card payments

Nuvei Expands LatAm Presence With Direct Local Acquiring in Colombia
Nuvei Expands LatAm Presence With Direct Local Acquiring in Colombia
February 20, 2024  |  Acquiring

Canadian FinTech firm Nuvei is expanding its Latin American presence with the launch of direct local acquiring capabilities in Colombia. This makes Nuvei the first global payments...

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Demand for Security Solutions Boosts Mastercard’s Value-Added Services Revenues 17%
Demand for Security Solutions Boosts Mastercard’s Value-Added Services Revenues 17%
January 31, 2024  |  Earnings

For Mastercard, new payment flows and digital innovations outpaced spending growth on cards — though consumers remain resilient. And as management noted in a press...

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Fed Proposes Slashing Debit Interchange Fees by 30%, to Review Caps Every Two Years 
Fed Proposes Slashing Debit Interchange Fees by 30%, to Review Caps Every Two Years 
October 25, 2023  |  Bank Regulation

The most significant overhaul of debit card interchange fees in more than a decade looms, where those fees may be cut by roughly 30%. In...

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Legacy Payments Infrastructure Holds Small Merchants Back in Emerging Markets
Legacy Payments Infrastructure Holds Small Merchants Back in Emerging Markets
February 16, 2023  |  Digital Payments

The imbalance between payments issuance and acceptance is a major pain point in emerging markets. According to Islam Shawky, co-founder and CEO at Cairo-based digital...

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Card Payments Account for 90% of UK Retail Transactions
Card Payments Account for 90% of UK Retail Transactions
December 12, 2022  |  Payment Methods

Card payments now account for nearly 90% of all retail transactions in the U.K. The findings from the British Retail Consortium’s (BRC) 2022 Payments Survey...

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Astra Nets $10M and Line of Credit for Card to Card Payments Expansion
Astra Nets $10M and Line of Credit for Card to Card Payments Expansion
October 13, 2022  |  B2B Payments

Astra, which works with finance transfer technology, has announced a Series A funding round that netted it $10 million, a press release said. The company...

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Card Issuing Platform Marqeta Launches Risk Management Suite
Card Issuing Platform Marqeta Launches Risk Management Suite
April 21, 2022  |  Security & Fraud

Global card issuing platform Marqeta is introducing a new product suite the company said will help customers that use its card-issuing platform fight fraud —...

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Report: Strategic Payment Investments Give FIs, FinTechs Innovative Payment Options
Report: Strategic Payment Investments Give FIs, FinTechs Innovative Payment Options
November 12, 2020  |  Payments Innovation

There is no denying that the COVID-19 pandemic has rapidly accelerated the global shift toward digital commerce. Safety-minded consumers the world over can now be...

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Easing SMBs’ Digital Transformations Through Online Payment Acceptance
Easing SMBs’ Digital Transformations Through Online Payment Acceptance
May 27, 2020  |  B2B Payments

Among the numerous ways small businesses have been affected by the global pandemic, the sudden race to launch online operations has been among the most...

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