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Verrency appoints Jan McGrath to advisory board

Australian payment innovation company Verrency today announced the appointment of Jan McGrath to its global advisory board.

/ai

Banks prevented $25 billion in fraud using Visa AI

Visa Inc. (NYSE: V) today announced new analysis showing Visa Advanced Authorization (VAA) using artificial intelligence (AI) helped financial institutions prevent an estimated $25 billion in annual fraud—making the global payment ecosystem safer for retailers and consumers.

/payments

Capital One to acquire BlueTarp Financial

Capital One announced today the entry into a definitive agreement to acquire BlueTarp Financial, a leading business-to-business trade credit financing company headquartered in Portland, Maine.

/Cards

Razer to add Visa pre-pay to wallet app

Razer, the leading global lifestyle brand for gamers, and Visa, the world’s leader in digital payments, have announced a first of its kind partnership that will transform payments in the gaming industry by bringing the scale and reach of Visa’s global network to Razer Pay e-wallet users.

/Cards

NBK issues full metal contactless card

In line with its commitment to provide extraordinary services and best banking experience to customers, National Bank of Kuwait and Visa, the world’s leader in digital payments, have announced the first full metal NFC-enabled credit card in Kuwait and the world that will be exclusively offered to NBK’s Private Banking Customers.

/security

Credit Agricole trials biometric payment cards

Mastercard is working with Crédit Agricole Payment Services on a biometric card pilot for 200 customers in Touraine and Poitou, who will trial the card which features an integrated fingerprint sensor.

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Innsworth signs agreement to fund £14bn Mastercard consumer claim

Innsworth Litigation Funding confirms that it has agreed to fully fund the £14bn Mastercard consumer claim.

/Cards

Card reaches $3 billion in deposits; expecting more than 1.5 million new accounts in 2019

CARD Corporation, a leader in U.S. challenger banking, is pleased to announce that it has signed up over 600,000 new accounts to-date and is on track to surpass 1.5 million new accounts in 2019.

/Cards

Nordea makes Fidesmo Pay available to Swedish Mastercard holders

Fidesmo’s payment offering Fidesmo Pay is now rolling out to more Swedish users as the company announces a new bank collaboration with Nordea for the Swedish market.

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Visa reveals security roadmap for Singapore business

Visa, the world’s leader in digital payments, announced its Future of Security Roadmap for Singapore, outlining a robust approach for strengthening payments security in the country over the next three years.

/payments

Nets names Robert Hoffmann head, merchant services

As of September 2019, Robert Hoffmann, CEO of Concardis, will in addition assume the position of Head of Merchant Services at the Nets Group, with which Concardis merged earlier this year.

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Belfast fintech startup loyalBe scores growth funding

One of Northern Ireland’s most promising fintech start-ups, loyalBe, has secured a six figure investment which it plans to use to develop its innovative rewards app.

India to review payments data storage rule

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India to review payments data storage rule

The Indian central bank has been persuaded to reconsider a controversial law that mandates payments data should not be allowed to leave India's borders.

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OKCoin and Simplex team up for dollar deposits

OKCoin (www.okcoin.com), a leading fiat-focused digital asset exchange, announced today that it has partnered with Simplex, a FinTech company providing payment processing solutions, to enable international users to make USD deposits via debit or credit card.

/Cards

Explicit Selection gets Mastercard accreditation

Explicit Selection is happy to announce that the company has received the formal Mastercard accreditation for its consultancy services.

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KaDeWe extends contract with Wirecard for cashless payments

Wirecard, the global innovation leader for digital financial technology, is expanding its cooperation with KaDeWe Group, operator of Germany’s most famous department stores for luxury products.

/Cards

Allpay.cards joins fintech consortium b.yond

Leading UK card manufacturer and bureau, allpay.cards has announced it has been selected to join the consortium b.yond as the only cards provider.

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Zero and i2c join forces

I2c, a leading global provider of digital banking and payments processing technology and infrastructure, is proud to partner with Zero, a financial technology company that enables consumers to experience the things they like about debit cards while instead using a credit card, to reimagine the traditional banking experience.

/regulation

UK authorities clear PayPal-iZettle deal

PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it welcomes the United Kingdom Competition and Markets Authority's (CMA) decision to provide final and unconditional approval of the company’s previously completed acquisition of iZettle.

/Cards

Curve bids to woo customers with one percent cashback promise

Curve, the over-the-top banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, has launched Curve Cash, an instant cashback scheme offering 1% on all purchases at some of the world’s biggest brands and retailers.

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