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UK’s Faster Payments Scheme seeks tenders for infrastructure competition

The UK’s Faster Payments Scheme (FPS) is asking for expressions of interest for the renewal and management of its infrastructure – the services that enable the nation’s 24/7 real-time payment service.


Univision Mastercard Prepaid Card Hits Walmart Shelves

Univision Mastercard Prepaid Card is now available in approximately 300 Walmart stores in California, Texas and Florida. The move is part of the brand’s continued expansion into retail spaces in prominently Hispanic regions.


GPS Goes for Luxury Payments with Wearables for Armillion

Pay Award-winning Global Processing Services (GPS) this week announced an agreement with luxury jewelry brand Armillion to incorporate contactless payment technology into its exclusive high-end bracelets.


NACHA Pushes on with API Payments Dream

NACHA, the backbone for the electronic movement of money and data in the U.S., and its Payments Innovation Alliance, have named the first five APIs for their big payments push.


CFPB Finalizes Small-Dollar Lending Rule

After five years and more than a million comments on its proposed rulemaking, the CFPB has finalized its payday lending rules with the ability-to-repay test intact for many loan types.


ADP Buys Global Cash Card

ADP has acquired Global Cash Card, a pioneer in payroll and contract employee payments. The deal gives ADP a proprietary payments processing platform that, it says, provides value-added services for existing clients and will speed time to market for new clients.


RGCA Expands Membership, Preps for Next-Gen Gift Cards

The Retail Gift Card Association kicked off its inaugural RGCA Forum in Kansas City, Mo., this week, tackling myriad subjects from gift card fraud to keeping consumers engaged with the No. 1 preferred holiday gift.


Spafinder Improves Gifting Options ahead of Holidays

Spafinder, a marketing, gifting, incentives and rewards brand owned by Blackhawk Network, has unveiled new gift card technology, expanded distribution and additional partner services to make giving the gift of spa and beauty experiences easier for consumers and businesses.


Barclays US Tests Personal Finance Tool

Barclays US is dipping its toe into the financial health business, testing a personal financial management tool that aggregates all of a customer’s Barclays credit cards, personal loans and savings products—as well as accounts with other banks—in one place.


Starling Bank Expands with Business Accounts

The competition to serve the financial needs of small businesses is heating up in the U.K., where consumer banking challenger Starling Bank is expanding into the business market,