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Federal Reserve appeals ruling on card swipe fees 22 Aug 2013 | 11:05 pm
Federal Reserve appeals ruling on card swipe feesThe US Federal Reserve (the Fed) has filed an appeal in the hope of overturning Judge Richard Leon’s ruling that the 2010 cap on interchange fees was s...
Vodafone and ICICI Bank bring M-Pesa to Delhi 22 Aug 2013 | 11:04 pm
Vodafone and ICICI Bank bring M-Pesa to DelhiVodafone and ICICI Bank have announced the launch of mobile money transfer and payments service M-Pesa in Delhi. The technology will equip customers with t...
Zipmark for mobile payments shakes up US renting practices 22 Aug 2013 | 11:04 pm
Zipmark for mobile payments shakes up US renting practicesZipmark, a mobile payments company, has partnered with RE/MAX Executive Realty to allow US tenants to pay their rent via digital cheque.Tenant...
Ten million SASSA MasterCard Cards issued to South African social grant beneficiaries 22 Aug 2013 | 05:00 am
Ten million SASSA MasterCard Cards issued to South African social grant beneficiariesMasterCard and the South African Social Security Agency (SASSA) have announced that there are 10 million active SAS...
Visa's NFC spending grows five-fold in 12 months 22 Aug 2013 | 05:00 am
Visa’s NFC spending grows five-fold in 12 months UK consumers have made 51 million contactless purchases in the last 12 months, according to figures released today from Visa Europe. The monthly contac...
FCA seals redress package for consumers mis-sold CPP insurance products 22 Aug 2013 | 05:00 am
FCA seals redress package for consumers mis-sold CPP insurance productsThe Financial Conduct Authority (FCA) has reached an agreement with Card Protection Plan (CPP) and 13 high street banks and credi...
Lloyds announces £500 million asset sale 21 Aug 2013 | 10:15 pm
Lloyds announces £500 million asset saleLloyds Banking Group has informed investors that it will raise approximately £500 million from the sales of its German life insurance business and a portfolio o...
Reserve Bank of India buys government bonds to save banks' valuations 21 Aug 2013 | 10:15 pm
Reserve Bank of India buys government bonds to save banks’ valuationsThe Reserve Bank of India announced that it would buy Rs 80 billion ($1.2 billion) worth of long-dated government bonds to ease pre...
£4.5 million for Commonwealth Bank CEO after record earnings 21 Aug 2013 | 08:51 pm
£4.5 million for Commonwealth Bank CEO after record earnings It has been reported that the Commonwealth Bank of Australia paid CEO Ian Narev AU$7.8 million (£4.5 million) in its last business year, a ...
Virgin Money builds an executive team for the future 21 Aug 2013 | 08:50 pm
Virgin Money builds an executive team “for the future”Virgin Money has announced that it will further strengthen its executive team through the appointments of Lee Rochford as Chief Financial Officer ...
