Bengaluru police registered a criminal case against US-based The Timothy Initiative and six individuals for allegedly funding over Rs 95 crore towards Naxalism and conversions, bypassing Indian financial regulations using foreign debit cards.
Barclays is set to acquire the UK business of GoHenry, a fintech company offering children's debit cards and money management apps, from Acorns. The deal aims to boost Barclays' presence in the youth banking market, particularly targeting affluent families, and is expected to complete next year.
Italian digital payments grew 13.5% in 2025, reaching 12.3 billion operations. Debit cards lead, accounting for 60.4% of card payment value. Contactless and instant transfers also saw significant increases.
Rio de Janeiro's City Hall announced that municipal buses will begin accepting Pix, credit, and debit cards for fares starting May 25th. This initiative precedes the May 30th deadline for phasing out cash payments on buses.
Tourists in Rio de Janeiro are being warned of a scam where beach vendors overcharge them for snacks by adding extra zeros to card reader totals. One victim was charged £590 for a £4 snack, with banks initially advising a refund which was later denied.
ICICI Bank will implement revised debit card charges from June 21, 2026. The Dynamic Currency Conversion (DCC) fee will increase from 1% to 3.50%. Annual fees for several card variants will also be adjusted, with some increasing and one notable reduction.
Crypto platform KuCoin is expanding in Australia, launching a new office and a crypto-backed debit card, KuCard, to facilitate everyday purchases. The move follows AUSTRAC registration and aims to integrate digital assets into daily commerce.
Dip in credit card spending in April, particularly on travel, suggests Britons preparing for harder times amid Iran war falloutHouseholds cut back on their spending in April at the fastest pace in 16 months, as the conflict in the Middle East provoked fears of another cost of living crisis, a report from one of the UK’s biggest banks has suggested.Barclays, which processes nearly 40% of the UK’s credit and debit card transactions, said its data showed there had been a 0.1% fall in card spending last month compared with a year earlier. This was the first year-on-year fall since November 2024. Continue reading...
Dip in credit card spending in April, particularly on travel, suggests Britons preparing for harder times amid Iran war falloutHouseholds cut back on their spending in April at the fastest pace in 18 months, as the conflict in the Middle East provoked fears of another cost of living crisis, a report from one of the UK’s biggest banks has suggested.Barclays, which processes nearly 40% of the UK’s credit and debit card transactions, said its data showed there had been a 0.1% fall in card spending last month compared with a year earlier. This was the first year-on-year fall since November 2024. Continue reading...
MoonPay announced the MoonAgents Card, a virtual Mastercard debit card allowing AI agents to spend stablecoins directly from crypto wallets at any online merchant. The card converts crypto to fiat at point of purchase without requiring pre-loaded custodial funds, and users can revoke agent spending access anytime. Currently available in the UK and Latin America, with US and EU expansion planned for coming months.
MoonPay unveiled a virtual debit card enabling users and AI agents to spend stablecoins directly from self-custodied onchain wallets at Mastercard merchants. Developed with Monavate and Exodus Movement, the card converts crypto to fiat at checkout without requiring users to preload funds or transfer assets offchain. Available in the UK and Latin America, the card supports programmatic spending with AI agent delegation and identity verification.
Experts reveal the most common ways fraudsters steal card details and how to keep your accounts safer.
Experts reveal the most common ways fraudsters steal card details and how to keep your accounts safer.
TikTok and Visa have launched a virtual debit card in the UK designed for TikTok Live creators to access their earnings more quickly. The card links to users' creator accounts and addresses cashflow issues, with 49% of creators experiencing late payments and 41% turning down work due to financial delays. The creator economy is estimated to be worth $500bn by 2027.
