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Afex targets corporate expense market with pre-paid Mastercard

AFEX, one of the world's largest non-bank providers of global payment and risk management solutions, has launched the PayFEX Prepaid Mastercard.

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CVS raises alarm over 'tax grab' on convenience store ATMs

Local Councils in England and Wales had been employing specialist consultants to identify retailers with cash machines that were not subject to business rates.

Prisoners build PCs from stolen parts then apply for credit cards in fellow inmate's name

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Prisoners build PCs from stolen parts then apply for credit cards in fellow inmate's name

A pair of enterprising American prisoners managed to steal enough spare parts from a work programme to put together two computers, which they hid in a closet ceiling and used for various escapades, including to apply for credit cards in another inmate's name.

Android Pay gets inside bank apps

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Android Pay gets inside bank apps

Google has teamed up with several banks - including BofA - to let customers add cards to Android Pay from within their apps.

We're only at the foothills of fintech development

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We're only at the foothills of fintech development

Eileen Burbidge, HM Treasury's Special Envoy for Fintech, defines the 'fourth industrial revolution' and discusses the importance of fintech growth in the UK.

After Apple Pay loss, Westpac turns to Samsung Pay

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After Apple Pay loss, Westpac turns to Samsung Pay

Having lost its bitter Apple Pay battle, Australia's Westpac has signed up to support a rival NFC mobile payments service from Samsung.

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First Data to provide bank portfolio services to TSB

First Data (NYSE: FDC), a global leader in commerce-enabling technology, today announced that it has been appointed by SABIS, the IT arm of Spain’s fifth largest banking group, Sabadell, to provide processing and acquiring services across a number of TSB banking portfolios.

Mastercard gets CMA approval for Vocalink acquisition

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Mastercard gets CMA approval for Vocalink acquisition

The UK's Competition and Markets Authority (CMA) has cleared Mastercard's £700 million acquisition of Vocalink after the card giant promised to take steps to address the watchdog's concerns.

Visa Everywhere Initiative lands in Europe with EUR50,000 prize

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Visa Everywhere Initiative lands in Europe with EUR50,000 prize

Visa is bringing its Everywhere Initiative to Europe, dangling a EUR50,000 prize in front of fintech startups, inviting them to pitch ideas that link digital payments with local communities and travel.

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Visa introduces enhanced transaction data for Amazon Business customers

Today, Visa Inc. (NYSE:V) has become the first card network to enable participating issuers to provide their U.S. commercial accountholders a comprehensive view of their Amazon Business purchases.

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Mastercard welcomes latest Start Path program members

Today, Mastercard welcomed five new startups to its Start Path Global program – the company’s global initiative to support innovative later-stage startups who are reshaping the future of commerce.

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Fulton Financial Corporation renews with Fiserv

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Fulton Financial Corporation, a bank holding company headquartered in Lancaster, Pennsylvania, has signed a long-term agreement to renew its relationship with Fiserv.

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Alawwal bank unveils digital bank coffee branch in Saudi Arabia

Continuing to lead the innovation space in the financial industry and delivering truly digital banking solutions, Alawwal bank has unveiled its new digital branch in the form of a coffee shop that aims to set the global benchmark for branch banking.

Payday loan firm hit by data breach

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Payday loan firm hit by data breach

Wonga, a prominent UK payday loan firm, has warned 270,000 of its customers that their accounts may be at risk following a data breach.

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Payscape teams up with Embassy National Bank

Financial technology provider, Payscape, has teamed up with Atlanta’s Embassy National Bank, to provide local businesses with the latest financial products and services that will allow them to increase cash flow, process payments, and streamline their business operations through innovative software solutions.

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Diebold Nixdorf ready to support Windows 10

Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce, today announced it is the first automated teller machine (ATM) manufacturer ready to support the Microsoft Windows 10 operating system.

OfferZen invites developers to build their own bank with programmable account

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OfferZen invites developers to build their own bank with programmable account

South African developer community OfferZen is conducting a private beta of a programmable bank account that lets coders create new services to meet their personal requirements.

Meniga raises €7.5 million funding round

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Meniga raises €7.5 million funding round

London headquartered personal finance startup Meniga has raised a €7.5 million funding round led by Nordic venture capital investor Industrifonden.

Stripe opens up Atlas service to US startups

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Stripe opens up Atlas service to US startups

Payments processor Stripe is inviting US firms to take advantage of Atlas, its service which helps entrepreneurs get incorporated, open a bank account and start accepting payments.

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Visa Checkout reaches 20 million enrolled accounts

Visa Inc. (NYSE:V), today announced that Visa Checkout, the easier way to use a Visa card online, is sustaining tremendous growth, reaching more than 20 million enrolled accounts.

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