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US prosecutors charge 13 over financial cyberattacks

The US Justice Department has charged 13 alleged members of the hacktivist collective Anonymous for their part in a series of cyberattacks against major banks and credit card companies.

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Adobe hack exposes customer card details

Software giant Adobe says hackers have hit its network, stealing the personal information, including encrypted payment card details, of 2.9 million customers.

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MasterCard moves in to hyper-local merchant discounting with Parkeon

MasterCard is to dispense hyper-local shopping coupons to motorists through the Parkeon network of car parking payment terminals.

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Russian m-banking start-up raises $2m

Russian mobile banking start-up Rocketbank has raised $2 million in funding from tech-focused venture capital firm Runa Capital.

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Australia's eftpos calls in FIS to build payments hub

Aussie debit card system eftpos has called in US firm FIS to build a new centralised payments hub to help usher in new contactless and mobile technologies.

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BofA opens tech-packed 'express' branches

Bank of America is opening five technology-packed mini-branches as it seeks to bridge the gap between real-world and digital services.

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MPos start-up Leaf scores $20m investment from Heartland

Leaf, a Boston-based mPOS start-up with its own purpose-built tablet, has scored $20 million in funding from processing giant Heartland Payment Systems.

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Occupy Wall Street group preps debit card

An offshoot of the Occupy Wall Street movement is planning to take banks on at their own game with the launch of a pre-paid debit card.

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Increasing demand for cash boosts global ATM market

Despite prophecies about the imminent death of cash, the number of ATMs installed around the world is set to grow by more than 40% between 2012 and 2018, claims consulting firm RBR.

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Branson takes a punt on stealth start-up Clinkle

Mobile payments start-up Clinkle has secured fresh investment from Virgin mogul Richard Branson, and announced that it has signed up 100,000 prospective users ahead of its roll-out to US college campuses later this year.

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EBay agrees $800m Braintree acquisition

PayPal parent eBay has confirmed that it has agreed an $800 million cash deal to buy Chicago-based payments start-up Braintree.

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Santander launches combined student debit and campus ID card

Santander UK has launched a new Student Smart Card which combines a University undergraduate ID with Visa debit functionality.

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Mobile accounts for 23% of all UK online sales - report

Nearly a quarter of all UK online sales are now carried out on mobile phones and tablets, research from IMRG and Capgemini shows.

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Square integrates with Intuit QuickBooks

Intuit has moved to make it easier for small businesses to import their transactions from Square point-of-sale products into its QuickBooks accounting software.

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Transaction banking to play key role in restoring banks' ROE

The wholesale transaction banking business continues to play a starring role in improving return on equity in the global banking industry, with revenue from fees and accounts forecast to grow at a compound annual rate of ten percent over the next ten years.

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Facebook rolls-out 'Autofill' payments feature for friction-free mobile shopping

Facebook has embarked on a limited roll out of a new feature that enables users to automatically enter their payment details for mobile shopping by simply using their social network log-in credentials.

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VeriFone names Citi's Paul Galant CEO

Point-of-sale terminal manufacturer VeriFone has appointed Citi payments executive Paul Galant chief executive officer.

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Visa and MasterCard agree to cut French card fees

Visa and MasterCard have agreed a deal with the French competition authority to slash their card interchange fees in the country by nearly half.

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PayPal closes in on Braintree acquisition - WSJ

PayPal is close to securing a deal to buy Chicago-based payments start-up Braintree as it seeks to crack the growing mobile commerce market, according to the Wall Street Journal.

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SIX acquires Austria's PayLife

Swiss payments processor SIX has acquired Austrian bank-backed PayLife for an undisclosed amount.