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Alvin Tan Urges Clearer Product Disclosures Following Chocolate Finance Incident

Fintech News

Singapores Minister of State for Trade and Industry and Culture, Community and Youth Alvin Tan has called for stronger investor safeguards and clearer product disclosures following the recent Chocolate Finance incident. The fintech saw users tapping its rewards programme in ways that proved unsustainable.

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

Fintech Finance

“We’re excited to continue innovating alongside Marqeta as we scale the Klarna Card to provide smart, seamless payments that empower smarter, more informed shoppers everywhere.” ” The post Marqeta to Power New Klarna Debit Card in the U.S. appeared first on FF News | Fintech Finance.

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Emerging Markets-Focused Fintech Platform PalmPay Unveils New Debit Card in Nigeria with Verve

Fintech Finance

PalmPay ( www.PalmPay.com ), a leading digital bank and fintech platform focused on emerging markets, has launched the PalmPay Debit Card in Nigeria in partnership with Verve, Africa’s largest domestic card scheme. “ said Sofia Zab, Chief Marketing Officer at PalmPay.

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Chocolate Finance Resumes Withdrawals, Raises Debit Card Spending Cap to S$1,000

Fintech News

Chocolate Finance announced on 15 March 2025 that customers have started receiving their requested funds following a temporary suspension of instant withdrawals earlier this week, according to the Business Times. Chocolate Finance initially suspended instant withdrawals on Mar 10, citing high demand.

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Coinbase to Integrate Visa Direct to Deliver Real-Time Account Funding for Customers

Fintech Finance

By integrating with the Visa Direct network, Coinbase customers will be able to deposit funds into their Coinbase account in real-time1 using eligible Visa debit cards. By enabling them to move money seamlessly and control their finances, we are delivering the trust, security, and flexibility they expect.”

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Visa Direct to Make Funds Available in U.S. Cardholders’ Bank Accounts in One Minute or Less

Fintech Finance

Consumers, businesses, and governments can use Visa Direct to deposit funds to bank accounts linked to eligible debit cards in real-time1. Visa Direct enables real-time money movement to eligible debit cards. Cardholders Bank Accounts in One Minute or Less appeared first on FF News | Fintech Finance.

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AP+ Works With Google to Offer Least Cost Routing on Google Wallets

Fintech Finance

ANZ and Suncorp Bank are the first two issuers live with eftpos multi-network debit cards in the Google Wallet, with other issuers to follow over the course of 2025. Multi-network debit cards allow payments to be processed either through the eftpos network or one of the international debit networks, such as Mastercard or Visa.