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Barclays is taking over the ING Direct business in the UK after the Dutch bank put the high-profile mortgage and savings business under review in the summer. The business employs 750 people and has call centres in Reading and Cardiff. Under the deal, 1.5 million customers will transfer to Barclays, which will integrate the business into its UK [...]

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The German white-label mobile payment company payworks introduces a mobile Chip & PIN solution that allows processing of major credit cards as well as local debit card schemes. In contrast to existing solutions, payworks’ new mobile Point of Sale infrastructure allows payment providers to roll out a solution that is compliant with highest security demands [...]

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Skrill, a leading provider of online payment solutions, announces a 29.1% increase on the previous year in revenues for the six months to June 2012. There are now 30 million registered Skrill customer accounts worldwide, and the number of merchants choosing to offer Skrill as a simple and global payment system has grown to 135,000. While [...]

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An international gang of cyber crooks is plotting a major campaign to steal money from the online accounts of thousands of consumers at 30 or more major US banks, security firm RSA warned. In an advisory Thursday, RSA said it has information suggesting the gang plans to unleash a little-known Trojan program to infiltrate computers [...]

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Global payment solutions provider, Yalamanchili, today announces that its next generation payments platform has been utilised by Singaporean prepaid card giant, EZ-Link to provide the payments processing capability behind the recently launched contactless M1 Prepaid MasterCard. The card, a co-branded collaboration between EZ-Link, MasterCard Worldwide and telecommunications provider M1 Limited (M1), a leading provider of [...]

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