Tuxedo Money Solutions, a UK provider of payment technology and prepaid cards has teamed up with ABnote to expand its range of operations.
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ABnote, a US-based global supplier of secure documents, services and solutions, will support Tuxedo in the field of international card production.
Tuxedo CEO, John Sharman, said: "ABnote has a solid global reputation as the ‘best in class’ in the provision of international card production, including contactless technology and secure document services, such as passports, driving licences and stock certificates."
Steven Singer, chairman of the board and CEO of ABnote commented: "We are delighted to announce the affiliation with Tuxedo and look forward to utilising our experience and expertise to support it in its strategic global growth."
The markets currently targeted by Tuxedo are Australia and the US.
The company is planning to open an Australian office at the end of the first quarter of 2014 and a US office shortly after.
Tuxedo’s offering covers fully branded cards, websites and mobile apps as well as alternative online banking, virtual cards, mobile P2P payment, PoS integration and cash-back clubs.
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