3447 articles tagged with this keyword
News/payments
Affirm, Max Levchin's buy now, pay later credit card alternative, expects to achieve a valuation of just over $9 billion from its forthcoming IPO on Nasdaq.
06 January 2021
New York's Metropolitan Transport Authority has completed the year-and-a-half-long rollout of contactless payments across its subway stations.
News/retail
Divvy, an American outfit offering businesses a combination of free expense management software and corporate credit cards, has raised $165 million at a valuation of $1.6 billion.
05 January 2021
News/regulation
A US federal judge has sided with PayPal in a lawsuit brought against the Consumer Financial Protection Bureau (CFPB) over recently introduced rules on prepaid cards and digital wallets.
News/startups
Cred a fast-growing Indian startup that allows users to pay their credit card bills and gives rewards in return, has raised $81 million in a Series C financing round, which puts the company at $806 million valuation
04 January 2021
In the wake of Brexit, banks are pushing the UK government to increase the contactless payments limit to £100, breaking with an EU cap of £45.
GoCardless, a processor of recurring debit payments for more than 55,000 businesses worldwide, has raised $95 million in a Series F funding round.
17 December 2020
Fiserv has acquired digital card services platform Ondot.
16 December 2020
News/crypto
Digital banking outfit Quontic has become the first FDIC-insured financial institution in the US to launch a Bitcoin rewards debit card.
15 December 2020
Self Financial, a fintech startup promising to help Americans build their credit while also saving money, has raised $40 million in a Series D funding round led by Meritech Capital.
Barclaycard has launched a new online platform for companies to issue virtual corporate cards and manage spending through a mobile app.
European payments firm Worldline is paying A$485 million for a 51% stake in ANZ's commercial acquiring business, creating a joint venture with the Australian bank.
The UK's Supreme Court has cleared the way for a £14 billion class action lawsuit brought against Mastercard over interchange fee charges.
11 December 2020
News/security
Swedish digital banking challenger Rocker is set to pilot the country's first contactless fingerprint biometric debit card.
09 December 2020
UK-based kids' money management app gohenry has raised $40 million in a funding round led by Edison Partners and joined by Citi Ventures.
08 December 2020
Updraft, a London-based startup promising to help users ditch their credit cards, has raised £16 million in equity and debt.
04 December 2020
Step, a teenager-focused US mobile banking startup, has raised $50 million in a Series B funding round led by Coatue and joined by Stripe and a host of celebrities.
02 December 2020
Euro area consumers are gradually shifting towards cards for in-person retail payments, although cash remained the most used instrument at the end of 2019, according to data published by the European Central Bank.
Cryptocurrency startup BlockFi is to release a credit card that rewards users for shopping by paying a bitcoin cashback bonus.
Authorities have prevented around €40 million in fraud losses thanks to a three-month long operation targeting dark web carding forums, claims crime agency Europol.
01 December 2020
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