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/payments

Buckaroo wins merchant services deal with ABN Amro

Buckaroo, a premier omnichannel Payment Service Provider (“PSP”), entered into a strategic commercial partnership with ABN AMRO, where it will become the exclusive provider of cutting-edge merchant payment services to the bank’s clients.

/payments

Marqeta processing volume up 34% to $222 billion, generating $676 million in annual revenue

Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform, today reported financial results for the fourth quarter and full year ended December 31, 2023.

/payments

Bison Bank issues virtual Visa card

Bison Bank, the European private and investment bank based in Lisbon dedicated to providing a range of wealth management services, today announced the launch of a debit card in partnership with Visa, a global leader in digital payments, developed in collaboration with Spain´s fintech Pecunpay, a company that offers several payment methods solutions.

Mastercard offers issuers open banking-based account opening

/payments

Mastercard offers issuers open banking-based account opening

Mastercard has launched a programme that uses open banking to streamline the account opening process for some US debit and prepaid products.

/payments

Woli selects Paynetics for embedded payment accounts and Visa card

Woli, the money management platform that provides children and teenagers with the tools to manage their finances, is partnering with Paynetics, one of Europe’s leading providers of embedded finance, to power their payment accounts and Visa cards.

Worldline slips on deteriorating outlook

/payments

Worldline slips on deteriorating outlook

Shares in French payments processor Worldline slipped in early morning trading after the company reported a net loss due to a €1.15 billion impairment charge in merchant services and a deteriorating outlook.

Older shoppers boost growth in contactless payments

/payments

Older shoppers boost growth in contactless payments

New Consumer Spend data from Barclays’ annual contactless trends report has revealed that 2023 was another record-breaking year for ‘touch and pay’, with the fastest growth coming among the over 65s.

Enfuce secures UK EMI licence; appoints Krieger as chairman

/payments

Enfuce secures UK EMI licence; appoints Krieger as chairman

Finnish-founded card issuer and payment processor Enfuce has secured a UK e-money licence and installed former Tide CEO and Revolut COO Laurence Krieger as chairman.

Google Pay to shut down in the US

/payments

Google Pay to shut down in the US

Google is rejigging its mobile payments services again, killing off Google Pay in the US in favour of Google Wallet.

Digitisation is a priority for ESG initiatives – Paymentology

/sustainable

Digitisation is a priority for ESG initiatives – Paymentology

ESG has a new meaning in 2024, with more and more financial institutions becoming increasingly transparent in their sustainable principles, and governments pushing harder for green regulation within the industry.

/retail

Green Dot forms BaaS partnership with Dayforce

Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech providing seamless banking and payments services to consumers and businesses, announced a new partnership with Dayforce, Inc. (NYSE: DAY; TSX: DAY).

/payments

Worldline extends contract with BNP Paribas Fortis

Worldline (Euronext: WLN), a global leader in payment services, is extending its partnership with BNP Paribas Fortis, the Belgian subsidiary of the French multinational bank and financial services provider, BNP Paribas.

/payments

Fintech credit card Yonder opens free membership

Yonder, a London-based rewards credit card startup with backing from investors including GoCardless’ Matt Robinson, Cred’s Kunal Shah and Rio Ferdinand, has today launched a free membership in the latest move on its mission to rebuild young consumers’ relationships with credit.

/payments

Nuvei begins direct local acquiring in Colombia

Nuvei Corporation, the Canadian fintech company, has announced that it has launched direct local acquiring capabilities in Colombia, further expanding its presence in Latin America (LATAM) and strengthening its overall footprint in the region.

/crypto

Swoo offers crypto cashback on everyday purchases

Swoo, a mobile wallet blending traditional and crypto payments, has teamed up with Mastercard to reinvent loyalty programs for banks, merchants, and payment service providers.

Garanti BBVA issues biometric card

/payments

Garanti BBVA issues biometric card

Turkey's Garanti BBVA has rolled out a Mastercard contactless credit card with a built-in fingerprint scanner.

Capital One to acquire Discover for $35 billion

/payments

Capital One to acquire Discover for $35 billion

Capital One has made a $35 billion bid to acquire Discover Financial Services, in a move that radically reshapes the payment card industry.

/payments

Billhop forges relationship with Eurocard

Billhop AB, the leading card-enablement platform, announces a strategic partnership with Eurocard, the foremost commercial card issuer in the Nordics.

/payments

Softpay adds dankort to payment wallet options

Softpay tap-to-phone solution now supports Dankort in the iOS wallet.

/payments

BOP becomes the first bank in Pakistan to issue Mastercard BusinessCards for SMEs

Mastercard and the Bank of Punjab (BOP) have expanded their partnership to cover the commercial segment, ranging from large corporate entities and Small and Medium Enterprises (SME) to freelancer and gig workers.

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