All articles by Verdict Staff
Verdict Staff
DNB warns financial institutions against virtual currencies
De Nederlandsche Bank (DNB), the central bank of the Netherlands, has issued warnings to banks and payment institutions to be wary of transactions in virtual currencies such as bitcoins and altcoins.
iKaaz, Family Bank to launch cloud based payments platform in Kenya
Indian payments company iKaaz along with regional partner EDGE Financial Systems has collaborated with Kenyan institution Family Bank to launch its cloud based payments platform in the African country.
Bitcoin Suisse cancels plans to launch bitcoin ATM in Zurich
Swiss Financial Market Supervisory Authority (FINMA) has asked Bitcoin Suisse, a bitcoin ATM operator, to cancel its planned roll out Bitcoin ATM in Zurich.
TSYS to launch new product using Multos chip card technology
TSYS, a processor of merchant acquirers and bank credit card issuers, has selected Multos Internationals chip card technology to launch its latest EMV services offering for banks and financial institutions.
Contis Group to further expand prepaid payments business in Europe
Prepaid payments firm Contis Group is keen to expand its business further by tapping the European markets, including the UK, with plans to grow its revenue by 147% for financial year ending March 2015.
First Data sign multi-year debit processing deal with Union Bank
First Data, a payment technology and services solutions provider has signed a multi-year debit processing, ATM driving, and card fulfillment output services deal with Union Bank.
Telecel allows Tel One bill payments from Telecash e-wallet
Zimbabwean mobile operator Telecel has expanded its mobile payment services with the launch of Tel One bill payment services through its e-wallet option Telecash.
UK cards spending surpasses £500bn mark in 2013
Annual domestic card spending by UK consumers crossed £500bn mark for the first ever time in 2013 as shoppers increasingly choose cards over cash, according to a report published by The UK Cards Association.
First Data to manage debt processing and related services of Union Bank
Payment technology company First Data has signed a multi-year agreement with Union Bank that covers debit processing, ATM driving, and card fulfillment output services.
Abattis to overhaul marijuana dispensary payment systems with IPS
Canadian medical marijuana company Abattis Bioceuticals is outlining plans to overhaul marijuana dispensary payment systems after it acquired 34% equity interest in Instant Payment Systems (IPS).