Cards

3435 articles tagged with this keyword

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Square to close $200m funding round

Square is on the verge of closing a $200 million funding round that would value the dongle and app-based mobile card reader startup at $3.25 billion, according to the New York Times.

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Walmart opposes $7.25bn interchange settlement

Walmart has become the latest retailer to voice its opposition to a $7.25 billion class action settlement with Visa and MasterCard over credit card interchange fees.

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BofA begins roll out of chip cards to American consumers

Bank of America has begun rolling out EMV chip credit cards to consumers, citing the increased acceptance and security offered by the technology for international travellers.

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UK retailers warn on card fees as customers embrace electronic alternatives

Customers are increasingly willing to use alternative payment methods such as PayPal, claims the British Retail Consortium (BRC) as it tries to scare the financial services establishment into cutting credit and debit card processing charges.

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UK Payments Council to be stripped of powers as govt seeks 'fresh start'

Following last year's bungled and abandoned attempt to scrap cheques, the bank-run UK Payments Council is set to be stripped of its powers by the government.

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IZettle starts testing Android app with Samsung

Sweden's iZettle has teamed up with Samsung to start testing an Android version of its dongle and app system for turning mobile phones into credit card readers.

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WikiLeaks opens new payment gateway as reserve funds run dry

Whistle-blowing Website WikiLeaks has opened a new payment gateway for Visa and MasterCard donations through the French Carte Bleue system as it bids to raise $1 million or face closure in the next few months.

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PayPal acquires card scanning startup card.io

PayPal has acquired card.io, the San Francisco-based startup that provides technology for developers to capture credit card information by using the camera on a smartphone.

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German co-operative banks trial mobile sticker technology

Co-operative banks in Germany are piloting NFC mobile payment stickers developed specifically for the country's Secure Chip Card Operating System (Seccos).

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CommBank does an Apple; releases own POS tablets, iPhone terminals and App store

Commonwealth Bank of Australia is to move into the mobile POS business with the release of its own point-of-sale tablet and iPhone attachment coupled with a new API developer portal

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US retailers reach $7.25 billion interchange settlement with card schemes and banks

US retailers have reached a $7.25 billion class action settlement with Visa, MasterCard and nine major credit card issuers, ending a seven-year legal dispute over interchange fees.

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WikiLeaks claims banking blockade court victory

An Icelandic court has ordered local card acquiring outfit Valitor to reopen a gateway to WikiLeaks, giving the whistleblowing Web site its first victory against the banking blockade that has choked off its money supply for over a year.

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Square sets lawyers on mPowa over Web site pic

Square seems to be getting a bit shirty with mPowa, calling in lawyers to demand the upstart rival remove from its Web site an image that bears a striking resemblance to one on Jack Dorsey's baby's own portal.

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Starbucks Android app arrives in Canada and UK

Coffee chain behemoth Starbucks has set its sights on caffeine-hungry Android owners in Canada and the UK.

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Payment startups Stripe and Paydiant secure funding

US payment startups Stripe and Paydiant have both completed multi-million dollar series b funding rounds.

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Asda makes financial services play

UK supermarket giant Asda has re-branded its personal finance arm as it prepares to become the latest retailer to take on traditional high street banks.

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Telefónica and Visa Europe form mobile money partnership

Telefónica and Visa Europe have formed a partnership that will see the pair co-invest in a range of mobile money products and services.

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Google working with banks to test new Wallet APIs; UK launch rumoured

Google says it is working with a number of undisclosed bank partners in a programme to streamline the clumsy card onboarding process for its stuttering mobile wallet service.

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Deutsche Telekom and MasterCard form European m-payments partnership

Mobile network operator Deutsche Telekom has formed a Europe-wide partnership with MasterCard that will see the pair push contactless mobile payments to tens of millions of people.

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AmEx jumps aboard US EMV train

Following in the footsteps of Visa, MasterCard and Discover, American Express has set out a timetable for its US abandonment of mag-stripe cards in favour of EMV chip technology.