All articles by Verdict Staff
Verdict Staff
London licences contactless ticketing system
Transport for London (TfL) has inked a £15m licensing agreement with Cubic Transportation Systems (CTS), a business unit of Cubic Corporation, allowing them to deploy TFL’s contactless ticketing system across the world.
Seamless snaps up Norways technology company MeaWallet
Seamless Distribution, a Sweden-based provider of mobile payment systems, has acquired Norwegian technology firm MeaWallet for approximately SEK42.8m.
Mobeewave partners with NXP to bring in-person money collection to OEMs globally
Canadian fintech firm Mobeewave has partnered with NXP Semiconductors to enable original equipment manufacturers (OEMs) to collect money from a contactless card or mobile wallet using a phone.
Lloyds Banking Group renews payments agreement with TSYS
Lloyds Banking Group has renewed its agreement with payment solutions provider TSYS to continue to process the banks UK commercial card portfolio.
Nearly 30% of consumers worldwide have experienced card fraud
Nearly 30% of consumers across the world have been a victim of card fraud in the past five years, according to new global benchmark data from ACI Worldwide and Aite Group.
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American Airlines renews credit card agreements with Citi and Barclays US
American Airlines Group has renewed its credit card agreements with Citigroup and Barclaycard US to extend their relationships and continue offering AAdvantage miles and other benefits to customers.
Elan Financial launches new services to control debit card spending
Elan Financial Services, a division of U.S. Bank, has introduced a suite of mobile services for financial institutions that allow cardholders to control the use of their debit card.
Samsung Pay arrives in Puerto Rico
Samsung Electronics has launched its mobile payment service, Samsung Pay, in Puerto Rico, as part of its ongoing expansion strategy.
OT partners with AFSCM to launch NFC services in France
OT (Oberthur Technologies) has teamed up with AFSCM (Association Française du Sans Contact Mobile) to introduce NFC services in France with three mobile operators, Bouygues Telecom, Orange and SFR.
The EC cracking down on money laundering
There is a common cycle in financial security. A criminal will adapt to security protocols and regulation, the regulator adapts to combat the development and this repeats ad infinitum. The European Commissions (EC) anti-money laundering (AML) division is making progress, however. Stronger rules have been released to combat new threats. Patrick Brusnahan reports