All articles by Verdict Staff

Verdict Staff

Europe contactless card payments volume surges 155% in 2014: RBR

The total volume of contactless card transactions in Europe increased 155% to 1.4 billion in 2014, according to a report published by Retail Banking Research (RBR).

Visa Q1 net income surges 23%

Visa has reported a net income of $1.94bn for the first quarter of fiscal year 2016, an increase of 23.5% compared to $1.57bn a year ago.

Vocalink signs contract with Yourcash for ATM processing in Belgium, Netherlands

VocaLink, a UK-based payment systems provider, has entered into a three-year agreement with ATM provider YourCash to manage ATM processing in the Netherlands and Belgium.

NXSystems rebrands as MiFinity Payments

NXSystems, a payments provider serving the travel, hospitality and gaming industries, has renamed itself as MiFinity Payments as part of the company’s restructuring and expansion plan.

WorldRemit expands reach to Rwanda, Uganda and Zambia

WorldRemit has said that its customers across the globe can now send money instantly to MTN Group’s Mobile Money wallets in Rwanda, Uganda and Zambia.

EPS acquires 100% stake in CISB ATM Services

Electronic Payment And Services (EPS) has acquired 100% stake in CISB ATM Services from CIS Bureaus Facility Services (CISB), thereby making it a wholly-owned subsidiary of EPS.

Prepaid Financial Services launches MasterCard prepaid cards for asylum seekers in Europe

Prepaid Financial Services (PFS), a London-based e-money provider specialising in prepaid card issuing, has rolled out a national government payment card programe for asylum seekers across the EU.

Pennsylvania Credit Union Association selects PSCU for credit and debit card services

The Pennsylvania Credit Union Association (PCUA) has signed a deal with PSCU, Florida-based credit union service organization, under which PSCU will offer credit and debit card services to the association.

ANZ Bank to accept UnionPay cards in New Zealand

UnionPay International has inked a deal with ANZ Bank under which the bank will enable UnionPay card acceptance at its ATMs and POS networks across New Zealand.

Discover Financial net income surges 24% in Q4

American card issuer Discover Financial Services has posted a net income of $500m or $1.14 per diluted share in the fourth quarter of 2015, an increase of 23.7% compared to $404m or $0.87 per diluted share in the year-ago quarter.