All articles by Verdict Staff

Verdict Staff

Catella Bank launches new card specially designed for private banking clientele

Catella Bank in collaboration with Visa Europe has rolled out Capitol Visa Infinite Card, which is tailored to match the specific needs of its international private banking clientele.

Sir Alex Ferguson forays into angel investing with prepaid card firm Pockit

Manchester United manager Sir Alex Ferguson has forayed into angel investing to back prepaid card startup Pockit, during its first funding round of around £1m.

Tim Hortons launches pilot program for iPhone payment services

Tim Hortons, an American fast-casual restaurant, has launched a pilot program for near field communication (NFC) enabled service to make payments from iPhones in a bid to expand its mobile payment services.

UAE RTA collaborates with Al Ansari to manage RTA e-purse service

The UAE Roads and Transport Authority (RTA) along with Automated Fare Collection System and Technical Support Services Sector have appointed Al Ansari Exchange to manage transactions of RTA e-purse.

Visa, MasterCard renew thrust for chip cards to reduce data breaches

In the wake of recent high-profile data breaches, Visa and MasterCard have reportedly renewed their push to accelerate the adoption of microchips into American credit and debit cards.

Burgan Bank unveils new co-branded credit card with Qatar Airways

Kuwaiti lender Burgan Bank and Qatar Airways have rolled out the new Burgan Bank Qatar Airways co-branded MasterCard Credit Card.

RBI postpones Aadhaar-based payment plan mechanism

The Reserve Bank of India (RBI) has postponed Aadhaar-based payment plan mechanism following objections raised by the banks and other financial intuitions, according to The Economic Times.

Nordstrom reportedly approaching potential buyers for its credit cards sale

Nordstrom, an upscale department store operator in the US, is reportedly approaching potential buyers of its $2bn credit card receivables portfolio.

Egyptian tourism ministry partners with Visa to revive tourism

Egypt tourism ministry has collaborated with American payments giant Visa to revive the tourism industry of the country, and is seeking payments information from the firm to launch promotional initiatives.

Country Survey: Denmark

The Danish cards and payments industry is well-developed and highly regulated. The country’s industry has its roots in the 1960s, when Danish banks were among the first in the world to develop and invest in electronic payment services, reports CI