Tagged: credit cards

March 25, 2020 @ 8:51 am By Samantha Hurst  |  

Mastercard announced on Wednesday it is now offering a contactless limit raise across 29 countries as part of its commitment to enabling the increase in contactless payment limits across Europe. Mastercard reported that across Europe, it has “championed” several initiatives that have seen a dramatic… Read More

March 19, 2020 @ 11:45 am By Omar Faridi  |  

US-based CoinZoom, a regulated digital asset exchange, has announced the official launch of its crypto trading platform and its company Visa card. Users will now be able to purchase, sell, and spend a wide range of cryptocurrencies via CoinZoom’s exchange platform. According to a press… Read More

March 11, 2020 @ 8:59 pm By Omar Faridi  |  

Mexico-based Fintech firm Clip is introducing another payment method, called “Clip Total.” Adolfo Babatz, the company’s co-founder, said that the new payment solution is like having a “point of sale [system] in the palm of your hand.” During a recent presentation, Clip’s management shared an… Read More

March 5, 2020 @ 12:15 am By Omar Faridi  |  

Swisscard AECS, a company that provides American Express, Mastercard and VISA cards for private and business customers, has updated its early collections by using FICO analytics. This has reportedly resulted in a net 50% increase in revenue generated from billable collection expenses.  The update has… Read More

February 27, 2020 @ 9:20 pm By Omar Faridi  |  

An increasing number of Indian consumers are making digital payments at metros and also at stores in small towns. India-based SBI Cards, a major payment solution provider, is reportedly planning to raise approximately $1.4 billion via an initial public offering (IPO) which would be the… Read More

February 20, 2020 @ 11:21 pm By Omar Faridi  |  

India-based Paytm, an established payment gateway, has teamed up with ride-hailing app Uber in order to add credit and debit processing and will allow customers to easily perform card transactions. Uber will use the existing digital wallet integration with Paytm’s platform to offer riders a… Read More

November 20, 2019 @ 7:41 am By Omar Faridi  |  

Tymit, a London-headquartered mobile-based credit card service provider, has raised £4 million (appr. $5.2 million) via a combination of debt and equity financing, in order to create its products. The company has not disclosed any details regarding its investors. Tymit’s official website notes: “A credit… Read More

October 18, 2019 @ 9:12 am By Samantha Hurst  |  

American Express (NYSE:AXP) announced on Thursday it has reimaged its American Express Corporate Program with new offerings to meet the needs of both companies and their employees. The new suite of products includes  American Express Corporate Green, Gold, and Platinum Card. Each of the cards will… Read More

August 28, 2019 @ 8:00 am By JD Alois  |  

Marqeta, an Oakland, California based Fintech valued at over $2 billion, reports that the company has experienced “exponential revenue growth.” Following a Series E funding round that raised a whopping $260 million, Marqeta says it will hire 175 new employees during this year as it… Read More

June 28, 2019 @ 6:37 am By Samantha Hurst  |  

Jaja Finance, a UK-based fintech startup, announced on Friday it has entered into in agreement to acquire credit card accounts for Bank of Ireland UK. Jaja reported as part of a consortium of funds affiliated with Centerbridge Partners LP and KKR it will acquire the… Read More

June 11, 2019 @ 2:33 pm By Samantha Hurst  |  

E-commerce giant Amazon has reportedly teamed up with Synchrony Financial to launch its new credit card. According to CNBC, the program, Amazon Credit Builder, lends to shoppers with no credit history or bad credit, who would otherwise be exempt from Amazon’s loyalty cards. Tom Quindlen,… Read More

May 28, 2019 @ 10:21 am By Samantha Hurst  |  

United Overseas Bank (UOB) announced on Tuesday it has teamed up with Mastercard to launch its new regal business metal card specifically for small and medium-sized enterprises (SMEs). While creating the card, UOB reported that it and Mastercard conducted face-to-face interviews and surveys with senior executives… Read More

April 11, 2019 @ 8:58 pm By Samantha Hurst  |  

Extend, a credit card distribution platform based in the U.S., announced on Wednesday it secured $11 million through its Series A funding round, which was co-led by Point72 Ventures and Fintech Collective. Founded in 2017, Extend describes itself as a digital credit card distribution platform… Read More

April 3, 2019 @ 2:31 pm By Samantha Hurst  |  

Wells Fargo & Company (NYSE: WFC) announced on Thursday the launch its new contactless consumer credit and debit cards. According to Wells Fargo, the cards will allow customers to complete a transaction quickly with a single tap at millions of merchants, including transit systems, around… Read More

March 22, 2019 @ 2:57 pm By JD Alois  |  

Yosemite X has launched the “Yosemite Card” – a 0% transaction fee credit card targeting the traditional credit card industry. The company utilizes blockchain to cut “unnecessary fees imposed by banks and other credit card industry players like Visa and Mastercard.” As part of the… Read More

February 27, 2019 @ 9:26 am By Samantha Hurst  |  

UK-based fintech Curve announced on Wednesday it has introduced a new purchase protection policy that can reimburse supported claims within 24-hours on eligible purchases of up to £100,000 made with a Curve card. According to Curve, the Curve Purchase Protection Policy covers all credit and debit card… Read More

November 14, 2018 @ 3:24 pm By Samantha Hurst  |  

Just a few months after announcing its contactless debit card access to 15,000 ATMs nationwide, financial services giant Chase announced the launch of its new contactless Visa credit cards. The company reported that starting at the end of this year, customers will receive new contactless… Read More

September 4, 2018 @ 10:05 am By Samantha Hurst  |  

Jaja Finance, a UK-based fintech startup, announced on Monday the launch of its new mobile-first credit card, Jaja. According to Jaja Finance, the credit card, which is managed entirely through the Jaja app, is designed to liberate consumers by redefining the consumer experience, making credit cards simpler,… Read More

June 28, 2018 @ 12:00 pm By Samantha Hurst  |  

Following the announcement that there was a breach on Ticketmaster’s ticketing platform, UK challenger bank Monzo reassured its customers that there is nothing to worry about in terms of credit card information. The fintech confirmed that breach issues on Ticketmaster began even as early as… Read More

February 12, 2018 @ 11:18 am By JD Alois  |  

Coinbase, one of the largest Bitcoin exchanges in the world, tweeted out last week that certain credit card issuers were blocking transactions on its exchange. These bank based cards included; JPM Chase, Bank of America, Citi and Capital One. So what’s up with that? Well,… Read More