All articles by Verdict Staff
Verdict Staff
MasterCard faces £14bn claim for overcharging swipe fees in UK
MasterCard has been sued for £14bn ($18.72bn), the biggest legal claim in British history, for imposing illegal card charges that were ultimately borne by 46 million UK consumers.
JCB to bring Apple Pay in Japan
Japan-based card company JCB is set to offer Apple Pay when it launches in October this year.
Westpac repays $15m in credit card foreign transaction fees to Australian consumers
Westpac has recently reimbursed nearly AUD20m ($15.25m) to approximately 820,000 customers for failing to clearly mention the types of credit card transactions that attract foreign transaction fees for Australian dollar transactions.
JetPay, Womply to offer merchants transactional insights
JetPay Corporation, the US card and payments processor, has partnered with Womply to launch a new platform that will offer merchants transactional insights of their business through advanced analytics.
TransferWise launches money transfer service to Japan
UK-based TransferWise has rolled out its peer to peer (P2P) international money transfer service in Japan.
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Apple Pay to arrive in Japan
Tech giant Apple has unveiled plans to introduce its mobile payment system Apple Pay in Japan with the launch of iPhone 7, iPhone 7 Plus and Apple Watch Series 2.
Card schemes dominating on social media
Putting some big banks to shame, card companies such as Visa and MasterCard are ranked very highly on CIs social media rankings.
OT, Toppan unveil new generation of powered cards in Japan
Oberthur Technologies (OT), a French provider of embedded security software products and services, has teamed up with Japanese printing firm Toppan to launch a new generation of powered cards in Japan.
MasterCard signs partnership with Malaysia Retail Chain Association
MasterCard has entered into a five-year strategic collaboration with the Malaysia Retail Chain Association (MRCA) to bring latest payment technology to 310 retail chain operators and 20,000 outlets across Malaysia.
Chase adds Android Pay support for Visa cardholders
Chase, the US consumer and commercial banking business of JPMorgan Chase & Co, has added Android Pay support for its Visa cardholders.