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16 JANUARY 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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1. Australian card issuers compete with card linked offers (Card & Payments World \| News/Financial Services) Australian card issuers compete with card linked offers Issuers work hard to keep cardholders loyal with points bonuses A variety of card linked offers are available already this year in the Australian ... Friday, 11 January 2019 2. Mastercard name dropped from branding (Card & Payments World \| News/Loyalty/Marketing) Mastercard name dropped from branding Preparing for when ‘card’ is no longer relevant to payments In 1966 it was called Interbank, then in 1968 it became mastercharge. 1979 saw the change to MasterCard ... Tuesday, 08 January 2019 3. Lack of cash causing problems (Features/Reports/Data) Lack of cash causing problems UK Access to Cash report; China fines for cash refusal Since the first plastic credit card, the payments industry has been on a mission to replace cash.But increasingly, ... Tuesday, 08 January 2019 4. Big payment names join up for missguided mission (Card & Payments World \| News/Online payments) Big payment names join up for missguided mission Payments provider Klarna, SaaS platform Poq and online payment platform Stripe have joined forces to provide pay-later provision to shoppers wanting to ... Monday, 07 January 2019 5. We apologise for the irritation, but here are the predictions for 2019 (Features/Customer Insight) Feeling strong? Here are the predictions for 2019 Making predictions for the coming year is always fraught with danger, but this year it is even more complicated – for myriad reasons ranging from political ... Thursday, 20 December 2018 6. Cashless transactions now 45% of all Russia payments (Card & Payments World \| News/Card networks) Cashless transactions now 45% of all Russia payments Russians are finally relaxing their need for cash after decades of wanting the security of money under the mattress because of bank vulnerability to ... Tuesday, 18 December 2018 7. PerfectCard to streamline reconciliation by joining the circle (Card & Payments World \| News/Company news) 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 ... Wednesday, 12 December 2018 8. Ecobank, the Pan African Bank, appoints digital payment partner (Card & Payments World \| News/Mobile) Ecobank, the Pan African Bank, appoints digital payment partner The customers of Ecobank, the Pan-African Banking Group in 33 African countries, can now transact with over 170 million mobile wallets across ... Wednesday, 12 December 2018 9. Most banks will be made irrelevant by 2030 - Gartner (Card & Payments World \| News/Financial Services) Most banks will be made irrelevant by 2030 - Gartner Heritage firms heading for extinction Within 12 years time, 80% of financial firms will either go out of business or be rendered irrelevant by new competition, ... Tuesday, 11 December 2018 10. Shopping on mobiles now accounts for one quarter of spending (Card & Payments World \| News/Mobile) Shopping on mobiles now accounts for one quarter of spending Continued e-commerce growth leaves British high street spending lowest in Europe The UK now has the lowest proportion of high street spending ... Tuesday, 11 December 2018 11. Tesco latest store to remove £30 limit on mobile transactions (Card & Payments World \| News/Mobile) Tesco latest store to remove £30 limit on mobile transactions Tesco is set to abolish the £30 limit on Apple Pay transactions in its stores. Unlike contactless payments, which are capped at £30, there ... Friday, 07 December 2018 12. Monzo reaches funding target in less than three hours (Card & Payments World \| News/Financial Services) Monzo reaches funding target in less than three hours Criticism of use of overdraft facility to buy shares Monzo proved the value of customer loyalty this month when it reached its crowdfunding target ... Friday, 07 December 2018 13. Smartphone scan and pay deployed by giant electronics group (Card & Payments World \| News/Mobile) Smartphone scan and pay deployed by giant electronics group Europe’s largest consumer electronics retailer MediaMarktSaturn is deploying MishiPay’s mobile self-checkout solution in the world’s biggest ... Wednesday, 05 December 2018 14. Mobile accounts for 30% of cyber weekend sales (Card & Payments World \| News/Mobile) Mobile accounts for 30% of cyber weekend sales Smartphones driving conversions The annual Cyber e-commerce sales event achieved US$7.9m in online sales, with a third of them made by mobile payments, according ... Tuesday, 04 December 2018 15. SPECIAL REPORT: Chinese payment giants “lightyears ahead” (Features/Mobile/Contactless) SPECIAL REPORT: Chinese payment giants “light years ahead” Customer loyalty chief tenet of model Alipay acceptance at 7-Eleven US$15.5 trillion in mobile payments in 2017 China has embraced mobile payments ... Monday, 03 December 2018 16. Analysing behaviour with deep learning is key to stopping fraud (Features/Fraud and Security) Analysing behaviour with deep learning is key to stopping fraud Taking an early approach to risk-management PSD2 (Revised Payment Services Directive) is driving many organisations to completely overhaul ... Friday, 23 November 2018 17. Fintech M&A at record levels (Card & Payments World \| News/Financial Services) Fintech M&A at record levels Multiple challenges affecting all FS companies – but technology is the greatest A new report from international law firm Reed Smith is showing FinTech M&A at record ... Wednesday, 21 November 2018 18. China AI investment plummets (Card & Payments World \| News/Fintech) China AI investment plummets Technology shares everywhere are suffering a bit of a wobble currently, but the news that investment in China’s AI companies is plummeting has certainly focussed attention. ... Wednesday, 21 November 2018 19. What do we think of the new Costa pay by cup? (Card & Payments World \| News/Prepaid) What do we think of the new Costa pay by cup? Barclays bPay contactless in new unusual application - but does it tick the environmental box? Costa is rolling out a re-useable coffee cup with a contactless ... Friday, 16 November 2018 20. Gartner says 80% of heritage companies will fail to survive (Card & Payments World \| News/Financial Services) Gartner says 80% of heritage companies will fail to survive Traditional companies will struggle for relevance past 2030 We don’t want to depress you, but if you are working for what are now being called ... Friday, 09 November 2018 21. Mastercard enables payment with rewards worldwide (Card & Payments World \| News/Loyalty/Marketing) Mastercard enables payment with rewards worldwide Questions raised on the effect for the loyalty business case Mastercard has thrown the proverbial cat among the pigeons with its announcement this week ... Thursday, 08 November 2018 22. Carrefour Italia chooses mobile payments provider (Card & Payments World \| News/Mobile) Carrefour Italia chooses mobile payments provider Carrefour Italia’s iper - market and express stores – payment by smartphone direct from a current account. With the Jiffy service, made available ... Monday, 05 November 2018 23. Commercial Bank of Ethiopia to modernise retail payments (Card & Payments World \| News/Company news) Commercial Bank of Ethiopia to modernise retail payments Commercial Bank of Ethiopia is to modernise its retail payments infrastructure in order to promote the cashless economy. As it undertakes ... Monday, 05 November 2018 24. Payment with currency conversion benefits (Card & Payments World \| News/Company news) 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 ... Monday, 05 November 2018 25. 2017 State of the Industry Report on Mobile Money (Card & Payments World \| News/Mobile) 2017 State of the Industry Report on Mobile Money Report and infographic on global growth A number of new trends in mobile money were established in 2017 – from the accelerated growth of bank-to-mobile ... Wednesday, 31 October 2018 26. Almost all shoppers now buy online at some point (Card & Payments World \| News/Online payments) Almost all shoppers now buy online at some point Free shipping more important than fast shipping The extraordinary finding has emerged from a study by Pitney Bowes that 94% of all global consumers now ... Wednesday, 31 October 2018 27. Majority of consumers now buy goods from overseas merchants (Card & Payments World \| News/Online payments) Majority of consumers now buy goods from overseas merchants Lack of payment choice harming long term loyalty Domestic retailers are under increasing pressure, even if they have strong online presence, ... Tuesday, 30 October 2018 28. Xiamen Airlines selects Ingenico to optimise global online payments (Card & Payments World \| News/Company news) 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. As one ... Tuesday, 30 October 2018 29. Amazon chooses Amex for small business proposition (Card & Payments World \| News/Company news) 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 ... Friday, 26 October 2018 30. UnionPay remains the world’s largest card scheme (Card & Payments World \| News/Card networks) UnionPay remains the world’s largest card scheme Market share again increases UnionPay, the Chinese payment brand, has increased its share of the world market by another one percent, making it difficult ... Friday, 26 October 2018 31. NCR steps into payments (Card & Payments World \| News/Company news) 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, ... Thursday, 25 October 2018 32. Will consumers make use of Open Banking? (Card & Payments World \| News/Regulation) Will consumers make use of Open Banking? Survey finds lack of awareness a first major stumbling block Nine months before the deadline for Open Banking, the vast majority of UK citizens who were questioned ... Tuesday, 23 October 2018 33. Contactless beating chip & PIN at the till (Card & Payments World \| News/Acquiring) Contactless beating chip & PIN at the till Worldpay soon to lose co-CEO The popularity of contactless is growing to such an extent in the UK, that it is now used more often than chip & PIN. According ... Wednesday, 17 October 2018 34. Payments growth to continue – but not as we know it (Card & Payments World \| News/Financial Services) Payments growth to continue – but not as we know it Regulatory complexity causing problems for technology innovation Digital payments are experiencing a boom, driven by developing markets, and this growth ... Tuesday, 16 October 2018 35. Why the Hyperledger Ethereum deal is important (Card & Payments World \| News/Company news) 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 ... Friday, 12 October 2018 36. Retro cash deal raises eyebrows (Card & Payments World \| News/Acquiring) Retro cash deal raises eyebrows Walmart, considered to be the world’s biggest retailer has teamed up with Paypal for a rather retro deal. In the age when most financial services providers are urging ... Friday, 12 October 2018 37. Brex raises US$125m Series C funding (Card & Payments World \| News/Corporate cards) Brex raises US$125m Series C funding Startup corporate credit fard provider plans rewards programme Brex, which provides a corporate card for startups, has closed a US$125m Series C funding round. ... Monday, 08 October 2018 38. Crypto currencies used to launder US$88.6m, says report (Card & Payments World \| News/Fraud and Security) Crypto currencies used to launder US$88.6m, says report Criminals becoming "early adopters" of new technology Various stages of cybercrime explained A Wall Street Journal investigation has uncovered that ... Friday, 05 October 2018 39. Stripe raises US$245 million for next step (Card & Payments World \| News/Company news) 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 ... Friday, 05 October 2018 40. Fave and Grab combine to grow (Card & Payments World \| News/Acquiring) Fave and Grab combine to grow Fave and Grab, two of the leading online to offline (o2o) platforms in Southeast Asia, have announced a strategic partnership to accelerate growth for both platforms across ... Thursday, 04 October 2018 41. Tesco Bank suffers first FCA cyber-crime fine (Card & Payments World \| News/Fraud and Security) Tesco Bank suffers first FCA cyber-crime fine Reputation damage to group inevitable Tesco bank has been fined £16.4 million penalty for cyber hacking that occurred two years ago. This is the first cyber ... Wednesday, 03 October 2018 42. GPS appoints card services and global strategy VP (Card & Payments World \| News/Financial Services) GPS appoints card services and global strategy VP Former allpay exec joins issuer processor Global Processing Services (GPS), a UK-based issuer processor enabling next-generation payment ... Monday, 01 October 2018 43. Real-time payment system growth 'surges' worldwide (Card & Payments World \| News/Customer Insight) Real-time payment system growth 'surges' worldwide 40 programmes now live Deployments of real-time payment systems are surging worldwide, according to new research from US fintech company FIS. In ... Wednesday, 26 September 2018 44. Visa at 60 – but Diners came first (Card & Payments World \| News/Card networks) Visa at 60 – but Diners came first "Fresno drop" leads to first widespread card fraud Visa is celebrating its 60th birthday today, but it is worth remembering that this was not the start of the payment ... Wednesday, 19 September 2018 45. Visa, Mastercard finally settle Walmart case for $6.2bn – 13 years on (Card & Payments World \| News/Interchange) Visa, Mastercard finally settle Walmart case for $6.2bn – 13 years on Largest ever all-cash antitrust settlement ever It was 2005 that a group of merchants, led by Wal-Mart, first went to court to argue ... Tuesday, 18 September 2018 46. Finally a bank prepared to prove their own identity (Card & Payments World \| News/Fraud and Security) Finally a bank prepared to prove their own identity Barclays commitment to beating scammers Well done for Barclays for being the first bank taking responsibility for proving their identity. For  ... Tuesday, 18 September 2018 47. Patent claims could cost UK payments industry millions (Card & Payments World \| News/Company news) 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 ... Friday, 14 September 2018 48. Report into Equifax breach highlights key areas of concern (Card & Payments World \| News/Fraud and Security) Report into Equifax breach highlights key areas of concern 145.5 million US and 15.2 million UK records were compromised - official Failures in detection, segmentation and data governance have all been ... Wednesday, 12 September 2018 49. Cost of card acceptance leaps by 39% (Card & Payments World \| News/Interchange) Cost of card acceptance leaps by 39% BRC calls on UK government and regulator to step in Cash use fell a further 1% last year and now accounts for just 22% of purchases The British Retail Consortium says ... Tuesday, 11 September 2018 50. Lloyds glitch shows up faults in disaster recovery (Card & Payments World \| News/Fraud and Security) Lloyds glitch shows up faults in disaster recovery Lack of customer communication with social media lethargy hampers response New report highlights poor communication amongst banks Can lessons be learnt ... Thursday, 06 September 2018 51. All Visa Australia cardholders to be offered rewards link-up (Card & Payments World \| News/Loyalty/Marketing) All Visa Australia cardholders to be offered rewards link-up Visa has announced a partnership to roll out an instant rewards loyalty scheme including cashback, to all Visa cardholders across Australia. From ... Thursday, 06 September 2018 52. Google in Mastercard deal to access offline spending (Card & Payments World \| News/Online payments) Google in Mastercard deal to access offline spending Companies insist data is anonymised Google has apparently bought Mastercard credit card data in the US to help it track users' offline spending in stores. ... Monday, 03 September 2018 53. Alternative payment methods outnumbering traditional in most markets (Card & Payments World \| News/Online payments) Alternative payment methods outnumbering traditional in most markets Data from APAC, Global Full list of alternative payment methods Alternative payment methods such as mobile and digital wallets are ... Thursday, 30 August 2018 54. India two years on from demonitization: Special Card & Payments World Report (Features/Internet Payments) India two years on from demonitization: Special Card & Payments World Report Digital payments building but cash use still growing Tech giants in fight for market share Alternative payments to watch ... Wednesday, 29 August 2018 55. If you thought GDPR was bad, watch out for ePrivacy Regulation (Features/Regulation) If you thought GDPR was bad, watch out for ePrivacy Regulation New EU rules will have substantial impact on digital marketing, advertising and all things virtual A new wide-reaching privacy regulation ... Wednesday, 29 August 2018 56. Blockchain continues to gain ground in payments (Card & Payments World \| News/Fintech) Special Report: Blockchain continues to gain ground in payments Union Bank, Liechtenstein announcement Crypo from Thailand Central Bank Cryptocurrency cashback from Revolut North Korean hack exchange with ... Thursday, 23 August 2018 57. EU agrees Strong Customer Authentication rules (Card & Payments World \| News/Regulation) EU agrees Strong Customer Authentication rules Uncertainties remain One in four transactions will be affected The European Union has finally has new requirements for strong customer authentication which ... Monday, 20 August 2018 58. New FCA rules makes it easier for consumers to compare (Card & Payments World \| News/Regulation) New FCA rules makes it easier for consumers to compare How likely is it that a bank be recommended by users? From today (15 August 2018), banks must publish information on how likely people would be ... Wednesday, 15 August 2018 59. FBI warns of global ATM cyber crime spree (Card & Payments World \| News/ATMs) FBI warns of global ATM cyber crime spree Criminals gaining access via bank systems The FBI is warning banks that cyber criminals are planning a highly-coordinated attack on cash machines around the world ... Tuesday, 14 August 2018 60. China fines third party payment providers (Card & Payments World \| News/Financial Services) China fines third party payment providers Tightening regulation hits digital financial services Non financial companies investing in banks also reigned in China’s central bank fined Alipay, Gopay and Union ... Tuesday, 14 August 2018 61. Samsung Pay now available to Cornercard UK users   (Card & Payments World \| News/Mobile) Samsung Pay now available to Cornercard UK users Samsung says its mobile payment and digital wallet, Samsung Pay, is now available to Cornercard UK card holders. Cornercard UK is the leading business-to-business ... Wednesday, 08 August 2018 62. Kroger's California subsidiary to ban Visa credit cards (Card & Payments World \| News/Interchange) Kroger's California subsidiary to ban Visa credit cards Interchange battle heads for another showdown Kroger says it will no longer accept Visa credit cards at Foods Co. stores in Central and Northern ... Tuesday, 07 August 2018 63. Bank closures highlight the importance of systems reliability for SMEs (Card & Payments World \| News/Card networks) Bank closures highlight the importance of systems reliability for SMEs Cashless commerce means system downtime can’t happen An important side effect of the drive towards a cashless society has been highlighted. ... Monday, 06 August 2018 64. Digital India plan causes payment card spike (Card & Payments World \| News/Fraud and Security) Digital India project causes payment card spike EMV migration plans accelerated Credit and debit card fraud has jumped 42% in 2017, with much of the blame being attributed to the government’s ... Friday, 03 August 2018 65. First blockchain loyalty programme launched at scale (Card & Payments World \| News/Fintech) First blockchain loyalty programme launched at scale Payment confirmation also on the agenda American Express has become one of the first organisations to launch a blockchain loyalty programme potentially ... Tuesday, 31 July 2018 66. Chase bank concedes to Samsung Pay - with a rewards incentive (Card & Payments World \| News/Mobile) Chase bank concedes to Samsung Pay - with a rewards incentive A doubling up of customer rewards points is the added carrot for US bank Chase, which has given up the fight to run its own exclusive payments ... Monday, 30 July 2018 67. Payments market country report: Greece (Features/Reports/Data) Payments market country report: Greece – Card payments rocket after capital controls – Country gets up to speed with PSD2 – Exclusive interview on payment trends in the country with the Hellenic Bank ... Monday, 16 July 2018 68. Potential conflicts between GDPR and PSD2 (Features/Regulation) Potential conflicts between GDPR and PSD2 Unanswered questions on how the two pieces of EU legislation will work together in areas such as explicit consent and incident reporting. The General Data ... Monday, 09 July 2018 69. Chinese ruling on pre-paid removes US$74.4bn from mobile coffers (Card & Payments World \| News/Prepaid) Chinese ruling on pre-paid removes US$74.4bn from mobile coffers Tencent expects gaming division to drive 50% increase in Q2 turnover A decision by the Chinese government requiring mobile payment ... Friday, 06 July 2018 70. New General Manager for Bacs (Card & Payments World \| News/Company news) 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. Andy ... Thursday, 05 July 2018 71. India payments company expands into loyalty (Card & Payments World \| News/Loyalty/Marketing) India payments company expands into loyalty Hospitality sector also targeted Indian film production house Dharma Productions has signed a deal with India digital payments company Paytm to introduce a loyalty ... Wednesday, 04 July 2018 72. Visa & MasterCard ready to settle Wal-Mart action (Card & Payments World \| News/Interchange) Visa & MasterCard ready to settle Wal-Mart action 12 year legal case enters its final stages Two important factors are pointing to the likelihood that MasterCard and Visa are getting close to settling ... Tuesday, 03 July 2018 73. Reputational survey shows banks could do better (Card & Payments World \| News/Customer Insight) Reputational survey shows banks could do better But other sectors doing even worse Banks can hardly be said to do well in the reputation and customer good-will stakes, but even though their scores ... Monday, 02 July 2018 74. Comment: How SMEs can adjust to cashless societies (Card & Payments World \| News/Customer Insight) Comment: How SMEs can adjust to cashless societies Small and medium sized enterprises (SMEs) are the heart of entrepreneurialism in Britain accounting for over 99% of UK businesses. Yet their needs are ... Monday, 02 July 2018 75. Shoppers buying gift cards for themselves (Card & Payments World \| News/Prepaid) Shoppers buying gift cards for themselves Millennials lead trend Nearly half of UK shoppers (47%) are purchasing gift cards to spend on themselves, according to new research. Millennials (16-34 ... Wednesday, 27 June 2018 76. PayPal buys fraud prevention platform (Card & Payments World \| News/Fraud and Security) PayPal buys fraud prevention platform Latest acquisition adds to spending spree PayPal is making another acquisition after agreeing to buy fraud prevention and risk management platform Simility ... Monday, 25 June 2018 77. 16 crypto-exchanges meet with Europol (Card & Payments World \| News/Fraud and Security) 16 crypto-exchanges meet with Europol Over 300 attend conference to discuss legitimate uses of currencies Representatives from 16 cryptocurrency exchanges attended the 5th Europol Virtual Currencies ... Friday, 22 June 2018 78. Funding: UK paytech provider raises £44m (Card & Payments World \| News/Fintech) Funding: UK paytech provider raises £44m Money will be used for international expansion UK card processing technology provider Global Processing Services (GPS) has raised £44m in funding from ... Friday, 22 June 2018 79. mPOS to account for nearly a quarter of all POS transactions (Card & Payments World \| News/Customer Insight) mPOS to account for nearly a quarter of all POS transactions India will show greatest growth mPOS (mobile point-of-sale) devices will make up 24% of all global POS transactions by 2023, according ... Thursday, 21 June 2018 80. Dash partners for B2B crypto payments (Card & Payments World \| News/Fintech) Dash partners for B2B crypto payments Link with Asian payment processor Digital currency Dash has partnered with payment processor AloGateway, a global payment processor to enable merchants around ... Thursday, 21 June 2018 81. 95 arrested in CNP fraud crackdown (Card & Payments World \| News/Fraud and Security) 95 arrested in CNP fraud crackdown Police operation across 28 countries Ninety-five suspected members of internet-based criminal networks suspected of online card not present (CNP) fraud have ... Thursday, 21 June 2018 82. UK: Debit card payments overtake cash for first time (Card & Payments World \| News/Corporate cards) UK: Debit card payments overtake cash for first time 3.4 million now almost never use cash at all The number of debit card payments in the UK overtook cash transactions for the first time in 2017. ... Monday, 18 June 2018 83. Crypto exchanges and wallets failing to check customers (Card & Payments World \| News/Fraud and Security) Crypto exchanges and wallets failing to check customers Lack of KYC means criminals and PEPs can trade freely An estimated 68% of custodian wallets and crypto exchanges are allowing users to trade ... Friday, 15 June 2018 84. Cryptocurrency thefts top US$1bn in six months (Card & Payments World \| News/Fraud and Security) Cryptocurrency thefts top US$1bn in six months Exchanges are most vulnerable target A total of $1.1bn in cryptocurrency-related thefts took place during the past six months. The figure comes from ... Thursday, 14 June 2018 85. Adyen exceeds expectations with IPO (Card & Payments World \| News/Fintech) Adyen exceeds expectations with IPO Company valuation doubles on first day Dutch payments processor Adyen saw its valuation nearly double to €13.6bn on the first day of trading after its IPO. Prior ... Thursday, 14 June 2018 86. Card-linked loyalty app launches in Europe (Card & Payments World \| News/Loyalty/Marketing) Card-linked loyalty app launches in Europe Banks can generate own offers and promotions US-based fintech software solutions company myGini has launched its integrated payments, loyalty and ... Wednesday, 13 June 2018 87. Korean crypto exchange hacked (Card & Payments World \| News/Fraud and Security) Korean crypto exchange hacked Attackers get away with alt coins South Korean cryptocurrency exchange Coinrail says hackers have stolen about one-third of the coins traded on its market. Coinrail ... Tuesday, 12 June 2018 88. UK heads Europe fintech funding (Card & Payments World \| News/Fintech) UK heads Europe fintech funding Country appears to ride out Brexit storm London and the wider UK continue to be the leading European hub for international fintech investors, according to new research. ... Monday, 11 June 2018 89. Ant Financial achieves record single fundraising (Card & Payments World \| News/Mobile) Ant Financial achieves record single fundraising Cash to be spent on accelerating Alipay global expansion Ant Financial - owner of the Alipay mobile payment platform – has secured around US$14bn ... Friday, 08 June 2018 90. European payments processors merge (Card & Payments World \| News/Acquiring) European payments processors merge Latest example of rapid consolidation in region The processing industry consolidation taking place in Europe has accelerated further with the news that Nordic ... Tuesday, 05 June 2018 91. Paysafe completes processing acquisition (Card & Payments World \| News/Company news) Paysafe completes processing acquisition Takeover establishes company as ‘top 5 non-bank US processor’ Payments provider Paysafe Group has completed the acquisition of US-based iPayment, which provides ... Monday, 04 June 2018 92. Visa issues persist after outage (Card & Payments World \| News/Card networks) Visa issues persist after outage Company apologises for falling “well short” on payments reliability Problems have persisted after the major Visa payments outage in Europe, with customers claiming ... Monday, 04 June 2018 93. PayHappy! campaign launches in Germany (Card & Payments World \| News/Corporate cards) PayHappy! campaign launches in Germany SME programme links card payments to loyalty rewards PayHappy!, a payments-linked customer loyalty tool for small businesses in Germany, has launched ... Friday, 01 June 2018 94. Worldpay boss among ethnic minority role models (Card & Payments World \| News/Company news) Worldpay boss among ethnic minority role models Recognition for efforts to promote equal opportunities Ron Kalifa OBE, executive director of payments processor Wordplay, has been ranked 10th on the ... Thursday, 31 May 2018 95. 1,300% rise in transactions for cryptocurrency provider (Card & Payments World \| News/Fintech) 1,300% rise in transactions for cryptocurrency provider Company expands despite bank bans At a time when banks across the globe are issuing bans on crypto-related activity, a crypto-currency ... Thursday, 31 May 2018 96. Amex tests blockchain rewards (Card & Payments World \| News/Loyalty/Marketing) Amex tests blockchain rewards New loyalty project after cancellation of Plenti Shortly after cancelling its Plenti coalition loyalty scheme, American Express has announced the pilot of ... Wednesday, 30 May 2018 97. New trademark to signify QR payments acceptance (Card & Payments World \| News/Fintech) New trademark to signify QR payments acceptance Symbol can be displayed at merchant POS or in-app EMVCo has created a trademark for merchants to signify that they accept QR (quick response) code ... Wednesday, 30 May 2018 98. Digital rewards start-up raises £1m (Card & Payments World \| News/Corporate cards) Digital rewards start-up raises £1m Solution replaces loyalty cards with mobiles and payment cards Loyalty tech start-up Airtime Rewards has completed a round of funding that raised £1m from investors. ... Tuesday, 29 May 2018 99. Processor plans €9bn IPO (Card & Payments World \| News/Mobile) Processor plans €9bn IPO Flotation set for next month Dutch payments processor Adyen is planning an IPO of up to €9bn (US$10.5bn) in Amsterdam next month. It provides cloud-based mobile ... Tuesday, 29 May 2018 100. Card delinquencies: The looming signs of debt stress (Card & Payments World \| News/Customer Insight) Card delinquencies: The looming signs of debt stress Account delinquency is a major problem. Is there a pattern leading to its occurrence and, if so, what action can lenders take to prevent it. Article ... Tuesday, 29 May 2018
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