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PayPal closes iZettle acquisition

PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it has completed its acquisition of iZettle for approximately $2.2 billion USD.

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Curve promises to eliminate card fees for spending abroad

Banks charge you up to 5% when spending money abroad. Curve introduces a new technology that eliminates these charges, without replacing your bank, your cards, or requiring to buy currencies in advance.

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CardFlight upgrades SwipeSimple

CardFlight, the leading mobile POS and SaaS payment technology company, announced today the upcoming release of Version 5.0 of SwipeSimple, the best-in-class payment acceptance solution for small businesses.

ANZ introduces cardless ATM withdrawals

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ANZ introduces cardless ATM withdrawals

Customers of ANZ can now leave their wallets at home and withdraw cash from the Australian bank's ATMs with their mobile phones via Apple Pay and Google Pay.

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EMVCo adds 14 associates

Global technical body EMVCo has welcomed fourteen new organisations to its Associates Programme to increase cross-industry collaboration in the development of EMV® Specifications. The newest Associates have joined since December 2017.

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Wirecard issues RHB Bank’s first digital multi-currency card

Wirecard, the global innovation leader for digital financial technology, and RHB Singapore, part of the RHB Banking Group and recognized as one of the region’s leading multinational financial services groups with an annual revenue of € 145 bn., are introducing today the digital multi-currency card RHB TravelFX and the accompanying mobile app.

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Compass Plus opens UK processing centre

Compass Plus, an international provider of electronic payments and retail banking software to processors and financial institutions, has announced the global expansion of its processing business with its fully compliant, Mastercard and Visa certified UK-based processing centre.

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CompoSecure surpasses one million mark in dual interface metal cards manufacturing

CompoSecure, L.L.C., a pioneer and global leader in the design and manufacturing of premium financial cards, today announced that it has produced more than one million dual interface (EMV chip & contactless) metal cards.

Stripe moves into in-store payments

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Stripe moves into in-store payments

Stripe is going after the high street, launching its own point-of-sale payments terminal package targeted at online retailers making the jump to offline.

New York sues the OCC over fintech charter rule

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New York sues the OCC over fintech charter rule

New York state has filed a lawsuit against the US Office of the Comptroller of the Currency (OCC) over a decision to allow fintech companies to apply for national banking charters.

China UnionPay to enter European market

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China UnionPay to enter European market

The world's largest payment card issuer, China UnionPay, is reportedly planning to enter the European market in a move that could cause serious competition for Visa and Mastercard.

Nearly half of UK transactions now contactless

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Nearly half of UK transactions now contactless

The UK's love affair with contactless payments continues to flourish, with almost one in two transactions now tap and pay, according to Mastercard figures.

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BofA Merrill introduces mobile wallets for business cardholders

Starting this month, mobile wallets will begin to make our commercial clients’ lives easier through faster, more secure and more efficient business purchases, while providing the same convenience they have in their personal transactions.

European committee green-lights tougher sentences for digital payments fraud

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European committee green-lights tougher sentences for digital payments fraud

Criminals cashing in on digital payment trends and the rise of cryptocurrencies can expect stiffer jail sentences under new rules approved by a powerful European Parliament committee.

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Paysend debuts Global Account

Paysend, an international payments and money transfer company, is today announcing the beta program for its new Global Account service.

Regulator to crack down on ATM closures

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Regulator to crack down on ATM closures

The UK's Payment Systems Regulator is promising to take action to protect the availability of free-to-use cash machines across the country after the publication of new figures by network operator Link which show more than 250 machines a month disappearing from the high street.

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UnionPay brings mobile payments to Hong Kong and Macau

UnionPay International announced today that in answer to the construction of the Greater Bay Area and to meet the increasingly payment needs brought by the exchanges between Hong Kong/Macau and the Chinese Mainland, the unified mobile payment app of China's banking industry, "UnionPay", has started offering service to customers in Hong Kong and Macau, facilitating the interconnection of mobile payment in the Greater Bay Area.

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Thames Technology joins the Multos consortium

The MULTOS Consortium, a group of international blue chip organisations responsible for the promotion and development of the MULTOS specifications that bring additional choice and flexibility to personalisation, announced today that Thames Technology Limited, one of Europe’s largest and most trusted card issuing partners; a market leader in the design, manufacture, personalisation and distribution of payment and retail card programmes, has joined as a Partner Member.

Card payments dominate UK retail sales as cash usage falls

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Card payments dominate UK retail sales as cash usage falls

Cards now account for more than three quarters of the value of retail purchases in the UK, as contactless payments continue to eat into cash's share of the pie.

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Cubic wins contract for next-gen fare payments in San Francisco

Cubic Corporation (NYSE: CUB) today announced that its Cubic Transportation Systems (CTS) business division has been selected as the preferred bidder by the San Francisco Metropolitan Transportation Commission (MTC) to deliver the next-generation fare payment system to the Bay Area.

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