All articles by Verdict Staff

Verdict Staff

NPCI forms six-bank panel to define cost structure of ATM transactions

The National Payment Corporation of India (NCPI), an umbrella institution for all retail payment systems in India, has formed a new panel containing six banks to define costs and charges for using the automated teller machines (ATMs).

Provident Financial’s Vanquis credit card customers rise in 2013

British financial services group Provident Financial has reported 22% rise in customers to a total of 1.1 million for its Vanquis Bank credit card in 2013.

Exciting growth prospects ahead for Middle East prepaid

In the run-up to Timetric’s Prepaid Summit: Middle East on 19 March 2014, a group of experts and stakeholders gathered in Dubai for a roundtable discussion to examine the opportunities prepaid card innovations offer as well as the current challenges in the market climate. Hannah Smithies reports

Primax signs payments card processing service agreement with First Data

Primax, a credit card and merchant acquiring data processing company, has signed a payments card processing service agreement with electronic commerce and payment solutions provider, First Data.

SmartMetric biometric payment card to enable P2P transfer of bitcoins

US-based SmartMetric’s Biometric Bitcoin Card, which is set for launch soon, will be able to allow in-person peer-to-peer (P2P) transfer of bitcoins.

Zapp expands mobile payment service in UK

UK mobile commerce firm Zapp has joined forces with five major financial services firms to roll out its mobile payment service to 18 million customers across the country.

paysafecard expands into Lithuania

paysafecard, an Austria-based prepaid payment provider, has rolled out its core product paysafecard in Lithuania.

TD Bank launches new reloadable prepaid card

TD Bank has launched a new reloadable prepaid card, TD Go, exclusively designed for teenagers.

HDFC Bank plans to expand credit cards portfolio in 2014

India-based HDFC Bank is planning to expand credit cards portfolio in 2014 by issuing around one million credit cards in the country.

Capital One records most number of consumer complaints: US PIRG report

Capital One has received the most number of credit card related consumer complaints at Consumer Financial Protection Bureau (CFPB), according to a report by US PIRG Education Fund.