All articles by Verdict Staff

Verdict Staff

MasterCard offers Masterpass on AXS internet and mobile app

MasterCard is providing its digital payment service Masterpass on AXS e-Station and AXS m-Station that allows users to execute online transactions conveniently.

Mahindra Comviva releases enhanced version of its mobile wallet solution

Mahindra Comviva, a provider of mobility solutions, has released the new and upgraded mobiquity Wallet 2.0 to enable digital wallet providers to adapt quickly to changing customer needs and regulatory expectations.

South African lender Absa introduces Masterpass digital wallet

South African financial services giant Absa has launched MasterCard’s digital payment platform Masterpass to enable its clients to make online payments via a virtual wallet.

Apple Pay now available in France and Hong Kong

Tech giant Apple has launched its mobile payment system Apple Pay in France and Hong Kong. The service is now available in eight countries.

Wirecard partners with Ingenico to form payment alliance in Indonesia

Wirecard has collaborated with Ingenico, a contactless payment provider, to establish a payment alliance in Indonesia, through their respective subsidiaries, PT Ingenico International Indonesia and PT Prima Vista Solusi.

Synchrony Financial, Cathay Pacific Airways to launch new credit card for US travellers

Synchrony Financial, a consumer financial services company, has signed an agreement with Cathay Pacific Airways to launch a new co-branded Visa credit card for US travellers in the first quarter of 2017.

UBA announces Pan African partnership with MasterCard

United Bank Africa (UBA) and MasterCard have announced a partnership, pursuant to which the bank will serve as the issuer for MasterCard in 18 new markets in Africa.

Total Merchant Services launches cloud-based payment solutions

Total Merchant Services has introduced Groovv Online Payments, a secure, cloud-based solution that allows omni-channel payment acceptance for small businesses.

Vietnam looking to inspire engagement

A large rural population means financial inclusion and payment card uptake are low in Vietnam. Nearly half of cards issued are dormant, and most of the rest are only used for cash withdrawals. The government’s key priority is microfinance, through which it aims to improve consumer awareness of financial services

Banks not prepared to retain control of international payments: Bain

Banks that cannot overcome technical, adoption hurdles of digital currency stand to lose out on $150-200 billion in revenue, according to a new report by management consulting firm Bain. The biggest areas of opportunity remain in cross-border payments and trade finance.