3396 articles tagged with this keyword
News/Cards
A Russian national who ran a criminal marketplace for selling stolen payment cards has pleaded guilty to multiple charges in a US Federal Court.
28 January 2020
News/payments
New York City Council has voted to ban cashless stores and restaurants, arguing that they discriminate against the unbanked.
27 January 2020
Mastercard has invested in Indian merchant commerce platform Pine Labs, as part of a collaborative effort to capitalise on growing demand for buy-now, pay-later installment financing in Asia.
24 January 2020
Mastercard has opened an intelligence and cyber centre in Vancouver, housing 380 new employees working on areas such as security, AI and the Internet of Things.
23 January 2020
Far from sounding the death knell for cash, the rise of digital payments will instead lead to the extinction of the plastic card, according to Deutsche Bank research on the future of payments.
All new cards sent out by issuers in India will not be contactless enabled or capable of online or international payments until the customer turns on these features, under new central bank rules.
Visa is taking its 'access to cash' programme industry-wide, working with partner banks to offer high street retailers in remote and rural locations a fee for processing cashback transactions over the counter.
22 January 2020
News/devops
Mastercard is working with US card issuing platform Marqeta to provide a programme for European fintechs to rapidly deploy new applications, with Prague-based payments app Twisto the first beneficiary.
Flutterwave, a payments startup operating in Africa, is looking to expand across the continent after closing a $35 million funding round and securing partnerships with Visa and WorldPay.
21 January 2020
News/startups
Days after splashing out $5.3 billion to acquire data sharing startup Plaid, Visa has opened its wallet again to invest an undisclosed sum in data security outfit Very Good Security.
16 January 2020
Swedish payment institution P.F.C. is introducing a retroactive buy-now, pay-later option for users to convert purchases to a part-payment after the fact.
News/security
A US judge has rubber-stamped a $1.38 billion settlement related to the massive 2017 data breach at Equifax - capping the amount available for cash payouts to victims.
NatWest is to provide Esme Loans and Rapid Cash lending services direct to users of pre-paid company card Soldo, as the bank aims to increase lending to SMEs throughout 2020.
15 January 2020
Visa and Samsung are banishing the dongle, teaming up on a handset that enables merchants to accept contactless payments without the need for any additional hardware.
13 January 2020
UK credit card issuer NewDay is set to acquire retail finance platform Deko in bid to diversify its offering.
10 January 2020
Belgium's big four banks are joining forces to set up a network of bank-neutral ATMS, with the aim of accommodating changing customer behaviour towards the use of cash.
News/regulation
UK consumer electronics retail group Dixons Carphone has been fined £500,000 after hackers compromised its point-of-sale system and gained access to the details of 5.6 million payment cards.
09 January 2020
American Express has taken another step towards entering the massive Chinese payments market after the country's central bank accepted the US firm's application to start a bank card clearing business.
With sources of profit proving elusive in the competitive challenger bank market, Tandem has acted to raise returns by announcing that users of its cashback credit card will be charged a monthly fee of £5.99 from 9th March.
Mastercard is to introduce an augmented reality app that will transport cardholders into an immersive 360-degree virtual environment from where they can explore the range of benefits that come with their card.
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