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BuildMyCreditScore users see credit scores surge in months

UK open banking-powered startup BuildMyCreditScore says users have seen an average 52 increase in their credit scores in the first three months.


UK set for soaring digital wallet adoption

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.


Greggs storefronts reopen after payment processing issues

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.


NextGen Nordics 2024: Top Nordics payments stories you’ve missed this year

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.


Visa and Taulia/SAP form embedded finance partnership

Visa has teamed up with SAP-owned supply chain finance outfit Taulia to make embedded finance accessible to businesses worldwide.


MPE 2024: What’s new for merchant payments and the role of digital wallets?

At the annual Merchant Payments Ecosystem conference in Berlin, businesses and leaders in payments come together to exchange ideas, perspectives, and visions in the merchant payments industry.


US Chamber of Commerce files suit against CFPB over late card fees

The US Chamber of Commerce has filed a lawsuit against the Consumer Financial Protection Bureau (CFPB) to stop it from implementing a rule to limit late credit card fees.


JP Morgan joins French payments network Cartes Bancaires

JP Morgan is joining Cartes Bancaires (CB), enabling its merchant clients to process card payments via the French network rather than Visa or Mastercard.


AmEx card details exposed in third-party data breach

American Express is writing to customers warning them that their account information may have been compromised in a data breach at a third party service provider.


Top 5 payment stories you missed in February 2024

Fintech heated up a bit in February meaning you could have missed out on some of the biggest stories. Here are some of the top stories we saw in January 2024.


Sibstar secures £125k from Dragon’s Den

Founder of Sibstar, a debit card and app designed for dementia patients and their families to securely manage their funds, has received £125k from Dragon’s Den investors Sara Davies and Deborah Meaden.


Mastercard offers issuers open banking-based account opening

Mastercard has launched a programme that uses open banking to streamline the account opening process for some US debit and prepaid products.


Worldline slips on deteriorating outlook

Shares in French payments processor Worldline slipped in early morning trading after the company reported a net loss due to a €1.15 billion impairment charge in merchant services and a deteriorating outlook.


Older shoppers boost growth in contactless payments

New Consumer Spend data from Barclays’ annual contactless trends report has revealed that 2023 was another record-breaking year for ‘touch and pay’, with the fastest growth coming among the over 65s.


Enfuce secures UK EMI licence; appoints Krieger as chairman

Finnish-founded card issuer and payment processor Enfuce has secured a UK e-money licence and installed former Tide CEO and Revolut COO Laurence Krieger as chairman.


Google Pay to shut down in the US

Google is rejigging its mobile payments services again, killing off Google Pay in the US in favour of Google Wallet.


Digitisation is a priority for ESG initiatives – Paymentology

ESG has a new meaning in 2024, with more and more financial institutions becoming increasingly transparent in their sustainable principles, and governments pushing harder for green regulation within the industry.


Garanti BBVA issues biometric card

Turkey's Garanti BBVA has rolled out a Mastercard contactless credit card with a built-in fingerprint scanner.


Capital One to acquire Discover for $35 billion

Capital One has made a $35 billion bid to acquire Discover Financial Services, in a move that radically reshapes the payment card industry.


Visa boosts B2B digital wallet capabilities

Visa is teaming up with Conferma Pay to let financial institutions add virtual corporate cards into employees’ digital wallets.