All articles by Verdict Staff

Verdict Staff

Swipely raises $20m through venture investment

US-based payment services company Swipely has raised $20m C-series funding through its latest venture-capital investment round to expand its business by increasing its work force.

SEB to divest card acquiring business Euroline to Nordic Capital

Swedish financial group SEB has agreed to sell its card acquiring business Euroline for SEK2.2bn ($328.73m) to Nordic Capital.

MobiKash Afrika introduces merchant payment service in Kenya

MobiKash Afrika, a mobile commerce company, has launched a merchant payment service ‘Lipa Sasa Na MobiKash’ in Kenya.

Monsanto’s customers exposed to misuse of credit card information

American GM crop giant Monsanto has announced its data security was breached at its Precision Planting unit, exposing employees and customers to potential misuse of credit card information.

Country Survey: Czech Republic

Czech GDP contracted by -4.51% in 2009, impacting the overall banking and financial services industry. The economy recovered in 2010 and 2011, but contracted again in 2012. However, it is expected to record robust growth over the forecast period, with real GDP growth rising from 1.48% in 2014 to 2.43% in 2018, CI reports

Allied Wallet secures license to issue MasterCard and Maestro cards

Allied Wallet, a provider of online payment processing, has recently received license to issue MasterCard and Maestro cards in various regions of Europe.

Emirates ID ready to be used as credit card

The Emirates ID card has passed first practical trail to be used for financial transactions, paving its way to be used as a credit card in the future.

North Carolina residents can now use credit cards to pay fines

North Carolina denizens have been allowed to pay monetary penalties and related court costs using a credit or debit card, in a move to make the life hassle free.

Walmart may ask shoppers to punch security codes for credit card purchases

US retail giant Walmart is reportedly planning to make it mandatory for shoppers to punch in their three-digit credit card security codes if total bill amount crosses a certain limit.

CSI Enterprises, Jonas Club collaborate for globalVCard

CSI Enterprises, an electronic payment solutions provider, and Jonas Club Software have collaborated to bring out the globalVCard for Jonas users.