Cards & Payments

UBS Card Center, which processes roughly 25 percent of all credit cards in Switzerland, has won the Security Innovation of the Year award at the Retail Banker International Awards, presented in London. UBS Card Center's fraud team used the...

Digital money transfer service WorldRemit has launched international transfers to UnionPay debit cards in China. The Chinese diaspora living in over 50 countries, including the USA, UK, Canada, Australia and Singapore, can now send money to any China UnionPay debit...

International payment systems provider Vocalink has partnered with Saudi Payments to launch real-time payments in Saudi Arabia, reports Jane Connolly Saudi Payments, a fully owned subsidiary of the Saudi Arabian Monetary Authority (SAMA), has teamed up with Mastercard company Vocalink...

Digital payments giant Visa has unveiled a new platform dubbed Visa Next to help transform the way consumers access, manage and control their money. Visa Next features a set of beta APIs, development tools and specifications for issuers and issuer...

IBM announced IBM Blockchain World Wire, a real-time global payments network for regulated financial institutions, is officially accessible in a growing number of markets. Designed to optimize and accelerate foreign exchange, cross border payments and remittances, World Wire is the...

Remitly, a US-based digital remittance company, has entered into a partnership with Visa, with an aim to improve cross-border money transfer service. The partnership will work on further modernization of the sending and receiving of funds globally with the addition...

US-based payments company Square has launched a free Mastercard-powered business debit card called Square Card with an objective to give sellers real-time access to funds. Square claims that the new business debit card will help businesses in managing their cash...