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Verifi launches chargeback mitigation platform

Verifi, Inc., a leading provider of payment and risk management solutions for card-not-present (CNP) merchants, today announced the formal launch of Order Insight, an advanced collaboration platform that dramatically improves efficiency across all parties in the payments ecosystem.

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Law firms Collyer Bristow and Augusta join forces for interchange fee damages claim

Law firm Collyer Bristow is collaborating with Augusta, a leading litigation funder in the SME market, to back a multi-million pound claim against MasterCard and Visa over their use of multilateral interchange fees (MIFs).

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Mastercard bids to banish notes and coins from vending machines with Masterpass

Mastercard today will make creased dollar bills and spare coins a thing of the past at vending machines.

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Nets 3-digit online shopping service reaches one million consumers

More than one million consumers in the Nordics can now shop much easier online by entering just the three digits on the back on their payment card.

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ACI Worldwide provides global gateway for AliPay

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that it has expanded its relationship with Alipay, China's largest mobile payment provider operated by Ant Financial Services Group, to enable merchants across Europe, the Middle East and Africa to accept Alipay payments from Chinese shoppers.

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Canadian city Laval trials credit card payments on buses

Today, the Société de transport de Laval (STL) and Desjardins Group, in the presence of the Mayor of Laval, Mr. Marc Demers, announced the implementation of a new pilot project to accept credit card payments by Visa or MasterCard onboard Laval buses.

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Tsys signs Prime licencing deal with Enfuce Financial Services

TSYS (NYSE: TSS) today announced that it has signed a PRIME software license and services agreement with Enfuce Financial Services.

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Afex targets corporate expense market with pre-paid Mastercard

AFEX, one of the world's largest non-bank providers of global payment and risk management solutions, has launched the PayFEX Prepaid Mastercard.

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CVS raises alarm over 'tax grab' on convenience store ATMs

Local Councils in England and Wales had been employing specialist consultants to identify retailers with cash machines that were not subject to business rates.

Prisoners build PCs from stolen parts then apply for credit cards in fellow inmate's name

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Prisoners build PCs from stolen parts then apply for credit cards in fellow inmate's name

A pair of enterprising American prisoners managed to steal enough spare parts from a work programme to put together two computers, which they hid in a closet ceiling and used for various escapades, including to apply for credit cards in another inmate's name.

Android Pay gets inside bank apps

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Android Pay gets inside bank apps

Google has teamed up with several banks - including BofA - to let customers add cards to Android Pay from within their apps.

We're only at the foothills of fintech development

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We're only at the foothills of fintech development

Eileen Burbidge, HM Treasury's Special Envoy for Fintech, defines the 'fourth industrial revolution' and discusses the importance of fintech growth in the UK.

After Apple Pay loss, Westpac turns to Samsung Pay

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After Apple Pay loss, Westpac turns to Samsung Pay

Having lost its bitter Apple Pay battle, Australia's Westpac has signed up to support a rival NFC mobile payments service from Samsung.

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First Data to provide bank portfolio services to TSB

First Data (NYSE: FDC), a global leader in commerce-enabling technology, today announced that it has been appointed by SABIS, the IT arm of Spain’s fifth largest banking group, Sabadell, to provide processing and acquiring services across a number of TSB banking portfolios.

Mastercard gets CMA approval for Vocalink acquisition

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Mastercard gets CMA approval for Vocalink acquisition

The UK's Competition and Markets Authority (CMA) has cleared Mastercard's £700 million acquisition of Vocalink after the card giant promised to take steps to address the watchdog's concerns.

Visa Everywhere Initiative lands in Europe with EUR50,000 prize

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Visa Everywhere Initiative lands in Europe with EUR50,000 prize

Visa is bringing its Everywhere Initiative to Europe, dangling a EUR50,000 prize in front of fintech startups, inviting them to pitch ideas that link digital payments with local communities and travel.

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Visa introduces enhanced transaction data for Amazon Business customers

Today, Visa Inc. (NYSE:V) has become the first card network to enable participating issuers to provide their U.S. commercial accountholders a comprehensive view of their Amazon Business purchases.

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Mastercard welcomes latest Start Path program members

Today, Mastercard welcomed five new startups to its Start Path Global program – the company’s global initiative to support innovative later-stage startups who are reshaping the future of commerce.

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Fulton Financial Corporation renews with Fiserv

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Fulton Financial Corporation, a bank holding company headquartered in Lancaster, Pennsylvania, has signed a long-term agreement to renew its relationship with Fiserv.

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Alawwal bank unveils digital bank coffee branch in Saudi Arabia

Continuing to lead the innovation space in the financial industry and delivering truly digital banking solutions, Alawwal bank has unveiled its new digital branch in the form of a coffee shop that aims to set the global benchmark for branch banking.

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