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Samsung and SoFi launch money management tool

/payments

Samsung and SoFi launch money management tool

Electronics giant Samsung has partnered US digital lender SoFi on a mobile-first money management platform and Mastercard debit card.

/payments

Stripe inks deal with JCB

Stripe, the online payment infrastructure provider powering Amazon, Facebook, Shopify, Zoom, Slack, and millions of businesses across 39 countries, today announced several ambitious investments in Japan to accelerate the offline to online transition of the economy and help Japanese firms export globally.

/payments

Stripe launches in five more European countries

Stripe, a global technology company that builds economic infrastructure for the internet, today announced its official launch in the Czech Republic, Romania, Bulgaria, Cyprus, and Malta. Europe is home to some of the largest and fastest-growing online economies in the world.

/payments

Covid-19 accelerates Canadian move to digital payments

According to new data released by Interac Corp., payment transaction records show that today, more than ever, Canadian consumers and businesses are adopting digital methods to spend, send and receive money.

/payments

Walmart and Green Dot revamp MoneyCard

Walmart (NYSE:WMT), together with Green Dot (NYSE:GDOT), today announced updated features and benefits for the Walmart MoneyCard Reloadable Debit Card program.

Maze ransomware gang leak Banco BCR card data

/security

Maze ransomware gang leak Banco BCR card data

The Maze ransomware gang have started posting payment card data stolen during a breach at state-owned Banco de Costa Rica.

MPs warn of danger to cash as ATM withdrawals plummet

/payments

MPs warn of danger to cash as ATM withdrawals plummet

MPs from across the House of Commons have called on the Chancellor to act now to protect the UK cash infrastructure from imminent collapse, as people shun ATMs due to the Covid-19 outbreak.

Covid-19: UK small businesses accelerate transition to card payments

/payments

Covid-19: UK small businesses accelerate transition to card payments

As people turn away from cash during the Covid-19 pandemic, NatWest has seen a significant increase over the last two months in UK businesses moving to accept card payments.

/payments

Fiserv addresses false declines with Authorization Lift

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced it has launched a unique offering designed to reduce the number of legitimate debit card transactions that are wrongly identified and declined as fraudulent, while effectively managing risk.

Contis launches 'carer banking' to support vulnerable customers

/payments

Contis launches 'carer banking' to support vulnerable customers

As the Covid-19 pandemic forces millions to self-isolate, payments firm Contis has developed a programme to enable vulnerable people to safely give carers access to their money.

/sustainable

Gohenry releases biodegradable debit card for kids

We’re excited to introduce the latest (and greenest) addition to our card collection. Meet our new Eco Card: a sustainable debit card that’s not only made from plants, but also plants a tree when it’s first used.

/security

Mastercard and Ethoca to support retailers in combatting chargebacks and fraud during Covid-19

Mastercard and Ethoca announced a new support package for all retailers in Australia and New Zealand to help tackle fraud and chargebacks.

/startups

Malaysia's Soft Space joins Visa's Fast track programme

Visa announced today that Soft Space Sdn. Bhd. is joining Visa’s Fintech Fast Track program, becoming the first Fintech partner to do so in Malaysia.

/cloud

TNS puts payments in the cloud

Merchant acquirers, processors and other payment terminal estate owners can now connect their cloud services to the global payments ecosystem using the new secure TNSConnect Cloud solution from Transaction Network Services (TNS).

/startups

Gig economy banking startup Oxygen selects CPI to deliver debit cards

CPI Card Group Inc. (OTCQX: PMTS, TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced a collaboration with Oxygen, the first digital banking platform tailored to meet the unique needs of the freelance economy.

/payments

Moorwand inks deal with Twiga Wallet

Moorwand, which aims to transform compliance into an enabler of innovation, has been selected by TWIGA Wallet for issuing, acquiring and BIN Sponsorship services ahead of the launch of TWIGA Card.

/payments

Oxygen chooss CPI for gig economy debit cards

CPI Card Group Inc. (OTCQX: PMTS, TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced a collaboration with Oxygen, the first digital banking platform tailored to meet the unique needs of the freelance economy.

Brex raises $150m

/startups

Brex raises $150m

Brex, the fast-growing firm behind a corporate credit card for startups, has raised $150 million in funding from, among others, Lone Pine Capital and DST.

/regulation

Retailers and wholesalers call for urgent amendment of card fees regulation

EuroCommerce Director-General Christian Verschueren today pressed the European Commission to act on the growing problems facing retailers and wholesalers resulting from the limited scope of the Interchange Fee Regulation (IFR).

/payments

HSBC HK converts card loyalty rewards into air mileage

HSBC personal credit card cardholders can start to convert their RewardCash (RC) into mileage free of charge on HSBC Reward+ app from 18 May, along with gifts, vouchers and privileges available from this one-stop reward redemption platform.

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