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/security

Fime launches India's first EMV Level 1 certification services

Fime has launched India’s first EMV®* Level 1 contactless testing laboratory and certification services in support of the national Make in India initiative.

/retail

Lunar inks deal with esports giant Astralis

Challenger bank Lunar and esports team Astralis break the barriers of what to get from your bank. As of today Lunar users can get an Astralis branded debit card, get closer to the players and the team, get insider tips from the stars and access to exclusive content and news. Ahead of the official launch more than 6,000 are on the waitlist.

/payments

Stocard selects Moorwand issuing services for European expansion

Moorwand, which aims to transform compliance into an enabler of innovation, today announced that it has been selected by German fintech Stocard for issuing and BIN sponsorship services in the UK, France, Germany, Netherlands and Italy.

/crypto

Simplex adds to crypto product suite

Simplex, the global market leader of the fiat-crypto infrastructure, announced the launch of a long anticipated addition to its product suite: Simplex Banking, a revolutionary method that enables crypto exchanges and wallets to offer anyone, anywhere to buy and sell crypto assets.

/payments

TransferGo and Mastercard team on cross-border payments

TransferGo and Mastercard today have announced a partnership that enables customers across 20 European countries to make international money transfers from any payment card or bank account directly to a Mastercard debit or credit card.

/sustainable

Sokin and Idemia partner for recycled plastic payment cards

Sokin is set to be one of the first new-generation financial institutions to issue recycled plastic payment cards in over 200 countries.

/payments

Bank of Queensland picks Fiserv for card issuing

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, has been selected by the Bank of Queensland (BOQ) Group to deliver a card issuing and management solution that can support multiple brands and products for BOQ and Virgin Money Australia (Virgin Money).

Updraft raises £16m to help Brits break up with their credit cards

/startups

Updraft raises £16m to help Brits break up with their credit cards

Updraft, a London-based startup promising to help users ditch their credit cards, has raised £16 million in equity and debt.

/people

Mastercard appoints Craig Vosburg as chief product officer; promotesLinda Kirkpatrick to persident

Mastercard today appointed Craig Vosburg as chief product officer and named Linda Kirkpatrick to succeed him as president, North America, with both positions effective January 1, 2021.

Celebrities join $50m funding round for teen banking app Step

/startups

Celebrities join $50m funding round for teen banking app Step

Step, a teenager-focused US mobile banking startup, has raised $50 million in a Series B funding round led by Coatue and joined by Stripe and a host of celebrities.

ECB offers robust support of cash as digital payments creep up

/payments

ECB offers robust support of cash as digital payments creep up

Euro area consumers are gradually shifting towards cards for in-person retail payments, although cash remained the most used instrument at the end of 2019, according to data published by the European Central Bank.

BlockFi opens waiting list for bitcoin rewards credit card

/crypto

BlockFi opens waiting list for bitcoin rewards credit card

Cryptocurrency startup BlockFi is to release a credit card that rewards users for shopping by paying a bitcoin cashback bonus.

/security

AusPayNet says industry efforts are driving down payment card fraud

Figures released today by the industry self-regulatory body Australian Payments Network (AusPayNet) show fraud on payment card transactions declined 15.4% in the 12 months to 30 June 2020 (FY20).

/payments

Rapyd lands in Thailand

Rapyd, a global Fintech as a Service company, announced the launch of its ‘all-in-one’ suite of payment capabilities in its seventh global market - Thailand.

/payments

ReceiptHero signs co-operation agreement with Eurocard

ReceiptHero is pleased to announce that it has signed a cooperation agreement with Eurocard, the largest corporate card issuer in the Nordics.

/people

Chargebacks911 appoints new director of business development, Apac

A global leader in dispute management and mitigation, Chargebacks911, today announced the appointment of Jia Min Tan to the role of Director of Business Development, APAC, as part of its ongoing expansion in the region.

/payments

Unlimint launches local acquiring service in Mexico

Global fintech Unlimint furthers its goal to bridge the gap between consumers and ecommerce businesses in Mexico by launching local acquiring services in the region.

Carding forum crackdown prevents EUR40m in payments fraud

/security

Carding forum crackdown prevents EUR40m in payments fraud

Authorities have prevented around €40 million in fraud losses thanks to a three-month long operation targeting dark web carding forums, claims crime agency Europol.

/payments

Mastercard rolls out mobile virtual card for corporate expenses

Mastercard and its partners, TSYS, a Global Payments company, and Extend, today introduced a mobile virtual card solution that enables virtual corporate cards to be easily loaded into a mobile wallet for fast and secure contactless payments.

/payments

Velo Labs, Lightnet Group and Visa collaborate on payments provisioning in Asia

Velo Labs Technology Ltd. (Velo Labs) has announced a collaboration with Lightnet Pte. Ltd. (Lightnet Group) and Visa Worldwide Pte. Limited (Visa) to jointly develop payment solutions in Asia.

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