All articles by Verdict Staff
Verdict Staff
Kazkommertsbank, Diners Club commence card business in Kazakhstan
Kazkommertsbank, an acquirer and credit card issuer in Kazakhstan, and Diners Club International, as part of Discover Global Network, have agreed to start Diners Club card business in Kazakhstan.
DCB Bank partners with GI Technology to launch mVisa in India
DCB Bank, a private sector bank in India, has teamed up with GI Technology, a Wirecard subsidiary, to help implement QR-based payment solution mVisa in India.
Walmart to extend Visa credit card ban to Manitoba
Walmart has started informing its customers that it will stop accepting Visa credit cards at its 16 stores in Manitoba, Canada, starting 24 October 2016.
Ripple raises $55m in venture funding, adds several new banks to network
Ripple, a San Francisco-based blockchain payments company, has raised $55m in a fresh round of funding from a host of major financials, and announced a series of partnerships with major global banking groups.
FastPay receives strategic investment from Citi Ventures
FastPay, a financial platform that provides credit and payment solutions to digital businesses, has received a strategic investment from Citi Ventures.
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Nets sets price range for IPO indicating marketing value of $4.8bn
Danish digital payment company Nets has announced price range for its planned IPO this month, which gives the company a valuation as high as DKK32bn ($4.83bn).
Ant Financial acquires biometric security startup EyeVerify
Ant Financial Services Group, the payments arm of Alibaba Group Holding, has snapped up biometric security startup EyeVerify for an undisclosed sum.
UnionPay International partners with NSPK for card issuance
UnionPay International and NSPK, a card payment system established by Central Bank of Russia, have signed an agreement, under which both parties will jointly promote the participating banks of NSPK to issue UnionPay-MIR debit cards.
MasterCard launches mobile app for card products
MasterCard has rolled out its mobile application for card products, as part of its commitment to keep consumer convenience at the core of the business.
Alliance Data expands instant issuance capability for EMV, private label cards
Alliance Data Systems’ card services business is set to expand its instant issuance capability to include EMV technology for co-brand cards and offer private label credit cards that can be printed on-site at retail locations.