All articles by Verdict Staff

Verdict Staff

Visa opens innovation centre in Singapore

Visa has opened its first innovation centre in Singapore, as part of its strategy to foster collaborative payment innovation on a global scale.

MasterCard unveils new solution to speed up EMV transactions

MasterCard has introduced a new solution, known as M/Chip Fast, to help speed up EMV transactions and shoppers through checkout lines.

ANZ embraces Apple Pay

Australian lender ANZ has signed a deal to offer Apple’s mobile wallet service Apple Pay to its five million customers.

PayPal net income surges 43% in Q1

Payments giant PayPal has posted a net income of $365m for the first quarter of 2016, a surge of 43% compared to $255m a year ago.

Payments innovation– what’s in-store?

Sascha Breite, head of Future Payments at SIX Payment Services, sheds a little light on innovation from a merchant’s perspective. What if the consumer was more involved in the value chain- is there a proposition that benefits consumer and merchant alike? And what about QR codes, is there life in that old dog yet?

Saudi’s card and payments market soars

Another market with a government drive to encourage cashless payments, Saudi Arabia has seen POS transactions almost triple in value since 2010. EMV-enabled cards and a rise in e-commerce have also fuelled the payment market’s growth. With an appetite for new technology, it is set to grow further

A third of Brits believe cash will be extinct within 15 years

One-third of British people believe that cash will be extinct within the next 15 years, according to a study by media agency Starcom.

Tutuka taps Proxama’s cloud-based payment solution

Prepaid card processor Tutuka has implemented Proxama’s Digital Enablement Platform (DEP) to offer a fully independent cloud-based payment solution in the Middle East, Asia and Africa.

PAYBACK unveils digital card

German coalition loyalty program PAYBACK has unveiled a new mobile shopping option, a digital card, for its customers.

Ant Financial Services raises $4.5bn in fresh funding round

Ant Financial, an affiliate of e-commerce giant Alibaba that operates Alipay, has raised $4.5bn in a Series B funding round from a clutch of investors.