification next month.
NatWest is to convert all of its debit cards to Mastercard, giving the card scheme a massive leg-up in its efforts to break the UK dominance of rival Visa.
04 February 2021
US digital currency outfit Uphold is set to launch crypto-enabled cards across Europe thanks to the acquisition of issuer Optimus Cards UK. Financial terms were not disclosed.
Abu Dhabi-based banking-as-a-service vendor NymCard has raised $7.6 million in Series A financing.
02 February 2021
Visa CEO Alfred Kelly says the card scheme is preparing its payments network to handle a full range of cryptocurrency assets.
01 February 2021
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