All articles by Verdict Staff

Verdict Staff

ICP Group signs mPOS deal with payworks

ICP Group, a European payment services provider, has signed an agreement with payworks to provide Mobile Point of Sale (mPOS) services to its customers.

PayPal, Paycorp collaborate to facilitate enhanced payment flexibility

Payments giant PayPal has entered into a new agreement with enterprise payment processing solutions provider, Paycorp, to facilitate enhanced payment flexibility for customers.

US card issuers likely to complete migration to EMV technology by 2017: Reports

The US credit and debit card issuers are, reportedly expected to complete migration to EMV chip card technology by 2017, amid increased cyber theft incidents in the country.

3G Direct Pay, Kopo Kopo partner for mobile payment options in East Africa

Online payments processor 3G Direct Pay has signed a deal with Kenya-based merchant services platform, Kopo Kopo, to offer mobile payment options for travel merchants in East Africa.

US banks invest $172m to reissue credit, debit cards after Target breach

Consumer Bankers Association’s (CBA) member banks in the US have so far invested more than $172m to reissue over 17.2 million credit and debit cards, following the recent data breach at Target stores.

MasterCard, Visa agree to switch to chip-based cards by October 2015

MasterCard and Visa have, reportedly, agreed to switch to chip-based cards by October 2015, following which the swipe and sign cards will not work.

GPR prepaid cards more affordable but lack protection: Pew Charitable Trusts report

The general purpose reloadable (GPR) prepaid cards are more accessible for consumers than the basic current accounts but are least protected, according to a report released by The Pew Charitable Trusts.

The European Digital Financial Services Power 50

Call for Nominations

The Digital Banking Club is delighted to announce the launch of the European Digital Financial Services Power 50, the first and only independent ranking of the most influential people in digital – and we’re talking mobile and online – financial services in Europe.

First Data, TMG to offer EMV credit card issuance programme

Global payment processing company First Data and The Members Group (TMG), a card processing and payment solutions provider, are set to offer Europay, MasterCard and Visa (EMV) credit card issuance programme to financial institutions, following the approval from Visa and MasterCard.

MasterCard teams up with Weve for contactless mobile payments in UK

MasterCard has joined forces with UK-based mobile marketing platform Weve to accelerate the development of contactless mobile payments system in the country.