All articles by Verdict Staff
Verdict Staff
Interac debit card fraud losses drop to $11.8m in 2015
Interac debit card fraud skimming losses have declined from $16.2m in 2014 to a low of $11.8m in 2015, according to Interac Association report.
JetPay agrees to merge with CollectorSolutions
JetPay, a US-based card and payments processor, has agreed to merge with locally-based CollectorSolutions (CSI) to add nearly $700m of credit and debit card processing volume to the firm.
UnionPay, DHgate sign agreement for cross-border online business
China’s UnionPay has signed an agreement with locally-based e-commerce firm DHgate on cooperation in cross-border online business.
JCB starts merchant acquiring operations in Azerbaijan
JCB International (JCBI), the international operations unit of Japanese credit card issuer and acquirer JCB, has launched JCB merchant acquiring operations in Azerbaijan with the International Bank of Azerbaijan (IBA).
Paysafe expands remittance partnership with HomeSend
Payment services provider Paysafe has entered into a global agreement with HomeSend, a joint venture between MasterCard, eServGlobal and BICS, to offer enhanced international transfer options for its NETELLER and Skrill services.
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simPRO partners with IntegraPay to launch simPRO Payments
IntegraPay, a provider of integrated payment solutions, has partnered with simPRO, a provider of job management software, for global launch of simPRO Payments.
UK contactless spending trebles in 2015
The latest data from The UK Cards Association revealed that spending on contactless cards rose more than three-fold in 2015 to reach £7.75bn.
Sweden keeps innovating
When looking at the financial sector in Sweden, innovation is always at the forefront of ones mind. As the central bank of Sweden tries to tackle deflation through consumer spending, new technology has a big part to play through contactless technology, rising e-commerce levels, and a robust retail sector
China UnionPay, Visa join forces on payment security
China UnionPay (CUP) and Visa have inked a memorandum of understanding (MOU) in Shanghai to partner on payments security, innovation and financial inclusion.
TSYS, Ethoca collaborate to combat card fraud
Payment solutions provider TSYS has partnered with Ethoca to enable card issuers and ecommerce merchants to stop card-not-present fraud.