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Number of ATMs worldwide drops for the first time as demand for cash decreases

Brand-new research shows that the number of ATMs installed worldwide fell by 1% in 2018, to stand at 3.24 million, impacted by branch closures and the rising popularity of mobile payments.

/ai

Mastercard and Zivelo use AI to revamp ordering at fast food restaurants

Today, Mastercard announced a partnership with Zivelo, a leader in self-service kiosk technology, to enhance the drive-in and drive-through ordering experience for quick service restaurants (QSRs) with a first-of-its-kind AI-powered voice assistant and personalized dynamic menu.

/Cards

Paytm First Card issued by Citi

Paytm First Card, India’s first card with 1% universal unlimited cashback, and no restrictions on earning categories, was launched today.

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South African challenger Discovery taps Aconite EMV product suite for card issuance

Aconite Technology Ltd is proud to announce that Discovery Bank, a new digital-only challenger bank launched by Discovery Central Services Limited, the leading South African insurance and financial services provider, has started issuing and processing EMV debit and credit cards using Aconite Technology’s EMV solution suite.

/startups

Binji launches consolidated card app

Today, Binji, a new company disrupting the FinTech category, launched the most complete personal finance solution to pay and get paid in today's digital world.

/payments

Lyft teams up with Mastercard to give drivers immediate access to earnings

One-third of the U.S. workforce earns at least part of their income through the gig economy. Today, Mastercard announced an expanded partnership with Lyft to bring Lyft drivers the tools they need to thrive in the ever-changing gig economy.

/Cards

American Express acquires restaurant reservation app Resy

American Express (NYSE: AXP) today announced it has signed an agreement to acquire Resy, the digital restaurant reservation booking and management platform.

/Cards

Mastercard rolls out Innovation Engine

Today, Mastercard introduced the Mastercard Innovation Engine, an API based digital platform that enables issuers and merchants a simplified path to rapidly deploying digital capabilities and experiences to their customers.

/payments

Visa partners Ebanx to push e-payments in Brazilian cities

Cascavel and Paranaguá are the cities chosen to begin the expansion in the Brazilian state of Paraná of Cities of the Future (Cidades do Futuro in Portuguese), a Visa program in Brazil whose objective is to encourage the use of electronic payments in places where the use of paper money still predominates, seeking local development.

/startups

Denmark's Pleo secures $56M Series B investment

Fintech company Pleo, an all-in-one business spending platform based around smart company cards, today announces a $56M Series B financing round led by Stripes, a leading New York-based growth fund, with participation from existing investors, Kinnevik, Creandum and Founders.

/payments

Mastercard partners Kisio on mobility services

While technology has transformed how people search and pay for transportation around a city, multi-modal journeys often require separate tickets, delivering a frustrating experience for riders.

/payments

Wirecard scores processing deal with Apollo

Wirecard, the global innovation leader for digital financial technology, has assumed responsibility for the entire payment processing in the e-commerce shop of Apollo, one of the largest optical retailers in Germany.

/payments

MuchBetter scores deal with football club West Ham

West Ham United is delighted to announce an agreement with MuchBetter to become the club’s official Online & Digital Payments Wallet partner.

Germany sees card payments overtake cash

/Cards

Germany sees card payments overtake cash

Germany, one of Europe's last bastions of cash, has seen card payments eclipse traditional cash-based payments for the first time according to a new study.

ING joins $14 million round in consumer credit app Twisto

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ING joins $14 million round in consumer credit app Twisto

ING has joined in a $14 million funding round in buy now, pay later app Twisto.

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RoosterMoney issues Visa prepaid card for kids

RoosterMoney, the pocket money app, is launching the Rooster Card, as it continues to expand its offering and build on its mission to take children from their first steps in understanding the value of money to their first bank account.

Visa seals Earthport acquisition

/payments

Visa seals Earthport acquisition

Visa has completed the acquisition of UK-based Earthport, providing an entree for the card scheme into the $80 trillion account-to-account payments market.

Mastercard trials biometric cards in Mexico

/Cards

Mastercard trials biometric cards in Mexico

Mastercard is teaming up with prepaid specialist Edenred and the Mexican state of Sonora to trial the use of cards with embedded fingerprint sensors for benefit programme disbursement.

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JCB International inks European deal with Viva Wallet

JCB International, Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., and global acquirer Viva Wallet, the global cloud based digital payments factory, today announced the signing of a joint licencing agreement, enabling JCB cards to be used at all POS systems and online touch points across Europe. This covers 108 K merchants in 12 countries.

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Wirecard collaborates with Orange Money to launch digital payment services in Eastern Europe

Wirecard, the global innovation leader for digital financial technology, is expanding its collaboration with Orange in the field of digital payment and banking.

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