All articles by Verdict Staff

Verdict Staff

UK, Singapore form first ever ‘fintech bridge’

Britain and Singapore have launched the first fintech bridge that will allow fintech firms and investors in the two countries to access each others’ markets.

DIMOCO snaps up Italian m-payment firm Onebip

DIMOCO, a payment institute for carrier billing services, has acquired Onebip, an Italian mobile payment company specialising in direct carrier billing services, from its former shareholder Neomobile.

Barclays provides funding to fintech firm AccessPay

Barclays has provided a £1m loan to Manchester-based fintech firm AccessPay to help it explore further growth opportunities.

Brazil’s digital challengers ramp up the competition

Brazilian digital-only start-up Banco Original and mobile-only credit card issuer Nubank hope to benefit from Brazilians’ love affair with smartphones and challenge incumbent players. These new entrants are disrupting the status quo and giving the big banks something to worry about. Robin Arnfield reports

Canada’s five major lenders sign up for Apple Pay

Interac Association/Acxsys Corporation (Interac), a domestic debit network in Canada, has announced that the customers with Interac debit cards issued by RBC and CIBC can now make purchases with Apple Pay.

Walmart files lawsuit against Visa over chip-card transactions

Walmart has filed a lawsuit at the New York Supreme Court against Visa for forcing the retailer to allow customers to verify chip-enabled debit card transactions with a signature instead of a PIN.

Three billion contactless payments were made across Europe in one year: Visa

More than three billion contactless card transactions were made across Europe in the last one year, according to figures released by Visa Europe.

Jet Airways, Eastern Bank unveil co-branded credit card in Bangladesh

India-based Jet Airways has launched co-branded credit card in Bangladesh in collaboration with Eastern Bank and Visa.

KCB Bank, GoSwiff launch mobile payments in Rwanda

Kenya-based KCB Bank and GoSwiff, a Singapore-based payment acceptance solutions provider, have launched a mobile payment solution (mPOS) for Rwandan merchants.

Seamless receives approval to issue electronic money in Europe

Swedish m-commerce software firm Seamless has received authorisation from the country’s financial supervisory authority Finansinspektionen to issue electronic money within the entire European Union /European Economic Area region.