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28 MAY 2018
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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1. First Data exits several European markets
(Card & Payments World | News/Acquiring)
First Data exits several European markets Further processing consolidation, but US giant denies complete Europe departure Italian payments processor SIA Group has bought the card processing operations ...
Friday, 25 May 2018
2. Bank chats with customers to stop fraud
(Card & Payments World | News/Fraud and Security)
Bank chats with customers to stop fraud Challenger enables fraud conversation feature on app Challenger bank Tandem has launched a new feature on its account aggregating app enabling users ...
Thursday, 24 May 2018
3. Ant Financial partners with bank on digital transformation
(Card & Payments World | News/Company news)
Ant Financial partners with bank on digital transformation Link with Chinese high street player Ant Financial has signed an agreement with China Everbright to help the Chinese stateowned banks ...
Thursday, 24 May 2018
4. Ex-Visa boss heads crypto bank
(Card & Payments World | News/Fintech)
Ex-Visa boss heads crypto bank Payments expert will head development of mobile app Former Visa UK CEO Marc OBrien has been appointed as the new chief executive of mobile crypto bank Crypterium ...
Wednesday, 23 May 2018
5. The top 5 cyberattack threats to banks in 2018
(Card & Payments World | News/Fraud and Security)
The top 5 cyberattack threats to banks in 2018 Report identifies main high tech wrecking balls State actors top the list of major cyberattack threats to banks in 2018. North Koreas state-sponsored ...
Tuesday, 22 May 2018
6. Smart POS terminals incorporate loyalty platform
(Card & Payments World | News/Loyalty/Marketing)
Smart POS terminals incorporate loyalty platform Range of bundled services available to merchants Payment processor Worldpay is incorporating software into its new SmartPay POS terminals that ...
Tuesday, 22 May 2018
7. Bank to launch blockchain payments platform
(Card & Payments World | News/Fintech)
Bank to launch blockchain payments platform Trial of FIs own digital currency planned for 2019 Mitsubishi UFJ is planning a new blockchain-based payments platform for micropayments and Internet of ...
Monday, 21 May 2018
8. Speed of bank digital transformation creates new risks
(Card & Payments World | News/Customer Insight)
Speed of bank digital transformation creates new risks Banks "need more than just a firewall" The speed and scale of digital transformation within the financial services industry is contributing ...
Monday, 21 May 2018
9. iZettle bought for US$2.2bn
(Card & Payments World | News/Corporate cards)
iZettle bought for US$2.2bn IPO plans changed after takeover approach Swedish digital payments provider has greed to be bought by PayPal in a US$2.2bn deal. The takeover comes just a few days ...
Friday, 18 May 2018
10. Bank fears over APP fraud reimbursement plans
(Card & Payments World | News/Fraud and Security)
Bank fears over APP fraud reimbursement plans New code for push payment scams due in September Plans by UK regulators requiring customers to be reimbursed for authorised push payment (APP) frauds ...
Thursday, 17 May 2018
11. Worldline buys processor for €2.3bn
(Card & Payments World | News/Acquiring)
Worldline buys processor for 2.3bn Latest industry consolidation creates major new player Worldline is to buy Swiss payment processor SIX Payment Services in a deal valued at 2.3bn. The takeover ...
Wednesday, 16 May 2018
12. Facebook becomes FIDO Alliance board member
(Card & Payments World | News/Corporate cards)
Facebook becomes FIDO Alliance board member Company joins efforts reliance on password Facebook has been appointed to the board of directors of strong authentication technology group the FIDO Alliance. ...
Tuesday, 15 May 2018
13. Poland puts bank records on blockchain
(Card & Payments World | News/Fintech)
Poland puts bank records on blockchain Major banks back initiative The Polish credit bureau BIK is to implement blockchain for storage and secure access to sensitive customer information. BIK, owned ...
Monday, 14 May 2018
14. Deutsche Bank plans to by-pass cards
(Card & Payments World | News/Card networks)
Deutsche Bank plans to by-pass cards Airline system challenges established processing fee model Deutsche Bank is working with the International Air Transport Association (IATA) on a pilot system ...
Thursday, 10 May 2018
15. Voice AI plays a big part in Google’s future
(Card & Payments World | News/Fintech)
Voice AI plays a big part in Googles future 3-5 years before Assistants converse as humans Its always worth keeping an eye on Googles developer conference, to see what they are launching and ...
Thursday, 10 May 2018
16. Open Banking – who do you trust?
(Features/Innovation/Technology)
Open Banking who do you trust? Post-PSD2, the future strategies of banks are being driven by double fear fear of becoming a dumb pipe and fear of missing out (FOMO). How can they maintain customer ...
Wednesday, 09 May 2018
17. CPI Card Group continues struggle to profit
(Card & Payments World | News/Manufacturing)
CPI Card Group continues struggle to profit Payment card growth hit by several factors CPI Card Group announced its quarterly earnings results on Tuesday. The financial card services provider net ...
Wednesday, 09 May 2018
18. Fintech launches PSD2 developer portal
(Card & Payments World | News/Regulation)
Fintech launches PSD2 developer portal Access to bank APIs Open Payments Europe has opened a PSD2-compliant infrastructure platform designed to offer users a single, open and secure point of access ...
Tuesday, 08 May 2018
19. The challenges for challenger banks
(Card & Payments World | News/Fintech)
The challenges for challenger banks Incumbents question the ability of new players to make money The Bank of England allowed non-banks to apply for access to the Real Time Gross Settlement system ...
Friday, 04 May 2018
20. GDPR phishing warning
(Card & Payments World | News/Regulation)
GDPR phishing warning Emails pose as consent-seeking requests from major companies Attackers are using fake GDPR-related emails about privacy that spread malware and try to trick recipients into ...
Friday, 04 May 2018
21. PayPal partners with Barclays
(Card & Payments World | News/Company news)
PayPal partners with Barclays Former rivals link digital offerings PayPal and Barclays have announced a partnership to explore ways to combine their services and reduce digital payments friction ...
Tuesday, 01 May 2018
22. NPSO takes over responsibility for payment schemes
(Card & Payments World | News/Regulation)
NPSO takes over responsibility for payment schemes Move will reduce complexity and risk, says new system operator The New Payment System Operator (NPSO) has today (May 1) taken over operational responsibility ...
Tuesday, 01 May 2018
23. Israeli start-up lunches crypto-payments tablet
(Card & Payments World | News/Fintech)
Israeli start-up launches crypto-payments tablet Hardware offers real-time transactions Virtual Crypto Technologies has launched a product to enable businesses to collect to collect real-time payments ...
Friday, 27 April 2018
24. Debit card targets cryptocurrency holders
(Card & Payments World | News/Fintech)
Debit card targets cryptocurrency holders Attempt to overcome merchant acceptance issue Cryptocurrency card provider FuzeX has partnered with UK blockchain energy company Energi Mine on an electronic ...
Friday, 27 April 2018
25. First non-bank gets access to payment systems
(Card & Payments World | News/Fintech)
First non-bank gets access to payment systems Founder says move is a game changer for fintechs TransferWise claims to be the first non-bank payment service provider to directly access UK payment ...
Friday, 27 April 2018
26. Mastercard appoints GDPR expert as chief privacy officer
(Card & Payments World | News/Regulation)
Mastercard appoints GDPR expert as chief privacy officer New appointee based in Brussels Mastercard has appointed data privacy expert Caroline Louveaux as its new chief privacy officer. She will ...
Thursday, 26 April 2018
27. German challenger expands m-payments offering in 4 countries
(Card & Payments World | News/Corporate cards)
German challenger expands m-payments offering in four countries Branchless bank nears 1m customers German mobile bank N26 is now offering Google Pay to its customers in Belgium, Ireland, Slovakia, ...
Thursday, 26 April 2018
28. Google says it is GDPR ready
(Card & Payments World | News/Regulation)
Google says it is GDPR ready Firm under fire for attempting to shield itself from new data rules Googles parent company Advent says it is ready to comply with the EU General Data Protection Regulation ...
Wednesday, 25 April 2018
29. 37% of FS firms to miss GDPR deadline
(Card & Payments World | News/Regulation)
37% of FS firms to miss GDPR deadline Managed services counts for biggest share of compliance expenditure Thirty-seven per cent of financial services companies do not expect to be compliant ...
Wednesday, 25 April 2018
30. Top tier banks complete blockchain pilot transactions
(Card & Payments World | News/Fintech)
Top tier banks complete blockchain pilot transactions Initial transactions include smart payments Batavia, the blockchain-based global trade finance platform developed by a consortium of major banks ...
Monday, 23 April 2018
31. NY authorities launch crypto platform probe
(Card & Payments World | News/Corporate cards)
NY authorities launch crypto platform probe Investigation seeks greater transparency in sector The New York Attorney General has launched an investigation to increase the level of transparency around ...
Friday, 20 April 2018
32. Amex axes rewards scheme
(Card & Payments World | News/Loyalty/Marketing)
Amex axes rewards scheme Programme cancelled after partner exodus American Express is to end its struggling Plenti coalition loyalty scheme from July 10. The US scheme, launched in 2015, was an ...
Thursday, 19 April 2018
33. Marriott expands credit card reach after merger
(Card & Payments World | News/Loyalty/Marketing)
Marriott expands credit card reach after merger Partners launch range of new co-branded products In addition to creating the world biggest hotel chain, Marriott Internationals acquisition of Starwood ...
Thursday, 19 April 2018
34. EC ID card security proposal is welcomed
(Card & Payments World | News/Identity)
EC ID card security proposal is welcomed Planned regulation opens door for host of related eID-related services The European Commission has tabled a proposal for a regulation to improve the security ...
Wednesday, 18 April 2018
35. Chinese lead funding of pan-African payments platform
(Card & Payments World | News/Fintech)
Chinese lead funding of pan-African payments platform Investment designed to improve continents fragmented m-payments landscape Pan-African digital payments network MFS Africa has received ...
Wednesday, 18 April 2018
36. Processors reveal top payment concerns of merchant clients
(Card & Payments World | News/Fraud and Security)
Processors reveal top payment concerns of merchant clients Value added services used to attract more merchants Chargeback rates are the biggest payment acceptance issue for merchants, according ...
Tuesday, 17 April 2018
37. Nearly half of under-35s have never used a credit card
(Card & Payments World | News/Customer Insight)
Nearly half under-35s have never used a credit card Need for changing payment solutions to meet millennial requirements Almost half of under 35s have never used a credit card (44%) compared to just ...
Tuesday, 17 April 2018
38. More opportunities for growth in subscriptions payments
(Card & Payments World | News/Customer Insight)
More opportunities for growth in subscriptions payments Sector already accounts for 5% of all household spending in Europe The total European subscription economy is worth 350bn a year, equivalent ...
Monday, 16 April 2018
39. Ripple partners with bank for blockchain-based payments
(Card & Payments World | News/Fintech)
Ripple partners with bank for blockchain-based payments Offering launched across four countries Banco Santander and Ripple have partnered to launch an international payments service using blockchain-based ...
Monday, 16 April 2018
40. Regulator warns of widespread cryptocurrency investment frauds
(Card & Payments World | News/Fraud and Security)
Regulator warns of widespread cryptocurrency frauds Investment promoters failing to disclose sufficient details There is widespread fraud involving cryptocurrency investment offerings, according ...
Friday, 13 April 2018
41. Paysafe makes further US processing acquisition
(Card & Payments World | News/Company news)
Paysafe makes further US processing acquisition Company claims to now be in top 5 of non-bank US processors Payments provider Paysafe is to acquire US-based iPayment, which provides payment and ...
Friday, 13 April 2018
42. Billon integrates blockchain tech into payment cards
(Card & Payments World | News/Fintech)
Billon integrates blockchain tech into payment cards Deal for multi-currency products covering 150 currencies UK blockchain technology company Billon has agreed a partnership to integrate its blockchain ...
Thursday, 12 April 2018
43. EPC considers changes to instant payments scheme
(Card & Payments World | News/Financial Services)
EPC considers changes to instant payments scheme Proposed amendments for all SEPA schemes go out for public consultation The European Payments Council has launched a public consultation on proposed ...
Thursday, 12 April 2018
44. POS tech provider to be bought for US$3.4bn
(Card & Payments World | News/Company news)
POS tech provider to be bought for US$3.4bn Private equity firm leads buyout consortium An investor group led by private equity company Francisco Partners has reached agreement to buy POS technology ...
Wednesday, 11 April 2018
45. Gang used Bitcoin used to help launder over Eur8m
(Card & Payments World | News/Fraud and Security)
Gang used Bitcoin used to help launder over Eur8m Cryptocurrencies increasingly utilised by crime groups, warns Europol Eleven people have been arrested in connection with a crime ring said to ...
Monday, 09 April 2018
46. EC takes aim at crossborder transaction fees
(Card & Payments World | News/Regulation)
EC takes aim at crossborder transaction fees - Bank revenues under threat - Regulators also target currency conversion transparency The European Commission has put forward new proposals to cut the ...
Monday, 09 April 2018
47. Mastercard names new vice chair
(Card & Payments World | News/Card networks)
Mastercard names new vice chair Network also makes changes to European leadership Mastercard has appointed Ann Cairns as vice chairman, effective from June 1. She is succeeded in her current position ...
Friday, 06 April 2018
48. India cracks down on VCs and payments storage
(Card & Payments World | News/Regulation)
India cracks down on VCs and payments storage Measures follow concerns over security and regulatory supervision Indian regulators have banned the countrys banks from handling virtual currency ...
Friday, 06 April 2018
49. The Top Ten UK cities for contactless transactions
(Card & Payments World | News/Contactless)
The Top Ten UK cities for contactless transactions 80% say cards are favourite form of payment Bristol has the highest proportion of contactless payments in the UK, with 59.5% of its total 8.3 million ...
Thursday, 05 April 2018
50. US$670m lost to crypto hacks and scams in 2018
(Card & Payments World | News/Corporate cards)
US$670m lost to crypto hacks and scams in 2018 One ICO accounts for quarter of all losses since 2011 Cryptocurrency hacks and scams have resulted in losses of US$670m in the first three months of ...
Thursday, 05 April 2018
51. New malware targets crypto and digital currencies
(Card & Payments World | News/Fraud and Security)
New malware targets crypto and digital currencies Copied payment details are modified to divert transactions Researchers have identified a new form of malware that modifies wallet or payment details ...
Wednesday, 04 April 2018
Final agreement on Fifth AML Directive proposals - Consensus on anti-money laundering amendments including prepaid cards and virtual currencies - The major provisions affecting banks - Patchy adoption ...
Wednesday, 04 April 2018
53. Oman bank starts ‘no card fees for life’ offer
(Card & Payments World | News/Loyalty/Marketing)
Oman bank starts no card fees for life offer Promotion runs on six credit products Bank Sohar has started a promotion offering no card fees for life for customers who sign up for one of its ...
Tuesday, 03 April 2018
54. Privacy Statement
(Card & Payments World | News/Fraud and Security)
Privacy Statement Context and overview details     Privacy Policy for McIntosh Media Ltd and C&M Publications Ltd from May 23, 2018     Next review date: May 23, 2019 This privacy policy has been ...
Monday, 02 April 2018
55. Payments provider ‘Brexit-proofs’ its gateway
(Card & Payments World | News/Company news)
Payments provider Brexit-proofs gateway Move to protect against no-deal scenario Cardstream, an independent provider of white label payment software and services, sys it has completed the Brexit-proofing ...
Thursday, 29 March 2018
56. Google loses Java software battle
(Card & Payments World | News/Fintech)
Google loses Java software battle Massive implications for all tech developers Google has lost a major copyright case that could cost it billions of dollars and change how tech companies approach ...
Wednesday, 28 March 2018
57. Braintree integrates loyalty with payments
(Card & Payments World | News/Corporate cards)
Braintree integrates loyalty with payments Service also features contextualised commerce  Braintree has launched the Extend platform to integrate loyalty fraud prevention and other transaction services ...
Wednesday, 28 March 2018
58. Belgian payments apps to merge
(Card & Payments World | News/Mobile)
Belgian payments apps to merge New company plans pan-European wallet Bank-owned Belgian payments apps Payconiq and Bancontact are merging to become the Bancontact Payconiq Company. ING, the original ...
Wednesday, 28 March 2018
59. Fintech job vacancies soar after PSD2
(Card & Payments World | News/Regulation)
Fintech job vacancies soar after PSD2 Cryptocurrency expertise also in demand Vacancies for fintech skills such as API expertise have increased by 73% over the last six months. The demand is being ...
Tuesday, 27 March 2018
60. Banking optimism levels fall after new regulations
(Card & Payments World | News/Customer Insight)
Banking optimism levels fall after new regulations Compliance costs could rise to 10% of total company revenue Optimism levels in the financial services sector have fallen to levels not seen since ...
Monday, 26 March 2018
61. Banks to offload domestic processing operations
(Card & Payments World | News/Corporate cards)
Banks to offload domestic processing operations Pressure from regulators and new competitors leads to focus on core activity European banks are likely to divest their increasingly costly acquiring ...
Monday, 26 March 2018
62. Romanian bank rolls out chatbot
(Card & Payments World | News/Corporate cards)
Romanian bank rolls out chatbot Cognitive app helps customers manage finances Banca Transilvania, the second largest bank in Romania, is making AI-powered financial guidance an integrated part its ...
Monday, 26 March 2018
Acquiring: Consolidation is coming to a place near you - How M&A will shake up acquiring as regulation starts to bite - Industry under threat from multiple marauders - What benefits can PSD2 bring? ...
Monday, 26 March 2018
64. UnionPay rolls out international m-payments platform
(Card & Payments World | News/Mobile)
UnionPay rolls out international m-payments platform Service offers access via open API UnionPay has launched a service that makes its m-payment solutions such as mobile QuickPass and QR code payment ...
Friday, 23 March 2018
65. China opens door to foreign payments players
(Card & Payments World | News/Regulation)
China opens door to foreign payments players Third party providers can apply for licences China has further opened its payments market up to foreign players, allowing them to apply for licences ...
Thursday, 22 March 2018
66. BBVA tests invisible payments
(Card & Payments World | News/Corporate cards)
BBVA tests invisible payments Biometric-based system trialled at restaurants BBVA is developing payment methods based on biometric technologies to make checkout at stores invisible. The bank ...
Wednesday, 21 March 2018
67. Plans for global fintech sandbox
(Card & Payments World | News/Fintech)
Plans for global fintech sandbox Regulators around world combine for testing of new innovations Financial regulators in Europe, the Far East and the US are collaborating on plans to develop a global ...
Tuesday, 20 March 2018
68. Chip & Pin remains most popular payment method
(Card & Payments World | News/Customer Insight)
Chip & Pin remains most popular payment method Range of payment types will be demanded Using a debit or credit card with a pin number is still the preferred method of payment for the majority ...
Tuesday, 20 March 2018
69. Mastercard "open" to cryptocurrencies
(Card & Payments World | News/Fintech)
Mastercard "open" to cryptocurrencies ...but only certain types Mastercard says it is open to the use of cryptocurrencies on its network but only if they are issued by central banks. The ...
Monday, 19 March 2018
70. Cryptocurrency exchange gets UK e-money licence
(Card & Payments World | News/Fintech)
Cryptocurrency exchange gets UK e-money licence Partnership with bank also provides access to Faster Payments Cryptocurrency exchange Coinbase has been granted an electronic money licence by UK regulator ...
Wednesday, 14 March 2018
71. Canada implements new credit risk model
(Card & Payments World | News/Regulation)
Canada implements new credit risk model First step in plan to modernise retail payments A new credit risk model has been rolled out for the Canadian retail payment system. The enhancement - effective ...
Tuesday, 13 March 2018
72. The delinquency challenge for Irish card issuers
(Card & Payments World | News/Customer Insight)
The delinquency challenge for Irish card issuers Credit card delinquency rates for new accounts in Ireland are consistently higher than the UK. Issuers may need to change origination policies, says Stacey ...
Monday, 12 March 2018
73. Alipay expands in Canada
(Card & Payments World | News/Corporate cards)
Alipay expands in Canada Partnership to connect with Chinese consumers Alipay has partnered with fintech Motion Pay to expand POS acceptance of Alipay transactions at Canadian merchants. Through ...
Friday, 09 March 2018
74. Acquiring potential in an unstable world
(Features/Innovation/Technology)
Acquiring potential in an unstable world To mark International Womens Day on March 8 we are profiling one of the top payments professionals - Andrea Dunlop - who is justifiably described as one of the ...
Thursday, 08 March 2018
75. Challenger launches multi-currency travel card
(Card & Payments World | News/Company news)
Challenger launches multi-currency travel card Product avoids normal tourist spending fees Danish challenger bank Lunar Way has launched a multi-currency travel card that enables tourists to make ...
Thursday, 08 March 2018
76. Blockchain banking platform raises US$20m
(Card & Payments World | News/Company news)
Blockchain banking platform raises US$20m Funding to be used to develop card that is independent of payment networks UK blockchain banking platform BABB has raised US$20m in a token sale and plans ...
Thursday, 08 March 2018
77. PayPal plan to speed up crypto payments
(Card & Payments World | News/Fintech)
PayPal plan to speed up crypto payments Slow transaction speeds hold up adoption of technology PayPal has applied for a patent to reduce the amount of time a cryptocurrency takes to go through between ...
Monday, 05 March 2018
78. FEXCO buys foreign exchange operator
(Card & Payments World | News/Company news)
FEXCO buys foreign exchange operator Seventh UK acquisition since 2012 Ireland-based payments solutions provider FEXCO has bought the long established UK specialist retail foreign exchange operator ...
Monday, 05 March 2018
MWC 2018: Digital transformation in Africa, AI driven cars and blockchain loyalty A major focus at MWC 2018 is how mobile technology is already transforming lives in developing nations and enabling cashless ...
Wednesday, 28 February 2018
80. MWC 2018: Banana phone helps drive Nokia revival
(Card & Payments World | News/Mobile)
MWC 2018: Banana phone helps drive Nokia revival Brand also launches blockchain payment offering A banana phone and a smartphone claimed to be unbendable are two of the flagship launches at MWC ...
Tuesday, 27 February 2018
81. Barclaycard trials ‘Dine & Dash’ technology
(Card & Payments World | News/Mobile)
Barclaycard trials Dine & Dash technology Pilot at high street restaurant chain Barclaycard is trialling an app that lets customers by-pass the standard process for settling restaurant bills ...
Tuesday, 27 February 2018
82. US credit card debt tops US$1 trillion
(Card & Payments World | News/Customer Insight)
US credit card debt tops US$1 trillion Visa card market share reaches record high Total credit card debt in the US was over US$1 trillion at the end of 2017. The outstanding debt on Visa, Mastercard, ...
Monday, 26 February 2018
83. Google accepts M-Pesa payments
(Card & Payments World | News/Mobile)
Google accepts M-Pesa payments Users without cards can pay for downloads Google is giving customers the option to pay for content on its Play Store using the M-PESA mobile payments system. M-Pesa ...
Friday, 23 February 2018
84. Three appointments at ai Corporation
(Card & Payments World | News/Company news)
Three appointments at ai Corporation New CTO, COO and finance director The ai Corporation (ai), an expert in payments, fraud and risk management, has appointed Robin Whitehead, David Gilhespy and ...
Thursday, 22 February 2018
85. Europeans want wearable payments
(Card & Payments World | News/Customer Insight)
Europeans want wearable payments Contactless sparks interest in new payment forms One quarter (24%) of Europeans expect to start using wearable such as a smartwatch, bracelet or keyring to make ...
Thursday, 22 February 2018
86. New Australia and NZ boss at I2c
(Card & Payments World | News/Company news)
New Australia and NZ boss at I2c Former GE Capital executive takes role I2C, a provider of payments and integrated commerce solutions, has appointed David Engel as country manager, Australia and ...
Thursday, 22 February 2018
87. Challenges ahead for new Amex boss
(Card & Payments World | News/Company news)
Challenges ahead for new Amex boss Chenault successor takes over as court ruling threatens rewards model Steve Squeri, the new chairman and CEO of American Express, has big shoes to fill and a challenging ...
Wednesday, 21 February 2018
88. BNP Paribas creates new chief data officer role
(Card & Payments World | News/Data Analytics)
BNP Paribas creates new chief data officer role Former Arthur Andersen, E&Y and Accenture analytics expert joins BNP Paribas Asset Management has appointed Christophe Bonnefoux to the newly-created ...
Tuesday, 20 February 2018
89. Merger creates US$45bn omnichannel payments player
(Card & Payments World | News/Company news)
Merger creates US$45bn omnichannel player Further consolidation in payments sector Payment technology provider NMI has signed a definitive agreement to acquire Creditcall, creating a company that ...
Tuesday, 20 February 2018
90. Uber exec joins Aire
(Card & Payments World | News/Company news)
Uber exec joins Aire Former Worldpay CEO on board as chairman Sarah McQuade has joined credit scoring company Aire as its new head of people after previously working for Uber as senior HR business ...
Monday, 19 February 2018
91. 2018: The year of M&As
(Card & Payments World | News/Corporate cards)
2018: The year of M&As 25 major payments acquisitions in first six weeks of the year Predictions of major mergers & acquisitions activity in the payments sector this year are already being ...
Monday, 19 February 2018
92. Coinbase and Visa in dispute over customer card charges
(Card & Payments World | News/Fintech)
Coinbase and Visa in dispute over customer card charges Problems after reclassification of card payments for cryptocurrencies Cryptocurrency exchange Coinbase is in dispute with Visa over who ...
Friday, 16 February 2018
93. Funding: French m-payments provider raises €13m
(Card & Payments World | News/Fintech)
Funding: French m-payments provider raises 13m App has over 1 million users Mobile payments start-up Lydia has raised 13m in a funding round led by CNP Assurances. The funding round also featured ...
Friday, 16 February 2018
94. Amex loses fight on co-brand card charges
(Card & Payments World | News/Regulation)
Amex loses fight on co-brand card charges Decision could lead to cull of rewards cards American Express will have to cut the fees it charges EU merchants on its co-branded credit cards following ...
Thursday, 15 February 2018
95. ECB dismisses calls for cryptocurrency regulation
(Card & Payments World | News/Regulation)
ECB dismisses calls for cryptocurrency regulation US Treasury official demands stronger international measures The president of the European Central Bank says it will not become involved in the ...
Thursday, 15 February 2018
96. Prepaid schemes fail to comply with card surcharge rule
(Card & Payments World | News/Prepaid)
Prepaid schemes fail to comply with card surcharge rule Fee structures still need to be updated Some prepaid card programmes are failing to comply with the new rule banning surcharges for payment ...
Wednesday, 14 February 2018
97. Equifax admits breach was wider than reported
(Card & Payments World | News/Fraud and Security)
Equifax admits breach was wider than reported Senator demands company produces full details Equifax has revealed more details of the 2017 breach of its systems, following claims that it was much ...
Wednesday, 14 February 2018
98. Italian cryptocurrency exchange loses US$170m
(Card & Payments World | News/Fraud and Security)
Italian cryptocurrency exchange loses US$170m Founder denies claims of exit scam The Italian cryptocurrency exchange BitGrail says it has been hacked and lost US$170m in customer money held through ...
Tuesday, 13 February 2018
99. Financial services cyberattacks triple in five years
(Card & Payments World | News/Fraud and Security)
Financial services cyberattacks triple in five years Breaches cost more to contain than in any other industry The rate of global cyber-breaches breaches in the financial services industry has tripled ...
Tuesday, 13 February 2018
100. Global card fraud network broken up
(Card & Payments World | News/Fraud and Security)
Global card fraud network broken up 36 people charged from crime empire that planned to steal US$2.2bn US prosecutors say they have broken up an online forum that committed frauds around the world ...
Monday, 12 February 2018
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