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TSB delays switch from Visa to Mastercard - FT

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TSB delays switch from Visa to Mastercard - FT

TSB's disastrous IT migration in April continues to have repercussions, with the British bank now postponing plans to move all of its customers from Visa to Mastercard debit cards, according to the Financial Times.

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Worldnet launches plug-and-play EMV offering

Worldnet, a leading international provider of omni-channel payment solutions, has introduced GoChipNow, a “plug and play” solution for virtual terminal merchants who want to upgrade to EMV®.

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Wirecard Brazil releases new features for digital payments service

To facilitate entrepreneur’s financial life is a mission of Wirecard Brazil (Moip), a company that is part of Wirecard Group, the leading specialist for digital financial technology.

Citi lets credit card customers pay Spotify subscriptions with points

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Citi lets credit card customers pay Spotify subscriptions with points

Citi has teamed up with Spotify to enable customers in Asia to use credit card points to pay their music streaming subscriptions.

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Visa invests in Japan's Paidy

Today, Paidy Inc. (“Paidy”), an instantly-issued post-pay credit provider, announced an investment from Visa (NYSE: V) as part of the company’s Series C funding.

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Cheddar’s Scratch Kitchen restaurant chain reports card data breach

We take the privacy and security of our guests’ personal information very seriously. This notice is to inform you that some Cheddar’s Scratch Kitchen restaurants have been the victims of cyberattacks, which may have resulted in unauthorized access to or acquisition of your payment card information.

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KeyBank to apply AI tech from Mastercard to make more informed authorisation decisions

Mastercard and KeyBank today announced that the bank will now use Mastercard Decision Intelligence™, a security solution that uses artificial intelligence (AI) to make more informed authorization decisions.

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US Alliance Group to utilise Fiserv debit gateway

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today its debit gateway solution will enable US Alliance Group, Inc. (USAG) to offer enhanced processing capabilities, as well as greater scalability for USAG to grow its Payment Processing business.

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Japan's GMO Aozora Net Bank to introduce battery-powered debit cards

Dynamics Inc. and GMO Aozora Net Bank, Ltd. today announced plans to introduce the first battery-powered, interactive debit and cash cards to the Japanese market in 2019.

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Francisco Partners completes acqusition of Verifone

Verifone Systems, Inc. (“Verifone” or the “Company”), a global leader in payment and commerce solutions, today announced that it has been acquired by an investor group led by Francisco Partners, a leading technology focused private equity firm, and including British Columbia Investment Management Corporation.

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ThinkSmart offloads shares in POS financing startup ClearPay

ThinkSmart Limited (AIM: TSL), a leading digital payment solutions provider, announces that it has sold 90% of the share capital of ClearPay to AfterPay Touch Group Limited (“AfterPay’’), a company listed on the ASX.

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SmartPesa introduces integrated insurance agent policy payment

Singapore-based FinTech company SmartPesa is pleased to announce that it is enabling Tune Protect Malaysia (TPM) to use its next-generation payment solutions.

Abolition of 1p and 2p coins would mean small change for UK shoppers

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Abolition of 1p and 2p coins would mean small change for UK shoppers

Bank of England economists believe that removal of 1p and 2p coins from circulation would have a limited impact on pricing at the checkout, re-igniting a debate over the future of small value copper change.

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Fiserv boosts call centre customer authentication

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today it has introduced two enhanced consumer authentication solutions, step-up authentication and identity verification, to mitigate card fraud within call centers.

Revolut launches metal card with cryptocurrency cashback

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Revolut launches metal card with cryptocurrency cashback

Digital banking startup Revolut is targeting the millennial jet set through the launch of a new metal card that comes with a host of benefits, including cashback in Bitcoin and other cryptocurrencies.

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Icici Bank agress card deal with Manchester United

ICICI Bank, India’s largest private sector bank by consolidated assets, has agreed to a multi-year partnership with Manchester United, bringing a range of competitive co-branded credit and debit card to the club’s 35 million Indian followers.

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Volksbank in der Ortenau agrees early extension of agreement with SIX Payment Services

Volksbank in der Ortenau eG, one of the largest cooperative banks in Baden-Württemberg (Germany), will be relying on the services of SIX Payment Services in Acquiring Processing for a further five years, therefore successfully positioning itself as the bank of choice with their business customers.

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Australian Payments Network consults on online card fraud

The Australian Payments Network (AusPayNet) today announced the start of an industry consultation on a new framework to accelerate the fight against online card fraud.

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Curve names Alejandro Massalin head, marketing

Alejandro Massalin has joined Curve, London based FinTech startup, as Head of Marketing, starting late August 2018.

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Time to raise the contactless limit? 42% of regular users think so

New research reveals that 42% of contactless payment users would like to see the limit for transactions increased, with of them 38% saying it could be £50 or higher, while 9% would like to be able to make payments of £100 or more.

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