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NEWS DIGEST: Processing joint venture formed in Brazil.
(From Electronic Payments International)
Fidelity National Information Services (FIS), a US company providing financial processing and outsourcing services, Brazil's Bradesco and Banco ABN AMRO Real, the Brazilian unit of Dutch bank ABN AMRO, agreed in March to form a joint venture company to provide outsourced credit and prepaid card processing services to Brazilian card issuers, as well as processing and services for Visa Vale, a provider of prepaid meal vouchers in Brazil.
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