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15 FEBRUARY 2019
This is the site of Card & Payments World, the well respected international newsletter providing in depth information on mobile, card and online payments. Subscribe to access this daily news and resource site. Subscribers also receive 11 printed newsletters a year.

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article thumbnail Tuesday, 12 February 2019

Visa in the lead with new Eathport offer

Visa and Mastercard are in a head to head battle for UK payments processor Eathport, with Visa stating it has raised its to 37p per share, valuing the business at £247 million.
So whatever both payments giants say about their competitor being cash, this bidding war illustrates just were their nemesis sits. Read more ...

 
     

Latest feature
     
 
Tough time for wallets

Retirement for Microsoft
Mobile Wallet projections
India KYC problem
Alipay QR code chosen
Microsoft has given up the wallet fight and will be retiring its version on February 28, 2019.
Read more ...
 
     
 
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 Latest news 
 
Month's news
 
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article thumbnail Card & Payments World | News - Company newsFriday, 08 February 2019

Target expanding loyalty to fill credit card gap
Programme to provide analytics on non-Redcard customers
Mobile acceptance coming soon

US retailer Target plans to expand its Target Circle loyalty programme that it began in Dallas last April. Read more ...

article thumbnail Card & Payments World | News - Company newsThursday, 07 February 2019

Barclays leads £10m funding round for Bink
*Proposition to provide a marketplace for loyalty programmes back on the agenda

*Lee Clarke and Greg Gormley no longer part of the management team

Barclays has become a minority stakeholder in Bink, having taken part in its recent oversubscribed £10m funding round. A statement said “Barclays and Bink will work in collaboration to deliver a ground-breaking experience for Barclays customers”.  Read more ...

article thumbnail Card & Payments World | News - Company newsMonday, 04 February 2019

First Data partners with AIB to bid for Payzone
Payments consolidation continues
First Data and Irish bank AIB are working together to secure the purchase of Payzone, which is currently valued at more than EUR100 million, according to The Irish Times. Read more ...

article thumbnail Card & Payments World | News - Company newsMonday, 21 January 2019

Debit implications of Fiserv/First Data deal

The planned merger of Fiserv and First Data in an all shares deal by Fiserv worth US$22 billion could have an especially large effect on the US debit card market, according to advisors. Read more ...

article thumbnail Card & Payments World | News - Company newsMonday, 21 January 2019

Fiserv's and First Data $22B deal is biggest fintech deal so far
Goodbye to First Data name as stock deal creates a mega giant that merges payments and fintech
Read more ...

article thumbnail Card & Payments World | News - Company newsWednesday, 12 December 2018

PerfectCard to streamline reconciliation by joining the circle
Employee reward company is Ireland’s first authorised eMoney institution
PerfectCard, the FinTech provider of employee reward and corporate expense solutions, has joined Banking Circle to streamline payment reconciliation. Read more ...

Card & Payments World | News - Company newsMonday, 05 November 2018

Commercial Bank of Ethiopia to modernise retail payments Read more ...

article thumbnail Card & Payments World | News - Company newsMonday, 05 November 2018

Payment with currency conversion benefits

Travelling is stressful. From language barriers, to long lines at the airports, to converting money to the local currency only to lose an average of 8% - there are many frustrating pain points. Read more ...

article thumbnail Card & Payments World | News - Company newsTuesday, 30 October 2018

Xiamen Airlines selects Ingenico to optimise global online payments

Chinese carrier Xiamen Airlines has partnered with Ingenico to provide an online payments infrastructure for the company. Read more ...

article thumbnail Card & Payments World | News - Company newsMonday, 29 October 2018

Amazon chooses Amex for small business proposition
A deal made in loyalty heaven
If the retail industry aspires to be more Amazon, those in the payments business would dearly love to be more Amex. So the news that American Express has clinched the Amazon Small Business Card is a matchmakers dream.
This is what the marriage looks like in detail:
Read more ...

article thumbnail Card & Payments World | News - Company newsThursday, 25 October 2018

NCR steps into payments
Deal to buy JetPay

NCR Corporation is normally associated with ATMs and car park payment. Now it is taking a step into the world of payments, with its US$184m purchase of JetPay, a provider of end-to-end payment processing and human capital management solutions. Read more ...

article thumbnail Card & Payments World | News - Company newsFriday, 12 October 2018

Why the Hyperledger Ethereum deal is important
Major blockchains announce alliance

The coming together of Hyperledger and the Enterprise Ethereum Alliance (EEA) to enable them to become members of each other's projects is hugely important to the future of blockchain because it is about standards. Read more ...

article thumbnail Card & Payments World | News - Company newsFriday, 05 October 2018

Stripe raises US$245 million for next step
Investment to be used for international expansion
Stripe, the startup whose seven lines of code enable online payments for millions of businesses, raised $245 million in an investment round led by Tiger Global Management. Read more ...

article thumbnail Card & Payments World | News - Company newsFriday, 14 September 2018

Patent claims could cost UK payments industry millions
Patents cover entire architrecture and operating system and are device agnostic

An entrepreneur who filed patents ten years ago covering EPOS with screens has begun action to determine his ownership of this intellectual property. If he is successful, the UK card payments industry could face claims for many millions of pounds. Read more ...

article thumbnail Card & Payments World | News - Company newsThursday, 05 July 2018

New General Manager for Bacs

The company responsible for billions of UK payments worth trillions of pounds has appointed experienced executive, Andy Hollingdale, as its first General Manager. Read more ...

article thumbnail Card & Payments World | News - Company newsFriday, 08 February 2019

Target expanding loyalty to fill credit card gap
Programme to provide analytics on non-Redcard customers
Mobile acceptance coming soon

US retailer Target plans to expand its Target Circle loyalty programme that it began in Dallas last April. Read more ...

article thumbnail Card & Payments World | News - Company newsThursday, 07 February 2019

Barclays leads £10m funding round for Bink
*Proposition to provide a marketplace for loyalty programmes back on the agenda

*Lee Clarke and Greg Gormley no longer part of the management team

Barclays has become a minority stakeholder in Bink, having taken part in its recent oversubscribed £10m funding round. A statement said “Barclays and Bink will work in collaboration to deliver a ground-breaking experience for Barclays customers”.  Read more ...

article thumbnail Card & Payments World | News - Company newsMonday, 04 February 2019

First Data partners with AIB to bid for Payzone
Payments consolidation continues
First Data and Irish bank AIB are working together to secure the purchase of Payzone, which is currently valued at more than EUR100 million, according to The Irish Times. Read more ...

article thumbnail Card & Payments World | News - Company newsMonday, 21 January 2019

Debit implications of Fiserv/First Data deal

The planned merger of Fiserv and First Data in an all shares deal by Fiserv worth US$22 billion could have an especially large effect on the US debit card market, according to advisors. Read more ...

article thumbnail Card & Payments World | News - Company newsMonday, 21 January 2019

Fiserv's and First Data $22B deal is biggest fintech deal so far
Goodbye to First Data name as stock deal creates a mega giant that merges payments and fintech
Read more ...

article thumbnail Card & Payments World | News - Company newsWednesday, 12 December 2018

PerfectCard to streamline reconciliation by joining the circle
Employee reward company is Ireland’s first authorised eMoney institution
PerfectCard, the FinTech provider of employee reward and corporate expense solutions, has joined Banking Circle to streamline payment reconciliation. Read more ...

Card & Payments World | News - Company newsMonday, 05 November 2018

Commercial Bank of Ethiopia to modernise retail payments Read more ...

article thumbnail Card & Payments World | News - Company newsMonday, 05 November 2018

Payment with currency conversion benefits

Travelling is stressful. From language barriers, to long lines at the airports, to converting money to the local currency only to lose an average of 8% - there are many frustrating pain points. Read more ...

article thumbnail Card & Payments World | News - Company newsTuesday, 30 October 2018

Xiamen Airlines selects Ingenico to optimise global online payments

Chinese carrier Xiamen Airlines has partnered with Ingenico to provide an online payments infrastructure for the company. Read more ...

article thumbnail Card & Payments World | News - Company newsMonday, 29 October 2018

Amazon chooses Amex for small business proposition
A deal made in loyalty heaven
If the retail industry aspires to be more Amazon, those in the payments business would dearly love to be more Amex. So the news that American Express has clinched the Amazon Small Business Card is a matchmakers dream.
This is what the marriage looks like in detail:
Read more ...

article thumbnail Card & Payments World | News - Company newsThursday, 25 October 2018

NCR steps into payments
Deal to buy JetPay

NCR Corporation is normally associated with ATMs and car park payment. Now it is taking a step into the world of payments, with its US$184m purchase of JetPay, a provider of end-to-end payment processing and human capital management solutions. Read more ...

article thumbnail Card & Payments World | News - Company newsFriday, 12 October 2018

Why the Hyperledger Ethereum deal is important
Major blockchains announce alliance

The coming together of Hyperledger and the Enterprise Ethereum Alliance (EEA) to enable them to become members of each other's projects is hugely important to the future of blockchain because it is about standards. Read more ...

article thumbnail Card & Payments World | News - Company newsFriday, 05 October 2018

Stripe raises US$245 million for next step
Investment to be used for international expansion
Stripe, the startup whose seven lines of code enable online payments for millions of businesses, raised $245 million in an investment round led by Tiger Global Management. Read more ...

article thumbnail Card & Payments World | News - Company newsFriday, 14 September 2018

Patent claims could cost UK payments industry millions
Patents cover entire architrecture and operating system and are device agnostic

An entrepreneur who filed patents ten years ago covering EPOS with screens has begun action to determine his ownership of this intellectual property. If he is successful, the UK card payments industry could face claims for many millions of pounds. Read more ...

article thumbnail Card & Payments World | News - Company newsThursday, 05 July 2018

New General Manager for Bacs

The company responsible for billions of UK payments worth trillions of pounds has appointed experienced executive, Andy Hollingdale, as its first General Manager. Read more ...

Card & Payments World | News - Company newsMonday, 04 June 2018

Paysafe completes processing acquisition
Takeover establishes company as ‘top 5 non-bank US processor’ Read more ...

Card & Payments World | News - Company newsThursday, 31 May 2018

Worldpay boss among ethnic minority role models
Recognition for efforts to promote equal opportunities Read more ...

Card & Payments World | News - Company newsThursday, 24 May 2018

Ant Financial partners with bank on digital transformation
Link with Chinese high street player Read more ...

Card & Payments World | News - Company newsTuesday, 01 May 2018

PayPal partners with Barclays
Former rivals link digital offerings Read more ...

article thumbnail Card & Payments World | News - Company newsFriday, 13 April 2018

Paysafe makes further US processing acquisition
Company claims to now be in top 5 of non-bank US processors Read more ...

Card & Payments World | News - Company newsWednesday, 11 April 2018

POS tech provider to be bought for US$3.4bn
Private equity firm leads buyout consortium Read more ...

Card & Payments World | News - Company newsThursday, 29 March 2018

Payments provider ‘Brexit-proofs’ gateway
Move to protect against no-deal scenario Read more ...

Card & Payments World | News - Company newsThursday, 08 March 2018

Challenger launches multi-currency travel card
Product avoids normal tourist spending fees Read more ...

article thumbnail Card & Payments World | News - Company newsThursday, 08 March 2018

Blockchain banking platform raises US$20m
Funding to be used to develop card that is independent of payment networks Read more ...

Card & Payments World | News - Company newsMonday, 05 March 2018

FEXCO buys foreign exchange operator
Seventh UK acquisition since 2012 Read more ...

Card & Payments World | News - Company newsThursday, 22 February 2018

Three appointments at ai Corporation
New CTO, COO and finance director Read more ...

Card & Payments World | News - Company newsThursday, 22 February 2018

New Australia and NZ boss at I2c
Former GE Capital executive takes role Read more ...

article thumbnail Card & Payments World | News - Company newsWednesday, 21 February 2018

Challenges ahead for new Amex boss
Chenault successor takes over as court ruling threatens rewards model
Read more ...

Card & Payments World | News - Company newsTuesday, 20 February 2018

Merger creates US$45bn omnichannel player
Further consolidation in payments sector Read more ...

Card & Payments World | News - Company newsMonday, 19 February 2018

Uber exec joins Aire
Former Worldpay CEO on board as chairman Read more ...

Card & Payments World | News - Company newsWednesday, 07 February 2018

Entrust Datacard partners for instant issuance
Instant issuance becoming a “must have” in US Read more ...

Card & Payments World | News - Company newsTuesday, 06 February 2018

ParentPay buys Dutch school payments provider
Third acquisition in a year Read more ...

article thumbnail Card & Payments World | News - Company newsFriday, 02 February 2018

Alibaba takes stake in Alipay owner
Move could open way for IPO of payments operation Read more ...

Card & Payments World | News - Company newsWednesday, 31 January 2018

Amex buys AI travel assistant
Move expands payment brand’s digital concierge offering Read more ...

Card & Payments World | News - Company newsMonday, 29 January 2018

ING takes 75% stake in payments acquirer
Bank strengthens presence in processing Read more ...

Card & Payments World | News - Company newsFriday, 19 January 2018

Ingenico to buy NZ payment processor
Move supports omnichannel strategy across Pacific region Read more ...

Card & Payments World | News - Company newsFriday, 05 January 2018

Courtneidge takes payments CEO job
Payments lawyer leaves Locke Lord Read more ...

Card & Payments World | News - Company newsWednesday, 03 January 2018

Ant Financial US merger is blocked
Regulator stops massive takeover bid Read more ...

Card & Payments World | News - Company newsTuesday, 19 December 2017

TSYS buys PayTech unicorn
US$1.05bn acquisition to close in Q1 2018 Read more ...

article thumbnail Card & Payments World | News - Company newsThursday, 14 December 2017

iZettle plans IPO
Firm completes new funding round
Read more ...

article thumbnail Card & Payments World | News - Company newsTuesday, 12 December 2017

Atos bids for Gemalto
Unsolicited offer for smart security company
Read more ...

article thumbnail Card & Payments World | News - Company newsFriday, 01 December 2017

Gemalto to cut 10% of workforce
Redundancies as SIM slowdown blamed Read more ...

Card & Payments World | News - Company newsThursday, 30 November 2017

Ixaris launches open payments cloud architecture
Commercial rollout after completion of EU-sponsored initiative Read more ...

Card & Payments World | News - Company newsWednesday, 29 November 2017

Romanian project to modernise POS terminals
Country has fastest card payments growth in Europe Read more ...

Card & Payments World | News - Company newsWednesday, 29 November 2017

Payments marketplace raises US$4m
Ex-Barclaycard CEO on board as non-exec director Read more ...

article thumbnail Card & Payments World | News - Company newsMonday, 27 November 2017

Banks sign Mastercard exclusivity deal
All cards converted to network Read more ...

Card & Payments World | News - Company newsThursday, 23 November 2017

JCB signs global acquiring agreement
Partnership with payments platform extended Read more ...

article thumbnail Card & Payments World | News - Company newsWednesday, 22 November 2017

Latest payments news round-up
Some of the major stories happening this week:
- Tencent value tops Facebook
- BofA partners for contactless and IoT payments
- Visa tests blockchain B2B payments
- EBA relocates from London
- Brazil central bank issues virtual currency warning
- Smartphone voted most life-changing tech of past 25 years
- SCT Inst goes live
Read more ...

article thumbnail Card & Payments World | News - Company newsMonday, 20 November 2017

Boku launches London IPO
Plan to raise £45 for investors and development 
Read more ...

Card & Payments World | News - Company newsFriday, 03 November 2017

Visa launches real-time payments in Europe
Platform enables P2P, B2C and B2B transfers Read more ...

 
     
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