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UK watchdog agrees compensation package for consumer's mis-sold card security packages

The Financial Conduct Authority (FCA) has reached an agreement with Affinion International Limited (“Affinion”) and 11 high street banks and credit card issuers, following voluntary negotiations, that will pave the way for customers to claim compensation if they have concerns about the way that card security products with the following product names were sold to them:

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Tuxedo Money signs processing deal with Silicon Valley's i2c

Tuxedo Money Solutions, the UK-based international payments technology firm, and i2c Inc., a Silicon Valley based global payments processor, have signed a processing agreement that will allow both organisations to maximise opportunities in the global prepaid and emerging payments sectors.

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Banrisul deploys Gemalto tech for m-banking authentication

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, announces that the Banco do Estado do Rio Grande do Sul (Banrisul) has deployed Gemalto's Ezio Multi-Channel Authentication Solution to secure its expanding mBanking services.

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MasterCard brings contactless/Apple Pay to the PGA Tour

MasterCard, the official card of the Waste Management Phoenix Open, and the PGA TOUR are bringing the latest payment technology to the spectator experience with the introduction of contactless acceptance.

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TSYS and Ingenico POS suite primed for EMV and NFC

TSYS® (TSS), a leading global payments provider, and Ingenico Group (Euronext:FR0000125346-ING), global leader in seamless payments, today announced a new agreement to offer merchants a seamless and secure solution for accepting all payment types, including magnetic stripe, EMV®, NFC and Apple PayTM.

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LD kiosks kitted out for bill pay with ACI Worldwide

ACI Worldwide (ACIW), a leading global provider of electronic payment and banking solutions, today announced a strategic partnership with LD Systems, an international provider of ATMs, financial equipment and technology services. This partnership will enable LD Systems’ clients to offer quick, easy and safe bill pay options at kiosks across the United States.

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TD USA to re-sell Spindle payment aggregation services

Spindle, Inc. (SPDL), a leading provider of mobile commerce solutions, announced that it has signed an agreement with payment processing industry consulting firm Transaction Data USA Inc. (TD USA) to resell both Spindle's payment aggregation services and its Yowza!! Offers mobile marketing services.

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Inside Secure participates in Entrust Datacard’s Card Validation Program

INSIDE Secure (Euronext Paris: INSD), a leader in embedded security solutions for mobile and connected devices, announced today that they have entered into an agreement with Entrust Datacard to participate in their Card Validation Program (CVP).

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Inetco ships analytics package

INETCO® Systems Ltd., a leading provider of transaction monitoring and customer analytics software for the banking and payment processing industries, today launched INETCO Analytics™.

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UK PSP Anderson Zaks goes with Birdback for card-linked offers

Anderson Zaks, an independent and innovative Payment Services Provider (PSP), has forged a partnership with Birdback, a card-linking offers platform.

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MasterCard approves TUV SUD as test lab for contactless readers

MasterCard has accredited TÜV SÜD Product Service to provide type approval testing and certification of MasterCard Contactless Readers v3.0 (“MCL 3.0,” formerly referred to as PayPass Reader v3.0”).

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T-Mobile gives Mobile Money customers an extra $20 on their tax refund

T-Mobile CEO John Legere today announced via Twitter that T-Mobile customers with Mobile Money who set up and receive a direct deposit of their tax refund onto their registered T-Mobile Visa® Prepaid Card will get a $20 credit.

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MasterCard and Movistar launch Peruvian mobile money service

With the goal of promoting financial and social inclusion in Peru, Movistar, in alliance with MasterCard, has announced the launch of “Your Mobile Money” (Tu Dinero Movil), the first electronic money service in Peru, which will offer users significant savings in their money transfers.

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Fiserv releases mobile card management app

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, launched today CardValet™, a mobile card management application that helps financial institutions improve cardholder engagement and reduce fraud losses by allowing cardholders to monitor and control how, when and where their cards are used.

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Gujerat State Government signs e-payment MoU with MasterCard

The State Government of Gujarat and MasterCard have signed a Memorandum of Understanding (MOU) for strategic cooperation to accelerate the adoption of electronic payments processes involving government, businesses, as well as the transit and tourism industry.

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Wincor Nixdorf ships point-of-sale upgrades

Wincor Nixdorf, a global leader in advanced retail and banking IT solutions, today announced updates to four of its products that are used by retailers to automate their point of sale, streamline back office activities, and provide consumers with a seamless omnichannel shopping experience.

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Wallet One opens Georgian e-wallet

Georgia has become first country in the South Caucasus, where Wallet One (W1) international payment system has launched its multi-currency e-wallet via franchising model.

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MasterCard launches global hackathon series with $100,000 grand prize

MasterCard today announced the MasterCard Masters of Code™ competition. The intense, 10-city hackathon series will traverse the globe – from Sydney to Silicon Valley – to find the master artisans of our day: developers.

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Luxembourg's BIL to offer cardless ATM withdrawals

To increase security, convenience and customer satisfaction at the self-service channel, Banque Internationale a Luxembourg (BIL) has partnered with Diebold, Incorporated (DBD) to launch a cardless transaction solution that enables end-users to remotely program and withdraw cash via a smartphone from any of the more than 100 ATMs in BIL's network.

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Europe's first chargeback remediation specialist, Global Risk Technologies, launches

International dynamic risk mitigation services firm Global Risk Technologies has launched in Europe to bring its unique end-to-end risk management solutions to European merchants, helping acquirers and issuers minimise chargebacks.

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