3441 articles tagged with this keyword
News/regulation
The Federal Deposit Insurance Corporation (FDIC) has ordered Discover Bank to return more than $1.2 billion to merchants that were overcharged on swipe fees and pay a $150 million civil money penalty.
22 April 2025
News/payments
Barclays has entered a strategic partnership with Brookfield Asset Management that will work towards offloading the UK bank's payments acceptance business "over time".
17 April 2025
The payments sector is getting a major shakeup, with Global Payments agreeing a $22.7 billion deal to acquire Worldpay from GTRC and FIS while offloading its Issuer Solutions business to FIS for $13.5 billion.
A US judge has killed of a Consumer Financial Protection Bureau rule capping credit card late fees at $8.
16 April 2025
News/crypto
Blockchain bank account startup Bleap has joined with Mastercard to launch a non-custodial debit card, making it possible for people to connect stablecoin payments with traditional financial payment rails.
As it reports a 65% surge in full-year profit, Dutch digital bank bunq has stepped up its effort to crack the US, filing for a broker-dealer licence in the country.
US Bank has unveiled a spend management platform to help businesses monitor, track, and control their card-based spending.
15 April 2025
Cryptocurrency exchange Kraken is working with Mastercard to allow customers in the UK and Europe to spend their crypto at over 150 million merchants worldwide.
09 April 2025
NatWest has made a minorty investment in rewards credit card startup Yonder.
08 April 2025
A record 94.6% of all eligible in-store card transactions in the UK were made using contactless last year.
News/retail
The US Department of Justice has cleared the $35 billion merger between Capital One Finance Group and Discover Financial Services.
04 April 2025
The Payment Systems Regulator has set out a series of remedial measures to address the scheme and processing fees imposed on merchant by Visa and Mastercard.
03 April 2025
Visa has reportedly offered Apple roughly $100 million to take over the tech giant's credit card partnership from Mastercard.
02 April 2025
Mastercard is launching a programme designed to bring embedded virtual card technology to commercial payments.
01 April 2025
Ziglu, the UK-based digital banking and crypto platform, has launched Crypto on Card, a new feature enabling customers to spend their cryptocurrency in real-world transactions using their Ziglu debit card.
31 March 2025
News/wholesale
Latin American enterprise spend management platform Mendel has raised $35 million in a Series B funding round led by Base10 Partners and joined by PayPal Ventures.
Debit cards have overtaken cash as the favoured payment method among consumers in Switzerland.
25 March 2025
Rain, a card issuing platform for stablecoins, has raises $24.5 million in new funding led by Norwest Venture Partners.
Welsh startup Burbank has raised £5 million to bring offline tap and pin payments to the e-commerce realm.
Abu Dhabi-based banking-as-a-Service vendor NymCard has secured $33 million in a Series B funding round.
19 March 2025
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