All articles by Verdict Staff

Verdict Staff

One-third of all card-present transactions use EMV chip technology: EMVCo

A third of all card-present transactions made across the globe between July 2014 and June 2015 utilised EMV chip technology, according to a report by technical body EMVCo.

Prime Bank rolls out corporate credit card

Bangladesh-based Prime Bank has launched a corporate credit card, known as Business World MasterCard.

Micromax to launch smartphone-based payments solution in India

Micromax Informatics has joined forces with TranServ, a mobile payments company, to launch a smartphone-based native payments solution in India.

Credibly inks strategic partnership with JetPay Payment Services

Lending platform provider Credibly has entered into a strategic partnership with JetPay Payment Services, a division of JetPay.

Thomas Cook partners with ItzCash to offer remittance services in India

Travel services provider Thomas Cook India has partnered with digital payments solution provider ItzCash to offer remittance services to unbanked segment in India.

Erste Bank Hungary secures approval to buy Citibank Hungary’s retail business

Erste Bank Hungary and its subsidiary Erste Befektetesi have received the green light from Hungarian Competition Authority and the National Bank of Hungary to acquire Citibank’s retail arm in Hungary.

DED, DIB, Visa collaborate to launch Consumer Card

Dubai’s Department of Economic Development (DED) has partnered with Dubai Islamic Bank (DIB) and Visa to introduce the Consumer Card.

Redstone Federal Credit Union chooses TMG as card processing partner

Redstone Federal Credit Union, a credit union headquartered in Alabama, has selected TMG (The Members Group) as its credit card processing partner.

Sumitomo Mitsui Trust Club becomes issuer and acquirer of Diners Club cards in Japan

Sumitomo Mitsui Trust Club, a subsidiary and one of the group companies of Japanese lender Sumitomo Mitsui Trust Bank (SuMi TRUST), has become the exclusive issuer and acquirer of Japan’s Diners Club cards for Diners Club International.

JCBI, Agribank launch Agribank JCB Credit Card

JCB International (JCBI), in partnership with Vietnam Bank for Agriculture and Rural Development (Agribank), has launched the Agribank JCB Credit Card.