All articles by Verdict Staff
Verdict Staff
Country survey: Italy
Italy’s strong prepaid card sector is still growing despite the rise of the digital channel. A low internet and smartphone penetration rate has meant the country is behind its European counterparts in terms of digital payments but a young population suggests this is due for rapid growth in the near future. CI reports
Less than 1% ATMs in Europe upgraded to Windows 7: Study
Less than 1% of the total ATMs in Europe have been upgraded to Windows 7 as Microsoft ended technical assistance for its 12-year-old operating system, Windows XP, on 8 April 2014, according to a research from RBR.
Agilent partners with FIME to offer mobile payment test systems
US-based Agilent Technologies has partnered with secure-chip testing provider FIME to offer test systems based on the EMV Contactless Level 1 Specification for mobile payments.
EAST reports decline in card skimming at European ATMs
The European ATM Security Team (EAST) has reported a decline in ATM related card skimming incidents and a rise in card trapping incidents and ATM explosive attacks.
Royal Canadian Mint halts digital currency programme
The Royal Canadian Mint, an entity owned by the Canadian federal government, has halted its plans to develop the digital currency programme and is now planning to sell the business.
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44% North American bankers expect a rise in credit cards debts – FICO
A survey has revealed that nearly half of US and Canadian bank risk professionals expect credit cards delinquencies to increase in the next six months.
MPOS devices vulnerable to cyber attacks: MWR InfoSecurity
The mobile point of sale (MPOS) devices can be easily hacked, leaving global banks, retailers and customers exposed to serious frauds, according to global information security firm MWR InfoSecurity.
GE Capital extends contract with Sams Club, AEO for credit card programme
GE Capital Retail Bank has extended long-term agreements with Sams Club, a division of Wal-Mart Stores, and American Eagle Outfitters (AEO) to continue providing private label credit card programmes.
BAML introduces new CashPro BillPay payment solution
Bank of America Merrill Lynch (BAML) has added CashPro BillPay to its suite of payments solutions targeting business clients such as small- to medium-sized companies.
Australias Westpac to provide UnionPay cardholders access to ATMs
Australia-based lender Westpac is partnering with UnionPay of China to make its automated teller machines (ATMs) accessible for UnionPay cardholders.