All articles by Verdict Staff

Verdict Staff

eCurrency Mint, BRM partner to launch digital currency in West Africa

eCurrency Mint has collaborated with Banque Régionale de Marchés (BRM) to provide a digital currency in the West African Economic and Monetary Union (WAEMU).

Earthport gets approval for outbound cross border payments from RBI

British payments company Earthport has received an approval from the Reserve Bank of India (RBI) to offer outbound cross border payment services to banks in the country.

Sri Lanka’s National Development Bank inks remittance deal with HomeSend

Sri Lanka-based National Development Bank (NDB) has collaborated with HomeSend, a joint venture between MasterCard, eServGlobal and BICS, to connect its customers to broader network of money transfer services.

Walmart adds Chase Pay as additional payment option

Retail giant Walmart and Chase, the consumer and commercial banking business of JPMorgan Chase, have signed an agreement under which the retailer will add Chase Pay as an additional payment option.

Linxens snaps up Smartrac’s Secure ID & Transaction business

Linxens, a French manufacturer of micro-connectors for smart cards, has purchased Smartrac’s Secure ID & Transaction (SIT) division, a maker of Radio-frequency identification (RFID) products, for an undisclosed amount.

Simon launches new Visa-branded gift card

Simon Property Group, a retail real estate ownership, management and development firm, has rolled out its 5% Back Visa Simon Giftcard.

UnionPay expands card acceptance in Italy

UnionPay International and Italy-based ICCREA Banking Group (ICCREA) have signed an agreement under which ICCREA’s merchants will accept UnionPay card in the country.

Swiss government looks to ease rules for fintech startups

The government of Switzerland has proposed a new regulatory regime for financial technology firms to enhance competition in the country’s financial sector.

Cox & Kings forays into money transfer business in India

Travel group Cox & Kings has partnered with financial services firm UAE Exchange India to provide inward remittance and domestic money transfer services in India.

Net1 obtains AEMI licences in UK and Malta

Net 1 UEPS Technologies, a South Africa based provider of alternative payment systems, has received Authorised Electronic Money Institution (AEMI) licence in the UK and Malta.