Cards

3425 articles tagged with this keyword

/people

Mastercard to pay $26 million to settle gender and race bias class action suit

Mastercard is to pay $26 million to settle accusations that for years it underpaid famale, black and hispanic employees.

/retail

Goldman Sachs invests in Canadian fintech Float Financial

Goldman Sachs has led a C$70 million Series B funding round for Canadian business finance platform Float Financial.

/regulation

European Court of Auditors flags concerns over EU price interventions in card market

The European Court of Auditors has raised concerns over how the EU goes about price interventions in the card market and its approach to open banking data sharing.

/payments

Visa and Qashio team on B2B travel payments

Visa has teamed up with UAE-based spend management specialist Qashio on a business-to-business travel payments offering.

/payments

Digital payments on the rise in Europe, but cash still king at POS

While the use of digital payments continues to rise in the euro area, cash is still responsible for more than half of all point-of-sale transactions, according to a European Central Bank study.

/payments

Chargeback platform Justt raises $30 million

Chargeback management firm Justt has secured a $30 million Series C round to fund global expansion.

/payments

New Zealand reduces merchant service fees for card payments

New Zealand's Commerce Commission has issued a draft decision to reduce fees paid by Kiwi businesses for accepting Visa and Mastercard payments.

/regulation

UK regulator PSR plans cap on cross-border card fees

The Payment Systems Regulator is pushing ahead with plans to introduce a price cap on the fees Visa and Mastercard charge UK merchants when European shoppers make online purchases.

/payments

10 trends that will impact payments in 2025, according to Mastercard

In this preview of a Mastercard report being released in early 2025, leaders at the card processer say that generative AI is emerging as critical to boosting fraud protection rates by as much as 300%.

/payments

Swedish spend management fintech Mynt raises €22 million

Swedish spend management fintech Mynt has raised a €22 million Series B funding round at a significantly increased valuation of approximately €175 million.

/payments

Cash use in the UK rises for second year in a row

Cash usage rose for the second time in a year in the UK as consumers resorted to handing over notes and coins at the till to better aid budgeting.

/crypto

Crypto.com to launch card in Bahrain and expand across GCC region

After securing a principal licence with Mastercard, Crypto.com customers will now be able to use their card at over 150 million in-store and online locations worldwide.

/payments

Mastercard agrees to £200m settlement for fee overcharging

It has been reported that claimants had been seeking £10 billion in compensation for alleged overcharging over several years.

/sustainable

La Banque Postale launches 'impact' bank card

La Banque Postale, in collaboration with WWF France, is the first traditional bank in France to launch an impact bank card where all deposits associated with the card will be used to finance the energy renovation of housing.

/payments

Embedded credit card platform Cardless raises $30 million

Embedded credit card platform Cardless has raised $30 million in growth equity funding.

/inclusion

Beacon launches digital wallet for immigrants to Canada

Canadian startup Beacon has opened the waitlist for its purpose-built digital wallet for immigrants moving to the country.

/payments

Three quarters of UK consumers still carry cash for emergencies says NatWest

While the decline in cash use contnues, new research from NatWest demonstrates its enduring versatility, with three quarters of UK consumers still carrying paper money and coins in case of emergencies.

/payments

Barclays Bank in talks over giving away 80% stake in merchant acquiring business

Barclays Bank is understood to be in discussions with Brookfield Asset Management about giving up 80% of its merchant acquiring arm.

/payments

UK sets out National Payments Vision

The UK Government has published its National Payments Vision (NPV), vowing to cut through the "regulatory congestion" facing the sector to deliver a world-leading ecosystem.

/inclusion

Sunshine+Kittens is set on revolutionising financial education for kids

Finextra spoke to co-founder Charles O’Neil and CMO Dan Walsh, of new financial literacy app, Sunshine+Kittens, which is set to launch early next year.