Marqeta plans 2021 IPO
The Oakland, California firm is tapping up investment banks.
Cards
AmEx, Visa, Mastercard and Discover to launch Click to Pay globally
Group claims 10,000 merchants on board in US.
Aldi Nord switches card acquiring to Fiserv in five days
Fiserv steps in as long-serving technology partner for retailer.
Wirecard’s UK subsidiary WCS: missed red flags
Red flags include late 2018 financials and a €156,000 lost lawsuit.
solarisBank enables instalments for German AmEx customers
AmEx users can spread payments of more than €300.
Samsung chooses Curve to power its new Samsung Pay Card in UK
This is a one of a kind partnership for Curve and Samsung.
Emrys La Carte picks FSS Technologies for card issuance
French cooperative to replace paper-based system.
Lucy Hagues steps in as Capital One UK CEO
Hagues takes over from Amy Lenander, who heads stateside.
American Express first foreign credit card player to launch in China
AmEx won initial approval in 2018 for a bank card clearing licence in China.
Stripe adds Bacs Direct Debit to compete with UK rivals
Stripe will directly compete with UK home market player GoCardless.
Diebold Nixdorf signs six-year contract with Austrian bank99
Diebold Nixdorf signs a contract worth $20m.
Landesbank Berlin to develop commercial card programme with SIA
German bank will launch co-branded accounts using SIA platform.
Reserve Bank of Australia mulls payment cost change for merchants
Australian central bank examining the market in the wake of COVID-19
Earnings on demand fintech Hastee rolls out Visa debit card
“Users visit our app on average one and a half times a day,” says CTO.
ComCard aims to challenge US corporate banking with rewards-based card
The Los Angeles-based challenger aims to “simplify” financial management.
Marqeta lands $4.3bn valuation thanks to mystery investor
Marqeta’s customers include Square, Uber, Instacart and DoorDash.
Bank of Cyprus goes live on HPS PowerCard system
HPS has replaced two systems from ACI Worldwide and Bevertec.
Banking for kids fintech GoHenry unveils biodegradable card
The card is made up of 82% bio-sourced renewable materials.
Paysafe partners with Gala Technology to open SOTpay channel
The two firms will work on enabling more transactions for merchants.
RBS unveils ‘companion card’ to help vulnerable customers during lockdown
The card has a £100 limit which can be refreshed every five days.
bunq launches shared ‘bunq +1’ accounts for parents and businesses
Users can add as many bunq +1s as they want for a flat fee of €2.99 each month.
Paytm Payments Bank partners with Mastercard for physical card rollout
Beta users of the bank will be first to receive the new cards.
Google plans debit card launch in the US
Google is preparing to launch an Apple Card rival soon.
Milan picks Soldo’s prepaid cards to distribute coronavirus aid
The cards are loaded with money from Italy’s €400 million Solidarity Fund.
What the Fintech? Episode 3 | Digital disruption: Bitcoin and stable coins
Tune in to hear what Gemini’s MD for Europe, Julian Sawyer, thinks about digital currencies.
PayTech Awards deadline extended! Submit your entry by 30 April
We have received more requests for extensions than ever before, so we are extending the entry deadline again until the end of April.
CaixaBank and Global Payments create prepaid card under MoneyToPay brand
Global Payment’s Netspend president Kelley Knutson will head up the venture.
Chinese tech giant Huawei to launch new consumer credit card
Chinese manufacturer borrows a selection of Apple Card features for new product.
App-based payment solutions to delight merchants and their customers
The world of commerce is abuzz with the need to delight customers by providing a digitally enhanced shopping experience.
Starling Bank launches “spare” debit card feature to help those self-isolating
The ‘Connected Card’ gives someone else the ability to spend on their behalf.
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
EPA considers relaxing chargeback rules amid coronavirus
One EPA member has seen a spike of 14% in chargebacks from UK/ Europe-based merchants.
Curve launches numberless cards for new investors
Fintech claims that it has decluttered its “sleek” new cards.
PayTech Awards deadline extended! Submit your entry by 10 April
Premier awards for banks, financial, payment & e-commerce institutions, paytech vendors, individuals & teams!
Pleo offers new customers free services until July amid coronavirus
“With this uncertainty set to rumble on […] Pleo wanted to do something to help.”
N26 expects 70% of bank branches to disappear in 10 years
The coronavirus is accelerating a permanent change in consumer behaviour, says N26.
UK contactless limit raised to £45 to prevent coronavirus cash handling
“The changes were already under consideration by the industry,” says UK Finance
Banking Technology March 2020 issue out now
Keep calm and carry on: Where does COVID-19 leave the Chinese fintech market?
Flywire’s CEO on unicorn status: “It means nothing until it is something”
“I’m the most anti-unicorn terminology person, so it’s quite ironic,” says Massaro.
Dutch fintech TerraPay gets acquired & raises $9.6m
“Fintechs like TerraPay play a vital role in increasing financial inclusion in emerging markets.”
