All articles by Verdict Staff
Verdict Staff
Contactless payment card shipments surge in 2013: SPA
More than 450 million contactless cards were delivered by Smart Payment Association (SPA) members in 2013 in over 30 countries worldwide, nearly twice the quantity that was shipped in 2012.
MasterCard partners with PULSE for common debit EMV solution
MasterCard has struck an agreement with Discover Financial Services unit PULSE that will allow financial institutions to use MasterCard’s common debit solution on the EMV debit cards eligible for both the MasterCard and PULSE networks.
Country Survey: Spain
The economic crisis and conservative consumer spending has hindered growth in Spain, both in terms of number of cards in circulation, and values of all card categories during the review period (2008-2012). However, with the anticipated recovery of the Spanish economy, the card payments channel is expected to recover over the forecast period (2013-2017), CI reports
Veracity Payment Services acquires Vanco, rebrands merged entity
Merchant acquirer Veracity Payment Solutions has acquired electronic payment solutions provider Vanco Services, with $80m in funds from private equity firm Great Hill Partners.
TIO to install bill payment kiosks at PSE&G’s service locations
American bill pay technology provider TIO Networks and New Jersey’s utility company Public Service Electric and Gas Company (PSE&G) has formed a partnership, under which, TIO will introduce bill payment kiosks in the company’s customer service centers.
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Gemalto purchases two payment card personalization bureaus in US
Gemalto has purchased Shoreline and Source One Direct, two personalization bureaus in the US from Cardiff Holdings, to offer customized payment cards to financial institutions in the country.
Watchdata, Visa partner to release dual interface EMV chip card solution
Digital security firm Watchdata Technologies has teamed up with Visa to roll out a low cost, dual-interface EMV (Europay, MasterCard and Visa) chip card solution to financial organisations.
Chargeback Gurus rolls out new fraud detection, monitoring & prevention service
Chargeback Gurus, a provider of fraud prevention and prediction services and software, has rolled out a value add-on service which enables ecommerce merchants to monitor, detect and prevent online fraud before it occurs and causes losses.
Vantiv agrees to acquire Mercury Payment Systems for $1.65bn
Vantiv, a US-based payments processing company, has signed an agreement to takeover Mercury Payment Systems from technology investment firm Silver Lake for a total value of $1.65bn.
FIS launches cloud-based instant card issuance solution
FIS, a provider of banking and payments technology, has launched FIS Instant Card, a cloud-based instant issuance solution for EMV-compliant credit and debit cards.