All articles by Verdict Staff

Verdict Staff

Spindle introduces cloud-based retail solution, Yowza!! POS

Spindle, a mobile commerce solutions provider, has introduced a cloud-based solution, Yowza!! POS to provide merchants with an integrated point-of-sale and retail management platform.

Visa and MasterCard reach payday loan agreement with New York regulator

MasterCard and Visa have reached an agreement with New York state’s main banking regulator to halt illegal payday loans through debit card transactions.

Alibaba seeking stake in its payments affiliate Alipay

Alibaba Group Holdings, a Chinese e-commerce giant, is in negotiations with its major stakeholders to reclaim a stake in its affiliated payment services company, Alipay.

Canada enforces new regulations on prepaid card fees

New regulations have come to effect in Canada on fees associated with prepaid cards offered by a number of financial institutions, credit card companies and retailers.

Plastic curtain: Russia’s card plans move ahead

The chairman of the Federation Council Committee on Budget and Financial Markets, Sergey Riabukhin, announced Russia is opting for a national payment system. Even in times of uncertainty and political tension, Russia is determined to accelerate the process, but the prospects do not look too bright. Valentina Romeo investigates.

ECB to turn its attentions to SEPA for cards

The European Central Bank (ECB) has said that it will now turn its focus to the harmonisation of the card payments to the Single Euro Payments Area (SEPA).

Monthly contactless card spend crosses £100m: Report

Monthly spending on contactless cards has exceeded £100 million for the first time, according to data published by The UK Cards Association.

Fraud and risk management are key challenges for payment sector in MENA: Survey

Fraud, security and risk management are considered to be the biggest concerns affecting a majority of the financial institutions and multi-channel retailers in the Middle East and North Africa (MENA), according to a new study.

Debit card growth in UK not reflected in US

Debit cards are now used in 56% of all transactions in the UK according to British bank Halifax, a subsidiary of Lloyds Banking Group.

Mashreq launches UAE’s first mobile wallet

Mashreq has announced the launch of the regions first NFC sticker mobile payment offering.