All articles by Verdict Staff
Verdict Staff
MasterCard, First Data partner to introduce secure payment service in Asia Pacific
MasterCard has entered into a strategic alliance with First Data to provide a unified solution for First Data’s FirstVision platform with the introduction of MasterCard inControl platform for Asia Pacific banking clients.
ANZ, Citibank, Westpac face biggest class action lawsuit in Australia
Australian lenders including Westpac Banking (WBC), Citibank and Australia & New Zealand Banking Group (ANZ) face a class action lawsuit in the country filed by consumers over late credit card fees.
Kazakhstan plans to launch national payment processing system
Kazakhstan is gearing up to establish its own national system for processing credit card payments, with the country’s regulatory agency reportedly in collaboration with commercial banks.
Gemalto agrees to acquire SafeNet for $890m
Gemalto, a digital security firm, has signed a definitive agreement to acquire 100% share capital of SafeNet, a data protection and software monetization firm, from Vector Capital for $890m.
Ukash, ZapZap collaborate to introduce online cash on mobiles
Ukash, an online cash payment provider, has teamed up with ZapZap, the free mobile payments wallet, to enable mobile users to store, manage and spend their Ukash vouchers on the go.
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UK contactless transactions treble in past 12 months
The number of monthly contactless transactions in the UK has more than tripled in the last year, with consumers spending £146.1m using their contactless cards in May 2014 according to figures released by The UK Cards Association.
Kuwait’s Gulf Bank receives PCI-DSS 3.0 certification
Kuwait-based Gulf Bank has become the first bank in the country to receive the Payment Card Industry (PCI)-Data Security Standards (DSS) 3.0 certification.
RuPay to get major boost from Indian government’s financial inclusion drive
RuPay, India’s own payment system established by the National Payment Corporation of India (NPCI), is expected to get a major boost with the governments financial inclusion drive that is set for a launch later this month.
GameStop plans to launch private-label credit card
American video game retailer GameStop is reportedly testing a private-label credit card among its employees, which is expected to be launched before this year’s holiday season.
PLDT, Rocket Internet form global strategic alliance to develop online payments solutions
Philippine Long Distance Telephone Company (PLDT) and Rocket Internet have established a global strategic partnership to drive the development of online and mobile payment solutions in emerging markets.