All articles by Verdict Staff

Verdict Staff

Country Survey: the Netherlands

Despite the European sovereign debt crisis, the Netherlands card payments channel recorded marginal growth both in terms of volume of cards and transaction value, between 2009-2013. According to the central bank, De Nederlandsche Bank (DNB), post-recession growth potential in the banking sector exists in terms of electronic payments, both from consumers and businesses, reports CI

Heartland Payment launches Heartland Secure security solution

Payment processing firm Heartland Payment Systems has launched a new credit/debit card data security solution, Heartland Secure, to offer merchants with the highest level of protection available against card-present data fraud.

Country Survey: the Netherlands

Despite the European sovereign debt crisis, the Netherlands card payments channel recorded marginal growth both in terms of volume of cards and transaction value, between 2009-2013. According to the central bank, De Nederlandsche Bank (DNB), post-recession growth potential in the banking sector exists in terms of electronic payments, both from consumers and businesses, reports CI

LifeLock shuts down wallet app over credit card data security standards

US identity theft protection company LifeLock has withdrawn its wallet app and deleted user data over concerns the technology didn’t comply with the industry’s Data Security Standard (PCI DSS).

MasterCard to acquire India-based ElectraCard Services

MasterCard has agreed to acquire ElectraCard Services (ECS), an Indian electronic payments subsidiary of Opus Software Solutions, for an undisclosed amount.

ICICI Bank to collect fees for redeeming points on credit cards

Indian private sector lender ICICI Bank has decided to collect fees from customers for redeeming points collected on their credit and debit cards.

Credit card delinquency rate declines in Q1: TransUnion report

The credit card delinquency rate, the ratio of borrowers 90 days or more delinquent on their general purpose credit cards, decreased from 1.51% during the first quarter of 2013 to 1.37% in the first quarter of 2014.

Revention collaborates with mobile payments innovator LevelUp

Revention, a management service provider for food service industry, has collaborated with mobile payments platform LevelUp, to introduce new payment solutions for the merchants.

PayByPhone expands business with Adaptis acquisition

PayByPhone, a mobile payments firm, is aggressively expanding its business with the acquisition of cashless payment processor Adaptis Services and a new tender with VINCI Park in Paris.

MoneyGram, DSK Bank introduce new money transfer service in Bulgaria

Money transfer and payment services firm MoneyGram is launching a new money transfer service, Cash to ATM, in partnership with DSK Bank in Bulgaria.