All articles by Verdict Staff
Verdict Staff
ACI Worldwide opens new data centre in Limerick, Ireland
Payments specialist ACI Worldwide has opened its new European data centre in Limerick, Ireland in order to meet rising EMEA demand.
Holt’s Military Bank rolls out new debit card
Holt’s Military Bank has introduced a new Visa-branded debit card for the military and ex-military personnel in the UK.
Payments startup Affirm raises $100m from Morgan Stanley
Affirm, the company started by PayPal co-founder Max Levchin, has obtained a $100m lending facility from financial services giant Morgan Stanley.
Alliance Data renews credit card agreement with home furnishings retailer RH
Alliance Data Systems’ Ohio-based card services business has renewed a new long-term agreement to continue offering private label credit card services for Restoration Hardware (RH), a US-based home furnishings retailer.
Australia keeping things on track
It has one of the worlds most developed payment card markets, and the average number of monthly card transactions and the average annual spend per card are higher in Australia than in other mature markets such as the US, the UK, Canada and Germany. So what is the great southern land doing right?
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The immense potential of Oman
Although rising, frequency of payment card use in Oman is lower than in regional neighbours such as Israel and Saudi Arabia, but government initiatives and growing consumer interest in Sharia-compliant products are expected to increase uptake, intensify competition and lead to overall improvements in bank and issuer offerings
Cash very much in play in Pakistan
Cash is very much the dominant payment method in Pakistan, from low-value retail purchases to large-scale business transactions. Low financial inclusion levels, merchant reluctance and user surcharges mean card adoption is low, although government initiatives and alternative channels could change the picture
Paying via Chatbots
We already use a great many web services and apps to make our lives easier, yet we want things even easier still. With chatbots soon helping us to shop, this presents the payments industry with both an opportunity and a challenge, writes Ralf Ohlhausen, business development director at PPRO Group
Wirecard announces partnership with Conferma to launch virtual card
Wirecard, a German financial services and technology company, has inked an agreement with a UK-based fintech firm Conferma to release new virtual card in Asia Pacific region.
Alipay partners with payments platform Zapper in UK
Chinese online payment platform Alipay has collaborated with Zapper, a mobile payments platform, to allow Chinese tourists visiting the UK to pay using the Alipay app in more than 1,000 locations across the country.