All articles by Verdict Staff

Verdict Staff

China mobile payment transactions surge in 2013

Mobile payments in China has seen 212.86% growth in 2013, with the number of transactions increasing to 1.67 billion, compared to a year ago period, according to a payment system review released by the People’s Bank of China.

The Digital Banking Club Celebrates its 1st Anniversary

The Digital Banking Club, established by Intelligent Environments, working with Retail Banker International, Electronic Payments International and Cards International publications, is celebrating its 1st anniversary.

Citi unveils two new ways to use ThankYou Points

Citi has introduced two new ways to use its ThankYou Points for account credit to cover transactions related to a purchase and to make a donation to charity.

KFH unveils KFH-Nojoom co-branded MasterCard prepaid card

Kuwait Finance House (KFH), Bahrain’s shari’a compliant banking and financing services provider, has introduced its new KFH -Nojoom co-branded MasterCard Prepaid Card in collaboration with Wataniya Telecom.

Yapital, POSPartner integrate BLE technology for mobile payments

Yapital, a European payments service provider, has integrated Bluetooth Low Energy (BLE) wireless technology into its service portfolio to make payments easier without an internet connection.

ElectraCard to deliver card processing services to Nepal’s NMB Bank

ElectraCard Services (ECS), an India-based software solutions provider for electronic payment systems, has signed an agreement with Nepal’s NMB Bank to manage its credit and debit cards services.

Square Cash adds new feature to its payment system

Square Cash has added a new feature to its person-to-person payment system that enables users to request payments from a group of people or an individual in seconds.

GAO recommends changes for campus debit cards

The US Government Accountability Office (GAO) has recommended certain changes to the campus debit card system, which electronically caters to the college students’ financial aid.

Three South Korean credit card firms suspended over data theft

The Financial Services Commission (FSC) of South Korea has suspended operations of three credit card companies for the next three months, after their involvement in data theft of credit card holders’ accounts in the country.

US retail and financial trade groups collaborate to tackle cyber security threats

A group of retail merchant and financial trade associations in the US have teamed up to tackle cyber security threats.