All articles by Verdict Staff
Verdict Staff
FCMB rolls out mPoS terminal
First City Monument Bank (FCMB), a Nigeria-based full service banking group, has launched a mobile point of sale (mPoS) terminal, named FCMB PayPad, to support the growth of small and medium scale enterprises and the cashless policy.
MAP launches prepaid mobile payments app for credit unions
MAP Prepaid, a provider of Visa Prepaid card programs for credit unions, has launched MAP App for smart phones enabling cardholders to manage their Visa Prepaid card account directly from an iOS or Android mobile device.
AmEx to terminate exclusive partnership with Costco in March 2016
American Express Company has announced its plans to end its US co-branding and merchant acceptance agreement with the warehouse club Costco Wholesale on 31 March 2016.
3Delta Systems implements credit card security solution for Bell and Howell
Virginia-based 3Delta Systems (3DSI), an online credit card processing firm, has implemented an ERP-integrated credit card processing and security solution for Bell and Howell.
Visa introduces mobile location service to reduce card purchase declines
Visa has launched a new mobile location confirmation service to reduce purchase declines often triggered when consumers travel outside of their home area.
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CBN certifies CWG to provide payment services in Nigeria
Central Bank of Nigeria (CBN) has licensed Computer Warehouse Group (CWG), the Pan-African information communication technology company, to perform the activities of payment terminal service provider (PTSP) to point-of-sale terminals (POS) in Nigeria.
MasterCard to invest over $20m in card security technology
MasterCard has unveiled its plans to invest more than $20m in cyber security technology enhancements to secure payment transactions for its cardholders, merchants and issuing banks.
Wallet One rolls out new merchant payment solution in South Africa
Wallet One, an international payment system, has launched a payment aggregator for e-commerce merchants and service providers, W1 Checkout, in South Africa.
Rabobank, G&D launch new mobile payment system
Rabobank, in collaboration with Munich-based technology group Giesecke & Devrient (G&D), has launched a private mobile payment system named Rabo Wallet for its customers.
Sumitomo Mitsui Trust Bank in talks to buy Citigroup’s card business in Japan
Japan’s Sumitomo Mitsui Trust Bank is in talks with Citigroup to acquire Citi Cards Japan, Citigroup’s credit card business in Japan.