All articles by Verdict Staff

Verdict Staff

RioCard, Gemalto roll out contactless ticketing wristband in Rio de Janeiro

RioCard in collaboration with digital security firm Gemalto has unveiled a contactless ticketing wristband in Rio de Janeiro, Brazil, to simplify payments and improve public transportation.

Sigue Global Services launches its remittance services into Russia and CIS

Sigue Global Services, the international affiliate of money transfer firm Sigue Corporation, has expanded the reach of its remittance services into Russia and the Commonwealth of Independent States (CIS).

Western Union income rises 9% in Q2

Western Union has posted a net income of $205.5m for the second quarter of 2016, an increase of 9% compared to $189.3m a year ago.

Coinify raises $4m investment from SEB and SEED Capital Denmark

Danish blockchain payments outfit Coinify has raised $4m in series A investment round from SEB Venture Capital, an entity within the SEB Group, and SEED Capital Denmark.

Who needs cash? Not Scandinavia

While a ‘cashless society’ is often brought up in thinkpieces and discussions worldwide, there is only one region taking the initiative with this movement. Scandinavia is closest to truly being cashless, but how is the market shaping up? Patrick Brusnahan writes on this region with help from Timetric’s research

Nearly 80% MasterCard consumers own chip-based credit cards in US

MasterCard has announced that approximately 80% of its US consumer credit cards are now equipped with chips, representing an 88% growth in chip card adoption since the 1 October 2015 liability shift started to bring EMV-secured payments to the US.

Early Warning collaborates with Visa to expand clearXchange reach

Early Warning has reached an agreement with Visa to enable person-to-person (P2P) payments on its clearXchange network through the Visa Direct platform using US-issued debit cards.

New Leaf Market selects Visa Quick Chip to accelerate chip card transactions

New Leaf Community Markets, a chain of seven grocery stores in California, has deployed Visa Quick Chip technology to speed up consumer chip card transactions.

UniCredit to divest card processing operations in Italy, Germany and Austria to SIA

UniCredit Group has agreed to divest its card processing business in Italy, Germany and Austria to SIA in a transaction valued at approximately €500m.

Payza collaborates with India’s NRGT on online payments

Payment platform Payza has partnered with India’s New RAMPgreen Technologies (NRGT) to bring local online payments to its India users.