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3374 articles tagged with this keyword

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Poppy Appeal goes contactless

In an effort to counter the decline in hard cash in consumer wallets, the Royal British Legion is to roll out 200 mobile terminals for people to make a donation to this year's Poppy Appeal with their contactless card.

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First Data blunder reveals BluePay acquisition talks

First Data has come clean about ongoing talks to buy North American payments processor Blue Pay after a draft news release announcing an agreed acquisition and conference call was inadvertently posted on the vendor's Website.

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ATM jackpotting for dummies; Yours for just £3,788

Kaspersky Lab has discovered an ATM jackpotting kit for sale on the Dark Web which provides step-by-step instructions for non-techies to crack open a cash machine.

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Sibos 2017: Tim Berners-Lee pitches W3C payments APIs

Sir Tim Berners-Lee used his appearance at Sibos this morning to pitch the World Wide Web Consortium's efforts to streamline the online checkout experience and make payments more secure.

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ATM overdraft hack helps crooks steal millions from ex-Soviet banks

Hackers have stolen millions of dollars from banks in former Soviet states by breaking into their IT networks to increase overdraft limits on fraudulently opened accounts and then making ATM withdrawals.

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Mastercard opens Indian innovation lab

Mastercard has opened its first innovation lab in India to work side-by-side with the local financial community on future technology breakthroughs in digital payments, data manipulation, financial inclusion and fraud prevention.

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ATM black box attacks soar in Europe

Europe saw a surge in the number of ATM black box attacks - where devices are attached to machines and command cash outs - in the first half of 2017.

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German savings banks to roll out mobile payment service

Germany's savings banks are planning a mass-market roll out of contactless mobile payments technology in 2018.

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Mastercard releases Early Detection System to warn banks of at-risk cards

With card breaches at retailers becoming an everyday occurrence, MasterCard is arming banks with a tool that helps predict which customer accounts are most at risk of fraudulent activity following a third party compromise.

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Curve partners Xero to automate expenses

UK startup Curve is promising to kill the dreaded job of doing expenses, letting users spend from all of their accounts on one card, sending the data straight to Xero accounting software.

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Timex embeds bPay contactless chip into watchstrap

Timex is to release a watch capable of making contactless payments by incorporating the Barclaycard bPay chip into the leather watchstrap.

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New UK payment system operator names Paul Horlock chief exec

The UK's new payment system operator has appointed former Nationwide Building Society exec Paul Horlock as chief executive, overseeing the consolidation of Bacs, the Cheque and Credit Clearing Company and the Faster Payments Scheme.

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Japanese banks plot national digital currency

Japanese banks are fighting back against the threat from China's Alibaba with plans to introduce their own digital currency in time for the 2020 Tokyo Olympics.

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BBVA uses big data to redraw city maps

BBVA is using commercial card data to redraw the maps of urban areas based on the purchasing patterns and movements of consumers as they criss-cross the city landscape.

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Nets confirms $5.3 billion takeover offer

Nordic payments processor Nets has received a $5.3 billion takeover offer from US private equity firm Hellman & Friedman.

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EIB provides EUR30 million in debt funding to iZettle

Swedish mPOS vendor iZettle is to get EUR30 million in debt funding from the European Investment Bank to help it better understand the technology needs of small companies.

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Apple P2P payments service nears launch

Apple's peer-to-peer payments feature will not go live with the launch of iOS 11 tomorrow but will arrive this Autumn, enabling users to send money and get paid in Messages.

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ING hails tap-and-pay charity donation boxes

Dutch bank ING says that a contactless charity donation box trial has proved a big hit, resulting in the value of average donations more than doubling that seen with old fashioned cash collection tins.

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Equifax hack: Visa and Mastercard flag 200k compromised credit cards

The details of more than 200,000 Visa and Mastercard cards were stolen during the recent cyber-breach at credit referencing firm Equifax.

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Monzo launches poll on overseas ATM fee levels

Monzo is ditching free overseas ATM withdrawals after concluding that the feature is costing it too much. However, rather than simply imposing a fee, the UK digital bank is now asking customers to vote on how it should charge them.