Cards

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JCB and Wex to issue virtual cards in Japan

JCB International, Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., today announced a new partnership with WEX Inc. (NYSE:WEX), an industry-leading global provider of corporate payments solutions, to enable WEX virtual payments technology in Japan.

/security

Hacking scam hits California ATMs

The US National ATM Council is warning cash machine operators of an emerging scam in which criminals re-programme the terminal to dispense notes even when a transaction is denied.

/payments

The revolution of money is in the hands of the consumer – a Money 20/20 round-up

For the seventh year running, Money 20/20 put on an impressive show in Las Vegas and welcomed thousands of innovators from the fintech and banking industries to learn about disruption and forge business connections.

/startups

South Africa's app-only Bank Zero gets license

Bank Zero, a digital-only South African bank co-founded by former FNB chief executive Michael Jordaan, has begun alpha testing its app after securing a mutual banking license.

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Fiserv completes acquisition of Elan units

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced the completion of its acquisition of the debit card processing, ATM Managed Services and MoneyPass surcharge free network of Elan Financial Services, a unit of U.S. Bancorp (NYSE: USB).

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Visa strengthens East Africa presence through partnership with Tanzanian telecom firm

Visa, the global payments technology company, has announced a strategic partnership with Halotel to enable Visa on mobile payments on Halotel’s HaloPesa wallet in Tanzania.

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Bank of America and Talech team to deliver point-of-sale suite for restaurants and bars

Bank of America Merchant Services, a leader in payments, eCommerce and security solutions, and talech, a pioneer in cloud-based restaurant management software, are teaming up to help full-service restaurant and bar owners with one or more locations run their businesses more efficiently through a new, innovative point-of-sale solution.

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Even Financial to acquire Birch Finance

Even Financial ("Even"), the leading search, comparison and recommendation engine for financial services, announced today that it is acquiring Birch Finance ("Birch"), an award-winning personal finance app that helps everyday consumers find the best credit cards and optimize their rewards.

/Cards

Wirecard to issue Spendit employee benefit cards

Wirecard, the global innovation leader for digital financial technology, along with Spendit AG, a multi-award-winning HR and FinTech company, are expanding their long-term cooperation and are set to develop digital solutions in the area of employee benefits for the whole of Europe.

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SmartPesa opens payments gateway in Nigeria

SmartPesa, a specialised payments and agency banking technology solutions provider based in Singapore, today announced its partnership with Nigerian e-commerce and e-payments company NetPlusDotCom to launch its cutting-edge payments gateway in Nigeria.

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Icici Bank launches co-branded credit card with Amazon

ICICI Bank, today announced the launch of a co-branded credit card in an exclusive partnership with ‘Amazon Pay’, the online payment platform of the global e-commerce company Amazon.

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UK consumers warm to biometric payment cards - Gemalto

More than half of UK consumers (54 percent) would be ready to use biometric payment cards if they were available at their bank today, according to new research revealed by digital security leader Gemalto and conducted by GfK.

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Hitachi and SBI form payments joint venture

Hitachi is moving into the merchant acquiring business, buying a 26% stake in SBI Payment Services in India.

/payments

RBS picks First Data for merchant services

First Data (NYSE: FDC), a global leader in commerce enabling technology, announced today it has signed an agreement with Royal Bank of Scotland Group (RBSG) to provide merchant services to business customers throughout the U.K.

/security

British Airways warns another 185,000 cards compromised by data breach

British Airways is warning that another 185,000 customers may have had their payment card details stolen in a data breach.

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American Express taps Rambus for Tokenization programme

Rambus Inc. (NASDAQ: RMBS) and American Express Australia today announced a new collaboration to help merchants enrich and secure e-commerce and m-commerce transactions with tokenization.

/security

Emailage rolls out RapidRisk Score for lightning fast fraud detection

Emailage, the global leader in online fraud prevention and email risk assessment, has launched its cutting-edge RapidRisk Score fraud detection solution, purpose-built to create lightning-fast risk analysis for payment processors, card issuers and merchants on every transaction.

/Cards

Ride-hailing app Grab launches prepaid Mastercard

Southeast Asian ride-hailing app Grab is pushing further into payments through the launch of a prepaid Mastercard card.

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First Data ships Clover platform to Canada

First Data (NYSE: FDC), a global leader in commerce-enabling technology, today announced the launch of Clover in Canada.

/payments

TAP cryto-to-fiat exchange portal moves into beta

A unique new one-stop crypto exchange portal, which enables customers to effortlessly and instantly store, trade and spend any crypto or FIAT asset, is now in beta.