Cards & Payments

Mastercard is collaborating with Bahrain’s Electronic Network for Financial Transactions (BENEFIT) to develop a blockchain-powered B2B payments solution. Together, the firms are developing a platform to enable faster, more secure cross-border corporate payments that would allow companies to more seamlessly...

Following a year-long pilot, WhatsApp is now officially introducing a payments utility in India. The Facebook-owned messaging app is responding to the increased demand for digital payments in its largest market, Reuters reported on Friday (July 26). “It’s a regulatory approval...

Payments messaging firm SWIFT has released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions. A press release issued Wednesday (July 31) said ISO 20022 has the potential to promote...

Starling Bank will provide SumUp and its card reader merchants access to its API-based banking infrastructure to help businesses receive next-day payments A partnership between Starling Bank and mobile card reader specialist SumUp will enable faster transaction settlements for small...

Fingerprint Cards and Giesecke + Devrient Mobile Security, a global mobile security technology company, are collaborating to bring contactless biometric payment cards to the market. The card is featuring Fingerprints’ T-Shape module which is part of the 1300-series. It has...

Digital payments major Visa has acquired Germany-based payment gateway software provider Payworks for an undisclosed sum. Based in Munich, Payworks is a provider of next-generation payment gateway software for the point of sale (POS). The acquisition will allow Visa to offer...

Integrated payments company American Express has introduced its new Blue Business Cash Card for small businesses. The new Blue Business Cash Card comes with no annual fee, provides 2% cash back on eligible purchases and supports business owners to manage...