https://www.finextra.com/ The Latest Financial IT Cards Headlines Copyright 2024 Finextra Research Ltd en-GB contact@finextra.com (Finextra Contact) https://www.finextra.com https://www.finextra.com/finextra-images/site/finextra.png https://www.finextra.com/newsarticle/44193/google-pay-lets-customers-ditch-cvvs-for-biometrics?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44193/google-pay-lets-customers-ditch-cvvs-for-biometrics?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 23 May 2024 00:01:00 GMT Google Pay has received a revamp to make it easier for shoppers to see card benefits, use BNPL on more sites, and ditch CVV codes in favour of biometrics at checkout. https://www.finextra.com/newsarticle/44189/mastercard-takes-genai-to-the-dark-web?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44189/mastercard-takes-genai-to-the-dark-web?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 23 May 2024 00:01:00 GMT Mastercard is using generative AI to double the speed at which it can detect potentially compromised cards. https://www.finextra.com/newsarticle/44191/synapse-fallout-leaves-copper-customers-unable-to-access-funds?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44191/synapse-fallout-leaves-copper-customers-unable-to-access-funds?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 22 May 2024 13:50:00 GMT The collapse of BaaS platform Synapse has forced teen finance app Copper to suddenly discontinue its bank deposit accounts and debit cards, leaving some customers unable to access their funds. https://www.finextra.com/newsarticle/44187/ex-revolut-team-launch-defi-wallet-and-crypto-card?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44187/ex-revolut-team-launch-defi-wallet-and-crypto-card?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 22 May 2024 10:11:00 GMT A team of ex-Revolut employees have released Zeal, a DeFi wallet and debit card combination that enables direct cryptocurrency spending on everyday items, eliminating the need for conversion to fiat currency. https://www.finextra.com/newsarticle/44178/psr-steps-back-from-capping-visa-and-mastercard-fees-despite-lack-of-competition?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44178/psr-steps-back-from-capping-visa-and-mastercard-fees-despite-lack-of-competition?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 21 May 2024 10:35:00 GMT The UK's Payment System Regulator (PSR) has stepped back from imposing financial penalties on Visa and Mastercard scheme and processing fees, despite evidence that the firms are running an effective duopoly in the supply of services to merchants. https://www.finextra.com/newsarticle/44157/visa-unveils-suite-of-new-products-for-the-digital-age?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44157/visa-unveils-suite-of-new-products-for-the-digital-age?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 16 May 2024 09:59:00 GMT Visa has unveiled a suite of new digital-first products and services that it claims will revolutionise the card and address the future needs of businesses, merchants and consumers and the financial institutions that serve them https://www.finextra.com/newsarticle/44134/kima-bids-to-build-a-defi-credit-card?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44134/kima-bids-to-build-a-defi-credit-card?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 14 May 2024 00:01:00 GMT Israeli startup Kima is running a project with Mastercard's FinSec Innovation Lab to connect decentralised finance (DeFi) applications with fiat systems. https://www.finextra.com/newsarticle/44122/mastercard-starts-domestic-payments-processing-in-china?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44122/mastercard-starts-domestic-payments-processing-in-china?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 10 May 2024 00:01:00 GMT US card giant Mastercard, through a joint venture, has finally begun processing domestic payments in China. https://www.finextra.com/newsarticle/44097/jp-morgan-taps-visa-direct-for-faster-payments?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44097/jp-morgan-taps-visa-direct-for-faster-payments?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 07 May 2024 00:01:00 GMT JP Morgan is promising faster domestic payments in the US, through the Visa Direct network. https://www.finextra.com/newsarticle/44043/mastercard-harnesses-ai-to-take-on-scammers?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44043/mastercard-harnesses-ai-to-take-on-scammers?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 Apr 2024 00:01:00 GMT Mastercard is tackling the growing threat of scams through the launch of an AI-based product suite and several cross-industry partnerships. https://www.finextra.com/newsarticle/44048/rbi-bars-kotak-mahindra-from-digitally-onboarding-new-customers?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44048/rbi-bars-kotak-mahindra-from-digitally-onboarding-new-customers?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 Apr 2024 19:53:00 GMT The Reserve Bank of India has ordered Kotak Mahindra Bank to stop onboarding new customers via digital channels and to pause issuing new credit cards because of failures with the lender's IT systems. https://www.finextra.com/newsarticle/44023/oaknorth-partners-marqeta-to-offer-smes-commercial-debit-cards?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44023/oaknorth-partners-marqeta-to-offer-smes-commercial-debit-cards?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 Apr 2024 09:00:00 GMT UK small business lender OakNorth has teamed up with Marqeta to offer commercial debit cards to its customers. https://www.finextra.com/pressarticle/100922/guavapay-partners-visa-on-london-campaign?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100922/guavapay-partners-visa-on-london-campaign?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 24 May 2024 13:17:00 GMT Guavapay, a global fintech company has announced its partnership with Visa, a world leader in digital payments, to launch an impactful Out Of Home (OOH) campaign across London. https://www.finextra.com/pressarticle/100918/neo-financial-credit-card-to-report-to-equifax?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100918/neo-financial-credit-card-to-report-to-equifax?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 24 May 2024 13:09:00 GMT Neo Financial announced that the Neo Secured Credit card, along with all Neo credit card products, will now report to Equifax Canada, in addition to its existing reporting to TransUnion, giving Canadians full credit profiles for broader lender acceptance. https://www.finextra.com/pressarticle/100909/metro-cable-and-velmie-launch-digital-wallet-in-sierra-leone?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100909/metro-cable-and-velmie-launch-digital-wallet-in-sierra-leone?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 24 May 2024 09:18:00 GMT Velmie, a banking technology provider, is proud to announce its collaboration with Metro Cable - Sierra Leone's premier provider of high-speed gigabit internet access - to launch Vult. Vult is a modern digital wallet solution designed to offer users a secure and convenient way to make online transactions, deposits, withdrawals, pay bills and send and receive money in multiple currencies, all within a single platform. https://www.finextra.com/pressarticle/100882/thames-technology-to-manufacture-mastercard-approved-pre-paid-magstripe-only-paperboard-cards?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100882/thames-technology-to-manufacture-mastercard-approved-pre-paid-magstripe-only-paperboard-cards?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 22 May 2024 16:58:00 GMT Thames Technology, a leading provider of innovative payment solutions, has announced that it is one of the first card manufacturers to offer Mastercard-approved pre-paid paperboard cards. https://www.finextra.com/pressarticle/100865/experian-acquires-stake-in-reward?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100865/experian-acquires-stake-in-reward?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 22 May 2024 09:44:00 GMT Reward, an industry leader in customer engagement and commerce media, today announced that Experian, a FTSE50 company, the world’s leading global information services company, has acquired a strategic stake in the company. https://www.finextra.com/pressarticle/100864/american-express-and-emburse-team-on-expense-management?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100864/american-express-and-emburse-team-on-expense-management?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 21 May 2024 15:55:00 GMT American Express, a leader in global business payments, and Emburse, a leading provider of travel and expense software, are partnering to offer end-to-end virtual card issuance, card reconciliation, and expense management in Emburse Spend, an all-in-one expense management solution, to American Express customers. https://www.finextra.com/pressarticle/100845/stc-pay-issues-bahrains-first-mastercard-world-prepaid-card?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100845/stc-pay-issues-bahrains-first-mastercard-world-prepaid-card?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 20 May 2024 13:49:00 GMT stc pay, Bahrain’s most innovative and accessible mobile wallet for digital financial transactions, has partnered with Mastercard to launch the first Mastercard World prepaid card in the Kingdom. https://www.finextra.com/pressarticle/100824/audax-financial-technology-and-paymentology-partner-for-card-as-a-service-solution?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100824/audax-financial-technology-and-paymentology-partner-for-card-as-a-service-solution?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 17 May 2024 09:40:00 GMT Paymentology, the leading next-gen global issuer-processor, today announced a strategic partnership with audax Financial Technology (“audax”), a comprehensive digital banking technology solutions provider backed by Standard Chartered Ventures. This collaboration transforms the payments landscape in Southeast Asia and the Middle East and allows financial institutions (FIs) to seamlessly launch and manage their own branded card program in a matter of months. https://www.finextra.com/pressarticle/100820/mastercard-and-salesforce-integrate-to-streamline-transaction-disputes?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100820/mastercard-and-salesforce-integrate-to-streamline-transaction-disputes?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 16 May 2024 15:05:00 GMT As consumers seek easier and safer shopping experiences, Mastercard (NYSE: MA) and Salesforce (NYSE: CRM) today announced a new integration to enhance trust across the ecosystem, helping customers speed up the resolution of transaction disputes, and reduce costs associated with resolving them. https://www.finextra.com/pressarticle/100804/banks-in-kazakhstan-roll-out-cbdc-card-services?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100804/banks-in-kazakhstan-roll-out-cbdc-card-services?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 16 May 2024 09:44:00 GMT In just 6 months after Kazakhstan launched the digital tenge, its Central Bank Digital Currency, over 10 innovative CBDC card services have become available to the country's population of 20 million. https://www.finextra.com/pressarticle/100803/avidbank-picks-corserv-for-credit-card-programme?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100803/avidbank-picks-corserv-for-credit-card-programme?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 15 May 2024 20:35:00 GMT CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Avidbank (over $2 billion in assets) to launch a beneficial credit card program for their commercial customers. https://www.finextra.com/pressarticle/100793/emirates-nbd-to-implement-pine-labs-credit-platform?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100793/emirates-nbd-to-implement-pine-labs-credit-platform?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 15 May 2024 13:58:00 GMT One of the leading banking groups in the Middle East, North Africa and Turkey (MENAT) region, Emirates NBD and Pine Labs, a prominent merchant commerce omnichannel platform, partner to ensure that companies across the region have access to the latest, and best, payment solutions. https://www.finextra.com/videoarticle/3042/changing-the-future-of-credit-with-agile-engineering?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3042/changing-the-future-of-credit-with-agile-engineering?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 20 Dec 2023 09:30:00 GMT In this episode of Unplugged, Harry Jell, CTO at Yonder, talks with Andrew Smith from RTGS.global, about building a successful credit card company in today’s financial climate. They discuss the seamless use of merchant data for user rewards, the importance of AWS and Kubernetes for scalability, and explore potential avenues to enrich transaction data. https://www.finextra.com/videoarticle/2806/payments-in-a-hyper-personalized-world?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2806/payments-in-a-hyper-personalized-world?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 31 Oct 2022 17:32:00 GMT Randy Kern, Chief Technology Officer, Marqeta joins FinextraTV at Money20/20 in Las Vegas, discussing how the expectations of customers are shifting in a hyper-personalized world, what innovations are being made in APIs, and how the nature of card payments are changing to meet the demands for quick, efficient and seamless payments. https://www.finextra.com/videoarticle/2264/fiat-currency-20-counter-argument-to-the-cryptocurrency-narrative?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2264/fiat-currency-20-counter-argument-to-the-cryptocurrency-narrative?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 05 Nov 2019 11:18:00 GMT Tony McLaughlin, Emerging Payments & Business Development, Citi, speaks at Money 20/20 USA about the practical problems that still need addressing in the crypto-currency community, how Fiat Currency 2.0 will help fix payments as a counter balance to crypto and what challenges still exist around tokenisation and coins. We ask how this impacts the big techs and what regulatory, political and ethical concerns need to be addressed first before they achieve their own currencies. https://www.finextra.com/videoarticle/2089/developer-day-at-fusionone-stirs-excitement-among-the-users?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2089/developer-day-at-fusionone-stirs-excitement-among-the-users?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 10 Jun 2019 08:00:00 GMT Finextra’s Hannah Wallace reports on day two of the FusionONE open banking developer conference to learn more about Finastra’s vision for the future of banking re-engineered upon APIs and open platforms. We gain exclusive insight from the developers into what's exciting them most about FusionFabric.cloud and how they are looking to innovate and create using the platform. https://www.finextra.com/videoarticle/2050/encapsulating-themes-from-the-payments-market?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2050/encapsulating-themes-from-the-payments-market?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 29 Apr 2019 09:00:00 GMT Marion King, Director of Payments, NatWest, speaks about her role and the responsibility it entails, including determining payments strategy for a major UK Bank, keeping NatWest's customers secure, regulation and innovation, what key themes we are seeing in the payments market and the developments to come. https://www.finextra.com/videoarticle/2013/exploring-new-commerce-mastercards-sonic-signature?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2013/exploring-new-commerce-mastercards-sonic-signature?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 28 Feb 2019 11:19:00 GMT Raja Rajamannar, Chief Marketing & Communications Officer and President, Healthcare Business, Mastercard, speaks at Mobile World Congress about the unveiling of Mastercard's Sonic Brand, the thinking behind the new musical logo and how it was developed. https://www.finextra.com/videoarticle/2012/the-power-of-partnerships-trust-data--digital-identity?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2012/the-power-of-partnerships-trust-data--digital-identity?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 28 Feb 2019 09:46:00 GMT Ann Cairns, Vice Chair, Mastercard, speaks at Mobile World Congress 2019 about the importance of partnerships, Mastercard's partnership with Microsoft, how they are using data in medicine and towards social reform, and what impact neobanks are having on the industry. https://www.finextra.com/videoarticle/2007/industry-challenges-around-ibor-transition?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2007/industry-challenges-around-ibor-transition?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 11 Feb 2019 09:12:00 GMT Andrew Kouloumbrides, CEO, Xceptor and Bruce Laing, Partner, IBOR Transition lead, Baringa, speaks about the industry challenges around IBOR Transition, what Financial Institutions have done up to date to meet these challenges and what to expect next. https://www.finextra.com/videoarticle/1968/the-global-adoption-of-real-time-payments-sparking-industry-innovation?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1968/the-global-adoption-of-real-time-payments-sparking-industry-innovation?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 16 Nov 2018 16:48:00 GMT Paul Stoddart, Chief Executive Officer, Vocalink & Colleen Taylor, Executive Vice President, Mastercard, speak at Sibos 2018 in Sydney about recent innovations having an impact on the consumer, which markets are ahead of the curve when it comes to adopting the latest real-time applications and how some of the latest innovations have tackled the issue of security, when leveraging the real-time rails. https://www.finextra.com/videoarticle/1960/when-if-ever-will-the-nordics-become-cashless?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1960/when-if-ever-will-the-nordics-become-cashless?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 13 Nov 2018 15:29:00 GMT Erik Zingmark, Head of Transaction Banking, Nordea, speaks at Sibos 2018 in Sydney, whether banks are really being disrupted by fintechs, what corporates are expecting from their banks in the next 3 to 5 years, and when, if ever, it will become cashless in the Nordics. https://www.finextra.com/videoarticle/1912/bringing-together-the-vision-of-connected-commerce?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1912/bringing-together-the-vision-of-connected-commerce?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 17 Oct 2018 11:35:00 GMT Gerrard Schmid, President and Chief Executive Officer Diebold Nixdorf, speaks at Diebold Nixdorf's International Management Seminar in Lisbon, about how banks need to support their customers through multi-channels as a result of digitisation, what is driving mobile banking, where the potential is for retail banks, and whether cash is really becoming extinct. https://www.finextra.com/videoarticle/1907/the-combined-effect-of-open-banking-and-real-time-payments?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1907/the-combined-effect-of-open-banking-and-real-time-payments?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 11 Oct 2018 11:10:00 GMT Jerry Norton, Vice President and Global Head of Banking for CGI, talks about how the combined effect of Open Banking and real-time payments on banks and what they need to do to adapt to the changing landscape. https://www.finextra.com/videoarticle/1901/digitalizing-clm-for-improved-customer-experience?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1901/digitalizing-clm-for-improved-customer-experience?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 02 Oct 2018 12:00:00 GMT Joe Dunphy, VP of Product Management, Fenergo, discusses what benefits digitalising the client lifecycle experience can bring financial institutions and their clients, how Fenergo’s CLM roadmap has evolved over the past two years to deliver greater transparency and control, and the importance of Fenergo’s global client community for driving industry best practice. https://www.finextra.com/blogposting/26198/what-does-basel-iv-mean-for-eu-banks-a-quick-review-of-the-challenges-and-opportunities?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26198/what-does-basel-iv-mean-for-eu-banks-a-quick-review-of-the-challenges-and-opportunities?utm_medium=rssfinextra&utm_source=finextrafeed Sun, 19 May 2024 06:02:44 GMT The finalisation of Basel IV marks a significant milestone in the ongoing evolution of global bankin... https://www.finextra.com/blogposting/26206/b2b-stablecoin-payments-ready-for-take-off?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26206/b2b-stablecoin-payments-ready-for-take-off?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 20 May 2024 12:44:04 GMT The market for stablecoin payments is gaining momentum, as more leading payment providers such as Vi... https://www.finextra.com/blogposting/26224/how-the-digital-assets-industry-can-harness-its-own-tech-to-set-a-positive-climate-example?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26224/how-the-digital-assets-industry-can-harness-its-own-tech-to-set-a-positive-climate-example?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 22 May 2024 12:30:35 GMT It’s already been a landmark year for the digital assets sector, with newly approved spot Bitcoin ex... https://www.finextra.com/blogposting/26209/preparing-for-dora-a-roadmap-to-compliance-for-financial-institutions?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26209/preparing-for-dora-a-roadmap-to-compliance-for-financial-institutions?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 20 May 2024 15:16:04 GMT Financial services providers are essential for the modern world, supplying the systems critical to t... https://www.finextra.com/blogposting/26213/empowering-digital-banking-ux-using-the-laws-of-psychology?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26213/empowering-digital-banking-ux-using-the-laws-of-psychology?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 21 May 2024 09:16:41 GMT In today's competitive financial landscape, exceptional user experience (UX) is not just a different...