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Leading UK Financial Institutions support Zapp mobile payments
Big news for Zapp this week – 5 of the major UK retail banks have signed up to Zapp, meaning 18 million UK customers will have access to Zapp when it launches. HSBC, first direct, Nationwide, Santander and Metro Bank will roll out Zapp mobile payments to 18 million customers across the UK[1]. Zapp will [...]
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Zapp Vs Pingit – the creation of the UK’s 3rd debit scheme?
There has been much made of Europe securing a third debit scheme for processing card transactions and creating a viable competitor to break the duopoly of Visa and MasterCard. However, despite EAPS, attempts have thus far been lukewarm, despite some fairly hefty sums of money going into the various projects. Now, in the UK, a [...]
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Datacard Group finalize acquisition of Entrust for secure id and card personalization solutions
Datacard Group, a leader in secure ID and card personalization solutions, announced that it has successfully purchased Entrust, a leader in securing digital identities and information. The closing of the deal was finalized on December 31, 2013, and comes after the passing of regulatory approval procedures. Entrust is headquartered in Dallas, Texas and also operates [...]
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Royal Canadian Mint launches Bitcoin competitor – MintChip
Canada has unveiled the prototype of MintChip, a digital currency likened to Bitcoin – only this currency was designed by the Royal Canadian Mint, is backed by the Canadian dollar, and has been paired with a credit and debit machine. In the last couple of years, Bitcoin has been hitting the mainstream. As an open-source form [...]
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Target confirms POS malware used in attack
Target has confirmed reports that hackers infected Target’s point-of-sale terminals with malware (POS malware) to steal the payment card information from millions of customers, the retailer’s chief executive has confirmed. The security breach, which yielded the personal information of as many as 110 million customers, was first identified on December 15, four days before the [...]
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