Tagged: debit cards

April 14, 2022 @ 2:43 pm By Omar Faridi  |  

  Quontic Bank announced that it has introduced the “first-ever” tap-to-pay mobile payment ring to the US market. Quontic is an “innovative,” “digital-first,” and “customer centric” bank on a mission “to redefine how a bank and its customers conduct business.” Steve Schnall, CEO and Founder… Read More

March 15, 2022 @ 12:56 am By Omar Faridi  |  

Parpera, a money management platform for sole traders, freelancers, and startup founders, has launched Australia’s “first” embedded finance business experience “using a debit card linked directly to deposit accounts,” in partnership with Railspay (the Australian arm of Railsbank) and Volt. The Parpera Business Debit Mastercard… Read More

February 28, 2022 @ 1:42 am By Omar Faridi  |  

EVERUP,  a prize-linked app boosting savings & spending rewards via games, has secured 107% (£429,668) of its £400,000 target from 310 investors (at the time of writing) via its crowdfunding campaign carried out through Crowdcube (with 18 days left in the sale). EVERUP is described… Read More

December 26, 2021 @ 5:47 pm By Omar Faridi  |  

In order to ensure the safety and security of the payment system, the Reserve Bank of India (RBI) has expanded the tokenization facility from an earlier version/framework to Card on File Tokenization (COFT). Virtual payments Fintech Paytm has now introduced a tokenization solution for online… Read More

December 14, 2021 @ 12:17 pm By Omar Faridi  |  

Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), via its subsidiary Simplex, is introducing branded Visa debit cards for its partners across the European Economic Area and United Kingdom, “following a partnership with Visa.” Having provided crypto-friendly debit cards to blockchain finance ecosystem COTI in recent months,… Read More

December 1, 2021 @ 5:22 pm By Tony Zerucha  |  

Americans are the most common target of payment card fraud, based on details for sale on the dark web, new research published this week by NordVPN shows. The company analyzed 4.5 million payment card details belonging to citizens of 140 countries that were found by… Read More

November 18, 2021 @ 9:17 pm By Omar Faridi  |  

Bank of Queensland (BOQ) is bringing an improved set of capabilities to debit card holders as part of the banking institution’s extensive digital offering. With the migration of its debit cards to the FirstVision platform from Fiserv, Inc. (NASDAQ: FISV), a provider of payments and… Read More

November 2, 2021 @ 11:24 am By Omar Faridi  |  

ekko has introduced its eco-friendly debit card, app and ecosystem, which aims to empower clients with making a positive difference in an effort to combat the damaging effects of climate change. When using ekko for everyday or typical activities such as shopping, banking, or settling… Read More

October 24, 2021 @ 7:47 pm By Omar Faridi  |  

Transact Payments Limited, a provider of European BIN sponsorship and modular payment, debit, credit and prepaid services, reveals that it has experienced 380% growth in settlement volumes (EUR €) “from 2017/18 to 2020/21 across its expanding client base.” As mentioned in an update shared with… Read More

October 18, 2021 @ 8:05 am By Omar Faridi  |  

Over the years, technology has transformed the way we experience the world in ways that “few could have imagined,” the team at UK-based Fintech Modulr writes in a blog post. They’ve noted that technological advancements have consistently offered us faster and more convenient ways of… Read More

October 1, 2021 @ 8:10 am By Omar Faridi  |  

COTI is pleased to confirm that its Visa debit cards and bank account are accessible to the public. With assistance from Simplex, both of these financial tools should help with addressing “economic inequality.” As noted in an update shared with Crowdfund Insider, COTI aims to… Read More

September 26, 2021 @ 7:34 pm By Omar Faridi  |  

Entrust, a US digital security and credential issuance service provider, reveals that it has entered a deal to acquire Paris-headquartered Antelop Solutions, a Fintech firm that supports financial institutions by allowing them to provide secure digital credit and debit cards to clients. As noted by… Read More

September 4, 2021 @ 3:49 pm By Omar Faridi  |  

Point Card, the “high-reward” debit card, reveals that it has finalized a Series B round that was led by Peter Thiel‘s Valar Ventures. Other investors in Point Card’s latest investment round include Breyer Capital, YC Continuity, and Human Capital. Point completed a $10.5 million Series… Read More

August 29, 2021 @ 9:30 pm By Omar Faridi  |  

The team at SadaPay, a Pakistani online payments Fintech, notes that one of the things they felt was “lacking” in the nation’s financial landscape was a “fantastic” virtual debit card. As mentioned in a blog post by SadaPay, there are some virtual cards currently available,… Read More

August 5, 2021 @ 3:36 pm By Tony Zerucha  |  

More than one billion payment cards are at risk of not being issued over the next 18 months due to a chip shortage, ABI Research reports. That total includes 347 million in 2021 and up to 740 million in 2022 “Although not necessarily getting the… Read More

July 15, 2021 @ 7:50 pm By Omar Faridi  |  

The Reserve Bank of India (RBI) revealed on Wednesday (July 14, 2021) that it has decided to indefinitely ban Mastercard Inc (NYSE: MA) from providing any new debit or credit cards to local clients for allegedly violating data storage guidelines. This move appears to be… Read More

July 8, 2021 @ 1:50 am By Omar Faridi  |  

ikigai, the very first UK app to combine everyday banking and wealth management services, has decided to offer Apple Pay, a safe, secure and private way to make payments. Apple Pay helps clients maintain privacy and control by not requiring them to hand over their… Read More

May 21, 2021 @ 9:15 pm By Samantha Hurst  |  

CEX.IO, a global cryptocurrency exchange based in the UK, announced earlier this week it has selected FIS (NYSE:FIS) to provide card management and processing services for a new line of crypto-based consumer debit cards across Europe. Established in 2013, CEX.IO states it providers reliable services backed… Read More

May 15, 2021 @ 7:05 am By Omar Faridi  |  

UK-based Fintech firm VitraCash recently finalized its pre-seed funding round with £330,000 in capital coming from nearly 1,000 different investors. The company is now planning to introduce its “first-of-its-kind” smart debit card during Q3 2021. As mentioned in an update shared with CI: “With their… Read More

May 12, 2021 @ 10:17 pm By Omar Faridi  |  

livi bank, which is notably one of Hong Kong’s eight digital banks, is now offering a Buy Now, Pay Later (BNPL) service with the introduction of livi PayLater that provides an instant installment option along with a virtual Mastercard debit card. The livi PayLater BNPL… Read More