All articles by Verdict Staff

Verdict Staff

Target’s $19m data breach settlement with MasterCard thwarted

Target’s proposed $19m settlement with MasterCard over the retailer’s data breach in 2013 has been voided as it did not receive enough support from the affected banks and credit unions.

Bank of India, MasterCard launch new cards and banking solutions

Bank of India (BOI) has partnered with MasterCard to launch three new cards and two new banking solutions for card holders.

BMO Bank of Montreal rolls out new BMO CashBack World Elite MasterCard

BMO Bank of Montreal has rolled out a new BMO CashBack World Elite MasterCard that offers a 1.75% base earn rate on all purchases.

Retail technology’s impact on banking services

The retail industry is affecting everything around it, from banking to information and communication technology. The increased adoption of mobile devices, which shows no sign of slowing down, and the emergence of new payment solutions are forcing a re-evaluation of technology. Patrick Brusnahan writes on MasterCard’s report on this trend

Bigcommerce partners with Braintree, PayPal for payment processing

Bigcommerce, an Australian-based ecommerce platform, has partnered with Braintree and PayPal to offer seamless payment processing for small and mid-sized retailers.

Postbank, Worldline launch HCE pilot project

Germany-based Postbank is testing a new mobile mobile payment service that uses Worldline’s NFC Mobile Payments (HCE) technology.

Transfast launches mobile payments service to Pakistan

Transfast, a provider of cross-border payments solutions, has partnered with nine banks in Pakistan and launched its mobile and online funds transfer service to the country.

India, South Africa to introduce BRICS business travel card

India and South Africa have agreed to launch a BRICS business travel card to ease up business travel between member countries.

Danske Bank to deploy Zwipe biometric credit cards

Denmark-based Danske Bank is planning to launch biometric credit cards developed by Norwegian firm Zwipe by the end of this year.

SBI partners with PayPal for cross-border payments

State Bank of India (SBI) has teamed up with digital payments firm PayPal to allow its customers to use their debit cards for buying products from overseas websites.