Latest Cards News: Finextra Research

BNP Paribas to charge €24 a year for biometric card

French bank BNP Paribas is offering its Visa Premier cardholders the chance to upgrade to a contactless fingerprint option - for a €24 annual fee.

27 January 2021

News/payments

Why cash matters: UK supermarket shoppers face payment card woes

UK supermarkets Morrisons and The Co-op have suffered payments glitches that have left some customers unable to pay by card and others charged twice.

26 January 2021

Company update/sustainable

Mastercard pledges net zero emissions by 2050

Mastercard is furthering its commitment to create a more sustainable and inclusive digital economy, with a pledge to reach net zero emissions by 2050.

26 January 2021

Company update/security

Ravelin releases certified 3DS2 authentication service for merchants and payment service providers

Ravelin today announces that its industry-first 3D Secure 2.2 ("3DS2") solution has been certified by global payments body EMVCo and approved by payment schemes including Visa.

26 January 2021

Company update/inclusion

Syntehsis releases tap-on-phone tech for African merchants

Synthesis, an innovative software and consulting company, has announced the launch of Halo, the tap-on-phone contactless payment solution.

26 January 2021

News/payments

TrueLayer launches payments-as-a-service product

Open Banking API provider TrueLayer has launched its first payments product, providing firms with the ability to onboard customers and bypass card schemes using faster payment rails for account-to-account payouts and deposits.

26 January 2021

Company update/security

Mastercard unveils 'enhanced contactless' tech for the quantum world

Mastercard today announced that it is applying the latest quantum-resistant technologies to develop the next generation of contactless payments.

26 January 2021

Company update/payments

UK railway stations get contactless charity donation kiosks

Worldline and kiosk innovators Evoke Creative have combined to design a charity donation kiosk to support Network Rail’s Route out of Homelessness charity initiative this winter.

25 January 2021

Company update/people

G+D puts Gabrielle Bugat in charge of e-payments

Giesecke+Devrient has appointed Gabrielle Bugat (43) as a new member of the G+D Group management team.

25 January 2021

Company update/payments

Moneygram extends debit deposit programme in EU with support from Checkout.com

MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced the expansion of its Visa debit card deposit service across Europe.

25 January 2021

News/payments

Mastercard hikes interchange fees for UK online purchases from the EU

Mastercard has imposed a five-fold increase on credit card interchange fees charged for UK online purchases from the EU, following Britain's withdrawal from the European Union.

25 January 2021

Company update/crypto

Mogo introduces one percent bitcoin cashback rewards

Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company empowering the next generation of consumers, today announced that their first-of-its-kind bitcoin rewards program has been extended to include the Mogo Visa* Platinum Prepaid Card (“MogoCard”) and digital spending account.

25 January 2021

Company update/payments

MoneyGram extends Visa debit card deposit service across Europe

MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced the expansion of its Visa debit card deposit service across Europe.

22 January 2021

Company update/inclusion

Mastercard and Network International launch digital payments platform across Middle East and Africa

Mastercard, a technology leader in the global payments industry, and its strategic partner, Network International, the leading enabler of digital commerce in the Middle East and Africa (MEA) region, have collaborated to launch a new digital platform which will accelerate the adoption of digital payments across the Middle East and Africa.

22 January 2021

News/payments

Nine-in-ten of all UK in-store card payments made with contactless

The Coronavirus pandemic has cemented the role of contactless as the preferred way to pay in the UK, accounting for nine-in-ten of all elgible card transactions in 2020.

22 January 2021

Company update/payments

Eurocard to install automated VAT reclaim software from Danish fintech Cardlay

Eurocard will be rolling out the fintech company Cardlay’s solution Vattax for reclaiming VAT automatically to small and medium-sized enterprises across the Nordic region.

21 January 2021

Company update/payments

DNA Payments acquires Active Merchant Services

DNA Payments Group (DNA), a fast-growing vertically integrated payments company, has acquired Active Merchant Services (also known as Active Payments), a UK-based independent sales organisation with more than 2,500 merchants.

21 January 2021

News/payments

Bank of England supplys ONS with UK debit and credit card transaction data

The Bank of England will for the first time provide the UK's Office for National Statistic (ONS) with credit and debit card transaction data to better inform policy-makers about how people have been spending their money.

21 January 2021

News/crypto

Bitpanda to issue multi-asset debit card

Crypto-broker Bitpanda is taking pre-orders for a new Visa debit card that combines all assets like cryptocurrencies, fiat and precious metals into one card in real time.

20 January 2021

News/predictions

Worldline and Nexi emerge as chief beneficiaries of EU payment consolidation

The recent wave of consolidation among payment processors in Europe provides a powerful motivation for banks to review their acquiring business, according to a deep-dive analysis of the EU payments sector by Jefferies.

19 January 2021