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The Australian Securities and Investments Commission (ASIC) has sued American Express alleging credit cards were issued and distributed to customers without ensuring they are understood.
payments , credit card, Issuer, regulation, payment institution, financial sanctions, financial institutions
Crypto.com has announced that it has become an associate programme member in Singapore to self-issue Visa credit cards with crypto capabilities.
credit card, cryptocurrency, Issuer, digital assets
Online payment solution platform AstroPay has recently announced a new partnership with global card issuer Mastercard to release a prepaid card in Brazil.
partnership, prepaid card, debit card, virtual card, online payments, digital payments, digitalisation, payment processing, Issuer, online shopping, online platform, payments , cashback
Chanan Lavi, CEO and Co-Founder of Kipp, discusses the main challenges and the key solutions when it comes to minimising fraud and optimising the authorisation.
fraud prevention, merchant, Issuer, partnership, credit card, risk management, data, transactions , banks, financial institutions
US-based paytech ConnexPay has received USD 110 million in growth equity to drive global expansion and unify the payments ecosystem.
funding, expansion, investment, fintech, reconciliation, travel payments, Issuer
Embedded financial solutions provider Cross River has partnered with American Express to issue credit cards on behalf of fintechs on the Amex network.
partnership, credit card, payment methods, embedded finance, payments infrastructure, lending, Issuer, compliance
Web3-powered loyalty platform ShopNEXT has announced a new strategic partnership with global card issuer and payments processor Visa to create Shop-to-Earn, a rewards platform.
NFT, loyalty programme, credit card, online payments, Issuer, blockchain, online shopping, shopping, Web 3.0, web3
US-based fintech Inswitch has partnered with Mastercard International to design and deliver digital payment solutions and issuing programmes.
MasterCard, Issuer, digitalisation, Open Banking, partnership
UK-based multinational banking player Barclays has partnered with online travel deals provider Priceline to launch the loyalty feature PricePoints of the Priceline VIP Rewards Visa card.
loyalty programme, Issuer, Visa, travel payments, partnership
US-based fintech startup Power has raised USD 316 million in debt and equity funding in order to launch its full-stack credit card issuance platform.
funding, credit card, fintech, Issuer
Global modern card issuing platform, Marqeta, has announced a strategic partnership with Bread Financial, a tech-forward financial services company to enhance the in-store checkout experience for shoppers using Bread Pay.
BNPL, credit card, debit card, virtual card, Issuer, payments , payment methods, digital payments, API, tokenization, loyalty programme, instalment payments, partnership, online payments
Switzerland-based digital bank Alpian has become a core member of Visa, enabling it to issue cards in Switzerland.
online bank, Visa, partnership, debit card, Issuer
Card platform Highnote has taken part in Visa’s Fintech Fast Track programme to become a cloud-native processor and certify issuing capabilities on Visa Cloud Connect.
fintech, Visa, partnership, Issuer, API
US-based WebBank has partnered with American Express to issue credit card and payment solutions that include American Express benefits.
credit card, Issuer, partnership, banks, fintech
Kledjona Mollaj, Consultant at Be | Shaping the Future UK, discusses the latest changes in Russia’s internal payment system and the challenges faced by the government amid the invasion of Ukraine.
Russia Ukraine War, local payment method, remittance, SWIFT, debit card, credit card, Issuer, central bank, mobile payments, online payments
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
Norway-based IDEX Biometrics has partnered with a Turkey-based issuer to launch biometric payment cards for the local market.
biometric authentication, Issuer, EMVCo, partnership
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
US-based not-for-profit company Affinity Credit Union has filed an official complaint against tech giant Apple for illegally profiting from Apple Pay and breaking antitrust laws.
Android, Issuer, Tap-to-Pay, digital wallet, e-wallet, mobile payments, mobile money, scheme fee, contactless payments
Belgium-based Belfius Bank has confirmed that the Bancontact card is set to support Apple Pay by the end of 2022.
online banking, online payments, partnership, debit card, Issuer, Apple Pay