3393 articles tagged with this keyword
News/payments
Southeast Asian digital payments infrastructure provider Xendit has raised US$64.6 million in a Series B funding round led by Accel.
03 March 2021
Lithuanian payments startup kevin. has released a novel product for merchants that switches customers from card payments to account-to-account (A2A) payments at the checkout.
UK chancellor Rishi Sunak is set to announce a change in the contactless limit from £45 to £100 in his budget speech this week.
02 March 2021
News/inclusion
Mexican fintech Stori has raised $32.5 million in a Series B funding round to bring credit cards to the country's middles class.
01 March 2021
Max Levchin's BNPL outfit Affirm is launching a debit card that lets users pay for purchases over time.
26 February 2021
News/sustainable
TreeCard, the provider of a wooden Mastercard debit card that channels profits from merchant surcharges into reforestation programmes, has raised $5.1 million in a funding round led by EQT Ventures
25 February 2021
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
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
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