All articles by Verdict Staff
Verdict Staff
UK FCA to undertake competition review in £150bn credit card market
The UK Financial Conduct Authority (FCA) is set to undertake a competition review into the countrys £150bn credit card market at the end of 2014.
KBC Bank Ireland plans to introduce MasterCard credit card
KBC Bank Ireland is planning to introduce a MasterCard credit card in the country, as part of its strategy to introduce personal banking products.
Flint Mobile partners with Leap for mobile payments
Flint Mobile, a mobile payments applications developer, has partnered with Leap Payments, a credit card merchant services firm, to resell its mobile payment services.
US Senators propose new bill to enhance consumer debit card protection
US Senators Mark R Warner and Mark Kirk have proposed a new bill, Consumer Debit Card Protection Act of 2014 (CDCPA), which is designed to provide additional protection for consumers hit by debit card frauds.
First Data signs agreement with MasterCard to advance Debit EMV in US
Global payment processor First Data has signed an agreement with MasterCard through which First Datas STAR Network will participate in MasterCards common US Debit EMV solution.
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BofA in talks to settle credit card related allegations
Bank of America (BofA) is, reportedly, in discussions with the US Consumer Financial Protection Bureau (CFPB) to pay around $800m to settle allegations that it forced customers to sign up for extra credit-card products.
Stanchion Payment Solutions establishes new office in London
South Africas Stanchion Payment Solutions has established a European regional office in London, to better address global demand for its products and services.
Which comes first, the mobile payment or the contactless card?
Contactless cards are clearly on the rise in the UK although research from WorldPay suggests that growth is skewed towards big cities. This weighted growth is so heavy it suggests mobile payments could be widely in use before some areas have adopted contactless cards. Sebastian Whale reports
VeriFone PAYware mPOS approved by Visa Ready program
VeriFone (PAY), the electronic payments technology provider, has announced that five of its PAYware mobile devices have been approved by the Visa Ready program.
PayPal launches new chip, PIN credit card reader in Australia
PayPal Australia has launched a new chip and PIN credit card reader, PayPal Here, which will allow small businesses, service providers and casual sellers to easily accept credit card payments from their mobile devices.