All articles by Verdict Staff

Pocket change – in for a penny, in for a pound?

The appearance of the Chancellor’s familiar red box last week brought with it the formal announcement that from 2017, UK consumers will see a ‘change in their change’ – a new 12-sided pound coin. Hailed as the ‘most secure circulating coin in the world to date’, its aim is to combat counterfeiting and ‘keep several paces’ ahead of criminals’. Of course, these are laudable intentions, and innovation in the financial services sector is always welcome. But is the investment in developing existing ‘cash’ currency misguided? It seems the BofE is looking at cash, while the rest of the world is looking towards digital money, writes Sascha Breite

India’s Axis Bank introduces Kisan Card for farmers

India-based Axis Bank has introduced a new Kisan Card to easily provide agricultural loans for farmers through automated teller machines (ATMs).

Cards & Electronic Payments International, Asia Trailblazer Summit & Awards 2014

First EMV issuance services introduced to Jordan by Gemalto and Cairo Bank Amman

The Dexxis Instant Issuance services will be available in all 105 CAB braches across the country allowing customers to have EMV banking cards issued to them on the spot.

Interac debit card fraud losses decline to $29.5m in 2013

Interac debit card fraud skimming losses has decreased from $142m in 2009 to $29.5m in 2013, according to Interac Association report.

75% of US adults have no interest in m-commerce – Federal Reserve

A recent Federal Reserve survey has showed that 75% of the US adult population have no interest in using their mobile device to make retail purchases.

Wal-Mart files lawsuit against Visa: Report

American multinational retailer Wal-Mart has, reportedly, filed a lawsuit against Visa accusing it for partnering with banks to illegally fix interchange fees for merchants.

Orange Business Services and SIA to provide mobile POS service

Orange Business Services and technology infrastructure providers SIA have signed an agreement to provide a mobile POS service in Europe.

CIMB Preferred launches new PVI credit card

CIMB Preferred, the priority banking service of Malaysia-based CIMB Bank, had launched the CIMB Preferred Visa INFINITE (PVI) credit card.

Cuscal launches first HCE mobile payment trial in Australia

Cuscal has launched the first trial of a Host Card Emulation (HCE)-based mobile payment solution for Visa cardholders, in Australia and the Asia-Pacific region.