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Company update/payments
Kuwait International Bank (KIB), a leading financial institution in Kuwait, proudly announces a groundbreaking strategic growth partnership with Visa, the global leader in digital payments.
02 November 2023
Nordic countries continue to lead the world in their adoption of cashless payment methods, according to new data from Nets, part of Nexi Group, the European PayTech.
01 November 2023
Mastercard and Norwegian fintech company EedenBull have announced the launch of a cards and spend management platform designed specifically to help small and medium-sized enterprises (SMEs) to process their spending and payments more efficiently.
JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., and Stripe, a financial infrastructure platform for businesses, today announced that they will expand partnership for Europe, Singapore and Hong Kong.
Today Payhawk, a global spend management platform, announces that it has become a principal member of Visa, a world leader in digital payments.
Neu, the company on a mission to bring financial wellness to all students, today launches the Neu Card, a credit card designed to empower young people to start building credit early without the risk of falling into a debt trap.
31 October 2023
Today, Visa and BMO announced a new collaboration to provide eligible BMO credit cardholders access to Installments, enabled by Visa.
30 October 2023
Fintech enablement company Direct Transact has entered into a strategic partnership agreement with Visa, which will open up an array of multi-currency opportunities for banks, fintechs and businesses in the Central Europe, Middle East and Africa (CEMEA) region.
Mastercard, a global technology company in the payments industry, is expanding its partnership with Agoda, a digital travel platform headquartered in Singapore.
News/payments
The Federal Reserve has proposed lowering the debit interchange fees banks can charge merchants by nearly 30% and reviewing the cap every two years.
26 October 2023
IDEX Biometrics partners with KONA I, a global smart card and technology platform company in South Korea, to deploy biometric payment cards across both recycled PVC and metal cards, for their bank clients worldwide.
All-in-one card app Curve has launched its first ever credit card in the UK, providing users with protection against problem purchases even when using a debit card.
The Consumer Financial Protection Bureau (CFPB) today released its biennial report to Congress on the consumer credit card market.
25 October 2023
Elavon Financial Services DAC, a wholly owned subsidiary of U.S. Bank, has been authorised as a licensed provider of financial services by the Bank of England.
24 October 2023
Company update/identity
The Federal Reserve Board on Thursday issued an enforcement action and fined Metropolitan Commercial Bank, of New York, New York, approximately $14.5 million for violations of customer identification rules and for deficient third-party risk management practices relating to the bank's issuance of prepaid card accounts.
Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today introduced its new credit card issuing platform, adding intuitive credit card program management tools and creating a one-stop shop for launching consumer and commercial credit programs.
23 October 2023
Visa (NYSE: V), a global leader in payments, today announced the forthcoming pilot launch of Visa AR Manager, a new home-grown innovation that will reduce the friction commercial merchants experience with virtual card acceptance.
Company update/security
Mastercard has announced its First-Party Trust program, with AI-powered insights, to combat the surging trend in first-party or 'friendly' fraud, where genuine transactions are mistakenly or intentionally challenged by cardholders.
Highnote is proud to announce the expansion of our industry-leading debit, prepaid, and fleet issuing card platform to power consumer credit card products.
ila Bank, the fast-growing digital mobile-only Bank powered by Bank ABC, has now made it possible for - its debit, credit, and prepaid cards customers to make payments through Samsung Wallet.
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