MasterCard has launched a unique six-month partnership program for startups including Asia Pacific, Middle East, Africa and Latin America, as well as in Canada. Start Path Global builds on Start Path’s efforts over the past 18 months having provided a variety of operational support, partnership, or investment for over 40 startups developing the next generation of commerce solutions, including Nymi, ZenCard, BillHop and Gone.
Monitise reports FY 2015 revenue declined 6% to £89.7m. The loss was £41.8m, was at the lower end of the Company’s guidance range of a £40-50m loss. Elizabeth Buse has stepped down as CEO and from the Board. Deputy CEO and Chief Commercial Officer Lee Cameron has been appointed CEO.
The ING Netherlands app can now make voice-activated payments leveraging voice biometrics technology from Nuance Communications. A smart alternative to PINs and passwords, voice biometrics makes mobile banking easier in the ING Netherlands mobile banking app.
Santander UK has launched the group money management app KiTTi – the first virtual ‘cash kitty’ of its kind. The app allows up to 100 friends to create collective pots of money, monitor and manage transactions, and pay using the KiTTi prepaid contactless MasterCard.
Apple Pay is now live in the UK, and MasterCard has announced it will offer its cardholders immediate access to the new service helping them to use their cards where and how they want with a seamless experience.
Banco Santander and Monitise are teaming to launch a joint venture agreement to launch a fintech venture builder later this year. The 50:50 joint venture will be aimed at investing in, building and scaling fintech businesses with the potential to redefine and support financial services globally.
MasterCard will offer its customers access to Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay, when it launches in the UK.
Visa Europe will offer Visa debit, credit and reloadable prepaid cardholders access to Apple Pay, a new service that looks set to transform mobile payments with an easy, secure and private way to pay when it launches in the UK this July.
Cardtronics, the world’s largest retail ATM owner, posted total revenues of $281.9 million for the first quarter, up 15% from $245.1 million one-year ago. ATM operating revenues of $260.0 million, were up 9% from $238.1 million.
CardWeb.com’s CardData Reports today features the “The Cards and Payments Industry in the UK: Emerging Trends and Opportunities to 2019” report prepared by Timetric.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Santander “123 Credit Card Advert with Jessica Ennis-Hill.”
GE Capital has unloaded its Australia and New Zealand consumer lending business for A$8.2 billion (US$6.3 billion). Värde Partners, KKR and Deutsche Bank are the proud new owners of the GE portolio.