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The Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement Systems (NIBSS) have launched a national payment card aimed at boosting financial inclusion in the region.
product launch, partnership, payments , card scheme, payment methods, financial inclusion, transactions , FX , banking
Global payments platform for digital A2A transactions, Trustly, has announced it acquired UK-based Open Banking payments platform Ecospend, following FCA approval.
acquisition, account-to-account payment, digital banking, FCA, regulation, regulatory sandbox, online payments, bank transfer, credit card, debit card, card scheme, cross-border payments, Open Banking, Open Banking payments
Global provider of credit cards, online banking services, and personal loans, Discover, through its in-house payment brand Discover Global Network has launched Tap-to-Ppay solutions internationally.
Tap-to-Pay, loyalty programme, contactless payments, local payment method, online payments, payments , mobile payments, mobile money, product upgrade, ATM, digitalisation, card scheme, credit card, debit card, COVID-19
Amazon and global payments processor Stripe have signed an agreement to expand their partnership to broaden the former’s use of Stripe's core payments platform.
partnership, payment processing, ecommerce, card scheme, contactless payments
Cloud-native issuer processor Enfuce and Nordic-Czech-based fintech holding company Orka Ventures have launched a consumer lending offering.
BNPL, partnership, PSD2, cloud services, Issuer, card scheme, lending
Digital payment and banking technology provider i2c has partnered North International Bank (NIBank) to launch a Mastercard Black Card in Latin America.
partnership, product launch, card scheme, payment methods, Issuer, banking
Denmark-based payment and card company BOKIS have entered a new long-term agreement with Nets, part of the Nexi Group, to issue payment cards across Denmark.
partnership, payments , payment methods, card scheme, Issuer, fintech
Finland-based fintech Enfuce has partnered with fuel company OKQ8 to launch a Visa-branded credit card programme as part of the latter’s card issuing modernisation.
partnership, Issuer, card scheme, cloud services, digitalisation, API, sustainability
Italy-based Sella has partnered IDEMIA to launch a biometric recognition card trial enabling people to make payments with their fingerprint via a small chip sensor.
partnership, product launch, card scheme, payments , payment processing, biometrics, biometric authentication, digital identity, identity method
Samsung has partnered with the India-based Axis Bank and global payments processor Visa to launch Samsung Axis Bank Credit Cards in India.
credit card, mobile banking, partnership, card scheme, fintech
European neobank Viva Wallet has enabled their French merchant network to accept CB payments currently made with 74 million CB cards.
partnership, card scheme, ecommerce, merchants
A new study from UK-based consultancy Juniper Research has predicted that BNPL (Buy Now, Pay Later) users will surpass 900 million globally by 2027.
BNPL, virtual card, ecommerce, inflation, card scheme
American Express has launched American Express Global Pay – a new digital solution that enables US businesses to make domestic and international business-to-business (B2B) payments.
card scheme, product launch, cross-border payments, B2B payments, SMEs
Colombia-based Superintendence of Industry and Commerce has imposed precautionary measures on Visa and Mastercard, against the possible commission of restrictive practices of competition within the framework of the payment system in foreign trade.
regulation, card scheme, payments , trade finance, credit card
Credit Bank of Moscow - MKB and Bank DOM.FR have announced that they are preparing to issue UnionPay cards starting with Q1 2023.
credit card, expansion, Issuer, financial sanctions, card scheme
The Central Bank issued a statistical bulletin informing that the number of issued bank cards in Russia in the first quarter of 2022 increased by 12 million.
central bank, Russia Ukraine War, report, credit card, Issuer, card scheme, expansion
Embracing the next generation of urban mobility payments can help cities and public transit operators (PTOs) create more inclusive, sustainable, and efficient urban mobility experiences, says Fernando Souza, VP, Global Head of Transit and Travel Solutions at Cybersource.
Open Banking, local payment method, card scheme, cryptocurrency, crypto, contactless payments, online payments, mobile money, tokenization, ecommerce
Russia-based Sberbank has started removing chips from un-activated cards to combat shortage after European suppliers halted deliveries based on EU sanctions imposed on the country amid the ongoing Ukraine invasion.
Russia Ukraine War, financial sanctions, credit card, debit card, card scheme
Europe-based Open Banking platform TrueLayer has announced its collaboration with wealth-building app Chip to deliver enhanced customer experience through faster account payments.
online payments, payment processor, local payment method, card scheme, bank account, account-to-account payment, digital payments, investment
Barclaycard customers have been warned about problems encountered during contactless usage of their cards.
credit card, contactless payments, card scheme, mobile banking