All articles by Verdict Staff
Verdict Staff
Chams Mobile, Skye Bank introduce virtual Visa card in Nigeria
Licensed mobile money operator Chams Mobile and Nigeria-based Skye Bank have launched the virtual Visa card in Nigeria.
Higher value purchases on tap with NFC
The contactless limit has been increased in the UK from £20 to £30. CI has gathered some comments from the industry forecasting the trajectory of contactless spend. In 2014, contactless received its biggest boost yet when major retailers came aboard and Transport for London rolled it out, so where now for Tap and Go?
Flipkart buys majority stake in payment startup FX Mart
Indian online retailer Flipkart has purchased a majority stake in payment services startup FX Mart for INR454m ($6.85m) to offer a digital wallet on its app.
WorldRemit launches online money transfers to Bosnia and Croatia
WorldRemit, a London-based online money transfer service, has introduced its remittance services to Bosnia and Croatia.
MoneyGram introduces 24-hour receive service for Chinese clients
MoneyGram has partnered with Bank of China to launch a new service that allows its Chinese customers to receive funds from around the globe at any time.
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EVO Payments acquires Citi’s merchant acquiring business in Mexico
EVO Payments International, a US-based card payment acquirer and payment service provider, has completed the acquisition of Citigroup’s merchant acquiring business in Mexico through Banco Nacional de Mexico S.A. (Banamex), a subsidiary of Citigroup.
UK contactless cards spending crosses £2.5bn mark in H1
Britons spent over £2.5bn using contactless cards in the first half of 2015, compared to £2.32bn for the whole of 2014, according to latest data from The UK Cards Association.
TMG Financial Services expands product offering
Credit card agent issuer TMG Financial Services (TMGFS) has expanded its product offering in a bid to reach diversified consumer segments.
Vernon CO Processing rolls out new online resource for credit card processing solutions
Vernon CO Processing, an online merchant solutions company based in North Carolina, has launched vemcardservices.com, its new online resource for credit card processing solutions.
Asia United Bank acquires Singapore remittance firm Pinoy Express
Asia United Bank (AUB), the banking arm of Philippines Rebisco Group, has bolstered its remittance business by acquiring Singapore-registered money transfer firm Pinoy Express.