Tag: Cards
American Express to acquire UBS’s 50% stake in Swisscard, becoming sole owner
Acquisition Details: American Express (Amex) will buy UBS’s 50% stake in Swisscard AECS, making Amex the sole owner....
CFPB orders Apple and Goldman Sachs to pay combined $89m over “Apple Card failures”
Penalties Imposed: The Consumer Financial Protection Bureau (CFPB) has ordered Apple and Goldman Sachs to pay nearly $90...
Arab Financial Services lands $50m investment
Funding: AFS secured a $50 million capital injection, aiming to support expansion and scaling efforts.
Headquarters and Presence:...
ICYMI fintech funding round-up: Abhi, Emerge, Diesta, and Axyon AI
Abhi Secures $15 MillionLocation: UAE
Funding: $15 million in credit financing
Led by: Shorooq Partners and Amplify Growth...
Capital One commercialises AirKey authentication technology for financial institutions
AirKey, a NFC-enabled authentication technology developed by Capital One, will now be commercially offered to other financial institutions.
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Barclays signs agreement to become exclusive issuer of GM credit card programme
Barclays US Consumer Bank has signed a long-term deal with General Motors (GM) to become the exclusive issuer...
HSBC launches embedded finance venture SemFi with Tradeshift
HSBC has launched SemFi, a new B2B embedded finance technology company, through its joint venture with Tradeshift, a...
Former Capital One VP Fouzi Husaini joins Marqeta as chief AI officer
New Role: Marqeta has named Fouzi Husaini as its new Chief Artificial Intelligence Officer.
Responsibilities: Husaini will scale...
UK credit card start-up Yonder secures £23.4m in fresh funding
Funding Raised: £23.4 million.
Lead Investors: RTP Global and Repeat (formerly Jigsaw VC), with additional support from LocalGlobal,...
Enfuce to launch dual-function E2 card in UK, France and Germany with Mastercard
Enfuce, a Finnish issuer processor, has partnered with Mastercard to expand its E2 card offering to Germany, France,...
Saldo Bank taps Enfuce to launch its first payment card programme
Partnership: Saldo Bank, based in Vilnius, Lithuania, has partnered with Enfuce, a Finnish issuer processor, to launch its...
BankDhofar partners Entrust to deploy Tap to Pay services in Oman
Partnership Details: BankDhofar, a full-service bank based in Oman, has partnered with Entrust to implement its Digital Card...