All articles by Verdict Staff

Verdict Staff

Nearly half of Canadians hold credit card debt: BMO report

BMO Financial Group, established as Bank of Montreal in 1817, has released its 2015 Credit Card Report revealing 46% of Canadian credit card holders to be carrying credit card debt.

MasterCard, Gemalto deploy over one million EMV cards for Santander Brasil

Digital security firm Gemalto, in collaboration with MasterCard, has deployed over one million Optelio contactless EMV cards in a year for Banco Santander Brasil, through Santander Universities.

UnionPay partners with TD to expand its card acceptance in North America

UnionPay International, a subsidiary of China UnionPay, has entered into an agreement with Canada’s TD Merchant Services to expand TD’s acceptance of UnionPay cards in North America.

MasterCard, Recaudo Bogotá and Bancolombia team up to integrate transit payments in debit cards

Recaudo Bogotá, Bancolombia and MasterCard have formed a partnership for the inclusion of electronic payments to Bogotá’s Integrated Public Transit System (SITP) with Bancolombia issuing Maestro debit cards with transit functionality.

JetPay aids WePay’s debut in Canada

WePay, a US-based online payment services provider, has launched its operations in Canada with the aid of JetPay Payment Services, a division of debit and credit card processing firm JetPay Corporation.

ICICI Bank launches electronic wallet in India

Indian private sector lender ICICI Bank has launched a digital wallet named Pockets, available for download from Google Playstore.

EVO, Lime Light team up for integrated payment processing solution

EVO Payments International (EVO) and Lime Light CRM, a provider of customer relationship management solutions, have joined forces to provide integrated payment processing for direct response merchants and service providers globally.

QIWI partners with MegaFon to launch co-branded electronic wallet

QIWI, a payment services firm, and MegaFon, a Russian telecommunications operator, have entered into a strategic partnership to develop electronic payments solutions and launch a co-branded product based on Visa QIWI Wallet technology.

Mozido acquires PayEase to enter China

Mozido, a cloud platform mobile payments and retail engagement solutions provider, has acquired PayEase, a technology and payments company, to introduce its products and solutions to China.

Euronet Worldwide reports Q4 net income of $30.1m

Electronic payments provider Euronet Worldwide has reported a net income of $30.1m, or $0.55 per diluted share, for the fourth quarter of 2014, compared to $10m, or $0.19 per diluted share, for the same period of 2013.