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Bitcoin has launched the world’s first cash machine for buying and selling the online currency. It has been installed at a coffee shop in Canada. The kiosk is equipped with a hand scanner and face recognition camera to verify customers’ identities before they add cash or withdraw it from their digital wallets. Robocoin, the company which [...]

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Global Payments, one of the world’s largest card processing providers, is rolling out Discover Global Network acceptance to enable its UK customers to take five major international cards. The upgrade, which will take place from November, will allow customers to accept cards from a vastly increased number of international visitors and benefit from increased spend while [...]

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The Reserve Bank of Australia and the Australian Payments Clearing Association have proposed creating a new industry body called the Australian Payments Council, to better coordinate the country’s payments system. The idea is to foster development of the Australian Payments System by “promoting cooperative industry strategy, engaging in dialogue with the RBAs’ Payments System Board [...]

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Clear2Pay, the Belgian financial services and electronic payments company is up for sale by Private equity firm Aquiline Holdings LLC, according to two people familiar with the situation – according to Reuters. New York-based Aquiline has not yet hired a bank to oversee the sale which could fetch around 400 million euros ($552 million), said one [...]

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The European Parliament has voted to suspend the sharing of financial data with the US, following allegations that citizens’ data was spied on. The allegation forms part of leaked documents from whistleblower Edward Snowden. The vote on the US data sharing deal is non-binding, but illustrates MEPs’ growing unease over how much data was shared with the US. It [...]

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