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International card networks link with Alipay for Asian Games

International card networks, including Visa, Mastercard, JCB, Discover Global Network, are launching a major campaign with Alipay, the leading digital payment and lifestyle service platform in China, to further enhance international visitors’ mobile payment and travel experience in the country on the 30-day countdown to the Asian Games.

/payments

Zorrz to launch credit card with inbuilt BNPL functionality

UK fintech Zorrz Finance and Swedish fintech Sileon, specialised in card-based Buy Now, Pay Later (BNPL) functionality, have announced a partnership to enable more consumers to access BNPL solutions.

New Jersey limits merchant fees that penalise card holders

/payments

New Jersey limits merchant fees that penalise card holders

Rule makers in New Jersey have passed a bill that limits the surcharge applied by merchants and passed on to consumers who want to pay with a card over cash.

JP Morgan offers merchants Tap to Pay on iPhone

/payments

JP Morgan offers merchants Tap to Pay on iPhone

JP Morgan is rolling out support for Apple's Tap to Pay to its US merchant clients, with beauty giant Sephora the first retailer out of the gate.

/payments

FNBO institutes digital card issuance

FNBO has announced the launch of its instant digital issuance capabilities in partnership with Visa, a world leader in digital payments.

/payments

SumUp switches on Apple's Tap to Pay

Tap to Pay on iPhone is now available for SumUp customers in the UK and Netherlands.

/payments

CBA brings contactless transit payments to Victorians

Victorian commuters are set to enjoy a next generation ticketing system facilitated by the Commonwealth Bank.

/security

Dock partners Feedzai to bring fraud prevention tools to LatAm businesses

Dock, a B2B leader in payments and banking technology in Latin America, announced a partnership with Feedzai, a global leader in fraud and money laundering prevention, to provide new options for security solutions to Dock customers and expand access to this cutting-edge technology in Latin America to companies of all sizes.

/payments

UAE-based Qashio partners Mastercard on corporate credit cards

Mastercard, a global technology company, is partnering with UAE-founded spend management fintech company Qashio to launch corporate credit cards, while enabling them with virtual issuance capabilities across the region.

/payments

AstroPay selected as Tottenham Hotspur's official payment partner

Tottenham Hotspur has today announced AstroPay, a leading fintech company and the preferred sports-focused payment solution for millions worldwide, as its Official Payment Partner.

/payments

Chilean digital bank Tenpo partners Dock for credit card

Dock, a B2B technology company for payments and banking, announced today that Tenpo, Chile’s largest digital bank with more than 2.2 million customers, is now a customer of the Brazilian company.

/payments

Peoples Bank taps Corserv for credit card programme

Corserv, a company that empowers banks and fintechs with payment programs, a company that empowers banks and fintechs with payment programs, has partnered with Ohio-based Peoples Bank to implement an industry-leading credit card program to serve their commercial, small business, nonprofit, local municipalities, and consumer customers.

/payments

Klar secures $100 million credit facility from Victory Park Capital

Klar, S.A. de C.V. (Klar), the Mexico City-based digital financial services platform, announced today that it has secured a $100 million credit facility from Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit.

Discover CEO Hochschild quits

/people

Discover CEO Hochschild quits

Discover Financial Services saw its share price fall by more than five per cent on Monday evening after president and CEO Roger Hochschild stepped down with immediate effect.

Marqeta brings generative AI to embedded finance

/payments

Marqeta brings generative AI to embedded finance

Card issuing platform Marqeta has tapped OpenAI's Language Learning Model to speed up the process of launching embedded finance applications.

/payments

Ecommpay now offers local acquiring in the US

Ecommpay, a leading international payment service provider and UK and European direct bank card acquirer, now offers local acquiring in the US, enabling UK and EU merchants the ability to expand into North America.

/payments

Recharge makes corporate gifting play

Recharge, a leader in the prepaid payments industry, is excited to announce its entry into the B2B market with the pilot of a new service.

/Cards

Toronto Transit Commission rolls out debit and credit card payments

The TTC is reminding customers that starting tomorrow, Tues., Aug. 15, adult single use fares can be paid for at subway station fare gates, and on board all streetcars, buses and Wheel-Trans vehicles, with the tap of a debit or credit card, including with cards on a smartphone or smartwatch.

Revolut prioritises financial inclusion in expansion into LATAM

/payments

Revolut prioritises financial inclusion in expansion into LATAM

Revolut is offering Revolut Lite in Latin American countries to make cross-border transactions and transfers more accessible to the unbanked.

/payments

Unicard acquires Ecebs digital ticketing business from Visa

Unicard LTD, an established provider of Smart Ticketing and payment solutions to the public and commercial transport sector, today announced its acquisition of Smart Ticketing specialists Ecebs from Visa, in a market transaction that will enable Unicard to offer a more comprehensive range of solutions in the UK, and abroad.

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