Mercury Financial wraps up $950m securitization issuance
American credit card company Mercury Financial has concluded the sale of $950m in credit card asset-backed securities (ABS) in its inaugural issuance. The company intends to…
Murthy Vittala
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Coronavirus: WHO urges consumers to switch to contactless payments
The World Health Organization (WHO) has advised consumers to switch to contactless payments as banknotes may be aiding the…
Clinc joins forces with Visa to bring AI technology to financial institutions
Clinc, a US-based conversational AI training platform provider, has joined forces with Visa to offer its AI technology to…
Australis Capital inks LOI to buy payment services provider Paytron
Australis Capital (AUSA) has signed a non-binding letter of intent (LOI) to buy 100% of Paytron, an omnichannel payment…
Visa and Airwallex to launch borderless card for businesses
Visa has teamed up with Australian fintech start-up Airwallex to roll out borderless card-based payment solution for businesses. Dubbed…
BigCommerce partners with Barclaycard
BigCommerce, a US-based provider of customisable SaaS platform for online retailers, has named Barclaycard as one of its preferred…
Mastercard quit Facebook’s Libra cryptocurrency project over regulatory concerns
Payments giant Mastercard quit Facebook-led Libra stablecoin project over regulatory and viability concerns, the company’s CEO and president Ajay…
Starboard Value buys stake in debit card company Green Dot
American hedge fund Starboard Value has acquired a 9.3% stake in Green Dot, a financial firm known for issuing…
RAKBANK joins forces with Mastercard to introduce corporate card solutions
UAE-based RAKBANK has teamed up with Mastercard to launch a suite of card solutions for corporates. The newly launch…