Latest Cards News: Finextra Research

Court dismisses Mastercard appeal against £14 billion class action lawsuit

A £14 billion class action lawsuit against Mastercard interchange fees has moved a step closer to trial following a failed last ditch attempt by the card scheme to derail the claim.

29 November 2022

News/payments

BMO introduces credit card instalment plan feature

Bank of Montreal is rolling out a digital credit card instalment plan that lets shoppers split their purchases into interest-free monthly payments.

29 November 2022

Company update/payments

Visa becomes exclusive network partner for GoHenry’s cards for kids and teens in the US, UK, and EU

Visa (NYSE: V) today announced a seven-year global partnership with GoHenry, the prepaid card and financial education app for 6-to 18-year-olds. Visa will provide support as the exclusive global network partner for GoHenry’s prepaid cards for kids and teens in the US, UK, and Europe.

29 November 2022

Company update/inclusion

Jingle Pay unlocks Mastercard's network of 90 million global merchants for its users

Jingle Pay, a UAE-based financial super-app providing money services, has announced a strategic partnership with Mastercard to provide innovative digital payment solutions that will drive financial inclusion.

29 November 2022

News/payments

Mastercard takes stake in Conferma Pay

Mastercard is acquiring a minority stake in Conferma Pay as part of a wider partnership to push the use of virtual cards for B2B travel payments.

28 November 2022

Company update/payments

OpenWay goes global with Card- and Wallet-as-a-Service platform

OpenWay proudly announces that its Way4 Card-as-a-Service enabling platform, recently launched in Europe and already recognized as one of the top CaaS technology solutions on the market, is now available to Card-as-a-Service and Wallet-as-a-Service providers all over the world.

28 November 2022

Company update/crypto

Baanx crypto card launched in Europe

Ledger, the world leader in critical digital asset security, and Baanx, a UK-based Web3 Fintech company, announced today the launch of the Crypto Life “CL” Card powered by Ledger in Europe, following its launch in the UK with Mastercard.

24 November 2022

Company update/payments

Cambodia's ABA Bank rolls out card issuing kiosks

ABA Bank, Cambodia's leading financial institution, has become the first bank in the country to launch instant card issuance kiosks using Compass Plus Technologies solutions.

24 November 2022

News/cloud

Payset signs for Thought Machine platform

Online payments platform Payset is gearing up for European expansion after signing on for Thought Machine's cloud-native technology.

24 November 2022

Company update/sustainable

Wise issues first eco card

Wise (LON: WISE), the global tech company building the best way to move money around the world, has today launched its first eco card.

23 November 2022

Company update/payments

Iceland’s largest telco Síminn expands into payments through Enfuce’s Cards-as-a-Service

Síminn Pay, the pioneering fintech subsidiary of Iceland’s largest telco provider Síminn, has partnered with Enfuce, the European leader in providing turnkey card issuing, to launch virtual credit cards tailored for Síminn Pay’s lifestyle app, enabling users to make seamless payments.

23 November 2022

Company update/payments

Clowd9 receives Visa certification

CLOWD9, the world’s first cloud native and decentralized payments processing platform, has secured certification from Visa as an issuer processor.

22 November 2022

Company update/payments

American Express pilots application for consumers to apply for card without damaging credit score

American Express (NYSE: AXP) today announced that it is piloting a new application experience for its U.S. Personal Cards to help consumers apply with confidence, especially those who are unsure if they’ll qualify for a Card.

21 November 2022

News/payments

Lloyds trials personalised monthly limits on gambling spend

Lloyds Bank is trialling a feature which enables customers to set a limit on how much they can spend each month on gambling using their debit card.

21 November 2022

News/people

Visa names Ryan McInerney as incoming CEO

Visa has announced that current president, Ryan McInerney, will be appointed CEO of the banking giant effective from the 1st of February, 2023.

18 November 2022

News/payments

Visa brings face payments and animated digital cards to World Cup

Visa is using the upcoming Fifa World Cup to show off some of its new technology, including face payments and instantly-issued prepaid cards with animated art.

18 November 2022

Company update/payments

Pomelo taps Galileo for new 'remit now, pay later' card

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), announced today that its API-enabled financial technology powers Pomelo, a new charge card that allows families in the U.S. to build and extend their credit access abroad without incurring expensive remittance fees.

17 November 2022

News/startups

Tap to Pay startup Dapio goes live in the UK

Dapio, a London-based pay-tech turning Android smartphones into card readers without extra hardware, has launched its Tap to Pay app for small businesses and sellers across the UK.

17 November 2022