All articles by Verdict Staff

Verdict Staff

Perago, Swish Payments establish m-commerce partnership

Perago, a wholly-owned subsidiary of SIA, has inked a deal with Swish Payments, a mobile commerce provider owned by Setcom Payment Solutions, to support its new m-commerce initiative in Africa and Europe.

Nedbank incorporates Entersekt’s technology to prevent fraud

South Africa-based Nedbank teamed up with Entersekt to implement its Online Card Purchase Authorization technology to enhance internet fraud protection.

Russia asks Visa, MasterCard to find local partner

International payment systems Visa and MasterCard must find a local partner to avoid paying the huge security deposit and continue doing business in Russia, said an official statement from the government.

Equity Bank to expand card business, partners with major firms

Equity Bank is partnering with various merchant businesses and payment processing firms in East Africa to enhance its card business and related payment processing services, with an overall aim to reduce the country’s dependence on cash.

US court to hear SmartMetric’s chip card patent infringement lawsuit against Visa, MasterCard

A Federal Circuit Court set a date of 8 August to hear chip card patent infringement case filed by SmartMetric against payment card companies Visa and MasterCard International involving the use of EMV cards in the US.

Amazon unveils new mobile wallet app

Amazon rolled out its own consumer-facing mobile wallet app to strengthen its footprint in e-commerce landscape.

Easy Solutions to implement Fundtech’s payment and fraud protection platform

Easy Solutions, the Total Fraud Protection company, has signed an agreement with Fundtech, a global transaction banking solutions firm, to implement its payment and fraud protection technologies.

Stripe rolls out payment service in Australia

Payment startup Stripe rolled out its service in Australia, the first country in the Asia-Pacific region, and also began testing in three Scandinavian countries as it expands its international footprint.

IBM and Monitise form global strategic alliance for m-payment

IBM and Monitise have inked a multi-year global alliance deal to offer cloud-based mobile commerce solutions for enabling financial services organizations to leverage the mobile channel and better engage with customers.

Cardtronics sign deal to purchase Welch ATM for $160m

Cardtronics has entered into an agreement to buy Welch ATM in a $160m transaction, as part of its strategy to emerge as one of the largest retail ATM service providers in the US.