All articles by Verdict Staff
Verdict Staff
Vogogo completes acquisition of payment firm Vanado
Canadian payment firm Vogogo has completed the acquisition of all of the issued and outstanding shares of Vanado for an aggregate purchase price of $610,000, including the issuance of 227,273 common shares in the capital of the firm pursuant to a share purchase agreement.
CBL introduces new regulatory measures for electronic payment cards
The Central Bank of Libya (CBL), the autonomous monetary authority of Libya, has issued a new set of guidelines and limits on the use of debit cards to prevent the exploitation of electronic banking cards by crisis dealers.
Taiwan Mobile Payment launches new payments service platform
Taiwan Mobile Payment, a joint venture of Financial Information Service, the National Credit Card Center and the Clearing System Development Foundation, has launched its payment service provider trusted service manager (PSP TSM) platform to process mobile payments.
Avra ties up with T2M International for payment technology
US-based Avra, a global provider of payments solutions for crypto-currency and digital currency markets, has entered into an agreement with IT consultancy firm T2M International (T2M), making it the company’s primary technology partner.
Korean credit card companies launch One Click to ease credit card payments
Korean credit card companies have launched a new non-ActiveX online payment service, One Click, to enable customers to make credit card payments for online purchases without the need of digital signatures.
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Halifax and Lloyds launch 34 months interest free balance transfer cards
British retail bank Lloyds Bank and Halifax, a division of Lloyds-owned Bank of Scotland have launched a balance transfer scheme for credit cards offering 0% interest for 34 months to help customers clear their debts built up during Christmas, reported the Guardian.
Chunghwa Telecom introduces NFC-based virtual card payment solution
Chunghwa Telecom, a Taiwanese wireless carrier, has launched near field communication (NFC) features on select smart phones to support mobile payments for digital credit cards.
FGB, LIC International to launch insurance co-branded credit card in UAE
LIC International, a joint venture company of LIC of India, has entered into a strategic alliance with First Gulf Bank (FGB) to introduce a co-branded credit card with a unique loyalty offering for their customers in the UAE.
econtext Asia partners with All In Pay for cross-border payment services
econtext ASIA has partnered with All In Pay Network Services (All In Pay), a Chinese integrated payment processing service business, to promote cross-border payment services in regions including Japan, Hong Kong, Macau, Taiwan, Indonesia, India and Vietnam.
E-Complish, Blue Cross of Idaho partner for PCI compliant card payment processing
E-Complish, a US-based payment solutions provider, has teamed up with Blue Cross of Idaho to introduce a PCI Compliant DirectPay Interactive Voice Response (IVR) system to the organization.