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Paymentology hires former Marqeta exec Jeff Parker as CEO

Global card issuer and processor Paymentology has hired Jeff Parker, the former SVP and managing director of Marqueta, as its new CEO.


Intesa Sanpaolo rolls out contactless payment ring

Intesa Sanpaolo is launching a wearable payment ring for customers to tap and pay at the checkout.


Visa and Mastercard lower Canadian interchange fees

Canada has finalised a deal with Visa and Mastercard to lower credit card interchange fees for small businesses.


Adyen to act as global acquiring bank for Klarna

Buy now pay later giant Klarna has selected Adyen as a global acquiring partner, responsible for collecting card-based payments from customers and their banks, and then delivering them to retailers and merchants - both in-person and online.


Standard Chartered rolls out BNPL option to consumers across Apac

Standard Chartered is rolling out online and instore buy now, pay later options for credit cardholders across Asia Pacific.


Visa joins €8.5 million funding round in Enfuce

Visa has joined an €8.5 million funding round in female-founded Finnish card issuer and payment processor Enfuce.


Apple and Goldman Sachs set for breakup - WSJ

Apple has sent a proposal to Goldman Sachs that would end the credit card and savings account partnership that the banking giant has been seeking to get out of, according to the Wall Street Journal.


PaymentSense eyes Irish money licence

Ireland's payments sector looks set for increased competition following reports that UK-based PaymentSense plans to apply to the Central Bank for an e-money licence.


UK should tap open banking to take on card schemes - govt-commissioned review

The UK should use open banking to provide retailers with an alternative to card payments and to improve "clunky" P2P bank transfers, says a new government-commissioned review.


Credit fintech Petal seeks buyer - report

US credit fintech Petal has put itself up for sale amid Walls Street concerns about its ability to survive, according to Fortune.


Mastercard gets green light for domestic payments processing in China

Mastercard has finally secured formal approval to begin domestic payment processing in China, enabling the US firm to issue yuan-denominated banks cards in the country.