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/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.

/payments

BMO taps Extend for virtual corporate cards

BMO and Extend, a virtual card and spend management platform, today announced the addition of a simple and powerful set of payments functionality to BMO Corporate Cards.

/payments

Starling adds virtual cards and updated Spending Insights to money management suite

Starling Bank is introducing virtual cards for Personal Current Account customers and updated its Spending Insights.

AmEx faces Australian lawsuit over card distribution laws

/regulation

AmEx faces Australian lawsuit over card distribution laws

Australia's securities regulator is taking American Express to court, accusing the firm of issuing credit cards without making sure that customers understood them.

/payments

Marqeta integrates with Mastercard Track Instant Pay

Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced that it has integrated Mastercard (NYSE: MA) Track Instant Pay, a next-generation virtual card solution that uses machine learning and straight-through processing to enable instant payment of supplier invoices.

Thales releases 'Voice Payment Card' for the visually impaired

/payments

Thales releases 'Voice Payment Card' for the visually impaired

Thales has released a 'Voice Payment Card', to help guide visually impaired people as they conduct transactions at the till.

/Cards

Teampay raises $47 million

Teampay, the all-in-one-purchasing platform, today announced it raised $47 million in Series B funding led by existing investor Fin Venture Capital.

G+D’s sustainable cards zero-in on virgin plastics

/sustainable

G+D’s sustainable cards zero-in on virgin plastics

Dr Carsten Wengel, head of global sales and distribution in the card and digital payment business at G+D, spoke to Finextra on sustainable cashless options that are emerging in the financial services sector.

/payments

Cashplus launches business credit card for SMEs

Today, Cashplus Bank, the leading digital SME bank, has announced the launch of next-generation credit card functionality for small businesses and sole traders.

Barclays slapped with £8.4 million interchange fee fine

/regulation

Barclays slapped with £8.4 million interchange fee fine

The Payment Systems Regulator has fined Barclays Bank £10 million for failing to supply retailers with full information about the fees attached to different card services.

TreeCard raises $23 million for wooden debit card

/startups

TreeCard raises $23 million for wooden debit card

TreeCard, the provider of a wooden Mastercard debit card that channels profits from merchant surcharges into reforestation programmes, has raised $23 million in a funding round involving Peter Thiel's Valar Ventures, World Fund and EQT, Seedcamp, Episode 1 and various angels.

/payments

American Express launches B2B payments ecosystem for network issuing and acquiring participants

American Express (NYSE:AXP) today announced Amex Business Link, a new business-to-business (B2B) payments ecosystem for network issuing and acquiring participants to offer to their business customers.

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