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UK phone and courier bank card scam on the rise

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UK phone and courier bank card scam on the rise

An old-style scam that sees victims conned into handing over their bank cards and PINs to couriers is on the rise, netting British fraudsters £750,000 so far this year, the Payments Council is warning.

AmEx and Zynga team on pre-paid card with Farmville rewards

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AmEx and Zynga team on pre-paid card with Farmville rewards

American Express has partnered with social gaming giant Zynga to launch a co-branded pre-paid card linked to its Serve digital wallet.

HSBC IT failure hits ATMs and card payments, tests social media strategy

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HSBC IT failure hits ATMs and card payments, tests social media strategy

Some UK HSBC customers were left unable to make card payments or withdraw cash from ATMs yesterday thanks to an IT hardware failure.

Standard Bank issues dual-function transit-ticketing and debit card

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Standard Bank issues dual-function transit-ticketing and debit card

South Africa's Standard Bank has issued a multifunction payments card, offering pre-paid transit ticketing alongside contactless debit card functionality.

Wireless Festival to go contactless; Barclaycard offers VIP perks and luxury loos to wristband users

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Wireless Festival to go contactless; Barclaycard offers VIP perks and luxury loos to wristband users

Music lovers attending the three-day Wireless Music Festival in London's Hyde Park this year will be able to leave their wallets at home and experience a cashless event by signing up for Barclaycard-issued contactless wristbands.

European equivalent of Square, iZettle, commences UK beta trials

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European equivalent of Square, iZettle, commences UK beta trials

Swedish mobile card swipe start-up iZettle - billed as the European equivalent to Square - is set to begin a beta-test of its technology in the UK.

AmEx mobile app tracks user transaction data and location to offer relevant merchant discounts

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AmEx mobile app tracks user transaction data and location to offer relevant merchant discounts

American Express has launched a 'mobile offer engine' that recommends and ranks relevant merchant offers in real time for US cardmembers based on their spending history and location.

Mounties bust C$100m card fraud ring

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Mounties bust C$100m card fraud ring

More than 40 people have been arrested by Canadian police, accused of being part of a massive card fraud ring that has stolen up to C$100 million.

Amex adds cards to Isis mobile wallet

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Amex adds cards to Isis mobile wallet

American Express is adding its consumer, small business and Serve cards to the Isis mobile wallet, meaning users will be able to make contactless payments with their handsets.

Flint taps phone cameras for card payments

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Flint taps phone cameras for card payments

US start-up Flint has unveiled an app that lets merchants accept payments by snapping cards with their iPhone cameras and raised $3 million in series a funding.

HSBC moves to contactless as standard on all UK-issued debit cards

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HSBC moves to contactless as standard on all UK-issued debit cards

HSBC is to join Barclays Bank by introducing contactless technology as a standard feature on all new debit cards in circulation.

Canada opens inquisition into card fees

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Canada opens inquisition into card fees

Canadian anti-trust chiefs have fired the opening salvos in a Competition Tribunal hearing into the fees imposed on retailers by Visa and MasterCard.

PayPal forms Japanese JV with Softbank

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PayPal forms Japanese JV with Softbank

PayPal has formed a joint venture with Japan's leading Internet company Softbank as it bids to finally crack the country's digital payments market, kicking off with the launch of PayPal Here.

VeriFone revamps card reader to take on Square

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VeriFone revamps card reader to take on Square

VeriFone has unveiled a revamped and rebranded version of its dongle and app-based system that turns mobile phones into payment card readers as it bids to stand out in an increasingly crowded market currently dominated by Square.

MasterCard unveils digital wallet and open API

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MasterCard unveils digital wallet and open API

MasterCard has unveiled a digital wallet enabling users to make purchases in-store, online and through their mobile phones.

Record turn-out expected at EBAday 2012

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Record turn-out expected at EBAday 2012

The Euro Banking Association and Finextra are preparing for a record turn-out at EBAday 2012, Europe's pre-eminent annual payments event, with a sold-out exhibition floor and conference agenda featuring more than 50 of Europe's leading banks, market operators and industry utilities.

PayPal Here signs up 200k merchants in weeks

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PayPal Here signs up 200k merchants in weeks

More than 200,000 merchants have already signed up to PayPal's dongle and app combo that allows users to accept card payments with their mobile phones.

Adapt laws to allay mobile payments privacy fears - Berkeley researchers

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Adapt laws to allay mobile payments privacy fears - Berkeley researchers

Americans overwhelming reject mobile payment systems that track their movements or share identification information with retailers, and legislators should considering tweaking credit card laws to address their concerns, say researchers at the University of California, Berkeley.

Global Payments taken off PCI lists over data breach

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Global Payments taken off PCI lists over data breach

Global Payments has confirmed that "some card brands" have removed it from their lists of PCI compliant processors over a data breach affecting up to 1.5 million people.

VeriFone shares plummet on Deutsche Bank downgrade

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VeriFone shares plummet on Deutsche Bank downgrade

Point-of-sale terminal manufacturer VeriFone Systems saw its shares fall more than 12% yesterday after Deutsche Bank questioned its organic growth figures and downgraded its stock.

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