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Amarillo National Bank selects QRails as prepaid card partner

QRails, Inc. a financial technology company offering sophisticated integrated processing and program management services and other solutions to banks, credit unions, and the digital payments industry, today announced that Amarillo National Bank has chosen QRails as their technology partner for prepaid card payments and issuer processing. Amarillo National Bank is located in Amarillo, TX.

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Icici Bank enables customers to instantly reload travel card digitally

ICICI Bank, India’s largest private sector bank by consolidated assets, has enabled its customers to reload foreign currency to ‘ICICI Bank Travel Card’ instantly, using the Bank’s internet banking platform and its mobile banking app, iMobile.

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CBA and Mastercard join digital transport accelerator in Australia

Minister for Transport and Infrastructure Andrew Constance today announced Transport for NSW will partner with City Innovation Foundation, Mastercard, Commonwealth Bank of Australia, Optus and Amazon Web Services as part of a new Future Transport Digital Accelerator based at the Sydney Startup Hub at Wynyard Green.

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HPS launches open banking platform

HPS, a leading payment software company, has launched PowerCARD Connect-Open API, an open banking platform that enables FinTech firms to build innovative payments applications on banks and other large financial institutions’ existing payment systems.

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Compass Plus brings interchange functionality to TranzAxis

Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced the implementation of interchange functionality as part of the many features of its open development payments platform, TranzAxis.

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Mastercard packages products to help fintech startups Accelerate

Mastercard today announces the creation of Accelerate, a new initiative to drive growth at scale for the fast-evolving FinTech industry, reflecting the company’s ongoing commitment to this sector.

PayPal agrees $2.2 billion deal for iZettle

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PayPal agrees $2.2 billion deal for iZettle

PayPal has reached an agreement to acquire Stockholm-based iZettle in an all-cash deal valued at $2.2 billion, it's biggest ever transaction in a dynamic and fluctuating payments environment.

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Mastercard and US Bank to pilot connected car payments

Today, company car drivers have to manually enter in their driver ID and odometer reading every time they use a fleet card to pay at the pump. This can lead to mistakes and potential overspending on fuel.

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Stripe and JCB sign MoU

Stripe, Inc. and JCB Co., Ltd. announced the signing of an MOU for a global partnership aiming for JCB brand acceptance at all internet merchants using the Stripe payment platform.

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The ai Corporation and QPS build payments gateway

The ai Corporation (ai), an FCA approved expert in payments, fraud and risk management, and Quatrro Processing, a leading international payment processor, today announced the launch of QPS, a next generation, artificial intelligence powered payments processing solution.

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Plastiq raises $27m

Plastiq, the best way to pay your bills and business expenses by credit card, today announced it has raised $27 million in additional financing from Atlas Venture, Khosla Ventures and Top Tier Capital Partners.

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National Bank of Kuwait to introduce selfie pay and biometric cards from Mastercard

Answering the market’s growing demand for increased convenience and security associated with biometric technology, National Bank of Kuwait and Mastercard announced two pioneering biometric solutions designed to improve online and in-store shopping at a press conference held at NBK Head.

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Dimebox releases machine learning fraud predictor

Dimebox, the only full-stack white-label acquiring platform in the world, has announced the release of a proprietary fraud predictor service based on machine learning.

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Retailers risk frustrating online shoppers with out-of-date payment technology

New research from Barclaycard reveals that more than seven in ten retailers (72 per cent) haven’t introduced any new payment technology to their websites over the last two years*, despite consumer demand for a quick and convenient check-out process.

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Paya and CardFlight team up

Paya (pie-ya), a provider of simple, secure technology that enables fast and efficient payments for all businesses, and CardFlight, the leading mobile POS and SaaS payment technology company, announced today that Paya is now offering CardFlight’s SwipeSimple payment acceptance solutions to its merchants.

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Car rental firm Sixt overhauls payments with Computop

The international mobility service provider Sixt has restructured its customer payment processes. Computop, one of the leading payment service providers, is the central service provider for customer payments from all channels and all of Sixt’s corporate countries.

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Concardis hires Deutsche Bank digital head Brendel as CIO

Just a few days after its founding, Concardis Payment Group is announcing another key addition to the team: Jana Brendel, who was until now the Head of Digital Solutions at Deutsche Bank AG, is to take on the role of Chief Information Officer for Concardis Payment Group on 1 July 2018.

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McDonald’s selects Ingenico as long-term payments provider

McDonald’s, along with its franchisees, in the UK and Ireland has selected Ingenico Group, the global leader in seamless payment, to handle the growth in demand for cashless transactions for the next five years.

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Consumer disputes and chargebacks created $31 billion in financial losses in 2017

Today, Verifi issued a new report that highlights the urgent need for collaboration between merchants, issuing banks and consumers.

Worldline to acquire SIX Payment Services

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Worldline to acquire SIX Payment Services

Wordline is to acquire the payments service business of Switzerland's SIX Group in a deal which values the cards unit at $2.75 billion.

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