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 provinces 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 worlds 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 Americas 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.
Italys government encourages the payment market
Italy is one of the worlds most developed economies, although it was affected between 2010 and 2014 by the eurozone crisis. The countrys 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.
Moroccos payments recovering post-crisis
Moroccos 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 Moroccos 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.