JCB International (JCBI), a unit of Japanese card issuer JCB, has teamed up with Network International to enable JCB Contactless acceptance in the UAE. Using …
Credit cards must offer more benefits to defend against POS finance April 25, 2019 
Bitmo secures $3m seed round financing
Bitmo, a US-based mobile gifting platform that enables purchase or exchange of digital gift cards for full value, has bagged over $3m seed round investment. …
Switch unveils issuer-branded app to update cards instantly
Fintech firm Switch has launched a new issuer-branded app to facilitate real-time updating of card on any merchant site. Dubbed CardUpdatr, the solution will launch …
FIS to snap up Worldpay for $43bn
US-based fintech firm FIS has agreed to buy British payment processor Worldpay in a cash-stock transaction valued at around $43bn. The combined group will provide …
Air Canada, American Express partner on loyalty programme
Air Canada inks a 10-year agreement with American Express (Amex) for a new loyalty programme. Under the partnership, the two parties will launch co-branded payment …
Barclaycard UK merchants add support for Discover cards
Barclaycard has said that its merchant partners in the UK will now accept Discover, Diners Club International and affiliate network cards. The card will facilitate …
Austreme unveils monitoring tool for compliance with card schemes
RegTech firm Austreme has launched a new monitoring tool, which will enable acquirers develop a merchant profile that will adhere to the rules of card …
Citi PayAll enables additional payment services on mobile with credit cards
Citigroup has unveiled a new service that will enable its customers to make one-off or recurring mobile payments using credit cards. Dubbed PayAll, users can …
India Pine Labs reportedly close to acquiring Qwikcilver Solutions for over $100m
India-based Pine Labs is reportedly close to buying digital gift card firm Qwikcilver Solutions for more than $100m. According to the The Economic Times …
Warburg Pincus completes Leumi Card takeover
Private equity firm Warburg Pincus has wrapped up the acquisition of Leumi Card, majority owned by Israeli lender Bank Leumi. The acquired entity will now …