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AIB eyes EUR100m Payzone acquisition

/payments

AIB eyes EUR100m Payzone acquisition

Allied Irish Banks (AIB) is in exclusive talks to buy local payments outfit Payzone in a deal that could be worth EUR100 million, according to the Sunday Times.

/Cards

M1 Finance launches checking account

M1 Finance, the free, automated banking and investing platform, today announced M1 Spend, the checking account and debit card that enables customers to fully experience the best of digital money management. The new checking account and card will launch later this year.

Mobeewave tops up Series B round with Samsung Venture Investment

/Cards

Mobeewave tops up Series B round with Samsung Venture Investment

Canadian mobile contactless payments outfit Mobeewave has increased the size of its Series B funding round to almost US$20 million thanks to new money from Samsung Venture Investment Corporation.

/payments

Discover cards come to Garmin Pay

Discover and Garmin International, Inc., today announced that Discover cardmembers can now make payments using Garmin PayTM, a contactless payment solution for people on the move.

/Cards

Curve incorporates Amex support in Beta

Curve, the smart card that lets users keep all their credit and debit cards on a single card, today announces Amex support in Beta.

/Cards

TagNitecrest scales up card manufacturing suite to meet big bank requirements

TagNitecrest, known today as the “go to” card manufacturers in the challenger banking space, are thrilled to announce that the final stage of their new state-of-the-art banking card and software services building restructure is complete.

/regulation

PSR confirms market review into card-acquiring services

Today, the Payment Systems Regulator (PSR) has published its final terms of reference for a market review into the supply of card-acquiring services.

/Cards

Swedish neobank Personal Finance Co. taps Wirecard for debit card programme

Wirecard, the global innovation leader in digital financial technology, together with the Swedish FinTech P.F.C. - Personal Finance Co., formerly Betalo, have introduced a new digital banking proposition aimed at hundreds of thousands of Swedish consumers.

/Cards

Target to accept contactless Mastercards

Today, Mastercard announced its contactless cards soon will be accepted at Target stores, giving shoppers the ability to simply tap to pay.

/payments

PayPal joins Dosh funding round

Dosh, the fastest growing fintech app, today announced it has closed a $40 million Series B financing round, including $20 million in equity and $20 million in venture debt.

Advent buys majority stake in Argentinian bank-owned payments firm

/payments

Advent buys majority stake in Argentinian bank-owned payments firm

Private equity giant Advent International is buying a 51% stake in Argentinian payments firm Prisma Medios de Pago from a consortium of local banks and Visa International in a deal valuing the company at $1.42 billion.

European Commission hits Mastercard with EUR570 million fine over interchange rules

/Cards

European Commission hits Mastercard with EUR570 million fine over interchange rules

The European Commission has bashed Mastercard with a EUR570 million fine for obstructing merchant access to low-cost cross-border payment services.

Australian Payments Council consults on digital payments

/payments

Australian Payments Council consults on digital payments

The Australian Payments Council is calling for input from businesses, NGOs, government and consumers on what’s needed to support payments in the digital economy of the future.

Fingerprint payments startup Zwipe raises $14 million

/startups

Fingerprint payments startup Zwipe raises $14 million

Fingerprint payment card firm Zwipe has successfully raised $14 million in an oversubscribed offering of new shares to institutional investors and the general public.

/Cards

Wirecard issues multi-currency Visa card to United Money

Wirecard, the global innovation leader for digital financial technology, has partnered with United Money, one of China’s largest currency exchange companies, to digitize payment processes and offer multi-currency Visa travel cards.

/Cards

MineralTree integrates Mastercard to drive accounts payable payments to commercial cards

Today MineralTree, the Accounts Payable and Payment Automation solution provider, announced that it integrates Mastercard In Control with its platform to drive the growth of Accounts Payable (AP) payments using commercial virtual cards.

Square launches debit card for businesses

/Cards

Square launches debit card for businesses

Square continues to spread its tentacles into the banking world through the launch of a debit card for businesses that gives sellers real-time access to funds.

Mastercard cracks down on 'free trial' subscriptions

/Cards

Mastercard cracks down on 'free trial' subscriptions

Mastercard is changing its rules to stop merchants using free trials as a ruse to charge for hard-to-cancel recurring subscriptions.

/Cards

ID Finance sells POS finance business AmmoPay to Paylate

ID Finance, the emerging markets fintech company, has sold off its Russian POS finance business AmmoPay as it focuses on Latin America.

Fiserv agrees $22bn First Data acquisition

/retail

Fiserv agrees $22bn First Data acquisition

Fiserv has struck a $22 billion, all-stock deal to buy First Data, creating a payments and fintech behemoth.

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