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Canada's Neo Financial becomes a unicorn

/startups

Canada's Neo Financial becomes a unicorn

Canadian fintech Neo Financial has hit unicorn status off the back of a C$185 million Series C funding round led by Valar Ventures.

/payments

EMVCo developing EMV contactless kernel specification

Global technical body EMVCo has announced that it is developing an EMV Contactless Kernel Specification to simplify and advance global contactless payment acceptance.

/payments

UTP and phos introduce same day processing for payments accepted on a smartphone

UTP, an award-winning provider of card and other payment solutions, has partnered with leading fintech, phos, to create the latest industry innovation, tapeeno, enabling smartphones to be transformed into a payment device in an easy and convenient way.

/startups

Yonder signs with debt resolution agency Ophelos

Ophelos, the technology firm building fairer debt resolution for businesses and their customers, today announces its partnership with Yonder, a lifestyle credit card for millennial audiences.

/payments

Kard picks up $23 million in funding

Kard, the rewards-as-a-service API that connects modern card issuers to the brands their cardholders love, announced today that it has raised a $23 million Series A round led by Tiger Global.

/security

Mswipe and Transcorp to issue biometric payments cards in India

World-leading biometrics company, Fingerprint Cards AB (Fingerprints™) and Mswipe, one of India’s leading end-to-end digital enablers for SMEs, will collaborate and bring biometric debit and credit cards to India, targeting 940 million active payment card customers.

/startups

PayPal Ventures invests in Concerto

Concerto, a new company created to power credit card partnerships that enhance the user and product experience for consumers and businesses, today unveiled its next-generation card issuing and loyalty platform.

/payments

Paysafe offers real-time customer payouts for merchants with Visa Direct

Paysafe (NYSE: PSFE), a leading specialised payments platform, announces the extension of its collaboration with Visa to integrate Visa Direct, Visa’s real-time push payments platform.

/payments

Amadis and Softpay.io team on tap-to-pay

Amadis, a leading payment software and consulting provider, today announced a partnership agreement with Softpay.io to provide its Universal EMV Level 2 Framework & pre-certified Kernels for integration into Softpay’s new Tap-to-Pay service.

/payments

AmEx partners Billtrust

American Express Company (NYSE: AXP) today announced a collaboration with Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, to enable suppliers to streamline acceptance of American Express virtual cards.

/payments

Curve teams up with Lewes Football Club

Today, Curve, the financial super app which empowers customers to understand and master their finances by combining all debit, credit and loyalty cards into one, has announced a partnership with Lewes Football Club.

/payments

BPC expands into the Americas and Caribbean

Leading global payments firm BPC today announced its expansion into the Americas to support the payments and processing needs of traditional financial institutions, payments processors and fintech firms.

/payments

Blackhawk Network brings NFTs to the gift card arena

Today, Blackhawk Network, a global branded payments provider, announced that it is collaborating with NFT and blockchain wallet leader, Bitski, to distribute the world’s first promotion for an NFT with the purchase of a gift card, offering both real and virtual (“Web3”) world value.

/identity

W2 compliance software to be offered at a discount rate to Visa business cardholders

W2, global provider of regulatory compliance software including Know Your Customer (KYC) and Anti-Money Laundering (AML) solutions through a single access point, today announces a collaboration with Visa, a world leader in digital payments, to offer enhanced compliance solutions and tools for UK Platinum and Infinite business cardholders.

/security

Equicom Savings Bank goes live with FSS Secure 3D to combat CNP fraud

FSS (Financial Software and Systems), a leading global provider of integrated payment products and a payments processor announced that Equicom Savings Bank (EqB) - one of the leading banks in the Philippines has successfully deployed FSS Secure3D, an intelligent payment authentication solution which can identify higher risk transactions, to provide cardholders an added security layer for online payments and reduce fraud risk.

/identity

Mastercard launches new 'trust' tool with Microsoft

Mastercard on Monday announced the launch of an enhanced identity solution designed to improve the online shopping experience and tackle digital fraud in a new collaboration with Microsoft Corp.

/sustainable

BMO Harris Bank offers customers the opportunity to donate credit card points to reforestation

BMO Harris Bank today announced it is giving customers the opportunity to support forest restoration by donating cardholder points to support the Priceless Planet Coalition.

/payments

Nexio taps Chargebacks911 to defend merchants in disputes

A leader in payment orchestration, Nexio today announces that it has partnered with Chargebacks911 – the leading dispute technology specialists. This alliance means that Nexio will now benefit from Chargebacks911’s end-to-end dispute management offering while reaping transformative results for its merchants.

/payments

Evolve Bank & Trust and Bond Financial partner for Banking-as-a-service platform

Evolve Bank & Trust and Bond Financial Technologies, Inc. are pushing the boundaries of embedded finance to bring innovation to companies that want to offer financial products to their customers.

Bank of America to switch all cards to recycled plastic; Citi starts corporate card conversion

/payments

Bank of America to switch all cards to recycled plastic; Citi starts corporate card conversion

Bank of America is to convert all of its credit and debit cards to 80% recycled plastic starting in 2023.

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