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February 28th 2014
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Visa has completed technical development of a new service aimed at detecting and preventing fraud schemes that target the use of prepaid cards.

Visa looking to enhance industry fraud detection on prepaid cards
 
Partnerships

Visa and First Data’s STAR Network have announced an agreement to share Visa’s common debit solution offering issuers, acquirers and merchants a streamlined and cost-effective approach for debit EMV chip adoption.

Visa and First Data partner on EMV common debit solution
 

TSYS has announced that it has renewed its payments agreement with Missouri-based Commerce Bank. The agreement includes renewed processing for Commerce’s consumer, commercial and retail credit card portfolios, as well as its signature debit portfolio.

TSYS expands relationship with Commerce Bank
 
VC

Pango Mobile Parking, a mobile parking payment company has closed an investment round which will provide the company with up to USD6.5million in new funding.

Pango closes USD6.5M financing round
 
New Products & Technology

Skrill is enabling its customers to use paysafecard to top up their Skrill Digital Wallets. The integration follows Skrill Group’s acquisition of paysafecard in early 2013.

Integration with paysafecard enables cash upload to Skrill digital wallet
 

Malauzai Software, a provider of mobile banking SmartApps for community financial institutions, has announced the development of a mobile banking app for banks’ commercial account holders.

Malauzai Software introduces business mobile banking app
 
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