All articles by Verdict Staff

Verdict Staff

Gyft reveals details of card security breach

Digital gift card service Gyft has revealed details about a security breach that may have compromised personal details and gift card numbers of its customers.

Card spending worldwide to reach $48.67 trillion by 2024: Report

Purchase of goods and services through credit, debit, and prepaid cards across the globe is anticipated to reach $48.67 trillion by 2024, according to the latest issue of The Nilson Report.

Vantiv rebrands Mercury and Element as Vantiv Integrated Payments

Vantiv, a provider of payment processing services, has decided to combine its subsidiaries – Mercury Payment Systems and Element Payment – into one company under Vantiv Integrated Payments brand.

Visa rolls out new platform for software application developers

Visa has rolled out a new open platform that allows software application developers to access its payments technology, products and services.

Paytm to hire 3,000 for its payments bank

India-based mobile payment platform Paytm is set to hire about 3,000 employees for its new payment bank operations.

China extends cap on insurance products purchase to Visa, MasterCard

China has imposed restriction on purchases of insurance products in Hong Kong through Visa and MasterCard in a bid to control capital outflow from the country.

Stellar, Oradian partner to launch money transfer network in Nigeria

Stellar.org, a Silicon Valley-based non-profit foundation, has partnered with Oradian, a company that sells cloud-based software to micro finance institutions (MFIs) in developing countries, to launch a payment transfer network in Nigeria.

Worldcore unveils new voice biometrics authentication feature

Worldcore, a Czech Republic -based online payment service provider, has introduced a new voice biometrics authentication feature called VoiceKey.

SunTrust Banks launches fintech business line

US-based SunTrust Bank has launched a new payments & technology industry specialty in commercial and business banking.

U.S. Bank offers small businesses access to Mastercard’s Business Network

U.S. Bank has become the first bank in the US to facilitate small business owners with access to MasterCard’s Business Network in a customized website.