All articles by Verdict Staff
Verdict Staff
GEs credit card unit launches $3.3bn IPO
General Electrics (GE) private-label credit card unit Synchrony Financial has launched initial public offering (IPO) with aim to raise as much as $3.3bn.
Commercial Bank launches Easy Pay feature on all credit cards
Qatar-based Commercial Bank has launched Easy Pay, a first of its kind feature for all credit card customers
First Data launches new ‘mPOS’ solution for merchants
First Data, an online payment transaction facilitator, has debuted its mobile payment solution that would make online payments faster, intelligent and more secure for merchants.
Twitter purchases mobile payment infrastructure CardSpring
Micro-blogging site Twitter has purchased mobile payment system CardSpring to boost its mobile payment offering.
Visa to launch digital wallet service in four countries
Visa Europe will roll out its digital wallet service – V.me by Visa – in Germany, Ireland, Norway, Sweden and Italy by the end of the year.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Electronic Payments – M&A Boom
U.K. consumers initiated nearly 11 billion card transactions in 2013, representing over half-a-trillion pounds sterling in spend according to data from the UK Cards Association. In the U.S., consumers initiated 2,600 card transactions per second, out-spending their U.K. counterparts approximately fivefold, writes Joel Leonoff
US Bank wins $2.25m Dayton credit card processing contract
US Bank has secured a contract worth $2.25m from Dayton to process all credit card transactions for the city through 2017.
PFS launches multi currency prepaid card platform in Portugal
Prepaid Financial Services (PFS) has launched Portugals first Multi Currency Prepaid MasterCard in partnership with Unicambio, a Portuguese money exchange.
Telecel Zimbabwe launches credit card for Telecash customers
Telecommunications company Telecel Zimbabwe has launched a credit card for its mobile money system Telecash.
Wirecard launches new BASE Wallet card
Wirecard, a German provider of electronic payment and risk management services, has been supporting the mobile phone brand BASE as it launches the mobile BASE Wallet with prepaid payment card.