All articles by Verdict Staff
Verdict Staff
ICICI Venture buys stake worth US$22.4 million in BTI Payments
ICICI Venture, the alternative asset management arm of ICICI Bank, has bought a strategic stake in BTI Payments, an ATM management company and a subsidiary of Australia-based Banktech Group, for INR1.4 billion (US$22.57 million).
Emerchants to provide prepaid cards to Queensland Treasury Department
Emerchants has inked a five year deal with Queenslands Department of Treasury and Trade to provide prepaid card solutions.
China Telecom introduces new mobile wallet payment service
China Telecom has introduced its new mobile wallet contactless payment service in cooperation with over ten banks, according to Marbridge Consulting.
Number of open retail-issued credit cards surpass 183 million: Equifax report
The total number of open retail-issued credit cards has exceeded to more than 183 million since September 2009, according to the latest Equifax National Consumer Credit Trends Report.
HPPSC launches new online payment gateway
Himachal Pradesh Public Service Commission (HPPSC) has signed a Memorandum of Understanding (MoU) with Punjab National Bank to launch online payment gateway, to enable the applicants pay examination fee without any difficulty.
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Reserve Bank of India makes PIN mandatory for debit card transactions in India
Consumers purchasing at retail outlets in India must enter PIN number of their debit card for all the card-based transactions, following the new guidelines issued by Reserve Bank of India (RBI).
Sri Lankas ICTA to launch mobile e-payment services
The Sri Lankas Information and Communication Technology Agency (ICTA) has said that it will integrate EzCash, a mobile money service operated by Dialog Axiata, to the Lanka Gate the eServices portal of the government of Sri Lanka, according to portal futuregov.asia.
First Atlantic Bank, Yfm team up to unveil new debit card
Ghana-based First Atlantic Bank has teamed up with a youth radio station Yfm to launch a new debit card, Faym debit card, which allows customers to transact business online and has access to all ATM machines locally.
Bank Muscat to recover $39m pre-paid card fraud losses
Bank Muscat has reached an agreement with its insurers to compensate the $38.8m loss suffered from a globally coordinated fraud campaign earlier this year.
AYA Bank ATMs to accept cash withdrawals from MasterCard, Maestro, Cirrus cards
Myanmar-based Ayeyarwady (AYA) Banks automated teller machines (ATM) will now accept cash withdrawals from MasterCard and Maestro/Cirrus cards.