Cards

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UK financial fraud up by a quarter in first half of 2016

Financial fraud in the first half of 2016 increased by a quarter to £399.5 million, enabled by scams and online attacks, new figures published today by Financial Fraud Action UK (FFA UK) show.

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Digital currency Dash comes to Shake debit cards

Dash, the superior alternative to Bitcoin, today announced a partnership with debit card innovator Shake that will allow customers to purchase goods and services from millions of merchants across the world.

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Q2 unveils fraud alert system for community FIs

Q2 Holdings, Inc. (QTWO), a leading provider of secure, cloud-based digital banking solutions for community-focused financial institutions (FIs), announced today the launch of its Centrix Dispute Tracking System (CentrixDTS™) Fraud Alerts module, an add-on to the case management and Regulation E compliance platform financial institutions use for both fraud and non-fraud transaction disputes.

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SolarisBank to develop new banking modules with MasterCard

Banking-as-a-service platform solarisBank has entered a strategic agreement with MasterCard to use the card scheme's global infrastructure to develop new payments modules for digital startups.

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Payroc buys iTransact Group assets

Payroc LLC, a leading merchant services and payment processing organization, announced today that it has acquired the assets of payment gateway and merchant account provider The iTransact Group, LLC.

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Bank Albilad selects Cashu for payments innovation

Bank Albilad, announced its strategic partnership with CASHU to develop innovative payment products and services for the Kingdom’s fast growing electronic payments market.

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Starling makes first debit card payment

UK challenger bank Starling has completed its first live card payments ahead of its launch in January 2017.

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Are you ready for the bumpy road of Brexit?

Phil Hussey, Vice President - Industry Strategic Services, UK and Ireland, IBM outlines the impact of a potential Brexit on financial services and how firms should be preparing.

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Blockchain loyalty and rewards startup Loyyal joins Dubai accelerator

Loyyal, a leading blockchain start up focused on creating the future in global loyalty and rewards, today announced that it is participating in the inaugural Dubai Future Accelerators program.

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Feds bust Lizard Squad hackers

Federal authorities in Chicago have charged two suspected computer hackers for allegedly operating cyber-attack-for-hire websites that launched attacks on companies and individuals around the world.

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Capital One acquires mobile price tracker Paribus

Capital One is continuing its fintech shopping spree, buying online price tracker Paribus for an undisclosed fee.

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Askara Bank taps TPS for PayPak roll out

Askari Bank Limited is proud to launch Askari PayPak Card. This initiative was undertaken in association with TPS as a trusted technology partner.

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ATM deployers are changing procurement strategy

Banks around the world are increasingly looking to separate ATM hardware and software purchasing, according to RBR’s new study ATM Software 2016.

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Fraud guarantees woulod accelerate adoption of mobile payments

Concerns about fraud and theft risks are inhibiting adoption of mobile wallets, but businesses underestimate the problem, according to a new global survey of consumers and executives released today by NTT DATA, Inc., a leading business and IT services provider.

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Brits ready to ditch cash for cards

In its latest salvo against notes and coins, MasterCard has posted research showing that 44% of Brits would ditch cash altogether if card payments were accepted everywhere.

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Virtual cash management will be the 2017 buzzword

Dick Oskam, Global Head Sales, Transaction Services, ING, speaks about the key topics that may dominate our conversations next year, and how cash management is changing today.

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German banks prep sale of Concardis payments JV - Reuters

A group of German banks are looking to sell their Concardis payments unit in a deal that could be worth up to EUR500 million, according to Reuters.

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Financeit scores $17 million investment for TD financing acquisition

Financeit, a leading point-of-sale financing provider, today announced a new round of equity financing led by new investors--Pritzker family business interests advised by The Pritzker Organization, L.L.C. ("TPO") and DNS Capital, LLC ("DNS")-- as well as existing investors.

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Oberthur and Nets partner on Sandinavian m-payments play

Nets, a leading payments service provider in Northern Europe, and OT (Oberthur Technologies), a leading global provider of embedded security software products, services and solutions, are partnering to service banks with a financial platform to support future international mobile payment means in the Nordics.

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Adyen flies high with Sabre

Leading payments technology company Adyen today announced that it has partnered with Sabre Airline Solutions to provide its airline customers with a single global payments solution to accept payments from anywhere in the world.