Tagged: visa

Cryptocurrency Purchases with Bank Cards Now Supported by MEXC Global

MEXC Global, which claims to be a leading digital asset and cryptocurrency trading platform, reveals that it has taken steps towards improving the process of crypto purchases by offering investors in 180 countries the option of buying cryptocurrencies using Visa or Mastercard. Visa and Mastercard… Read More

UK Payment Systems Regulator (PSR) Sets Out Details for Work on Card Fees

The Payment Systems Regulator (PSR) in the UK has set out its plans showing how it proposes “to carry out two market reviews focusing on card fees.” As noted in the update from PSR, one “looks at scheme and processing fees, and the other at… Read More

Credit Karma Money Brings Cash Back Rewards for US Consumers

Credit Karma Money™, a single destination within Credit Karma for spending and saving, has announced the launch of cash back rewards, “giving its more than 110 million members in the U.S. the chance to earn cash back when they spend money at certain merchants using… Read More

Visa, First Abu Dhabi Bank, DBWC Introduce “She’s Next” Initiative in UAE

Visa (NYSE: V), which claims to be the leader in virtual payments, recently announced the launch of its global She’s Next initiative in the United Arab Emirates in order to economically empower women entrepreneurs. The initiative has been introduced with assistance from First Abu Dhabi… Read More

Visa Introduces Bitcoin (BTC) Cashback Cards in Brazil, Argentina

Visa (NYSE: V) has introduced Latin America’s first crypto cards, through partner firms based in Brazil and Argentina. Working cooperatively with Fintech startups and other companies in the region, Visa will reportedly issue cards that allow consumers to receive Bitcoin (BTC) cashback with each  payment… Read More

Open Banking Provider Tink Partners with Revolut

Open banking platform Tink has signed a strategic partnership for open banking technology with Revolut, a popular neobank. Tink’s payment initiation services (PIS) technology is expected to allow Revolut users across Europe to easily move money into their Revolut accounts. PIS enables users to connect… Read More

Visa Teams Up with Fundbox to Support Payment Capabilities for Small Businesses

Visa (NYSE: V), a “world leader” in digital payments, announced that it is partnering with Fundbox, an embedded working capital platform for small businesses, to strengthen Fundbox’s platform “with the power of digital payments.” The first step in this collaboration “is the launch of the… Read More

Sustainable Finance Provider ecolytiq Receives Investment from Visa, Others

Sustainable finance service provider ecolytiq has reportedly finalized a €13.5 million financing round that was led by Visa (NYSE: V) along with other blue chip investors. Consulting company PwC Germany also took part in the investment round via a fund that’s managed by Segenia Capital,… Read More

BNPL: NAB Introduces Buy Now, Pay Later Option with No Late Charges

NAB has introduced a Buy Now, Pay Later (BNPL) solution that it says will not hit consumers with late charges, account fees or interest payments. The banking institution will reportedly allow clients to spend as much as $1,000 through a virtual credit card that’s embedded… Read More

Fintech DriveWealth Appoints Terry Angelos as CEO Following Business Expansion, Customer Growth

DriveWealth, LLC, an international Fintech infrastructure firm that powers equity investing for Fintechs, has announced the appointment of Terry Angelos as Global Chief Executive Officer. This appointment will aim to “support DriveWealth’s continued growth, following a transformational year where the company realized a 100% growth… Read More

Wirex Reports 150,000 Registrations in First 6 Weeks of US Operations

Wirex is reporting that it has secured over 150,000 registrations to its crypto app six weeks after its launch in the US. Wirex is based in London, but also maintains offices in Singapore, Kyiv, Dallas, Dublin, and Atlanta. Wirex is a digital payments platform that… Read More

Carbonplace Partners with Visa for Carbon Credit Transfer

Carbonplace, the new carbon credit settlement platform jointly developed by some of the  largest financial institutions, recently announced the successful pilot “transfer of carbon credits through its system” in collaboration with global payments technology company Visa. The transaction, which involved Visa purchasing Verra-certified credits from… Read More

Veem Announces New Payment Options to Help SMBs Address Inflation Concerns

Veem, which claims to be a “leading” provider of global B2B payment solutions, has announced the rollout of new functionalities “including enhanced card options and faster ACH, allowing small businesses more flexibility in how they pay and get paid to manage cash flow.” Credit cards… Read More

Visa and PopID Form to Introduce Facial Verification Payments in the Middle East

PopID, a consumer authentication service, and Visa (NYSE: V), a key player in digital payments, announced a partnership “to collaborate on launching facial verification payment acceptance in the Middle East region.” The goal of the partnership is “to provide cardholders with new safe, secure, and… Read More

UK’s Payment Systems Regulator (PSR) Is Looking into Fees Charged by Visa, Mastercard, Others

The UK’s Payment Systems Regulator (PSR) has reportedly put the card schemes on notice that it is looking into their fees and how to assist merchants with entering better deals, including by promoting the alternative of account-to-account payments. While sharing its plans for 2022/23, the… Read More

Chase Reaches Co-Brand Card Extension for Amazon Prime Rewards Visa Signature Credit Card

Chase has announced a multi-year extension of the co-branded Amazon Prime Rewards Visa Signature credit card. The extension aims to reinforce the more than 20 years-long commitment between Chase and Amazon to offer card-members the best in rewards, benefits, and customer service. Marianne Lake, co-CEO… Read More

Visa Creator Program Targets 50M Artists With NFT Mentorship

Visa is launching a new venture designed to help creators produce their own NFTs. The Visa Creator Program aims to help digital-first artists, musicians, fashion designers, and filmmakers generate revenue with NFTs. Each cycle of the program will support a selected group of entrepreneurs looking to… Read More

Payments Fintech Payfare Expands Collaboration with Visa in the US

Payfare Inc. (TSX: PAY), a Fintech powering instant payout and digital banking solutions for the gig workforce, recently announced the expansion of its collaboration with Visa (NYSE: V) in the US. After obtaining its Visa Ready for Fintech Enablers certification and expanding its platform with… Read More

Visa Canada, DoorDash Support Real-Time Digital Payments via Fintech Stripe

Visa (NYSE: V) has announced a new offering with DoorDash, a “last-mile” logistics platform, in order to help enable faster payouts “to eligible Dashers across Canada.” The latest feature, called DoorDash Fast Pay, is “facilitated by Stripe’s Instant Payouts product, made available through Stripe’s financial… Read More

London based Fintech Currencycloud Introduces Weekend FX, Offering Best FX Rates 24/7

Currencycloud, the Fintech firm that is focused on simplifying business in a multi-currency world, has introduced Weekend FX, offering customers with the ability to provide competitive FX rates 24/7, “even after the markets close on a Friday evening.” As noted by Currencycloud: “Gone are the… Read More

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