Cards

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W2 Global Data raises £1.25m

A fast-growing South Wales fintech company has closed a £1.25million funding round backed by Mercia Fund Managers, Development Bank of Wales and TTI Angels.

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Cambridge rolls out contactless giving points for homeless charity

Cambridge City Council has installed contactless 'giving points', enabling people to tap their card or phone to make donations to a charitable fund for rough sleepers.

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Mypinpad ships mPOS authentication kit

MYPINPAD, the global leader in payment acceptance and authentication software solutions, today announces the launch of Open mPOS.

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Diebold Nixdorf targets Irish credit unions

Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce, is partnering with Progress Systems to provide comprehensive self-service solutions to credit union customers across Ireland.

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Barclays names Rob Cameron as CEO, global head of payment acceptance

As it continues to expand its business and payments capabilities built over many years, Barclays has today announced the appointment of Rob Cameron as CEO, Global Head of Payment Acceptance.

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Bank of Queensland to hand out free Square card readers at branches

Looking to drum up support in the SME market, Bank of Queensland is to distribute Square card-reading devices and $1000 in free processing to all new small business customers.

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Cashless payments account for 50% of all purchases at World Cup stadiums

Visa (NYSE: V), the Official Payment Services Partner of FIFA, today released an analysis of spending inside the 2018 FIFA World Cup Russia stadiums from the opening match on June 14 through the semi-finals on July 11.

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Discover Global Network joins nexo standards as a Principal Member

nexo standards, the international industry association dedicated to enabling fast, interoperable and borderless payments acceptance, today announced that Discover Global Network has joined its membership as a Principal Member.

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Link revises ATM fee plans as usage falls

ATM network operator Link has pulled back from a plan for a progressive ramping up of interchange fees after outrage from consumer groups over an apparent acceleration in ATM closures across the UK.

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PayPal and Citi Ventures participate in $50 million PPRO funding round

London's PPRO Group has received a $50 million boost in a funding round led by PayPal, with participation from Citi Ventures and return investor HPE Growth Capital.

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Commercial Bank of Dubai signs acquiring porcessing deal with Network International

Commercial Bank of Dubai (CBD) and Network International, the leading payment solutions provider in the Middle East and Africa, recently signed an agreement to provide Network International’s bespoke acquiring processing solutions to CBD’s wholesale banking clients.

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PosData hires Ouellette to spearhead North American business development

POSDATA Group, Inc., the premier North American distributor of secure payment solutions, today announced the hiring of industry veteran Chrissy Ouellette as senior director of payments and business development.

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Mastercard enlists Worldpay to push Vocalink's Pay by Bank app

Mastercard is looking to put its Vocalink assets to work, partnering Worldpay to push the 'Pay by Bank' app that lets British online shoppers bypass the card giant's own network.

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SIA gets financing for First Data biz acquisition

SIA, a European hi-tech firm leader in the payment services and infrastructures sector, has today signed a financing contract to support the acquisition of First Data’s business in a number of countries in Central and Southeastern Europe.

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Diebold Nixdorf and Mastercard collaborate on new digital-as-a-service product suite

Diebold Nixdorf (NYSE: DBD), a world leader in driving connected commerce, today announced a partnership with Mastercard (NYSE: MA) to deliver an industry-defining, managed solution for the banking and retail sectors.

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SIX Payment Services and Mastercard enable new Generali Arena in Vienna to go completely cashless

On 13th July 2018, the newly renovated Generali Arena in Vienna will have its official opening.

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Anything Visa can do...Mastercard takes time out

Mastercard has followed Visa in suffering an intermittent outage that caused some card payments to be denied overnight.

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IBM profiles the huge hidden costs of data breaches

IBM (NYSE: IBM) Security today announced the results of a global study examining the full financial impact of a data breach on a company's bottom line.

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Japan's Paidy raises $55m for credit card-free online shopping service

Paidy, a Japanese startup that helps people make online purchases without a credit card, has raised $55 million in a Series C funding round led by Itochu Corporation and joined by Goldman Sachs.

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Jack Henry migrates 66 clients to new card processing platform

Jack Henry & Associates today announced that 66 financial institutions have migrated to JHA Card Processing Solutions (CPS), its full service and in-house transaction processing platform.