Latest Cards News: Finextra Research

Bancomat partners SIA to bring m-payments to millions of Italians

Italian debit network Bancomat has teamed up with SIA to bring mobile money services to its millions of cardholders.

31 July 2018

Company update/Cards

Sabre and Visa ally for travel payments

Visa is excited to announce a strategic global partnership with Sabre, the leading technology provider to the travel industry. Sabre will utilize CyberSource, Visa’s payment management platform, to bring an integrated travel reservation and fraud management solution to airlines, hotels, travel agencies and other travel organizations worldwide.

31 July 2018

Company update/Cards

Tap-to-pay takes off for TransLink Canada

It’s been two months since we launched Tap to Pay and we are happy to share our customers have embraced this new payment option in a big way.

31 July 2018

News/Cards

Bank Leumi sells cards business to Warburg Pincus

Bowing to regulatory demands, Bank Leumi has reached an agreement to sell off its Leumi Card business to Warburg Pincus for $562 million.

30 July 2018

Company update/Cards

Stripe releases API for programmable payment cards

Stripe Issuing is an end-to-end platform for quickly creating, distributing, and managing physical and virtual cards.

27 July 2018

News/Cards

Revolut slashes fraud with disposable virtual cards

Digital banking startup Revolut is hailing its recent introduction of disposable virtual cards for online purchases, claiming a 30% reduction in card fraud cases.

26 July 2018

Company update/Cards

ACI equips developers with open API

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that its UP eCommerce Payments solution provides a fast and flexible way for local card acquirers and alternative payment methods to integrate with ACI’s extensive global network of payment endpoints.

26 July 2018

Company update/Cards

Same day ACH shows strong growth in Q2 - Nacha

ACH debit and credit transactions totaled more than 5.7 billion in the second quarter of 2018, a 6.2 percent increase when compared to Q2 2017, according to NACHA—The Electronic Payments Association.

26 July 2018

News/Cards

CYBG syncs B cards with Paypal

Customers of B, the mobile banking app from Clydesdale and Yorkshire Bank (CYBG), will soon be able to link their debit and credit cards to their PayPal account.

26 July 2018

Company update/Cards

FinAccel raises $30 million to extend 'buy now, pay later' app across SE Asia

Jakarta based FinAccel has raised a USD30 million Series B equity investment round led by Square Peg Capital, with participation from new investors MDI Ventures and Atami Capital, and from existing investors Jungle Ventures, Openspace Ventures, GMO Venture Partners, Alpha JWC Ventures and 500 Startups.

26 July 2018

Company update/Cards

Ingenico H1 in line with expectations

Ingenico Group, (Euronext: FR0000125346 - ING), global leader in seamless payment, announced today its results for the six-month period ended as of 30 June 2018.

26 July 2018

News/Cards

Automated debt management app Tally raises $25m

Tally, an automated credit card debt management app, has raised $25 million in a Series B funding round led by Silicon Valley VC Kleiner Perkins.

25 July 2018

Company update/Cards

Air Canada, TD, CIBC and Visa to buy Aimia Aeroplan loyalty biz

Air Canada, The Toronto-Dominion Bank ("TD"), Canadian Imperial Bank of Commerce ("CIBC"), and Visa Canada Corporation ("Visa"), on behalf of a corporation to be formed, have made a proposal to Aimia Inc. ("Aimia") to acquire its Aeroplan loyalty business (including approximately $2 billion of Aeroplan points liability at March 31, 2018) for $250 million in cash (the "Proposed Transaction"), representing a total purchase price of approximately $2.25 billion.

25 July 2018

Company update/Cards

QRails appoints Jarman to lead client management

QRails, Inc. a financial technology company offering sophisticated processing services and other solutions to banks, credit unions, and the digital payments industry today announced that Anthony Jarman, Head of Product & Pre-Sales for London-based Global Processing Services, has joined QRails as Vice President of Client Relations reporting to Tony McGee, Chief Client Officer.

25 July 2018

Company update/Cards

Rabobank Selects ACI Worldwide to manage card portfolio business

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Rabobank, a global multinational bank, will utilise ACI Issuer to modernise the management of its card portfolio business.

25 July 2018

News/Cards

Bank hacked twice in a year, sues insurer

The National Bank of Blacksburg is suing an insurance firm over payouts related to two phishing attacks in the space of a few months which saw crooks steal more than $2.4 million.

24 July 2018

Company update/Cards

SP Group goes into administration

Allan Graham and Matt Ingram, both of Duff & Phelps, have been appointed Administrators to SP Group Limited on 24 July 2018.

24 July 2018

News/Cards

UK payments regulator to probe card acquiring market

The UK's Payments Systems Regulator is to conduct a market review into the card acquiring market in the wake of retail industry complaints about spiraling fees and ineffective competition.

24 July 2018