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MasterCard set to close £1bn Vocalink deal
MasterCard is reported to have entered exclusive talks to buy Vocalink as it bids to capture a greater share of UK debit card payments from Visa. Sky News initially reported that the 13 banks which are shareholders in Vocalink have approved a period of exclusivity within which MasterCard can negotiate a takeover of the company. Any deal is [...]
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First mobile HCE payment solution deployed in Bulgaria
First Investment Bank AD (Fibank) of Bulgaria is the first bank in the region launch a mobile HCE payment card product, the mobile payment service is based on Host Card Emulation (HCE) technology certified by MasterCard. “Fibank is glad to offer a new product to its customers. Fibank’s mobile app customers using an NFC enabled Android handset [...]
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Visa and MasterCard continue to grow at the expense of Visa Electron and Maestro
Visa and MasterCard brands collectively account for 86% of all European payment cards. Visa holds the largest share in Europe as a whole and in western Europe, while MasterCard has a larger share in central and eastern Europe (CEE). Migration to Visa and MasterCard will continue despite interchange regulation Visa Electron and Maestro are [...]
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MasterCard in £1bn Vocalink bid
MasterCard has reportedly drawn up plans for a takeover of Vocalink, the bank-owned company which handles £6tn-worth of payments in Britain each year. Sky News has learnt that MasterCard, which is one of the world’s biggest credit card issuers, has approached the board of Vocalink about a deal that could be worth more than £1bn. [...]
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Live @ MWC: What’s hot for MasterCard in 2016
PCM interviews James Anderson of MasterCard to discuss the hottest trends for 2016 – including MasterPass, wearable payments and MasterCard as a technology company.
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