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Welcome.Place launches refugee 'First Aid' card pilot in France with Enfuce, Epassi & Visa

Enfuce, the Finnish cloud-native issuing and processing pioneer, has announced the launch of a pilot project with social enterprise Welcome.Place, Finnish mobile payments provider for employment benefits Epassi, and world leader in digital payments Visa to distribute prepaid payment cards to refugees arriving in France.

TfL celebrates a decade of contactless payment on London’s buses

/payments

TfL celebrates a decade of contactless payment on London’s buses

Transport for London is celebrating a decade of contactless payments on the city's buses, with more than 2.5 billion journeys made using tap and go.

/payments

Splitit and Worldline sign North American BNPL deal

Splitit (ASX:SPT, OTCQX:SPTTY ), the only white-label service allowing customers to pay by installments using their existing credit on their payment card at checkout, and Worldline (Euronext: WLN), a global leader in payment services, announce the signing of a partnership agreement with Worldline to deliver an integrated card-based installment payments solution to Worldline's extensive network of merchants and marketplaces.

ECB finds strong demand for both cash and digital payments

/payments

ECB finds strong demand for both cash and digital payments

Cash is still the most frequently used means of payment at the point of sale, but its share is declining according to the latest study on the payment attitudes of consumers in the euro area, published by the European Central Bank.

Santander pilots in-branch card recycling machines

/sustainable

Santander pilots in-branch card recycling machines

Santander is piloting a recycling scheme in select UK branches allowing the public to dump expired or unused plastic cards in a safe and green manner.

/payments

Wedge arrives on Fiserv AppMarket

Wedge, the fintech company on a mission to make consumer's dollars go farther by bringing the power of the markets and programmable payments to everyday spending, is bringing its capabilities to AppMarket from Fiserv, a collaborative online marketplace where financial institution clients of Fiserv (NASDAQ: FISV) can easily access transformative technology.

/payments

Conotoxia unveils multi-currency card 2.0 for relatives and employees

The fintech Conotoxia launches a multi-currency card 2.0.

/startups

Updraft raises £108m in debt and equity

Financial habit forming platform, Updraft, announces today its latest investment round, raising another £108 million in equity and debt to power its ambitious growth strategy and deliver savings to its fast-growing user base of 300k members.

/payments

Airwallex partners with TripActions for expenses

Global fintech Airwallex is pleased to announce that it has been chosen by TripActions as the partner of choice for its global cross-border payments and FX needs to support TripActions Liquid, its corporate card and expense management solution.

/regulation

Payoneer gets in-principle regulatory approval in Singapore

Payoneer (NASDAQ: PAYO), the commerce technology company powering payments and growth for the new global economy, has received in-principle approval as a Major Payment Institution License holder from the Monetary Authority of Singapore (MAS).

/people

Banking Circle names Jim Snabe chairperson of advisory board

Banking Circle Group is pleased to announce that Jim Snabe will become the Chairperson of its Advisory Board.

/payments

SoFi rolls out early access to Pay in 4

Pay in 4 is SoFi’s latest innovation designed to provide flexibility for our members when spending with SoFi Checking and Savings.

/payments

BillHop to accept UnionPay cards

Billhop, the smart online bill payment platform, announces a new partnership with UnionPay International (UPI), the global network servicing the world's largest cardholder base, enabling support for UnionPay card products across its digital payment solutions.

Visa pledges to invest $1 billion in Africa

/inclusion

Visa pledges to invest $1 billion in Africa

Visa has pledged to invest $1 billion in Africa over the next five years to accelerate the deployment of digital payments across the continent.

/payments

HSBC partners Extend to enable virtual cards for US SMBs

Extend, a leading virtual card and spend management platform, today announced a partnership with HSBC, one of the world’s largest banking and financial services organizations.

/crypto

CoinZoom launches bitcoin reward gift card

New research by CoinZoom, a U.S. based cryptocurrency exchange and leading fintech company, has revealed that almost a third (31%) of Americans feel more positive about giving and receiving gift cards this holiday season, compared to before the pandemic when they were often considered the gift of last resort.

/payments

American Express opens Decision Science Center of Excellence in Singapore

American Express (NYSE: AXP) today announced it has opened a new Decision Science Center of Excellence (CoE) in Singapore that will deliver global data-driven solutions.

/people

JPMorgan Payments hires Pat Brolly from Visa as Emea head of acquiring platforms and rails

J.P. Morgan have made a senior hire in their Payments business in EMEA.

Axe the Card Tax campaign calls for cost of card payment review

/payments

Axe the Card Tax campaign calls for cost of card payment review

The Axe the Card Tax campaign has called to the UK Treasury and Payments System Regulator to review the cost of card payments to encourage fintech payment innovation.

Nigeria limits ATM withdrawals to boost digital payments

/inclusion

Nigeria limits ATM withdrawals to boost digital payments

The Central Bank of Nigeria has capped daily ATM withdrawals at $45 in order to encourage electronic payments, including the eNaira digital currency.

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