Payments News

On The Web

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Flux, the Digital Receipts and Rewards Platform, Adds Support for Online Takeout Marketplace Just Eat

“Flux , the London fintech that offers a platform for banks and merchants to power digital receipts and rewards, has unveiled its first partnership with an online-only merchant. The London-based company has managed to sign up Just Eat, the online marketplace for takeout food and delivery. As of today, Just Eat’s U.K. customers will be […]
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Bank of America Adds Instant Card Issuing to Mobile App

“Bank of America’s 27 million mobile banking users are now able to request a new or replacement debit card via the app — and instantly receive a digital version of their new card that they can use to start making purchases straight away. “This digital debit card has the same protections and benefits of a […]
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Singapore to Issue Digital Bank Licenses | ZDNet

“Singapore has announced plans to issue up to five digital bank licenses as part of efforts to add market diversity and boost the banking system in the country, as it looks to become a digital economy. The move also is part of a market liberalisation journey spanning two decades and an extension of an existing […]
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N26 Launches Its Challenger Bank in the US

“European fintech startup N26 is now accepting customers in the U.S. The company is launching a bank account with a debit card that should provide a better experience compared to traditional retail banks. If you’re familiar with N26, the product that is going live today won’t surprise you much. Customers in the U.S. can download […]
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A Brief History—and Future—of Credit Scores

“About half the world’s economies have private-credit bureaus, of varying degrees of sophistication. Their rise not only greased the wheels of economic development but also presaged the arrival of the data-driven, algorithm-mediated economy of the 21st century. Now entrepreneurial companies are taking that blend of finance and technology to the developing world, drawing on new […]

On The Wires

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DIMOCO PSP Becomes Independent and Licensed Mastercard Merchant Acquirer

“DIMOCO Payment Services today announces the completion of the process to become a member of Mastercard. As an independent and licensed merchant acquirer, DIMOCO integrates credit card acceptance and payment processing with a single contract, connection and settlement. According to the time table of the company, the membership approval process with other leading international schemes […]
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Adyen Announces Support for Interac® Debit Via Apple Pay and Google Pay

“Adyen (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, announced the addition of Interac Debit on Mobile for In-app and In-browser as a payment method for Canadian merchants. In addition, Adyen will be expanding its partnership with foodora Canada, an on-demand food-delivery service. This allows the company to accept Interac Debit payments through […]