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Monitise announced that it has entered into an agreement to acquire Clairmail for $173 million.

Currently, the combined businesses provide world-leading mobile money services to 13m registered end consumers via some of the world’s leading financial institutions such as the Royal Bank of Scotland Group, two of the largest card issuers in the US, Lloyds TSB, PNC Bank, U.S. Bank and Fifth Third Bank among others. Together the combined technology platforms process billions of transactions a year and over US$10bn of payments and transfers on a current weekly annualised basis.

On the web:

• PayPal to team up with Russian Post - The Moscow News
• Square Card Case is Now an Improved 'Pay with Square' - CNET News
• Groupon buys 'FeeFighters' to Support Merchant Community - VentureBeat
• NFC Software And Reader Developer ViVOtech Raises More Cash - TechCrunch
• Is the Internet the World's Largest Crime Scene? - Portals and Rails
• Bitcoin Doesn't Need a Dongle - Forbes

On the wires:

• iovation and TeleSign Pair Device Reputation Management With Intelligent Authentication to Fight Online Fraud
• Super Sprowtz to Offer Virtual Piggy as Secure E-Commerce Solution for Online Checkout
• Seamless: SEQR will be part of Sweden’s largest POS system, Extenda