All articles by Verdict Staff
Verdict Staff
Myanmar Payment Union inks MoU with JCB for EMV debit cards in Myanmar
Myanmar Payment Union (MPU) has signed a memorandum of understanding (MoU) with JCB International (JCBI), a subsidiary of Japan-based credit card issuer JCB, to issue co-branded debit cards to residents of Myanmar.
Reserve Bank of New Zealand reviews payments and settlement systems
The Reserve Bank of New Zealand has undertaken a strategic review of its Exchange Settlement Account System (ESAS) and NZClear Securities Settlement System (NZClear) to comply with industry requirements in anticipation of substantial upgrades that will be necessary in the next two to five years.
Wirecard, Bank Mega to support Carrefour Indonesia with POS solution
Wirecard, with its Indonesian subsidiary Prima Vista Solusi, has teamed up with Bank Mega to support Carrefour Indonesia with POS solution and integrated payment capability.
UK Consumers avoid post Christmas credit card debt
Contrary to predictions, UK shoppers did not substantially increase their credit card usage during the festive period, choosing not to get into debt for the Christmas rush.
First Data, UL collaborate for EMV adoption for retailers
First Data, a payment technology and services solutions company, has teamed up with UL, a payment security provider, to help US merchants expedite their acceptance of EMV-enabled credit and debit cards.
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IFAN Financial partners with Card Collaborative International for debit card program
IFAN Financial, a mobile payments company, has entered into a strategic relationship with Florida-based The Card Collaborative International (TCCI) to support its Quidme debit card program.
Rakuten Card expands to Taiwan
Japanese card issuer Rakuten Card has established Taiwan Rakuten Card, its first venture outside Japan, to issue credit cards aiming at the Taiwanese market.
Mashreq launches new credit card in UAE
UAE-based banking institution Mashreq has launched the Mashreq sMiles Credit Card in the UAE that will allow customers to fly for free, instantly, with over 300 airlines including all domestic carriers of the UAE.
German entrepreneur launches 3D-printed Bitcoin terminals
Hanover-based entrepreneur Ricardo Ferrer Rivero has developed a working prototype of 3D-printed bitcoin payment terminal named PEY, which eventually became a company, to build a merchant payment system bypassing bankers to allow merchants to accept Bitcoin.
Stage Stores partners with Ingenico and Chase Paymentech for P2PE
Stage Stores, a US-based neighbourhood retailer, has partnered with the payment technology company Ingenico Group and Chase Paymentech to implement point-to-point encryption (P2PE) for its 900 stores across the US.