NFC World

Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merchants operating across multiple markets and sales channels. Fiserv and Mastercard expand strategic alliance The collaboration will see Mastercard Merchant Cloud integrated into Fiserv Commerce Hub, creating a single platform through which businesses can access […]

Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant’s largest investments in fraud prevention as financial institutions confront an escalating wave of AI-enabled cybercrime. Visa to acquire BioCatch  The acquisition reflects a broader shift in the payments industry, where fraud prevention is

Lloyds Banking Group and CaixaBank have completed a series of live tokenised deposit transactions as part of Project Agorá, marking another important milestone in the evolution of wholesale cross-border payments. Lloyds and Caixa complete live tokenised deposits  The real-value tests demonstrate how tokenised commercial bank deposits can streamline foreign exchange, payment and settlement into a

The UK’s Open Banking ecosystem has reached two landmark milestones, surpassing one billion account-to-account payments and 100 billion API calls since the initiative was launched more than eight years ago. The achievements underline the UK’s position as one of the world’s most mature and active Open Banking markets, while highlighting the growing role of API-driven

Wise is preparing a second attempt to secure a U.S. national trust bank charter after the Office of the Comptroller of the Currency (OCC) rejected its initial application, citing significant shortcomings in the company’s anti-money laundering and compliance framework. OCC rejects Wise’s US Bank Charter application While the decision represents a setback for the London-headquartered

ZUG, Switzerland — July 28, 2026 — It’s well known that a cross-border payment goes through a chain of correspondent banks before arriving to the receiver. Every link adds the same three things: a fee, a delay, and another AML checkpoint. For a payment company running recurring volume into emerging markets, that structure can add

Samsung has launched its first co-branded credit card in the US, deepening its push into financial services and placing the electronics group in more direct competition with Apple. Samsung launches US Credit Card  The Samsung Galaxy Card is issued by Barclays US Consumer Bank and operates on Visa’s network. Applications are due to open to

Mastercard has launched Wallet Services, a suite of software tools and services intended to help banks, fintechs and digital platforms add contactless payment functionality directly to their mobile applications. Mastercard has launched Wallet Services Mastercard Wallet Services is designed to simplify the development of payment wallets across both Apple’s iOS and Google’s Android operating systems.

Revolut has secured a full Authorised Deposit-taking Institution licence in Australia, giving the fintech its first licensed banking entity in the Asia-Pacific region and significantly expanding the products it can offer locally. Revolut secures Australian banking licence The approval from the Australian Prudential Regulation Authority allows the company to launch Revolut Bank Australia and move

Mastercard has selected the UK as the launch market for Proto, a new sandbox designed to help banks, retailers and technology partners test agentic artificial intelligence before deploying it in live commercial environments. Mastercard selects UK to test agentic AI commerce The platform, which is expected to become available in August 2026, extends Mastercard’s Agent