Finland’s S-Bank taps Worldline for card fraud management solution
The Worldline Fraud Management Suite can detect fraudulent payments before they are even processed.
The Worldline Fraud Management Suite can detect fraudulent payments before they are even processed.
The firm has made the decision “due to the uncertainty of the macroeconomic environment”.
The card is available to US residents and will be rolled out to customers in additional countries starting in 2023.
The firm says the acquisition will boost its ability “to create personable gift card products that consumers seek”.
The firm boasts “high double-digit growth” year-on-year and is projecting revenue growth of around 40% for 2022.
The funding will be used to boost its global market expansion plans.
The start-up is aiming to expand its loyalty programme and credit card offering for US renters.
The firm says the funding will be used to support its international expansion.
Cellulant’s customers can now pay online wherever Mastercard is accepted via the Tingg wallet.
The bank says Vaia will cut the time needed for businesses to connect with any available payment rails.
Customers will be able to access accounts via a mobile app, make contactless payments and track spending.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The bank’s corporate clients will now be able to pay any invoice using a Lloyds Commercial Card.
The facility will be used to build out a central finance hub for small business owners in the UK and US.
The round was led by Global Founders Capital with participation from Sequoia Capital and Block.
The debit card, launching soon, aims to reward sustainable businesses.
Dan Henry has been terminated as CEO and president of the company and resigned from the board as of 14 October.
The savings account will allow Apple Card users to deposit their “Daily Cash” rewards automatically.
B4B Payments will showcase its instant card issuing and payments innovation platform at Money20/20 USA.
Brex is set to lay off 136 employees – approximately 11% of its total workforce.
At Sibos 2022, Brim Financial’s Meenaz Sunderji discusses the evolving retail and corporate card landscape.
The fundraise was a mix of $154 million in equity and $150 million in structured capital.
The new funding brings the total capital raised by Step to $500 million in equity and debt.
With the fresh funding, Mercantile plans to further its product development, build partnerships and expand its teams.
We chat with Sara Castellano of JP Morgan Payments about digital payments trends in the EMEA region.
Existing investors Edison Partners and Revaia took part with Italian paytech Nexi joining in as a new investor.
“If you’re going to be in the metaverse, it starts with a purpose,” Accenture’s Michael Abbott explains.
According to Crunchbase, the company raised $1.3 million in seed funding in March.
The app will offer financial literacy programmes such as lectures, tutorials, podcasts and webinars.
Focusing on 14 providers will ensure “around 95% of transactions for the merchants our remedies will protect will be regulated”.
The Uber Pro Card will help its drivers save on fuel, fees and other associated expenses.
If completed, the new funds will take the firm’s total Series A raise to $61 million.
We chat with Paycraft’s CEO Ambarish Parekh about what the company offers and its evolution over the years.
The round was led by Sway Ventures with participation from Menora Mivtachim, an Israeli insurance firm.
The funding round, led by ParaFi Capital’s Growth Fund, saw participation from high-profile angel investors.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Shelf was recently accepted into start-up accelerator Y Combinator’s Summer 2022 batch.
Founded this year and based in Miami, Florida, Dexy is currently waitlisting applicants.
Start-up sync. was planning “massive growth” in 2021, powered by Railsr’s BaaS platform.