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UL gains biometric accreditation from banks in Brazil

UL is proud to announce that its lab in São Paulo has been accredited by the leading banking association, to provide certification services of biometric processes for banks within the country.

Chase to acquire MCX mobile payments tech

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Chase to acquire MCX mobile payments tech

JPMorgan Chase has acquired the technology behind failed merchant-backed mobile payment service CurrentC.

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Diebold Nixdorf to shutter Hungary plant

Diebold Nixdorf, Incorporated (NYSE: DBD) today announced plans to close its manufacturing facility located near Budapest in Gyál, Hungary as part of the company's recently announced DN2020 multiyear business transformation program.

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Wirecard completes the acquisition of Citi Prepaid Card Services

Wirecard has today successfully completed the acquisition of the business of Citi Prepaid Card Services previously announced by Wirecard on 29 June 2016.

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Card rewards app Sift secures $1.5 million investment

Today, Sift, a free application that maximizes credit card benefits and earns reimbursements for consumers, announced a $1.5 million Seed Round and the public release of their app, available for iOS on the App Store.

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Acorns adds Foodora to investment menu

Investment app Acorns has added food delivery service Foodora to its growing list of brand partners for its rewards program, Found Money.

Fintech Pavillion to host Europe's top startups at EBAday 2017

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Fintech Pavillion to host Europe's top startups at EBAday 2017

Finextra and the Euro Banking Association are inviting some of Europe's most promising early-stage startups to present their ideas to banking delegates attending EBAday 2017, Europe's leading payments and transaction banking event.

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Hospitality group Benchmark warns of data breach

BENCHMARK®, a global hospitality company, is providing notice of a payment card incident that may have affected guests of the individually owned Santa Barbara Beach & Golf Resort, Doral Arrowwood, Eaglewood Resort & Spa, The Chattanoogan, Willows Lodge and Turtle Bay Resort properties that Benchmark manages.

Current preps debit card and app for kids

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Current preps debit card and app for kids

US fintech startup Current has raised $3.6 million as it prepares to roll out an app and card-based allowance management service for parents and their kids.

Verifone investigates network breach - Krebs

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Verifone investigates network breach - Krebs

Point-of-sale terminal maker Verifone is investigating an internal network breach that may have affected several firms using its hardware, according to the Krebs on Security blog.

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Kofax reports major bank win for mobile capture tech

Kofax, a leading provider of software to simplify and transform the First Mile™ of business, today announced that a top 10 global bank has deployed the Kofax Mobile Credit and Debit Card Framework and the Kofax Mobile Capture™ Platform to allow customers to activate new credit cards by taking a picture of the card using the bank’s mobile app.

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Optal to acquire Invapay

Global business-to-business payment solutions provider and virtual card specialist Optal, today announced the acquisition of innovative payments company Invapay, in a deal which will significantly expand Optal's capabilities in the global corporate payments space.

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SIX sells Commercial Issuing Business in Austria to easybank

SIX and easybankannounce that SIX will sell itsCommercial Issuing business (the Issuing of credit and prepaid cards) in Austria together with the Issuing Support for Austrian banks to easybank.

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First Data and Fleetcor merge gift card assets

First Data (NYSE: FDC), a global leader in commerce-enabling technology, and FLEETCOR Technologies Inc. (NYSE: FLT), a leading global provider of fuel cards and workforce payment products to businesses, today announced the formation of a joint venture that will consolidate their various gift solutions to drive new value for their clients.

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Hong Kong’s Gini launches customer loyalty app with eWise

Gini has chosen data-aggregation specialist eWise to deliver Hong Kong’s first ever customer relationship management platform to create customer loyalty programs through the secure aggregation of end-user’s credit cards and bank accounts.

Monzo to move card processing inhouse following outage

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Monzo to move card processing inhouse following outage

Digital challenger Monzo is to move card processing inhouse after a severe outage at its current third party service provider left customers high and dry for most of Sunday.

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Online banking platform Wirex secures $3 Million in Series A Funding

Wirex Limited, the global online banking platform announced the completion of $3 million in Series A funding obtained from the SBI Group, a leading financial services firm in Japan.

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TA Associates takes mintory stake in Nigeria's Interswitch

TA Associates, a leading global growth private equity firm, today announced it has acquired a minority equity interest in Interswitch, an Africa-focused integrated digital payments and commerce company. Financial terms of the transaction were not disclosed.

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Former Barclaycard risk expert Sean Neary joins Featurespace

Sean Neary has joined Featurespace as a Subject Matter Expert in Financial Services risk management.

Overlay skimmers found on Ingenico card readers

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Overlay skimmers found on Ingenico card readers

Crooks in the US are targeting Ingenico card readers at shop self-checkout lanes, placing overlay skimming devices on the machines to steal data and PINs.

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