Germany extends its payment card program from refugees to unemployed citizens without bank accounts. Fourteen states use SocialCard while two chose alternatives, streamlining welfare distribution and reducing administrative burden.
Vertical fintech Bueno launches Visa cards for foreign property owners in Spain through partnership with Sefide EMI, the Loomis-owned infrastructure provider.
HotelRunner launches Ruby, travel-native embedded finance infrastructure for B2B payments. The platform handles cross-border settlements and targets $4B in transactions.
Juuli launches freelancer credit card with Visa and Stripe for EEA gig workers. Why this accounts payable move comes surprisingly early for the invoicing startup.
Visa bids $100M to replace Mastercard on Apple Card as Goldman Sachs exits. Why card networks compete fiercely for embedded finance partnerships despite losses.
Visa targets creator economy with Visa Direct payouts partnering with platforms worldwide. Why creators are ideal for embedded finance despite challenges.
Visa buys Brazilian core banking and processing provider Pismo for $1B, enhancing offerings in debit, credit, prepaid cards, and emerging payment rails like PIX.
