All articles by Verdict Staff
Verdict Staff
Banks must prioritise technology-focused strategies: BNY Mellon report
As a multiplicity of new payment capabilities come to the fore, banks need to prioritise venture capital investment, accelerator programmes and focus on the deployment of new technologies through allegiances with fintech firm to cope up with the drastic technological change in the payments industry, according to a new report from BNY Mellon.
Polymath launches prepaid card fees simulator
I am obliged to David Parker, the founder and CEO of Polymath Consulting, and a longstanding friend of CI, for giving us a preview of his firms new Consumer Card Fee Simulator for Issuers, Processors, Programme Managers and Brands looking to launch prepaid cards in the UK and Italy.
Inter-bank transaction volume by UnionPay cards during national day holiday reaches CNY646.9bn
The total volume of inter-bank transaction by UnionPay cards during Chinas National Day Holiday of 2015 stood at CNY646.9bn, with a year-on-year growth of 25.4%, according to data published by China UnionPay.
Amex provides Hilton HHonors Gold Status to platinum card members
American Express (Amex) has signed a global agreement with Hilton Worldwide to provide consumer, corporate and OPEN platinum card members complimentary Hilton HHonors Gold Status.
paysafecard launches in Kuwait
paysafecard, an Austria -based provider prepaid payments solutions, has expanded its presence in the Middle East region by launching its operations in Kuwait.
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VTB Bank launches contactless payment app Mobile pay in Georgia
VTB Bank has partnered with VISA international to launch a new contactless payment app called, Mobile pay, in Georgia.
LINE partners with CyberSource to extend its mobile payment services in Thailand
Mobile messaging app company LINE Thailand has collaborated with CyberSource, a Visa company, to enable mobile payments for its users on LINE Pay, the app’s mobile payment service.
Pure Minutes selects Mobetize for mobile wallet solution
Pure Minutes, a provider of mobile phone payment services for mobile carriers in the US, has selected Mobetize, a provider of mobile commerce payments platforms, to deliver mobile wallet and financial services to its customers.
Fifth Third Bank partners with Bottomline for electronic payment services
US-based Fifth Third Bank has formed a strategic partnership with Bottomline Technologies, a provider of cloud-based payment, invoice and digital banking solutions, to offer electronic payment services to its business customers.
TPBank overhauls card solution and payments systems with BPC’s SmartVista
Vietnamese lender TienPhong Commercial Joint Stock Bank (TPBank) has opted for BPC Banking Technologies’ SmartVista to replace its existing card solution and payments systems.