All articles by Zak Garner-Purkis
Zak Garner-Purkis
MasterCard and Telefónica partner on prepaid mobile service
Mobile operator Telefónica and MasterCard have partnered on a prepaid mobile phone service in Brazil. Launching in April 2013, the prepaid scheme is the first product from the company’s joint venture MFS and will target the countries unbanked.
Seven arrests in Australias largest credit card theft
The Romanian criminal syndicate allegedly behind the largest credit card fraud in Australian history has been broken up by an international police force. Seven people in the eastern European country were charged in relation to a scheme that gained access to 500,000 Australian credit cards.
China Unicom and China Merchants Bank launch NFC m-wallet
Telco China Unicom and China Merchants Bank have partnered on the release of a mobile wallet service for NFC enabled phones. The company made the announcement via the Chinese micro-blogging website Weibo.
5.7m Cielo Premia transactions in first half of 2012
Brazilian based merchant acquirer Cielo and French loyalty scheme provider Welcome Real-time have released performance figures for their joint rewards product; Cielo Premia. The scheme, which is used by over 58,000 Cielo merchants in Brazil, processed 5m transaction in 2011 and 5.7m in the first half of 2012.
EZ-Link Amex prepaid card launches in Singapore
EZ-Link has partnered with American Express (Amex) and Yalamanchili on a new contactless prepaid card aimed at young people in Singapore.
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Visa partners with RBS for V.me in the UK
Visa Europe has partnered with RBS for the UK launch of its digital wallet V.me. A trial is currently underway for RBS and Natwest customers ahead of a full roll out in spring of 2013.
Natural Security pilots fingerprint payment with Discover
French authentication technology provider Natural Security is piloting a fingerprint authentication solution with US company Discover Financial Services.
Lenlyn Holdings acquires majority stake in Payment Card Technologies
Private foreign exchange company Lenlyn Holdings has acquired the majority stake in Payment Cards Technologies (PCT), a reloadable prepaid card provider.
JCBI enters Myanmar card market
Japanese credit card issuer JCB International has signed a memorandum of understanding (MOU) with Myanmar Payment Union (MPU), the countrys payment network.
TrustATrader and Payatrader partner to offer low cost processing
UK directory service TrustATrader has partnered with alternative payment service provider Payatrader.com to offer a low cost credit and debit card processing service to its members.