All articles by Verdict Staff
Verdict Staff
HomeSend partners with Hello Paisa to launch remittance service in South Africa
HomeSend, a JV between MasterCard, eServGlobal and BICS, has partnered with Hello Paisa, a South African money transfer operator, to offer remittance services for users in South Africa.
Avidia Bank offers Apple Pay to enhance payment experience for card holders
Avidia Bank has joined forces with tech giant Apple to offer Apple’s payments platform Apple Pay to the bank’s credit and debit card holders.
GTBank launches new payment service in Nigeria
Guaranty Trust Bank (GTBank) has launched a new payment solution that enables customers receive Western Union funds directly into their GTBank account via any of the bank’s ATMs in Nigeria.
Bank Hapoalim, Bank Leumi forced to sell credit card operations
Israel’s Bank Hapoalim and Bank Leumi are set to offload their credit card operations, as part of a shake-up plan announced by the Israeli government to boost competition in the banking sector.
Terrorist Financing and Prepaid Cards: Ban Them!
The hysteria has started, the knee jerk reactions can be seen. The terrorists in France used prepaid cards so all prepaid cards should be banned or at the very minimum KYC done on people who get them. Of course we have not been told if these cards were even issued in the EU, or if they were full KYC or SDD cards writes David Parker
Argentina bringing people into the fold
The Argentinian government is making great strides in bringing the unbanked population of the country into the system. This has driven the demand for payment cards and increased the size of the Latin American countrys retail and e-commerce markets. Can it keep growing at this rate and remain sustainable?
Germany preparing for interchange change
While Germanys card market is one of the strongest Europe, it is set to face one of its biggest challenges: the new interchange fee cap. Will companies, such as Girocard with its debit card stronghold, be able to keep up with the changing regulation incoming or will e-commerce have to pick up the pieces?
UnionPay launched QuickPass in Beijing
UnionPay International has launched its QuickPass mobile payment service in Beijing in collaboration with more than 20 commercial banks.
BBVA Compass ties up with eCredable to offer credit cards to credit invisible customers
BBVA Compass has partnered with alternative credit agency eCredable on a pilot program that will offer credit cards to credit invisible consumers with little credit history with traditional reporting agencies.
UK card spending surges to £566bn in 2014: The UK Cards Association
The UK consumer spending using cards has increased to £566bn in 2014 from £270bn in 2005, according to a report from The UK Cards Association.