VisaRSS

TSB drops Visa to issue Mastercard debit and credit cards in 2018

TSB 1

Visa is no longer a pleaser as TSB will issue Mastercard debit cards to all its current account customers in 2018 as part of a seven-year agreement. The bank says it will continue to issue Mastercard credit cards over the same term. The agreement means the two organisations “will partner to offer additional payment solutions”. […]

Visa bolsters transaction security

Visa

Visa is beefing up its Verified by Visa authentication service. The payments network said it’s upgrading its back-end to support 3-D Secure 2.0.

Bitpay’s Visa branded prepaid card for Bitcoin goes global

Get you Bitcoins

Bitpay has released its Visa-based prepaid debit card in 131 countries. The card “makes it possible for users to convert Bitcoin into a spendable dollar, euro or pound balance” on the card in a matter of minutes, the company says.

Payments round-up: 18 May 2017

Banking Tech 2

Words cut. Time saved. A round-up of key events in the payments enclave. Featuring Australian Settlements Limited, IBM, Mastercard, UnionPay International, Visa and Wirecard. Financial services provider Australian Settlements Limited (ASL) has adopted IBM Cloud for its new payments platform (NPP) implementation. ASL provides members, including building societies, credit unions and mutual banks, with settlement […]

Start-up Current enters teen market touting budgeting tools, parental controls and charitable giving

Current

Current, a start-up created by a small team of New York-based fintech entrepreneurs, has launched a prepaid card program and mobile app for kids and parents that goes beyond dispensing allowances.

US credit cards gain ground on debit, prepaid – Nilson report

Credit cards

The US purchase volume of credit, debit and prepaid cards increased 7% in 2016 compared to the previous year, according to The Nilson Report. That purchase volume hit $5.648 trillion, with the volume from American Express, Discover, Mastercard and Visa credit cards increasing 8% year-on-year to reach a combined $3.059 trillion – the first time that figure has topped $3 trillion.

Middle East and Africa the world’s fastest growing payment cards region

RBR-MEA

The Middle East and Africa (MEA) is the payment cards region increasing the quickest across the globe, according to research by Retail Banking Research (RBR). According to RBR’s Global Payment Cards Data and Forecasts to 2021, the number of cards in issue in MEA increased by 13% to 611 million in 2015, making it the […]

US EMV hits milestone: one billion Visa chip transactions in March 2017

visa-emv-chip-infographic

US EMV use has hit a milestone. For the first time, the number of Visa chip card transactions topped one billion last month, a 330% increase from March 2016.

Visa unveils European payments innovation initiative

visa

Visa has expanded its Everywhere Initiative innovation programme into Europe as it looks for the “next big thing” in payments. Entrants in Visa’s first-ever European Everywhere Initiative can win up to €50,000 to support a development programme with Visa, or through business partnership with Visa’s clients, and potentially have access to Visa APIs, mentors and […]

Visa brings more action to Amazon transactions

visa

Visa says it has become the first card network to give its UK commercial account holders a comprehensive view of their Amazon Business purchases. The new transaction data, available to Barclaycard, Citi, HSBC, and Lloyds Bank account holders, provides line-item details on all purchases for Amazon Business customers and integrates with reconciliation tools. Kevin Jenkins, […]

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