3449 articles tagged with this keyword
News/Cards
Mastercard has received approval from the People’s Bank of China (PBOC) to begin formal preparations to set up a domestic bankcard clearing institution in the country.
11 February 2020
Barclays Bank has extended its long-standing partnership with Visa, signing a new multi-year European agreement with the card scheme in an effort to drive innovation and product development and to support growth in new markets.
10 February 2020
News/ai
Citi Commercial Cards has teamed up with conversational AI firm Interactions to roll out an intelligent virtual agent (IVA) feature to its US call centres.
07 February 2020
The UK’s major banks have made hundreds of millions of pounds from cash machine cuts and bank branch closures in the last two years, while fees paid by consumers to access their own cash have soared, new research from Which? reveals.
ZA Bank, the first of the eight firms with a licence to launch a digital bank in Hong Kong, is to deploy payments software from Fiserv as it gears up towards a live launch.
06 February 2020
Business banking platform Tide is introducing a new expense management feature which enables users to upload an image of a receipt and automatically match the expense to a transaction made through a Tide account in real time.
04 February 2020
Digital remittance outfit Remitly is entering the banking business, launching an online account for US-based immigrants.
03 February 2020
News/payments
Worldline is to acquire French peer Ingenico for EUR7.8 billion, creating a European payments powerhouse and the fourth-largest player in payment services worldwide.
For the first time, in the fourth quarter of last year Russians made more payments digitally than with cash, according to analysis from Sberbank.
News/security
Mastercard has made a strategic investment in AI-generated identity authentication company Trust Stamp.
31 January 2020
Nationwide Building Society is trialling a "smart window poster" that people can tap with their contactless cards to make donations to a homeless charity.
Payments Canada is bringing in a rule designed to enable broader point-of-sale debit card acceptance, paving the way for people to use their plastic for, among other things, public transit fares.
30 January 2020
News/crime
The payment card details of more than 30 million Americans, believed to have been stolen in a data breach at convenience store chain Wawa, have been put up for sale on the dark web.
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
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
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