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Payments firm Marqeta to add 175 jobs to boost global presence

Bank Innovation

Fresh off a $260 million Series E funding round, card issuing and processing startup Marqeta is building its team as it expands to new geographies. The Oakland-based company plans to add 175 jobs this year, bringing its total to 400 employees by 2020, CEO Jason Gardner said on Wednesday.

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Goldman Sachs To Acquire Credit Card Company Final

Bank Innovation

Oakland-based Final is a credit card service, which announced that it would close its card portfolio back in December. Goldman Sachs has agreed to purchase fintech startup firm Final, as a part of its efforts to expand in retail-banking products. Terms of the transaction were not disclosed.

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Payment Processor Platform Marqeta to Launch in Canada Next Month

Bank Innovation

EXCLUSIVE -Payment card issuing platform Marqeta will be launched in Canada next month and Europe in 2018, Marqeta’s CEO, Jason Gardner told Bank Innovation. Based in Oakland, Calif., Marqeta uses open API technology to process payment cards, virtual cards and mobile authorization products.

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Marqeta Sees Opportunity in Europe Thanks to $45 Million in Funding

Bank Innovation

Card-issuing platform Marqeta sees a lot of potential in working with challenger banks across Europe, and to fuel this opportunity, the Oakland, Calif.-based based company took in $45 million in funding, Jason Gardner, founder and CEO, told Bank Innovation. The new round, announced today, […].

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Marqeta Introduces Tokenization-as-a-Service For Card Issuers

PYMNTS

Marqeta , the global card issuing platform, debuted its new Tokenization-as-a-Service (TaaS) product, which allows card issuers to access its tokenization technology, the Oakland, California-based company announced on Tuesday (Sept. It is used to instantly provision cards into a mobile wallet.

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How A Bank And A FinTechs Are Jointly Cracking The Code On Financial Inclusion

PYMNTS

The teams at FinTech startup LendUp and Oakland-based Beneficial State Bank think very differently about that relationship. I love good banks, and I love good bankers, but we are not the likely source of innovation in financial services,” Taylor noted. “It It has a higher interest rate – 19.99 percent to 29.99

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Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules

FICO

This is not only the case for application fraud — where automation is used to create and submit hundreds if not thousands of applications — but also for card fraud. They were able to identify attempts to uncover CVVs on the cards they had issued and could therefore have those cards blocked and reissued. Read the full post.

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