All articles by Verdict Staff
Verdict Staff
Indonesian banks to implement six-digit PIN for credit cards
Indonesian banks, including Bank Central Asia (BCA), Bank Negara Indonesia (BNI) and Bank Mandiri, are gearing up to implement six-digit personal identification number (PIN) for credit cards by 31 December 2014.
EMV chip adoption to gain momentum in US: report
Over 575 million US payment cards will be equipped with EMV chips by the end of 2015, according to a forecast by the Payments Security Task Force (PST).
Visa develops new software to detect unauthorized use of credit cards at gas stations
Global payment processor Visa has developed a new software Visa Transaction Advisor that will identify whether someone is using a stolen, lost or counterfeit credit card to fill up at gas stations.
Quisk receives US patent for mobile payment security system
Quisk has received a US patent for a mobile payment security system that allows customers to lock their digital cash account anytime, anywhere to prevent unauthorised use.
IFC, MasterCard collaborate to advance mobile money in Sub-Saharan Africa
The International Finance Corporation (IFC), a member of the World Bank Group, has partnered with MasterCard Foundation on a $37.4m joint initiative to expand mobile financial services in Sub-Saharan Africa.
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TIS to integrate MobiPAY with Allied Payment Network’s PicturePay
Top Image Systems (TIS) will integrate its self-service mobile bill payment application MobiPAY with Allied Payment Network’s mobile photo bill pay solution, PicturePay.
FreedomPay debuts PCI certified P2PE technology for merchants
FreedomPay has released a PCI certified fully-functional, point-to-point encryption (P2PE) payment technology for merchants, as part of its cloud-based FreedomPay Commerce Platform.
Braintree, PayPal launch One Touch mobile payments
Braintree, in collaboration with PayPal, has rolled out its new mobile payment offering known as ‘One Touch’ which will allow merchants and app developers to accept payments from millions of PayPal users.
UK banks introduce retry system for bounced payment fees
The UK banking industry has launched a retry system that gives customers a second chance to avoid bounced payments and their associated charges.
Tesco Bank introduces new credit card with no balance transfer fee
Tesco Bank has launched a new credit card that allows customers to transfer balances without paying any balance transfer fees.