All articles by Verdict Staff

Verdict Staff

RBI extends deadline for issuance of new chip-based debit and credit cards

The Reserve Bank of India (RBI) has extended the deadline for banks to issue new chip-based and PIN enabled debit and credit cards to 31 January 2016 from 1 September 2015.

MasterCard to launch smart cards to pay for state services in Kenya

MasterCard has secured a contract from the Kenyan government to rollout smart cards to pay for state services and disburse funds to wananchi.

Clarien Bank partners MasterCard to roll out new high tech debit card

Bermuda’s Clarien Bank has teamed up with MasterCard to unveil a new technologically advanced debit card.

BNU joins forces with UnionPay to launch triple currency credit card

Banco Nacional Ultramarino (BNU), a Macau-based bank and credit card organization, has partnered with UnionPay to introduce a triple currency credit card.

EMP launches instant card issuing service for banks

Emerging Markets Payments (EMP), an electronic payments processing company in Africa and the Middle East, has introduced its Instant Issuing Service that allows banks to issue customers with cards in-branch instantly.

Fino PayTech plans to roll out mobile wallet

Indian payments technology provider Fino PayTech is reportedly planning to launch mobile wallet or upgrade its existing app called Fino Money into a mobile wallet.

Have credit cards evolved in tandem with online retail?

Chief strategy officer at PPRO Group, Ralf Ohlhausen, reflects on the humble beginnings of the credit card and recent card payment innovation to examine whether or not it has evolved in tandem with online retail to offer the same purchase flexibility and convenience it once did. It’s all down to Push and Pull

Law firm Bryan Cave expands its payments practice in Europe

American law firm Bryan Cave LLP has said that it will expand its payments practice in Europe firm as it sees tremendous opportunity in the global payments space, particularly in the realm of mobile payments and digital/virtual currencies.

MoneyGram launches account deposit service for Honduras’ Banco de Occidente

MoneyGram has rolled out a new account deposit product that enables clients to send money directly to all Banco de Occidente accounts in Honduras.

Zumigo launches its mobile location technology in India

American mobile security firm Zumigo has launched its mobile location technology Assure Radius into the India market. The product is designed to help protect consumers, banks, and merchants in the fast growing credit, debit and mobile payments market.