3457 articles tagged with this keyword
News/payments
New York's Metropolitan Transit Authority (MTA) is to phase out its thirty-year old MetroCard in 2023 in favour of contacless payment acceptance across its network.
12 March 2021
News/crypto
Cryptocurrency player BlockFi has hit a $3 billion valuation off the back of a $350 million Series D funding round led by Bain Capital Ventures, partners of DST Global, Pomp Investments, and Tiger Global.
11 March 2021
News/inclusion
Cheese, a US digital banking platform targeting Asian communities, has launched with a pledge to donate $100,000 to nonprofits and community service programmes in support of Asian neighbourhoods and businesses hit by violence and economic hardship during the pandemic.
10 March 2021
News/sustainable
Spain's CaixaBank is the latest lender to start issuing cards made from recycled plastic and biodegradable components.
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
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
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
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