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Tech

The time is now for banks to issue contactless cards

August 6 2018

• in
• Contactless
• Credit cards
• Debit cards

“While contactless cards have had their fits and starts over the past few years in the U.S., a recent study from A.T. Kearney urges banks en masse to begin issuing plastic with the technology now that the merchants have the necessary payment terminals and consumers are more aware of the “tap” thanks to NFC-enabled mobile […]

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Tech

Expensify Launches Corporate Card: Business Travel News

October 9 2019

• in
• Debit cards

“Expensify is launching a corporate card that links directly to the company’s expense system, obviating the need for corporate clients’ employees to submit receipts for reimbursement. The company’s new Visa-branded Expensify Card, issued by Sutton Bank, represents a return to form for the expense company, which launched in 2008 as a debit card to help […]

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Tech

Starling Bank Launches Two-in-one Euro Debit Card – AltFi News

October 30 2019

• in
• Debit cards

“This morning Starling unveiled a new feature to quickly let account holders convert their existing Starling debit card into a euro debit card with only a few taps. The feature works by letting the card detect the currency being used, and automatically switching between either Pounds or Euros. “A single card that can buy things […]

On The Wires

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Tech

CONTACTLESS PAYMENTS TO REPRESENT 1 IN 3 IN-STORE TRANSACTIONS GLOBALLY BY 2020

August 6 2018

• in
• Card technology
• Chip cards
• Contactless
• Credit cards
• Debit cards

“New data from leading fintech analysts, Juniper Research, estimates that driven by payment cards and mobile wallets, in-store contactless payments will reach $2 trillion by 2020, representing 15% of the total point of sale transactions. Contactless payments will exceed the $1 trillion mark for the first time in 2018, a year earlier than previously anticipated by […]