Tagged: marqeta

October 18, 2023 @ 1:55 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today announced a new partnership with Scalapay, Southern Europe’s BNPL provider, “to leverage Marqeta’s platform to issue cards both online and in-store.” Marqeta and Scalapay have… Read More

October 18, 2023 @ 9:00 am By JD Alois  |  

Marqeta (NASDAQ: MQ) and Motive have announced a new partnership. Motive provides a service that aims to support operational efficiencies in fleet management and also seeks to reduce fraud while providing discounts at partner locations. The company reports having issued approximately 35,000 cards since launching… Read More

September 16, 2023 @ 4:59 pm By Tony Zerucha  |  

Lingering recessionary fears are causing consumers to still cut spending, according to the Q3 2023 Consumer Pulse Report released this week by Marqeta, a global card issuing platform. Marqeta’s report surveyed 3,000 consumers in the United States and the United Kingdom in partnership with Propeller… Read More

September 2, 2023 @ 10:23 am By Tony Zerucha  |  

Global card issuing platform Marqeta this week named Heather Gantt-Evans as its chief information security officer. She brings experience in security and risk management at SailPoint, The Home Depot and Ernst & Young to her role. Gantt-Evans will oversee Marqeta’s global corporate and product security… Read More

August 25, 2023 @ 10:08 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced new embedded finance customers Giftbit, Vivian and Whistle, showcasing how Marqeta’s platform enables non-financial services customers to integrate embedded banking and payment solutions into their products. This allows Marqeta customers “to create seamless experiences… Read More

August 15, 2023 @ 9:31 am By JD Alois  |  

Global credit card management firm Marqeta (NASDAQ: MQ) has revealed its “Docs AI,” described as an AI-powered external-facing question and answer tool, which seeks to reduce the amount of time spent on coding and testing tasks by up to 75%. Marqeta Docs AI is a… Read More

July 14, 2023 @ 9:01 am By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform, announced its expansion into Brazil, with a new partnership with Latin American banking-as-a-service platform Fitbank and network certification with Visa. As part of Marqeta’s partnership with Fitbank, the company “will both be a Marqeta customer, using… Read More

June 23, 2023 @ 11:35 am By Omar Faridi  |  

Tuum joins forces with Marqeta in order “to deliver a pre-integrated fintech solution, accelerating modern digital payment programs.” As noted in a blog post, Tuum recently announced their partnership “to offer a pre-integrated fintech solution, accelerating time to market for Tuum’s customers by working with… Read More

June 7, 2023 @ 3:58 pm By Omar Faridi  |  

The age of embedded finance and digital financial services has reached an inflection point, “with new payments and shopping solutions now commonplace in the US alongside legacy systems,” according to a new survey from Marqeta (NASDAQ: MQ), the global modern card issuing platform. The company’s… Read More

April 1, 2023 @ 11:48 am By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform, released its first Consumer Pulse Report. Based on the findings of a February 2023 survey of 4,000 consumers across the US, UK and Australia, “conducted on its behalf by Propeller Research, the report details the effects… Read More

January 30, 2023 @ 9:10 am By JD Alois  |  

Marqeta (NASDAQ: MQ) has announced the acquisition of Power Finance, a credit card management platform. Marqeta said in a public statement that it aims to boost its capabilities and leadership in the business of modern card issuing.  Marqeta said the purchase is expected to close… Read More

January 26, 2023 @ 5:23 pm By JD Alois  |  

  Simon Khalaf has been appointed as Marqeta’s (NASDAQ:MQ) new CEO, effective January 31, 2023. Previously Marqeta’s Chief Product Officer, Khalaf will also be joining Marqeta’s board of directors. Marqeta’s founding CEO Jason Gardner will now become the Executive Chairman of Marqeta. Gardner was previously… Read More

January 21, 2023 @ 2:39 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform, announced its new web push provisioning product. With web push provisioning, Marqeta customers can “reduce friction at the point-of-sale and enable their users to pay directly from their mobile wallets without requiring them to download a… Read More

December 8, 2022 @ 11:34 am By Omar Faridi  |  

Marqeta (NASDAQ: MQ) has reportedly integrated Mastercard Track™ Instant Pay, which is described as a next-generation virtual card solution that “uses machine learning and straight-through processing to enable instant payment of supplier invoices.” Marqeta says it will “become the first processor to integrate with Track… Read More

October 26, 2022 @ 4:16 pm By JD Alois  |  

The lines continue to blur between more traditional Fintechs and digital asset platforms. Today, Marqeta (NASDAQ: MQ) has announced a partnership with Blockchain.com to provide a Visa card that now claims 50K+ sign-ups at launch. The new card, first available to US customers, will be fee-free… Read More

October 24, 2022 @ 7:04 pm By JD Alois  |  

Marqeta (NASDAQ: MQ), best known for its “modern-card” management and issuance platform, is now moving into banking. According to a company release, Marqeta has revealed seven banking products, including: Accounts – Demand Deposit Accounts ACH with Plaid Direct Deposit with an Early Pay option Cash… Read More

September 15, 2022 @ 11:09 am By JD Alois  |  

Marqeta (NASDAQ: MQ) has announced a share repurchase program during a time whent the shares are trading near its 52 week low. Currently, Marqeta is trading at around $8/share. Its 52-week high is over $37 and its 52 week low is around $6/share. Marqeta is… Read More

September 12, 2022 @ 8:34 am By JD Alois  |  

Marqeta (NASDAQ: MQ) has announced that Bread Financial (NYSE: BFH) will be using their services for an in-store checkout experience for shoppers using Bread PayTM, its suite of Buy Now, Pay Later (BNPL) products. Bread Financial is expected to launch the Bread PayTM One-Time Use… Read More

August 10, 2022 @ 6:02 pm By JD Alois  |  

Marqeta (NASDAQ:MQ), a digital platform to offer and manage credit cards, reported Q2 earnings today, delivering top line revenue of $187 million, an increase of 53% versus the same period year prior. Marqeta earned a GAAP net income loss of $45 million. Shares in Marqeta… Read More

July 21, 2022 @ 8:51 am By JD Alois  |  

Marqeta (NASDAQ: MQ)has been selected as the payment processor for Opal Plus, the new transit program for Transport for NSW (TfNSW). The New South Wales (NSW) transit program is being offered in partnership with Mastercard Prepaid Managed Services (MPMS). The NSW government is introducing Opal Plus,… Read More