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Klarna Unveils New Debit Card Powered by Marqeta

Finovate

Klarna and Marqeta are launching a new debit card powered by Visa Flexible Credential (VFC), allowing users to pay now or later with the same card. The Klarna Card marks a shift from BNPL-only into mainstream payments, which supports consumers’ demand for flexible, app-connected spending tools.

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Marqeta to Power New Klarna Debit Card in the U.S.

Fintech Finance

With VFC, Marqeta will enable Klarna customers to pay immediately or pay later when needed, all on the same card. This milestone builds on years of collaboration between Marqeta and Klarna, including powering Klarna’s virtual cards in the U.S. since 2018. The card is currently in a trial phase in the U.S.,

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2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

Growth Trends : Despite the rise of alternative payment methods, credit card transactions continue to grow in sectors like travel, accounting for 60% of all travel bookings globally. Debit Cards Overview : Debit cards draw directly from a user’s bank account, making them a popular alternative to credit for consumers who prefer to avoid debt.

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Latin America Digital Payments Market Report 2025

Fintech Finance

Brazil’s Pix is transforming transactions, debit cards lead in Mexico, and Argentina is seeing a rise in digital wallets. Chile and Colombia remain credit card-dominated, but alternative payments are expanding. Digital Payment Adoption, Consumer Behavior, & Emerging Trends in Latin America 4.1.

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Bouncing Back: Monzo on the Straight and Narrow After FCA Fine for Security Failings Between 2018-22

The Fintech Times

British neobank, Monzo has become the latest big name in the financial world to come under fire from the Financial Conduct Authority (FCA) for failing to implement adequate controls to stop financial crime between 2018 and 2022. A new and improved Monzo In 2018, Monzo’s customer base was only 600,000.

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Sara Davies, Deborah Meaden and Vicky McClure Launch Campaign for Safer Spending Solution

Fintech Finance

Sibstar, the UK’s leading debit card and app for people living with dementia, is today calling for banks and governments to work closer together to ensure safer spending for financially vulnerable people. Sibstar is the UK’s first debit card and app that helps families living with dementia to safely manage their everyday spending.

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Payment Processing USA: 2024 Market Overview

Clearly Payments

market’s total transaction volume in 2023 was over $10 trillion, encompassing credit and debit card transactions as well as Automated Clearing House (ACH) payments. Credit Card Transaction Volume : Credit card payments specifically accounted for around $5.6 Credit cards accounted for around $5.6 trillion 2019 $4.0