18 January 2018
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Latest cards news

Blackhawk agrees $3.5bn sale

Blackhawk agrees $3.5bn sale

16 January 2018  |  4551 views  |  0 comments | 5 tweets | 9 linkedin

Blackhawk Network Holdings, a US fintech outfit specialising in prepaid gift cards, has agreed to be acquired by PE firm Silver Lake and hedge fund P2 Capital Partners in an all-cash deal worth around $3.5 billion.

Europe begins Open Banking era in subdued style

Europe begins Open Banking era in subdued style

15 January 2018  |  10667 views  |  5 comments | 32 tweets | 36 linkedin

The EU's second Payment Services Directive (PSD2) took effect on Saturday 13 January, bringing with it the start of Open Banking, however the prospect of a sudden revolution is likely to be thwarted by unresolved technical and regulatory issues and a lukewarm reception from consumers.

Petal raises $13m for credit card aimed at people without credit history

Petal raises $13m for credit card aimed at people without credit history

10 January 2018  |  6450 views  |  0 comments | 4 tweets | 5 linkedin

Petal, a US credit card startup that is ditching traditional credit scores in an effort to sign up young people and the underbanked, has raised $13 million in a Series A funding round led by Peter Thiel's Valar Ventures.

Transferwise ships borderless debit card

Transferwise ships borderless debit card

09 January 2018  |  9722 views  |  1 comments | 13 tweets | 22 linkedin

Tranferwise has begun rolling out its borderless bank account and debit card to private customers, enabling users to spend their cash in a choice of up 28 foreign currencies.

JCB to test 'world's most accurate' biometric authentication system

JCB to test 'world's most accurate' biometric authentication system

05 January 2018  |  8549 views  |  0 comments | 17 tweets | 23 linkedin

Japanese card brand JCB is running trials of a combined biometric palm print and vein identification system which claims a false acceptance rate of only one in one billion transactions.

Sky takes a punt on real-time payments

Sky takes a punt on real-time payments

04 January 2018  |  7740 views  |  1 comments | 8 tweets | 16 linkedin

Sky Betting and Gaming has partnered with Barclays to offer customers a service that will immediately pay out money to their debit cards when withdrawing winnings.

Bank of Cyprus to issue fingerprint payment cards

Bank of Cyprus to issue fingerprint payment cards

04 January 2018  |  13137 views  |  3 comments | 29 tweets | 41 linkedin

Bank of Cyprus is to issue a biometric EMV card which uses fingerprint recognition instead of a PIN code to authenticate the cardholder.

Bankwest opens waiting list for wearable payments ring

Bankwest opens waiting list for wearable payments ring

04 January 2018  |  8369 views  |  0 comments | 16 tweets | 19 linkedin

Australia's Bankwest is inviting customers to join the wearable payment movement as it prepares for the release of a contactless payments ring which enable touch-and-go transactions with a fist pump at the point of sale.

Finextra's year in review

Finextra's year in review

22 December 2017  |  32065 views  |  0 comments | 6 tweets | 5 linkedin

As Finextra pulls the shutters down on 2017, we take a look back at our most popular news stories, videos, and community engagement activities over the course of the past year. The site will re-open for business on 2 January 2018.

Tsys agrees $1.05 billion takeover of Cayan

Tsys agrees $1.05 billion takeover of Cayan

19 December 2017  |  11503 views  |  0 comments | 3 tweets | 13 linkedin

Mergers and acquisitions activity in the hot payments space shows no sign of abating as Tsys agrees a $1.05 billion deal to buy out Boston-based merchant acquirer Cayan.

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