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Which? calls for Government action on access to cash

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Which? calls for Government action on access to cash

Consumer group Which? is continuing its campaign against the closure of bank branches and cash machines across the UK, calling on the Government to introduce legislation guaranteeing free access to cash.

Barclaycard finds that SCA has had no initial impact on transactions

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Barclaycard finds that SCA has had no initial impact on transactions

Early transaction data from Barclaycard following the introduction of Strong Customer Authentication (SCA) rules finds that merchants have not seen an increase in abandoned transactions or declined payments, contrary to popular expectations.

GoCardless enters US market

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GoCardless enters US market

London-based GoCardless is opening for business in the US, on a mission to shake up recurring payments in the world's biggest market.

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SumUp appoints former Ebay exec as EVP for Europe

SumUp today announces the appointment of Alexander von Schirmeister, a former executive at eBay, as its Executive Vice President, Europe.

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Cashplus hires AmEx’s Rahul Duseja as new credit director

Cashplus, the leading challenger to UK banks, today announces the appointment of Rahul Duseja as Credit Director.

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Square Terminal arrives in the UK

Today payments provider Square launched Square Terminal, an all-in-one device that makes credit and debit card processing fair and accessible to more businesses across the UK.

/security

TD give credit cardholders app-based security controls

TD announced today the launch of new card control features on all TD Visa consumer credit cards, including a first-in-Canada ability that gives TD credit cardholders the ability to temporarily block their Canadian credit cards from any in-person international charges through the TD mobile banking app.

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Tribe Payments secures Visa certification

Tribe Payments, a team of industry experts dedicated to delivering the future of payments, has secured certification from Visa, the world’s leader in digital payments, as an issuer and acquirer processor across Europe.

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Santander commences JCB merchant acquiring operations in Spain

Banco Santander (Santander), the major international financial group, has launched JCB merchant acquiring operations in Spain following a license agreement with JCB International (JCBI), the international operations subsidiary of JCB, the Japanese global payment brand.

Banks fear Big Tech competition in booming non-cash payments market

/payments

Banks fear Big Tech competition in booming non-cash payments market

As global non-cash transactions boom and competition from fintech startups and Big Tech flourishes, banks remain reluctant to embrace Open Banking via data sharing, ecosystem partnerships and open platforms, according to a report from Capgemini.

JPMorgan Chase and Wells Fargo invest in kids debit card Greenlight

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JPMorgan Chase and Wells Fargo invest in kids debit card Greenlight

Greenlight Financial Technology, the startup behind an app and debit card for kids, has closed a $54 million Series B funding round led by Drive Capital and joined by JPMorgan Chase and Wells Fargo.

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China's Bank of Communications signs for CPP card Loss Reporting Service

CPP Group Plc, the partner focused, global product and services company specialising in the financial services and insurance markets, has partnered with the fifth largest bank in China, Bank of Communications (BoCom), to provide its online Loss Reporting Service.

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Wirecard and UnionPay sign MoU

Wirecard, the global innovation leader for digital financial technology, has signed an MoU with UnionPay, the world’s largest card scheme, to form a global strategic partnership.

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MetaBank and NationalLink extend relationship through 2021

MetaBank, a wholly-owned subsidiary of Meta Financial Group, Inc.® (NASDAQ: CASH) ("Meta") and a leader in delivering innovative payment, financing and banking solutions to partners throughout the country, today announced a three-year extension of its relationship with NationalLink.

CPI unveils card made from recovered ocean-bound plastic

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CPI unveils card made from recovered ocean-bound plastic

CPI Card Group is introducing a payments card, called Second Wave, with a core made from recovered ocean-bound plastic.

/payments

Mastercard takes aim at $125 trillion B2B payments market

Advances in technology and actionable real-time data are driving businesses to operate faster and smarter. Yet, business payments are often rooted in legacy practices established decades ago. Until now.

Mastercard issuers in the UK to pay retailers for cashback transactions

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Mastercard issuers in the UK to pay retailers for cashback transactions

Mastercard is rolling out a service which will offer UK retailers a fee for processing cashback transactions over the counter, as part of an effort to stem the tide of criticism from politicians and consumer groups over the disappearance of ATMs and bank branches from the high street

Square sues San Francisco for tax refund; says was misclassified as FS business

/payments

Square sues San Francisco for tax refund; says was misclassified as FS business

Square is suing San Francisco for a $1.27 million tax refund, arguing that the city incorrectly classified the payments company's business as "financial services" rather than "information".

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Wirecard to issue digital payout cards and virtual wallets for Credibly small business customers

Wirecard, the global innovation leader for digital financial technology, and Credibly, a US-based business funding fintech, have launched a new collaboration to digitalize Credibly’s funding disbursements.

Stripe launches credit card

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Stripe launches credit card

Payments giant Stripe continues to build out its product suite with the launch of a corporate credit card for business customers.

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