Queensland Treasury Corporation tears up Temenos T24 contract
Swiss core banking vendor Temenos has been ditched by the corporate treasury services provider of Australian state Queensland, which has decided to cut its losses on a T24 implementation.
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MasterCard Drives Growth in Its Display Card Programme with bank launches in Romania
MasterCard announced growing momentum of its ground breaking Display Card programme at this year’s CARTES & IDentification expo in Paris. To coincide with the expo, two leading Romanian banks have announced that they are launching the MasterCard Display Card: Credit Europe Bank and Carpatica Bank.
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Voice Commerce completes regulatory transition to 2nd Electronic Money Directive (2EMD)
Voice Commerce today announced that it has become the first fully authorised Payment Institution to qualify under the new 2nd Electronic Money Directive in the UK since it was introduced in May 2011. In addition, Voice Commerce is pleased to announce that the RBS Special Opportunities Fund has made a substantial growth capital investment to accelerate the Company’s development.
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Compass Plus leads retail banking transformation with TranzAxis
The world’s first open application development platform, for the retail banking sector, is launched today, by global payments software provider Compass Plus.
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Cloud-based payments start-up targeting SMBs launches
MineralTree, a US start-up providing cloud-based payment services specifically designed for small and medium businesses, has formally launched after securing $1.5 million in funding.
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American Express files virtual currency patent
American Express has filed a patent for a system and method for using loyalty rewards as a currency.
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Elavon launches ElavonGiftCard.co.uk for SMEs
Elavon, today announces the formal launch of www.elavongiftcard.co.uk, a brand new website that makes it easy for SMEs (Small and Medium Enterprises) to deploy their own branded card programmes quickly, easily and inexpensively. On www.elavongiftcard.co.uk, SME merchants can learn about the benefits of Elavon’s Electronic Gift Card Plus solution and, if desired, go on to buy everything they need to launch a programme from as little as £199.
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Visa Europe extends CodeSure family with Matrix Display card
Visa Europe has launched the CodeSure Matrix Display card, the latest addition to its CodeSure card range.
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RBS launch FI GlobalAccount to support payments in 132 currencies to 183 countries
The Royal Bank of Scotland (RBS) has announced the launch of the FI GlobalAccount product, which provides a platform to deliver cross-currency payments in 132 currencies for financial institutions and their clients, eliminating the need for multiple nostro currency accounts and their associated costs.
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Dab bank signs for Fis Kordoba core system
Munich-headquartered Dab bank has signed for the Kordoba Core24 banking system from US fintech vendor Fis.
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ACI Worldwide launches new version of ACI Enterprise Banker
ACI Worldwide has announced the launch of ACI Enterprise Banker release 7.6, its online banking solution for corporate customers. The new release delivers improved usability and mobility, and helps banks increase security for online banking customers. It is already being used by ACI’s customers using Enterprise Banker in ACI’s SaaS environment, ACI On Demand (AOD) – serving more than 350,000 end users.
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19% growth for smart card shipments in 2010
2010 proved to be an extremely successful recovery year for the smart card industry with units shipments growing 19% compared to 2009. For the smart card IC market, volume growth was even higher at over 20% as card suppliers’ inventories were re-stocked. This was one of the top line conclusions from IMS Research’s just published report “Smart Cards and Smart Card ICs – World – 2011”
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Alaric launches Fractals 3.7
Alaric has announced the next generation of its unique enterprise fraud management solution, Fractals 3.7. The release of Fractals version 3.7 includes a host of new features designed to improve enterprise-wide fraud detection, increase governance and compliance, and streamline fraud and risk analyst activities.
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Clear2Pay’s EMV Level 1 contactless card test solution qualified by EMVCo
Clear2Pay has announced that EMVCo, the EMV standards body owned by American Express, JCB, MasterCard and Visa, has qualified its Integri EMV Contactless Card Type Approval Level 1 Test Suite, Version 1.0.4. The test tool is the only solution available on the market for the validation of conformity to the EMVCo specifications. The tool is used by accredited test laboratories.
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Square: Good week, bad week
Jack Dorsey, CEO of Square, has taken to Twitter to announce that the mobile payments start-up is now processing more than $1 million a day.
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CHARGE Anywhere releases POS payment app for iPhone
CHARGE Anywhere has announced the release of CHARGE Anywhere for iPhone, a mobile payment application for iOS devices. The application can be downloaded directly from the Apple app store.
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Spendvision eMoney module
Spendvision, a global provider of total transaction management solutions, has announced the availability of its new eMoney module, which allows businesses to capture, manage and report on purchases made using Near Field Communication (NFC) technology. The module will enable eMoney transactions to be integrated with all other types of spend, making it easier for staff to record all expenses, irrespective of the payment method used, ultimately affording businesses greater insight into what employees are spending.
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Intesa Sanpaolo Deploys Gemalto Contactless Prepaid Card
Gemalto announces that Intesa Sanpaolo is deploying a new contactless prepaid card specifically designed for tourists taking part in the celebrations for the 150th anniversary of Italy’s unification this year. The bank is issuing the cards through its service center Setefi. Intesa Sanpaolo is among the top banking groups in the Euro Zone and a leading bank in Italy, offering its services to more than 11 million customers.
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Collis Releases Test Tools Approved by American Express for the Canadian Market
Collis announces today that it has developed Collis Brand Test Tool for EMV POS Terminal Certifications to process American Express.
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ACI Worldwide Delivers Proactive Risk Manager 8.0
ACI Worldwide has announced the launch of ACI Proactive Risk Manager™ 8.0, the latest version of its comprehensive financial crime management solution. This release includes a host of new features designed to improve enterprise-wide fraud detection, increase governance and compliance, and streamline fraud and risk analyst activities.
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