All articles by Verdict Staff

Verdict Staff

Ingenico introduces new contactless card reader for EMV payment

Ingenico Mobile Solutions, a mobile point of sale (mPOS) division of Ingenico Group, has released a Bluetooth-enabled mPoS card reader that accepts EMV chip and sign as well as magstripe transactions.

PayPal registers 7% rise in Q3 net income

Payments giant PayPal has reported a net income of $323m for the third quarter of 2016, an increase of 7% compared to $301m a year ago.

MoneyGram introduces new payment solution

Payment services provider MoneyGram announced that its MoneyGram Kameleon platform is now available to all retailers, financial service providers and telcos in the US.

Tieto launches new payment solution for Russian Standard Bank clients

Tieto, a Finland-based IT services firm, has launched a new payment solution that will allow Russian Standard Bank customers to use their Samsung Pay wallet at MasterCard contactless POS terminal.

R3, 12 banks trial Ripple’s cross-border payments technology

Distributed ledger technology firm R3 and 12 of its consortium banks are trialling Ripple’s native digital asset, XRP, for interbank cross-border payments.

Allstate partners with MasterCard for new instant claims payment method

Allstate, a US-based property and casualty insurer, has partnered with MasterCard to create a new payment platform, QuickCard Pay, for instant claim disbursal.

Visa announces partnerships for P2P payments and real-time funds disbursements

Visa announced that it has partnered with FIS and Jack Henry & Associates (JHA) to leverage its card-based payment platform Visa Direct for person-to-person (P2P) payments.

Consumers ready to use more security measures to avoid online fraud

Consumers in the US are keen to use more security measures in order to prevent online fraud as a result of the increasing e-commerce, according to a new report by American Express (Amex).

UnionPay expands card acceptance in Germany

UnionPay International has teamed up with two acquirers in Germany, B+S Card Service and CardProcess, to enable local merchants to accept UnionPay cards in the country.

BNP Paribas and Credit Mutuel to merge their digital wallets

A pair of digital wallets backed by French banking groups BNP Paribas and Credit Mutuel are set to merge into a unified platform.