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Germany’s Federal Ministry of Finance, Federal Ministry of the Interior and the shareholders of Bundesdruckerei GmbH say they have “basically agreed” that Bundesdruckerei will be sold to the Federal Republic of Germany, reversing its 2000 privatization. The ministries say the renationalization move of the ID products and bank notes manufacturer is “in order to safeguard [...]

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National Bureau of Credit Histories (NBKI), one of Russia’s credit bureaux, has teamed up with Fair Isaac Corporation to make FICO Score available to Russian lenders. NBKI says the quality of its credit data enabled Fair Isaac analysts to accelerate their configuration of the FICO Score for the Russian market in order to meet lenders’ [...]

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IKEA has renewed its network services contract with TeleCash, First Data’s German network service provider (NSP) subsidiary, which will become general contractor for IKEA’s German cashless payments and will continue processing card-based payments for IKEA at its 43 furnishing retail outlets and restaurants in Germany. IKEA operates more than 1,500 POS terminals in Germany. Services [...]

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In response to the growing need for instant card issuance outside the traditional banking environment, Visa Europe has developed a solution with Datacard which allows issuers total control over the issuance process, without the need to be physically present when the card is being issued. The solution is intended for use in retail locations, with [...]

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Citi Cards has teamed up with easyJet to launch a co-branded credit card with a range of special offers: One free easyJet flight worth up to £40 (including taxes) when they spend £250 or more in the first three months; 10% back on all easyJet flights booked within the first three months – and related [...]

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