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Moorwand launches acquiring service for online merchant sales

Moorwand, a dedicated BIN sponsor that turns compliance into a competitive advantage, has today launched its online acquiring solution for customers – banks, fintechs, processors, PSPs and merchants – across Europe.

Card-as-a-service startup Deserve raises $50 million

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Card-as-a-service startup Deserve raises $50 million

Deserve, a provider of bespoke white label credit card and loyalty programmes for third party audiences, has raised $50 million in a funding round led by Goldman Sachs.

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ACI Worldwide and Cardtronics extend relationship

ACI Worldwide (ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced an extension of its long-term relationship with Cardtronics, the world’s largest ATM operator. Cardtronics, a long-time ACI customer, is modernizing its offerings for merchants and financial service providers through ACI’s UP Retail Payments solution – an integrated platform for all payment channels.

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Paragon ID buys Thames Technology

Thames Technology, one of Europe’s largest card issuing partners specialising in the design, manufacture, personalisation and distribution of payment and retail card programmes, announces that the company will join Paragon ID.

RBS, Mastercard and EFM Asset Management invest in Pollinate

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RBS, Mastercard and EFM Asset Management invest in Pollinate

RBS has joined forces with Mastercard, Motive Partners and EFM Asset Management to invest in merchant acquiring startup Pollinate.

/payments

Payments innovation platform Weavr announces launch partners

Today, Weavr, the open collaboration platform for digital innovators and fintechs, announced Global Processing Services (GPS), Paynetics and iDenfy as its launch partners.

Link fields 100 applications for Cash Delivery Fund

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Link fields 100 applications for Cash Delivery Fund

A month after setting up an access to cash fund, the UK's Link ATM network says it has received more than 100 requests for the installation of free-to-use cash machines by local communities.

Kroger ends Visa ban

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Kroger ends Visa ban

US supermarket giant Kroger is accepting Visa credit cards at all of its stores again, ending a ban begun more than a year ago in protest at "excessive" interchange fees.

/payments

Visa expands transit partner programme

Visa Inc. (NYSE: V) today announced that 100 partners have enrolled in its global transit partner program, Visa Ready for Transit, giving transit agencies access to an expanded network of technology solutions and expertise to make it easier to get around.

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Transbank selects AEVI to transform instore checkout for merchant customers in Chile

Transbank S.A. and AEVI announced here today a major strategic partnership to help Transbank’s customers in Chile deliver omnichannel and digital in-store experiences for their merchants.

Starling issues dual currency debit card

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Starling issues dual currency debit card

Starling Bank has issued a dual currency debit card which enables users to pay for purchases in either pounds or euros.

Massive cache of Indian card data goes up for sale on dark web

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Massive cache of Indian card data goes up for sale on dark web

The details of more than 1.3 million credit and debit cards - most of them from India - have been put up for sale on an underground forum.

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China's growth cements UnionPay as world's largest card scheme

New research from RBR shows that there were 16 billion payment cards in circulation at the end of 2018, up by 10% since a year earlier.

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Venmo adds cash-back rewards to card

Today, we’re excited to give our users another reason to love the Venmo card. We’re introducing Venmo Rewards, a program that offers automatic cash back when users pay with the Venmo card at some of their favorite retailers.

Royal British Legion taps Elavon for contactless donations

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Royal British Legion taps Elavon for contactless donations

The Royal British Legion will be out in force across British cities in November, collecting contactless donations for the annual Poppy Appeal through a network of 1100 cashless terminals provided by Elavon.

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CIBC clients can now replace a lost or stolen credit card through mobile or online banking

CIBC (TSX: CM) (NYSE: CM) clients can now replace a lost or stolen credit card in a few simple steps through mobile or online banking and instantly use the new card with their mobile wallet before the physical card arrives.

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MyPOS ships debut desktop model

LEADING payments provider myPOS has unveiled its first-ever countertop device, as it targets hotels, restaurants and retail store merchants.

/startups

Mastercard bundles startup programmes under Accelerate brand

Mastercard today launches Mastercard Accelerate, a global initiative that simplifies the way that Mastercard works with fintechs, giving them access to everything they need to grow quickly.

/payments

Citi selects PPRO to handle digital payments

Citi’s Treasury and Trade Solutions (TTS) announced today that it is entering into additional partnerships to support the development of its forthcoming consumer payments offering for institutional clients -- Spring by CitiSM.

Globalisation of payments highlights need for new standards of governance

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Globalisation of payments highlights need for new standards of governance

2020 will see a development in the standards governing the flow of money to match the increased globalisation of payment processing, according to Deloitte.

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