All articles by Verdict Staff

Verdict Staff

Snorrason Holdings to acquire Handpoint’s Icelandic merchant portfolio

Snorrason Holdings, a provider of payment processing services, has signed an agreement with Handpoint, a provider of mPOS solutions, to acquire Handpoint’s Icelandic merchant portfolio.

Intel launches new solution to safeguard payment process

Intel has launched a new data protection solution, which provides end-to-end encryption of consumer and financial data that is built into the POS platforms.

First Data enhances TransArmor solution for small businesses

First Data, a provider of payment technology and services solutions, has enhanced its TransArmor solution for small businesses in order to protect customer data.

Inecobank, GNC-Alfa launch new credit card

Armenia’s Inecobank and GNC-Alfa (trading as Rostelecom) have launched a new credit card for existing and new customers of Rostelecom for getting credit lines on favourable terms.

American Express Q3 profit up 8%

American Express has reported a net income of $1.48bn for the third quarter of 2014, an increase of 8% compared to $1.37bn for the same period last year.

Equity Bank launches American Express cards in Kenya

Equity Bank in partnership with American Express has launched new American Express cards in Kenya.

MasterCard UK boss jumps ship for RBS – What will she bring to the bank?

The lines between banking and payments are at the same time being blurred and yet becoming wider. Payments may not be something that banks are a part of for long though the RBS poaching of MasterCard UK boss Marion King for its director of payments role indicates the banks are not bowing out yet, writes Billy Bambrough

Earthport to provide payment services to Caisse centrale Desjardins

Earthport has been selected by Caisse centrale Desjardins to provide international payment services, helping Desjardins’ customers make efficient low-value payments in an expanded number of markets across the world.

Banco do Brasil Americas selects Earthport’s payments solution

Banco do Brasil Americas has selected Earthport’s payments solution to power its international card to bank transfers, enhancing its pre-paid student card product offering.

US banks to sharpen focus on credit card lending to augment revenues

Major American banks including JPMorgan Chase and Citigroup are planning to ramp up credit card lending in order to boost revenues.