All articles by Verdict Staff
Verdict Staff
CPI Card Group to acquire EFT Source
US-based CPI Card Group has signed a definitive agreement to acquire EFT Source, a provider of turnkey card programs and personalization services for the financial payments industry.
Clay Telecom partners with PayU for processing online transactions
Indian voice and data solutions provider Clay Telecom has partnered with PayU, a payment gateway, to offer its customers safe, quick and cost-effective processing for online transactions.
Cybera enables connectivity between POS and NBS payment processors
US-based network services and security firm Cybera has completed a new National Bankcard Service (NBS) Payment Virtual Application Network (VAN) that enables connectivity between POS and NBS payment processors.
eBay mulls to spinoff payments unit PayPal
US-based e-commerce firm eBay is mulling to spinoff its payments unit, PayPal, as early as 2015, reported by The Information.
KFH reports 20% rise in H1 prepaid and credit cards issuance
Islamic financial institution Kuwait Finance House (KFH) has reported a 20% increase in the number of its prepaid and credit cards issued in the first half of 2014, compared to the same period previous year.
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Commercial Bank, Alfardan Exchange and Rêv to launch prepaid travel card in Qatar
Commercial Bank of Qatar, Alfardan Exchange and Rêv Worldwide, a payment products innovations company, have partnered to develop the first prepaid multi-currency travel card in Qatar and Visa’s first in the Middle East.
China’s UPI card to be launched in Myanmar next month
China UnionPay International (UPI) in collaboration with Myanmar’s Cooperative Bank (CB) will launch EASi Travel UnionPay card for the first time in Myanmar starting on 1 September 2014.
RBI issues warning against violating credit card security norms
The Reserve Bank of India (RBI) has issued an order stating that all transactions involving domestic credit cards must be done in Indian currency through a bank in India.
MobileNOW! launches mobile payment for parking in California
MobileNOW!, a US-based provider of mobile phone and cashless payment methods for the parking and transportation industry, has finalized an agreement to conduct a pilot program for pay-by-mobile phone payment for metered parking in Santa Rosa, California.
Westpac New Zealand announces partnership with Moven
Westpac New Zealand has announced a partnership with New York-based Moven to launch a series of new mobile initiatives.