Tagged: Payment Cards

Payables Automation Fintech Tipalti Unveils New Payment Card, Confirms its UK Business Expansion

Tipalti, an international payables automation firm, has unveiled its latest innovations – which includes the integration of its current Procurement and Payables service and a corporate payment card at Illuminate, its inaugural user conference, in order to assist high-velocity firms with controlling costs and enhancing… Read More

BlockWRK, Issuer of “Federally-Approved” WRK Token, Introduces Blockchain based Worker Rewards App

BlockWRK, the issuer of the “federally-approved” WRK token, confirms the launch of its blockchain-enabled worker rewards app and Visa card. The app aims to reward employees with BlockWRK’s WRK token for achieving daily goals or targets that are related to health, safety, and overall job… Read More

COTI Introduces Bank Accounts and Visa Debit Cards

COTI is pleased to confirm that its Visa debit cards and bank account are accessible to the public. With assistance from Simplex, both of these financial tools should help with addressing “economic inequality.” As noted in an update shared with Crowdfund Insider, COTI aims to… Read More

Point Card, the High-Reward Debit Card, Secures $46.5M via Series B Round led by Valar Ventures

Point Card, the “high-reward” debit card, reveals that it has finalized a Series B round that was led by Peter Thiel‘s Valar Ventures. Other investors in Point Card’s latest investment round include Breyer Capital, YC Continuity, and Human Capital. Point completed a $10.5 million Series… Read More

Digital Banking Platform Tonik Introduces Physical Debit Cards for Consumers in the Philippines

Philippines-based Tonik, a virtual banking platform that was recently awarded an operational license by the Bangko Sentral ng Pilipinas (BSP), has introduced a physical debit cards for its customers. Tonik bank clients are now able to order physical debit cards via an easy-to-use app, and… Read More

Payments Fintech Stax Announces Launch of Credit Card Surcharging

Stax by Fattmerchant, which claims to be the industry’s “only” complete “all-in-one” solution for managing “everything” in the payments ecosystem, has announced the addition of credit card surcharging to its “feature-rich” technology. As mentioned in a released shared with CI: “With prices of processing fees… Read More

Indonesian Tech Giant Bukalapak to Leverage Fraud Prevention Solution from Vesta to Maximize Legit Credit Card Transactions

Vesta, the only “instant, end-to-end” transaction guarantee platform for making online purchases, recently revealed that it has been chosen by Bukalapak, which is one of Indonesia’s biggest tech firms. According to a release, Bukalapak will be leveraging Vesta’s extensive fraud prevention solution “to maximize approvals… Read More

BNPL: Canada’s Scotiabank Now Converting Credit Card Repayments to Buy Now Pay Later Options

Canada-based Scotiabank (TSE: BNS) is reportedly converting credit card repayments into Buy Now, Pay Later or BNPL options, by offering customers the ability to pay off their debt in 3, 6, or 12-month fixed-installment payments. Currently available for purchases over $100 in-store or online, clients… Read More

Reserve Bank of India Decides to Indefinitely Prevent Mastercard from Providing New Debit, Credit Cards to Locals

The Reserve Bank of India (RBI) revealed on Wednesday (July 14, 2021) that it has decided to indefinitely ban Mastercard Inc (NYSE: MA) from providing any new debit or credit cards to local clients for allegedly violating data storage guidelines. This move appears to be… Read More

Credit and Prepaid Card Issuer Cornèr Bank Group Reaches Key Digital Transformation Milestone by Transitioning to Improved Platform

Cornèr Bank Group, an established issuer of credit and prepaid cards to individuals and companies across Europe, has reportedly reached a key milestone in its digital transformation efforts by successfully migrating its card portfolios across all products and markets to an advanced and more consolidated… Read More

Digital Banking: Hong Hong based Mox Bank and Mastercard Unveil Smart New Feature Called “Flip”

Hong Kong-based digital banking platform Mox Bank and Mastercard recently revealed a smart new feature, referred to as “Flip.” Flip will be available on the “all-in-one” numberless Mox Cards which allow clients to flip freely between spending via their debit and credit card accounts. Mox… Read More

Finland’s Enfuce Partners Visa to Offer Payment Cards Solution Program for European Fintech Firms

Finland-based Enfuce is teaming up with Visa in order to introduce a fast-track, 8-week program for European Fintech firms. The program should help companies with launching their own payment cards. Under the new program, Fintech firms can provide their clients with physical and virtual payment… Read More

Payments Processing Fintech Marqeta Files Paperwork to Go Public

During the past 10 years, there’s been a significant increase in technology-focused firms that have attempted to disrupt traditional sectors. New initiatives such as payments firm Square (NYSE: SQ) grocery delivery service Instacart, and Uber Technologies (NYSE: UBER) are just some of the companies that… Read More

Pakistani Fintech SadaPay Shares How they Creatively Designed Payment Cards, Company Appoints New Head of Legal

Pakistani online payments Fintech SadaPay notes that it’s been well over three months now since they began rolling out their numberless debit cards. The SadaPay team points out that the designs “perfectly” fit their vertical debit cards. The company’s management noted that they wanted to… Read More

Fintech Unicorn TransferWise’s Erik Kaju Reveals how Company Began Developing its Global Debit Card

Erik Kaju, Director of Engineering, Cards and Spend at Fintech firm TransferWise, notes that after the introduction of the money transfer service’s debit Mastercard back in 2018, they’ve taken the card to more than 30 countries on four different continents. TransferWise claims that more than… Read More

Digital Banking: Monzo USA Personalized Digital Payments Cards Have Arrived

Digital bank Monzo, which recently scored an additional £60 million investment, has revealed that personalized cards have now arrived for US customers. The Monzo team notes in a blog published on December 16, 2020, that they’re pleased to announce that they’ve introduced their newly designed,… Read More

UK Fintech Modulr Introduces Card Issuing API, Customers are Now Able to Manage All Payments Needs from One Platform

UK-based Modulr, a Payments as a Service API Platform for digital businesses, has introduced physical cards that are now available via its platform. The Modulr team noted: “Following popular demand, we have launched a card-issuing API, completing an end-to-end, one-stop solution for an entire card… Read More

Melbourne based Fintech Archa, which Provides Business Credit Cards, was Granted Prinicipal Issuing Membership by Mastercard

Melbourne-based Archa, a company providing a corporate credit card that’s “built around your business, keeping you in control,” has revealed that it was granted principal issuing membership of Mastercard. The Archa team notes: “This is a significant, mission-critical milestone for us as we continue to… Read More

Bengaluru based Fintech Startup Walrus Is Launching Personalized Debit Card for Teenagers to Encourage Better Money Management

Bengaluru based Fintech startup Walrus is launching a personalized debit card for teenagers. The company says it wants to help teens become financially “smart” from a young age so that they are able to effectively manage their finances as they get older and have more… Read More

British Retail Consortium Accuses Mastercard and Visa of Charging Excessive Fees during COVID-19 Pandemic

Visa and Mastercard are being accused of charging “excessive” fees during the COVID-19 crisis. British retail groups are claiming that the scheme fees being charged by the payment companies have nearly doubled during the past 2 years. Retail groups in the UK have noted that… Read More

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