All articles by Verdict Staff

Verdict Staff

Predictions and priorities for 2014 from the industry’s top experts

With 2013 all but over CI has asked the industry’s top experts to share their predictions for the year ahead. The rise of the payments start-ups look set to continue with prepaid cards also important for many companies in 2014

Global Payments deploys fundraising software from Digital Processing Solutions

Global Payments, a US-based electronic transaction processing services provider, has deployed Digital Donations patent pending fundraising software from Digital Processing Solutions to allow its merchants to accept donations at the point of sale (POS).

MoneyGram inks deal with Bank AlJazira

MoneyGram, a US-based money transfer company, has inked an agreement with Bank AlJazira (BAJ) to offer its services at multiple banks and remittance centres.

MCB, Visa partner to introduce new mobile wallet

The Muslim Commercial Bank (MCB) has partnered with Visa to introduce a new socially connected mobile wallet that allows users to make payments for online purchases, pay bills, and buy top-ups at no extra fee.

BSP orders banks to submit credit card business activity reports

The Bangko Sentral ng Pilipinas (BSP), the Central Bank of the Philippines, has ordered local banks to submit credit card business activity reports (CCBAR) to find out risks involved in growing usage of plastic money in the country.

Bank of Moscow revamps BMmobile app for smartphones

The Bank of Moscow has revamped its mobile payments application B?mobile.

CIBC closes deals with Aimia, TD Bank Group

Canada-based bank CIBC has completed transactions with Aimia and TD Bank Group, under which it sold 50% stake in Aerogold VISA portfolio to TD Bank and signed a 10-year deal with Aimia to issue Aeroplan co-branded travel credit cards.

A middling year for innovation?

The year 2013 began with some outlandish predictions regarding lift-off for NFC, mobile wallets and contactless. And I dare say that similar predictions will be made for 2014, writes Douglas Blakey

BMI Bank, MasterCard partner to launch two new prepaid cards in Iran

Bank Melli Iran (BMI Bank) has partnered with MasterCard to launch two new prepaid cards, a generic multipurpose prepaid card and an Internet prepaid card.

Unisream launches new electronic wallet in Russia

Russia-based The Unistream International Money Transfer System has launched a new multifunctional electronic wallet, Unistream Money for free money transfers and payment operations.