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Clearhaus integrates with Newgen Payments

European merchant acquirer, Clearhaus announces that it has integrated with the award-winning payment gateway, Newgen Payments.

ECB offers support to bank-backed alternative to Visa and Mastercard

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ECB offers support to bank-backed alternative to Visa and Mastercard

The European Central Bank has welcomed an initiative by some of Europe's top banks to explore the development of a rival payment system to challenge the dominance of Visa and Mastercard and the threat from Chinese and US Big Tech firms

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Currensea opens wait list for travel money card

Currensea, the UK’s first travel money card linked directly to your bank account, has opened their wait list ahead of their launch in early 2020.

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Klarna adds a new merchant every 8 minutes in 2019

2019 to date has proven to be a record growth year for Klarna, and this is before the much anticipated shopping holidays. Each day thousands of new consumers are choosing Klarna, with especially strong preference building in the UK and the US markets.

Amex issues card that rewards users for physical activity

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Amex issues card that rewards users for physical activity

American Express has teamed up with life insurance and investment outfit Vitality to launch a credit card that rewards Brits for being physically active.

Orange Bank launches in Spain

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Orange Bank launches in Spain

French telco Orange is launching its mobile-only bank in Spain, tempting customers with a discount on their phone bills.

/payments

Discover partners PayPal on rewards

Discover cardmembers can now use their Cashback Bonus® or Miles to pay for purchases at millions of online stores through PayPal, giving cardmembers another convenient and flexible way to reward themselves.

/security

Eight in ten US merchants have experienced payments fraud

American Express today released its 2019 Digital Payments Survey, in which over two thirds of U.S. merchants (69%) reported that significant amount of company time and expense is dedicated to dealing with payment fraud.

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Cardpay expands global footprint

Cardpay – global fintech provider and fast-growing payment processor serving the needs of eCommerce businesses selling internationally announces its further expansion into 5 new major markets including United States, Mexico, Brazil, China and Singapore.

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Mastercard creates global alliance to upgrade transit systems

Mastercard created an alliance to mobilize financing to help upgrade transit systems around the world.

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New York's MTA to extend contactless payments to more stations, buses

The Metropolitan Transportation Authority (MTA) announced that OMNY, the new contactless fare payment system, surpassed three million taps last week on November 5.

Cornèrcard launches biometric credit card

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Cornèrcard launches biometric credit card

Switzerland's Cornèrcard has teamed up with Gemalto and Visa to launch the country's first credit card featuring a biometric fingerprint reader.

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Brex introduces first co-branded corporate card with Bank of the West

Bank of the West, a subsidiary of BNP Paribas, and Brex, the corporate card that accelerates entrepreneurs and scaling businesses, today announced a co-branded corporate card with no security deposit and no requirement for U.S. credit history.

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Revolut and Mastercard partner Save the Children to repair schools hit by Cyclone Idai

To show support for Universal Children’s Day, Revolut and Mastercard have today joined forces with Save The Children to launch a fundraising campaign to rebuild and resource four schools in Mozambique destroyed by Cyclone Idai.

Canadian brokerage Questrade eyes banking license

/retail

Canadian brokerage Questrade eyes banking license

Toronto-based online brokerage Questrade is applying for a federal banking licence, paving the way for it to open an online bank.

Australia's Tyro Payments looks to raise A$250m in IPO

/payments

Australia's Tyro Payments looks to raise A$250m in IPO

Sydney-based Tyro Payments is seeking to raise around A$250 million by floating on the Australian Securities Exchange (ASX).

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EMVCo expands engagement model

EMVCo has reaffirmed its commitment to industry engagement with the launch of an enhanced EMVCo Associates Programme (EAP), increasing the number of organisations that are eligible to provide strategic input and further encouraging merchant involvement.

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Financial literacy fintech PCKT Money chooses Nets for card processing

European payments leader, Nets, today announces it is delivering issuer card processing and API services to The PCKT Money Corporation.

/payments

Nedbank contracts with Fexco for dynamic currency conversion

In a move that is sure to have positive growth benefits for South Africa’s tourism industry, Nedbank and Fexco, a leading independent global provider of DCC and multi-currency (MCP) technologies, have announced an extension to their partnership that will see Fexco’s world class Dynamic Currency Conversion (DCC) solution provided to Nedbank merchants and their international customers throughout South Africa.

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Halifax adds gambling controls to card app

Halifax customers can now benefit from a service feature to protect themselves from gambling-related harm.

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