All articles by Verdict Staff
Verdict Staff
Denmark leading the way towards cashlessness
The Danish cards and payments industry is well-developed, and Danish consumers are prolific users of payment cards. This is evident by the fact that, in 2014, the country had the highest frequency of use (transactions per card per year) in the world 173.6 transactions per card, the highest in the region
Opus Consulting launches new EMV chip-card transaction platform
Opus Consulting has launched a new EMV chip-card transaction solution, dubbed Opus EMV Transactions Accelerator.
Barclaycard opens new call centre in Ohio
Barclaycard, the payments arm of Barclays in the US, has opened a new call centre in Hamilton, Ohio bringing nearly 1,500 full-time jobs.
Turkey goes live with own card payment system
Turkey’s national payments system, which was originally launched in September 2015, has finally gone live as the country looks to become a cashless society by 2023.
Oman Arab Bank introduces corporate credit card
Oman Arab Bank (OAB) has rolled out its first corporate credit card, dubbed OAB MasterCard Corporate Credit Card, in association with MasterCard.
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Alden Credit Union teams up with TMG Financial to offer rewards credit card
US-based Alden Credit Union has collaborated with TMG Financial Services (TMGFS) to support its credit card portfolio.
Icon Solutions launches Instant Payments Framework for banks
Icon Solutions, a provider of IT payment consultancy firm, has launched Instant Payments Framework (IPF), a software product that expedites financial institutions transition to instant payments.
Veoo introduces new mobile wallet solution
Veoo, a UK-based mobile messaging solutions provider, has launched a new mobile wallet solution that will enable brands to leverage Apple Wallet and Android Pay for mobile marketing.
Paytm selects Wipro to handle core banking system of its payments bank
Indian mobile wallet and e-commerce company Paytm has selected Wipro to create technology infrastructure for its payments bank business, which is expected to be launched in the second half of 2016.
Intesa Sanpaolo to sell payment unit for $1.2bn
Italian banking group Intesa Sanpaolo has agreed to sell its payments units Setefi and Intesa Sanpaolo Card for 1.03bn ($1.2bn) to a consortium comprising private-equity funds Advent, Bain Capital and Clessidra.