All articles by Verdict Staff
Verdict Staff
Paytm taps Infosys Finacle to power its payments bank business
Indian mobile wallet company Paytm has selected Infosys Finacle, a wholly-owned subsidiary of IT major Infosys, to power its new payments bank business.
FairFX extends its services into South Africa
Multi-currency payments service FairFX has expanded its international payments service into the domestic South African market through a tripartite deal with Morgan West and Mercantile Bank.
Simple expansion in the BBVA family
Founded in 2009 and launched commercially in July 2012, Portland, Oregon-based mobile banking services provider Simple is looking to demonstrate just how many services direct banks can offer with only a smartphone and no branches. Robin Arnfield finds out more about this purely digital offering
Focus POS, Sterling Payment collaborate to offer EMV solution to hospitality industry
Focus POS, a provider of restaurant point of sale software, has partnered with Sterling Payment Technologies to offer an EMV solution to businesses in the hospitality industry.
U.S. Bank adds Android Pay, Samsung Pay support to MasterCard cardholders
U.S. Bank has enabled its MasterCard cardholders to use the mobile payment services Android Pay and Samsung Pay, which were earlier available to Visa-branded cardholders only.
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Alliance Data, Bed Bath & Beyond to launch co-branded credit card
Alliance Data Systems’ Columbus, Ohio-based card services business and Bed Bath & Beyond, a retailer selling a wide assortment of domestic merchandise and home furnishings, have entered into a long-term agreement to develop a co-brand credit card programme.
Globe Telecom partners with Fortumo for direct carrier billing
Globe Telecom has partnered with Fortumo, an Estonia-based mobile payments company, to introduce enhanced direct carrier billing in the Philippines.
ACI Worldwide, Raphaels Bank announce partnership for Faster Payments scheme access
ACI Worldwide, a provider of real-time electronic payment solutions, has partnered with Raphaels Bank to enable payment service providers (PSPs) and challenger banks to access UK Faster Payments Scheme.
Western Union goes to Cuba
Global payments firm Western Union has launched mobile and online money transfers to Cuba via Western Union app and wu.com in the US.
China opens up credit card clearing market for foreign bank card companies
The People’s Bank of China has formally opened its CNY55 trillion ($8.4 trillion) credit card clearing market for foreign bank card companies.