All articles by Verdict Staff
Verdict Staff
Navy Federal Credit Union selects Proxama’s EMV migration platform
US-based Navy Federal Credit Union has selected Proxama’s payment application manager to migrate its portfolio of approximately four million debit cards to the EMV chip card standard.
Emirates NBD mulls payments arm IPO-report
Dubai-based Emirates NBD and private equity firm Abraaj Group are reportedly considering listing shares of credit-card processing unit, Network International.
Sainsburys Bank partners with Western Union for money transfer services
Sainsburys Bank, a UK-based supermarket bank, has partnered Western Union to provide money transfer services to Sainsbury’s stores across the UK.
PayPal to cough up $25m in fines for deceptive practices
Online payment firm PayPal has agreed to pay $15m in consumer redress and a $10m penalty for using deceptive advertising for its PayPal Credit program, previously known as Bill Me Later.
CCEDK to launch Bitcoin-denominated MasterCard
Crypto Coins Exchange Denmark (CCEDK) is set to launch a new payment card, called Bitcoin Debit NanoCard MasterCard, in June 2015.
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Commercial Bank’s subsidiary to offer Diners Club credit cards in Turkey
Commercial Bank of Qatar has granted its Turkish subsidiary, ABank, exclusive rights to issue Diners Club credit cards in Turkey.
UnionPay partners with Attijariwafa Bank to expand card acceptance in Morocco
UnionPay International has inked an agreement with Morocco-based Attijariwafa Bank to start accepting UnionPay cards at all the ATMs under the bank in Morocco.
MasterCard introduces new personal payments service
MasterCard has launched a new personal payments service that allows users to send and receive funds instantly.
WorldRemit expands in South America and Eastern Europe
WorldRemit, a London-based online money transfer service, has rolled out its services across five countries in South America and Eastern Europe, as part of its global expansion strategy.
Kenyas bitcoin startup BitPesa launches service in Tanzania
BitPesa, a Kenya-based bitcoin services provider, has expanded its remittance service to neighbouring Tanzania. The company also added new features to accompany the launch.