All articles by Verdict Staff
Verdict Staff
Bank of Moscow, MasterCard partner to launch new mobile payment service
Bank of Moscow has partnered with MasterCard to launch a new mobile payment service that can be used to top up students’ personal accounts for school meals payments.
South Korea finance regulator raises daily purchase limit on debit cards to $5,600
Financial Services Commission (FSC), the South Korean financial regulator, has increased the daily purchase limit on check cards usage from current KRW3m ($2,847) to KRW6m ($5,659) from January 2014.
FISC Solutions introduces new mobile cheque deposit service
FISC Solutions, a Maine-based back office services provider, has introduced a new mobile cheque deposit service, FISCapture Mobile, for financial institutions.
Maximum interest rates on credit card transactions remain unchanged in Turkey
The Central Bank of the Republic of Turkey (CBRT) has announced that the maximum interest rate of credit cards transactions will not change until 1 April 2014.
Michigan to replace JPMorgan Chase with BoA for providing unemployment debit cards
The state of Michigan is planning to switch to Bank of America (BoA), replacing JPMorgan Chase, as provider of its unemployment debit cards in the state in April 2014.
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Santander Bank reduces daily limit on debit card spending, withdrawal
Santander Bank has reduced the daily limits on credit and debit card spending and withdrawals to protect customers who were affected with the recent data breach at Target stores between 27 November and 15 December 2013.
MBNA launches new Platinum credit card
MBNA, a UK-based credit card issuer, has added a new credit card, MBNA Platinum, to its portfolio.
Jordan defers mobile payments launch to March 2014
The National Payment Council of Jordan has decided to defer the roll out of the payment system through mobile phones to 1 March 2014.
Sina starts piloting new online-only credit payment service in China
Sina Corp, a China-based internet company, has started piloting its new online-only credit payment service.
GhIPSS to introduce gh-link mobile payment system in Ghana
Ghana Interbank Payment and Settlement Systems (GhIPSS), in collaboration with e-transact, has developed a gh-link mobile payment system for all bank customers in Ghana.