Banking Transformation Summit USA

Cards & Payments

Barclays extends Visa partnership to drive innovation and international expansion

Barclays, which processes nearly half of the UKโ€™s debit and credit card transactions, has signed a new, multi-year partnership with long-standing partner Visa. The European agreement, which recognises the unique position Barclays has in the market, is designed to...

Equifax Looks for 2020 to be a Banner Year for Biometrics in Mobile Payments

Remember when Equifax got hit with a data breach, and access to just over 147 million customer records got out? With a point like that on the books, itโ€™s no surprise that the company behind it is eagerly looking...

Contactless payment transactions to reach $6tn globally by 2024, fuelled by increased card use

New data from Juniper Research forecasts that global contactless transaction values will reach nearly $6 trillion (โ‚ฌ5.5 trillion) in 2024, up from $2 trillion (โ‚ฌ1.8 trillion) in 2020. It found that this increase will be driven by significant growth...

SBI launches virtual card for online payments

State Bank of India (SBI) is offering a virtual card to be used for e-commerce transactions. The new offering will be a limit debit card that can be used for online shopping at merchant websites accepting Visa cards. The card...

Citi to provide co-brand credit card services for US retailer Meijer

American supercenter chain Meijer has partnered with Citi Retail Services to offer private label and co-brand credit card services. The duo signed a long-term agreement, with Citi serving as the exclusive issuer of the credit card from 24th of...

Visa to serve as payment partner for French fintech trio

Visa has become the preferred payment partner for fintech firms Lydia, Lunchr, and manager.one โ€“ all headquartered in France. The cards company will assign a team to work with the three fintech firms to further their development strategies. The...

InComm Japan Partners with Taiwanese QR and Barcode Payment Processor JKOPAY

InComm, a leading payments technology company announced that it has partnered with Taiwanese QR and barcode payments processor JKOPAY, to make their technology accepted at retailers across Japan. JKOPAY is well established as one of Taiwan's largest QR and barcode...

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