All articles by Verdict Staff
Verdict Staff
Card fraud upsurge diminishes customer trust: study
A study by ACI Worldwide and Aite spanning 6100 customers and 20 nations revealed that in the last five years nearly 25% of the cardholders had suffered card fraud.
MTN rolls out Mobile Money Visa card in South Africa
MTN South Africa has introduced a new Mobile Money Visa card that allows users to perform various transactions such as micro-payments, EFT payments, fund transfers, pay school fees, purchase airtime and prepaid electricity, and internet bundles.
Network International makes Remit2India service available for NRIs in UAE
TimesofMoney, a subsidiary of Network International, has made the 24/7 digital remittance service, Remit2India, available for non-resident Indians (NRIs) in UAE.
KBC Bank Ireland unveils contactless debit card
KBC Bank Ireland has partnered with MasterCard to introduce new contactless debit card, which can be used by all the new and existing customers who open a KBC current account and who hold credit card.
UBI launches mobile-based merchant payment services in India
Union Bank of India (UBI) has launched its merchant payment services for mobile phones, allowing customers to make payments any time anywhere.
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DSG partners with Dubai Islamic Bank to fully automate payments
Dubai Smart Government (DSG) has linked its government resources planning (GRP) systems with Dubai Islamic Bank (DIB) to completely automate the government suppliers financial processes and salary payments.
Future Payments and Digital Banking – Event highlights
The 2014 Future Payments and Digital Banking conference brought together industry leaders from around Europe to share ideas on how the payments landscape will change in the coming years. The ongoing digital banking revolution means banking and payments are becoming ever more entwined. Billy Bambrough looks back at the most memorable presentations
US credit card firms record high lending: report
Three US credit card issuers – American Express, Capital One and Discover Financial Service – have reported higher levels of lending, which underlines stronger demand for revolving consumer credit in April this year.
Contis Group establishes strategic alliance with Oblong Cards
Contis Group, an e-money institution, has formed a strategic partnership with prepaid card firm Oblong Cards to utilise its bespoke card solutions for member organisations worldwide.
Russia develops own chip technology for national payment card
Russia has reportedly developed its own microchip technology for the national payment card, in a bid to establish its own national payment system.