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American Express has acquired Sometrics, a virtual currency outfit targeting the online games community, for $30 million, according to TechCrunch. Founded in 2007, California-based Sometrics helps publishers make money from their online games through virtual currency with its in-game payment platform. The company’s system is used for 450 games with an audience of 225 million [...]

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Visa Europe has launched the CodeSure Matrix Display card, the latest addition to its CodeSure card range. Built on the multi-channel authentication system offered by CodeSure, the Matrix Display card adds a fully customisable dot matrix display that supports local languages and non-Roman character sets. The card also has a smartphone-like ‘soft touch’ keypad and [...]

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FutureCard says its highly developed card manufacturing and personalization unit in Sharjah, UAE has received Security Accreditation Scheme (SAS) from the GSM Association. This certification authenticates that FutureCard smart card production and personalization processes, as well as its entire site functions meet the GSM Association’s stringent principles for security and data protection programs. “FutureCard views [...]

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Retail Decisions (ReD) has announce its Fraud Alert service, which enables issuers and merchants to easily exchange vital information in the fight against fraud.  As the most significant modern advance in fraud detection and prevention in recent years, ReD Fraud Alert has been proven to drastically reduce merchant chargebacks by 43% as well as the [...]

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YourCash and European payment processor Equens have launched a new ATM service for supermarkets in Belgium. After a successful rollout in the UK and the Netherlands, YourCash has now introduced its ‘merchant fill proposition’ in Belgium, having secured a number of key pilot sites with supermarket chains and franchises of AD Delhaize, Alvo and Intermarché. [...]

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