Payments

Brex to Issue World Elite Mastercard for Business

Brex, today announced that it will start issuing World Elite Mastercard for Business with an enhanced rewards structure and rich suite of travel benefits. Current Brex cardholders will be switched to Mastercard’s World Elite program this month, giving startup founders access to additional personalized, premium rewards.  Read more »

Mastercard Names Paul Stoddart President of New Payment Platform

Mastercard today announced the appointment of Paul Stoddart as president, New Payment Platforms, effective March 1, 2019. Stoddart succeeds David Yates, who will transition into a senior advisory role focused on real-time national and cross-border payments strategies.   In this role, Stoddart will oversee the development and strategic integration of Mastercard’s real-time payments capabilities beyond traditional card-based solutions. Among these... more Read more »

Secure Trading / acquiring.com select AEVI to drive vendor-agnostic POS and omnichannel solutions

Secure Trading / acquiring.com have announced today the extension of their complementary cloud-based payment gateway (Secure Trading) and next generation acquiring solution (acquiring.com), thanks to the addition of AEVI’s vendor-agnostic payment app, and smart point-of-sale solution. The partnership will allow Secure Trading / acquiring.com to offer omnichannel point-of-sale solutions, powering payments for merchants and partners by leveraging... more Read more »

CashtoCode now offers unique cash deposit option for iGaming operators across 60,000 locations

After a successful launch in Austria and Germany in 2017, CashtoCode (C2C), the instant cash payment service for online goods, today announced its availability in several new European markets including the UK, Greece and Italy. This expansion means that players can now make physical cash deposits into their iGaming accounts from more than 60,000 retail locations in Europe. Read more »

Singapore offers banks more time to implement e-payment protection rules

The Monetary Authority of Singapore (MAS) will give banks and credit card issuers more time to adopt the E-Payments User Protection Guidelines (“Guidelines”). The Guidelines aim to set standards in the following areas: a) Set out duties of financial institutions and users for secure e-payment transactions; b) Simplify error resolution processes when a user sends money to the wrong recipient; and c) Apportion liability between financial... more Read more »

PCI Pal and Pay360 by Capita host ‘The Future of Payments and Compliance’

PCI Pal, the specialist provider Read more »

Trust Wallet Joins FIO Protocol to Advance Blockchain Usability

The Foundation for Interwallet Operability (FIO) and FIO Protocol, the new inter-wallet operability protocol that removes the risk, complexity, and inconvenience of moving tokens and coins, is delighted to announce that  Read more »

Philippines issues new rules on acquiring cryptocurrency assets

The Philippines, through the Cagayan Economic Zone Authority (CEZA), unveils a comprehensive set of new rules governing cryptocurrencies in a bid to effectively regulate and protect investors. CEZA has approved the Digital Asset Token Offering (DATO) regulations that cover the acquisition of crypto assets, including utility and security tokens. Under the new framework, CEZA is the principal regulating authority. The Asia Blockchain and Crypto... more Read more »

Securitize, Coinstreet Partners and STO Global-X Collaborate to Modernize Digital Securities in Asia

Coinstreet Partners, the pioneering token consultancy and crypto investment firm, STO Global-X, a security token exchange platform, and Securitize, a blockchain-based digital security issuance and management platform, entered into a strategic partnership to bring one-stop, end-to-end digital security offering (DSO) services to the vibrant Asia market, which has yet to see widespread adoption of tokenized securities. Read more »

Western Union Digital Money Transfers Now Live in South Korea via kakaobank Mobile App

The Western Union Company, a leader in cross-border, cross-currency money movement, and  Read more »

MuchBetter takes aim at the multi-billion-pound iGaming payments monopoly

One year on from its commercial launch, payments app MuchBetter, is announcing a number of significant milestones and figures, as it signals its intent to ‘break the monopoly of iGaming payments’, in an industry estimated to be worth £40bn. Having launched in November 2017, key highlights and milestones after 14 months include:  Read more »

Earnings Review: Strong Performance in Q4, Continued Momentum for 2019

This morning, we hosted a conference call where we shared Mastercard’s financial results for the fourth quarter and our 2018 fiscal year. If you listened to that call, you heard how we had a strong end to the year, delivering broad-based growth. The numbers speak for themselves – double-digit gains in both volume and transactions, with earnings per share increasing 40 percent year-over-year, on a currency-neutral basis and excluding special... more Read more »

Suits Me partners with HooYu to simplify banking for migrant workers

Leading identity confirmation provider HooYu has partnered with hassle-free alternative banking solution, Suits Me, to help financially-excluded workers get quicker and simpler access to bank services. Read more »

Ultra-secure payments app reaches 150,000 users in same time as Monzo

One year on from its commercial launch, payments app MuchBetter, is announcing a number of significant milestones and figures, as it signals its intent to ‘break the monopoly of iGaming payments’, in an industry estimated to be worth £40bn. Having launched in November 2017, key highlights and milestones after 14 months include:  Read more »

UK consumers threaten to thwart banks’ SCA compliance

Lenders, card issuers and payment service providers that need to comply with new fraud rules under PSD2 next year face a challenge from their own customers. In a new FICO survey, only about half of UK consumers say they are willing to give their bank or card issuer their mobile number in order to carry out extra authentication steps. Many banks are counting on authentication using mobile phones to comply with the rules. Read more »

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