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Elavon acquires Electronic Transaction Systems

Elavon, global merchant payment processing provider and subsidiary of Minneapolis-based U.S. Bancorp, has acquired Electronic Transaction Systems (ETS), a financial technology company based in Virginia.

Cardnet glitch double charges consumers

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Cardnet glitch double charges consumers

Lloyds Bank is apologising to consumers and merchants after a glitch in its Cardnet eftpos terminals charged thousands of customers twice for debit card payments, and under- or overpaid settlement funds in merchant accounts.

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Square readers come to Apple desktops and Chromebooks

We want you to be able to run your business however you want — and never miss a sale. Whether you take payments via Square Stand in a restaurant, with a phone and reader in a retail pop-up, or with a computer in a medical office, we want to make sure our tools work seamlessly in your environment.

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Experian to introduce 'real rates' service to the credit card market

Experian is introducing a “real rates” service to the credit card market so consumers will now know exactly what deal they’ll be getting.

JaJa Finance preps launch of mobile-controlled credit card

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JaJa Finance preps launch of mobile-controlled credit card

London-based startup JaJa Finance is preparing to launch its first mobile-controlled credit cards on the back of £7 million in funding.

Google bought Mastercard data to link ads with in-store purchases

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Google bought Mastercard data to link ads with in-store purchases

Google and Mastercard struck a secret deal that used card transaction data to let some US merchants see when online ads led to sales at physical stores, according to Bloomberg.

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Adyen unveils 3D Secure 2.0 solution

Adyen, the payments platform of choice for many of the world’s leading companies, today launched a fully-certified 3D Secure (3DS) 2.0 solution which it has made available to its customers or merchants needing a next-generation authentication solution.

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Compass Plus migrates first processing customer in the Americas

Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced that it has migrated BPP, a Brazilian prepaid card issuer, to the Compass Plus Processing Centre in just two months – its first processing customer in the Americas.

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Glint prepares for US launch

Glint, the fintech company on a mission to provide everyone with a reliable form of money is now set to enter into the US market with its alternative to banking by introducing a global currency account that uniquely enables gold to be used as money.

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Zwipe and Silone join forces for biometrics card project

Biometric technology company Zwipe and Silone CardTech, a VISA, Mastercard, China UnionPay and JCB certified card manufacturer based in Shenzhen, China have announced a partnership to launch battery-less dual-interface biometric payment cards with banks and loyalty programs in China.

TSB delays switch from Visa to Mastercard - FT

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TSB delays switch from Visa to Mastercard - FT

TSB's disastrous IT migration in April continues to have repercussions, with the British bank now postponing plans to move all of its customers from Visa to Mastercard debit cards, according to the Financial Times.

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Worldnet launches plug-and-play EMV offering

Worldnet, a leading international provider of omni-channel payment solutions, has introduced GoChipNow, a “plug and play” solution for virtual terminal merchants who want to upgrade to EMV®.

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Wirecard Brazil releases new features for digital payments service

To facilitate entrepreneur’s financial life is a mission of Wirecard Brazil (Moip), a company that is part of Wirecard Group, the leading specialist for digital financial technology.

Citi lets credit card customers pay Spotify subscriptions with points

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Citi lets credit card customers pay Spotify subscriptions with points

Citi has teamed up with Spotify to enable customers in Asia to use credit card points to pay their music streaming subscriptions.

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Visa invests in Japan's Paidy

Today, Paidy Inc. (“Paidy”), an instantly-issued post-pay credit provider, announced an investment from Visa (NYSE: V) as part of the company’s Series C funding.

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Cheddar’s Scratch Kitchen restaurant chain reports card data breach

We take the privacy and security of our guests’ personal information very seriously. This notice is to inform you that some Cheddar’s Scratch Kitchen restaurants have been the victims of cyberattacks, which may have resulted in unauthorized access to or acquisition of your payment card information.

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KeyBank to apply AI tech from Mastercard to make more informed authorisation decisions

Mastercard and KeyBank today announced that the bank will now use Mastercard Decision Intelligence™, a security solution that uses artificial intelligence (AI) to make more informed authorization decisions.

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US Alliance Group to utilise Fiserv debit gateway

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today its debit gateway solution will enable US Alliance Group, Inc. (USAG) to offer enhanced processing capabilities, as well as greater scalability for USAG to grow its Payment Processing business.

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Japan's GMO Aozora Net Bank to introduce battery-powered debit cards

Dynamics Inc. and GMO Aozora Net Bank, Ltd. today announced plans to introduce the first battery-powered, interactive debit and cash cards to the Japanese market in 2019.

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Francisco Partners completes acqusition of Verifone

Verifone Systems, Inc. (“Verifone” or the “Company”), a global leader in payment and commerce solutions, today announced that it has been acquired by an investor group led by Francisco Partners, a leading technology focused private equity firm, and including British Columbia Investment Management Corporation.

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