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Bunq files for US licence

/regulation

Bunq files for US licence

As it reports a 65% surge in full-year profit, Dutch digital bank bunq has stepped up its effort to crack the US, filing for a broker-dealer licence in the country.

/payments

Corpay introduces virtual card for accounts payable

Corpay, a global leader in business payments, today announced the launch of Virtual Card for Accounts Payable (VCAP) within the Corpay Complete platform, bringing its long-standing virtual card capabilities to customers through a unified, modern experience.

/payments

Intuit to acquire tech and talent from card issuer processor Deserve

Intuit has signed an agreement to acquire key technology and welcome talented team members from Deserve, a mobile-first fintech company.

/payments

Recharge leaps into B2B with UK Giftcloud acquisition

Recharge, the European leader in prepaid payments, has acquired Giftcloud Limited from Groupon, Inc. (NASDAQ: GRPN), marking a strategic and accelerated expansion into the fast-growing B2B rewards space.

/payments

Mollie enables Tap to Pay on iPhone for businesses in Ireland

Mollie, one of Europe’s fastest-growing financial service providers, has enabled Tap to Pay on iPhone for its Irish customers.

/security

Burbank expands access to Card Present Over Internet tech with jPOS

Burbank has today announced a major strategic partnership with global payments technology provider Transactility (creators of jPOS) to accelerate the adoption of Card Present over Internet (CPoI) across the banking sector.

US Bank launches spend management platform for business owners

/payments

US Bank launches spend management platform for business owners

US Bank has unveiled a spend management platform to help businesses monitor, track, and control their card-based spending.

/payments

Al Etihad Payments signs co-badging deals with international card schemes

Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), has announced the signing of strategic co-badging agreements with leading international card schemes, including Discover, Mastercard, UnionPay and Visa.

/inclusion

Instapay partners Mastercard Move to bolster cross border payments for Malaysia’s migrant workers

Instapay Technologies and Mastercard, a global technology company in the payments industry, are enhancing international money transfer services for Instapay customers through Mastercard Move, a portfolio of money movement capabilities powering person-to-person and business payments to more than 180 countries worldwide in 150+ currencies. This collaboration will allow over 3 million migrant workers living in Malaysia to remit funds to home countries in local currencies in near real-time.

/payments

Absa brings contactless to UnionPay cardholders in South Africa

Absa, in partnership with UnionPay International (UPI), is launching contactless payments to UnionPay cardholders across South Africa, thereby strengthening its commitment to offering a seamless and secure payments experience.

/payments

JCB to extend card acceptance in Germany through collaboration with First Cash Solution

JCB, Japan’s only international payment brand, and First Cash Solution, a leading integrated payment provider as a subsidiary of Volksbank eG – Die Gestalterbank, today announced a strategic partnership to significantly expand JCB Card acceptance throughout Germany.

/payments

Checkout.com to roll out domestic card issuance in the UAE

Checkout.com, a leading global digital payments company, today announced its intention to expand its card issuing capabilities in the UAE, marking a first-of-its-kind investment by a global digital payment service provider in the region.

/payments

Episode Six expands into Canada with Yoo Financial

Episode Six (E6), a global provider of modern ledger and cards infrastructure, is continuing its growth in Canada through its partnership with Yoo Financial, a Canada-based financial institution with a principal issuing and acquiring license with Mastercard.

/payments

Piraeus adopts Snowdrop's MRS API to provide debit cardholders with enriched transaction data

Piraeus, one of Greece’s leading financial institutions, has taken a major step forward in digital banking innovation by introducing enriched transaction data for its customers.

Kraken and Mastercard team on crypto debit cards

/crypto

Kraken and Mastercard team on crypto debit cards

Cryptocurrency exchange Kraken is working with Mastercard to allow customers in the UK and Europe to spend their crypto at over 150 million merchants worldwide.

/payments

Nets wins issuing/processing deal with BluOr Bank

Nets, part of the European PayTech, Nexi Group, today announces an agreement with BluOr Bank, one of Latvia’s leading banks for business and entrepreneurs in the Baltic region.

/startups

Decta launches Fintech Fast Track programme

DECTA, a leading provider of technical payment solutions, is excited to announce the launch of the DECTA Fintech Fast Track—a program designed to fast-track the journey of innovative fintech companies entering the card issuing and payment acquiring industry.

NatWest invests in Yonder

/payments

NatWest invests in Yonder

NatWest has made a minorty investment in rewards credit card startup Yonder.

Contactless dominates UK spending

/payments

Contactless dominates UK spending

A record 94.6% of all eligible in-store card transactions in the UK were made using contactless last year.

/payments

Mastercard teams up with Nigeria's Nomba

Mastercard has announced a strategic collaboration with Nomba, a leading payment solutions provider, to deliver seamless payment experiences for businesses across the country.

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