All articles by Verdict Staff
Verdict Staff
Quantum Secure Authentication to prevent credit card frauds
A team of researchers from the Netherlands has proposed a security system for credit cards and passports that would leverage the power of quantum mechanics to create a fraud-proof method for authenticating, dubbed Quantum Secure Authentication (QSA).
TD Bank to offer credit card program for Raymour & Flanigan
TD Bank, a US national bank chartered and supervised by the federal Office of the Comptroller of the Currency, has signed a multi-year contract with Raymour & Flanigan Furniture to provide a new branded private label credit card program for the retail chain.
Mashreq, Etisalat launch Me-Life credit card
Mashreq, an UAE-based banking institution, in partnership with Middle Easts telecommunication operator Etisalat, has launched the Mashreq Etisalat Visa Signature Credit Card, the Me-Life credit card in the UAE.
Himalayan Bank partners Cryptomathic, OMA Emirates to improve card issuing
Nepal-based Himalayan Bank has partnered with e-security solutions provider Cryptomathic and OMA Emirates to improve its card issuing.
Next Generation Payments acquires JiGrahak
Singaporean mobile commerce company Next Generation Payments has acquired 100% stake of its subsidiary JiGrahak Mobility Solutions, an India-based mobile commerce service provider.
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First Data partners Verifone to fight payment data breach
First Data, a payment technology firm, and Verifone, a global payment security provider, have formed a partnership to reduce large-scale consumer payment data breaches and expedite merchant acceptance of EMV-enabled credit and debit cards in the US.
Skye Bank launches outbound remittance service with MoneyGram
Skye Bank, a commercial bank in Nigeria, has launched an outbound remittance service with the US-based money transfer company, MoneyGram.
Elavon extends partnership with Union Bank
US Bancorp owned Elavon, a global payments provider, has extended its multi-year alliance with MUFG Union Bank to expand the geographic coverage and availability of payment consultants across Union Banks retail branch network, private bank and business banking relationships.
Barclaycard tests out contactless glove payment system
Barclaycard has developed electronic gloves prototypes which are being trialed at UK stores during the Christmas shopping period to allow customers to pay for their goods by a simple tap on a contactless reader.
UAE Exchange, YES BANK and Rev to launch multi-currency prepaid card in India
UAE Exchange, India, a part of the Abu Dhabi-headquartered foreign exchange business, YES Bank, an Indian private sector bank, and Rev Worldwide have joined hands to launch the next generation GoCash Multi-Currency Prepaid MasterCard in India.