71 articles tagged with this keyword
News/security
Mastercard is tackling the growing threat of scams through the launch of an AI-based product suite and several cross-industry partnerships.
25 April 2024
News/regulation
The Reserve Bank of India has ordered Kotak Mahindra Bank to stop onboarding new customers via digital channels and to pause issuing new credit cards because of failures with the lender's IT systems.
24 April 2024
News/payments
UK small business lender OakNorth has teamed up with Marqeta to offer commercial debit cards to its customers.
News/startups
US startup Pomelo has raised $35 million in a Series A funding round for its credit-building remittance app and card.
23 April 2024
UniCredit is upgrading all its debit, credit and pre-paid cards with features designed by Mastercard for blind and partially sighted people.
HSBC Australia and Westpac have signed on as the first banks to offer a new Mastercard app that enables virtual commercial cards to be added to digital wallets.
19 April 2024
News/inclusion
Financial wellbeing app Wagestream has raised £17.5 million in a funding round joined by a British Business Bank subsidiary.
Finance automation and corporate credit card startup Ramp has raised $150 million in a funding round co-led by Khosla Ventures and Founders Fund.
18 April 2024
PayPal Ventures has led an €18+ million Serie A extension for Berlin-based corporate card platform Pliant as it prepares for expansion into the UK.
Cloud tokenisation provider TokenEx has agreed a merger with payments orchestration platform Ixopay. Financial terms were not disclosed.
Empower Finance has agreed to buy US credit fintech Petal and closed the acquisition of Philippines-based Cashalo.
09 April 2024
Bank of Ireland (BoI) was hit by another outage on Friday when its mobile banking app went down for around four hours.
08 April 2024
Toronto-based payment technology firm Brim Financial is targeting the US after raising $85 million in a Series C funding round led by EDC Investments.
03 April 2024
Visa has added a trio of AI-powered risk and fraud prevention tools to its suite of products for businesses.
28 March 2024
Robinhood continues to expand beyond its stock trading origins, launching a credit card with a host of perks, including three per cent cashback.
27 March 2024
After nearly 20 years of litigation, Visa and Mastercard have reached a settlement with US merchants lowering and capping credit card interchange rates in a deal that could save the merchants $30 billion over five years.
26 March 2024
UK open banking-powered startup BuildMyCreditScore says users have seen an average 52 increase in their credit scores in the first three months.
21 March 2024
The UK is approaching a seismic shift in how people pay, with digital wallets set to comprise half of all e-commerce spend and nearly a third of POS transaction value by 2027, according to a report from Worldpay.
UK bakery chain Greggs was forced to temporarily close several stores due to payment processing issues, following similar issues faced by other UK retailers over the weekend.
20 March 2024
Finextra is returning to Stockholm for the annual NextGen Nordics event. Attendees can expect in-depth conversations on a variety of topics and much more.
19 March 2024
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