All articles by Verdict Staff

Verdict Staff

Mike Laven, Currency Cloud: Instant payments, fintech collaboration and big data = big news in 2016

In the last year, FinTech has moved from an industry niche, to an established and undeniable ‘movement’ that is attracting national news headlines on an almost daily basis.

Network International selects Quisk to launch mobile-free payment service in UAE

Network International, a payment solutions provider in the Middle East and Africa, has selected payments technology company Quisk’s new cashless, cardless and mobile-free payment solution to perform payment transactions without the use of cash, cards or their mobile phones.

Credit Union Central of Manitoba selects Everlink for card issuance solutions

Credit Union Central of Manitoba (CUCM), the trade association and service provider for the province’s 34 autonomous credit unions, has selected Everlink Payment Services to deliver enhanced card issuance solutions to eight Manitoba credit unions.

The US expands its large payment market

The US has the world’s largest payments market, as well as one of the highest levels of card penetration. In 2014, the US accounted for 86.6% and 88.2% of North America’s transaction value and volume respectively. However, the cheque market is slowly falling in the US, as it is in many areas across the globe

Nominations open for the CXFS Asia Awards 2016

The Customer Experience in Financial Services (CXFS) Asia Awards, hosted by Timetric, returns for a second year in 2016.

Italy’s government encourages the payment market

Italy is one of the world’s most developed economies, although it was affected between 2010 and 2014 by the eurozone crisis. The country’s real GDP growth declined from 1.7% in 2010 to -0.4% in 2014. The economy is expected to stabilise, with GDP growth rising from 0.6% in 2015 to 1.1% in 2019

Doha Bank unveils new mobile POS solution

Doha Bank has rolled out a new mobile point-of-sale (POS) solution that allows merchants across Qatar to accept credit and debit card payments using a smartphone.

Morocco’s payments recovering post-crisis

Morocco’s economy was adversely affected by the financial crisis. However, domestic demand for goods and services, driven by a fiscal policy to push stimulation and the protection of purchasing power, helped to sustain non-agricultural activities and was an engine of growth for Morocco’s payments industry

Bank Indonesia delays launch of chip-technology debit cards until 2021

Bank Indonesia has delayed the implementation of national standard chip and online six-digit PIN technology schedule until 2021.

PayPoint divests online payment businesses to Capita

PayPoint has agreed to sell its online payment businesses to business services firm Capita for a cash consideration of £14m.