All articles by Verdict Staff

Verdict Staff

SIX, UBS and Zürcher Kantonalbank to launch P2P payment app in Switzerland

SIX, UBS and Zürcher Kantonalbank have teamed up to launch a new peer to peer (P2P) payment app in Switzerland from the end of May this year.

Country Report: Taiwan

The development of banking infrastructure, a higher awareness of electronic payments and wider acceptance of payment cards at point-of-sale (POS) terminals supported the growth of payment cards between 2009 and 2013, in terms of both transaction value and volume.

Tiempo Secure teams up with SP-Tek to offer smart card chips with JavaCard OS

Tiempo Secure, a semiconductor specialist focusing on high-end secure products, has teamed up with SP-Tek (Secure Platforms Technology), a developer of multi-application smart card based on open platforms, to launch smart card chips equipped with the JavaCard EMV operating system (OS).

Braintree forays into New Zealand market

American payments gateway Braintree has expanded its international footprint by announcing the launch of its operations in New Zealand.

Electronic Transfer rolls out new EMV Chip Credit Card Terminal

Electronic Transfer, a credit card processing company, has unveiled EMV Chip Credit Card Terminal or Pin Pad that is designed to support Apple Pay, Pin Debit and Android Softcard payments.

Freelancer.com to buy payment service provider Escrow.com

Freelancer.com, a freelancing and crowdsourcing marketplace, has signed a definitive agreement to acquire California-based escrow service provider Escrow.com for US$7.5m in cash.

Visa expands digital payment service to UAE

Visa, a payments technology firm, has expanded its digital payment service, Visa Checkout, to UAE-based online merchants.

BitGo teams up with Genesis to specialise in trading bitcoin

BitGo, US-based bitcoin multi-signature security provider, has teamed up with Genesis Trading, a broker-dealer in the US, to streamline bitcoin wallet security and management as also specialise in trading bitcoin.

Country Report: Oman

With its economy heavily dependent on depleting oil resources, Oman has tried to diversify into other sectors, particularly tourism and gas. It is aiming to reduce oil’s contribution to GDP to 9% by 2020, and create more jobs for the growing population.

Bank of Baroda partners with UAE Exchange for instant money transfer facility

Bank of Baroda has partnered with UAE Exchange, a remittance and foreign exchange company, to launch an instant cash transfer facility for non-resident Indian (NRI) customers.