All articles by Verdict Staff

Verdict Staff

Cyber Monday will see Brits spend over $500,000 dollars a minute in online card transactions – Visa

Cyber Monday (2 December) is expected to be the ‘busiest online shopping day’ in UK history, with $500,000 spent every minute on Visa cards alone.

Vanguard hires new head of investment strategy and research

Vanguard Investments has hired Jeffery Johnson as new head of its investment strategy and research team in Asia Pacific.

MTN Uganda works with Interswitch to extend ATM service

MTN Uganda will expand its ATM footprint thanks to its partnership with Interswitch.

Vodafone, ICS to launch new mobile credit card in 2014

Vodafone Netherlands has inked a deal with International Card Services (ICS) to launch a new mobile credit card, Visa World Card, in mid-2014.

Country Survey: Morocco

Morocco’s card payments channel recorded robust growth during the review period (2008-2012) and registered a CAGR of 15.14%, growing from MAD92.1bn (US$12bn) in 2008 to MAD161.9bn (US$18.9bn) in 2012. The growth was driven by infrastructural improvements such as contactless technology, an increase in the adoption of smartphones, and a reduction in card fraud.

WorldPay will execute Lycamobile Group end-to end payment service

WorldPay has been selected by Lycamobile Group to execute its end-to-end payments, including acquiring, gateway, risk, treasury and alternative payments.

Zong deploys biometric verification system in Pakistan

Zong, an Indian subsidiary of China Mobile, has become the first operator to deploy biometric verification system at its customer service centers in the country.

Diamond Circle to offer NFC tags that act as Bitcoin wallets

Australian startup Diamond Circle is set to start offering NFC tags that act as Bitcoin wallets, and NFC readers that merchants can use to charge customers in Bitcoins, NFC World has reported.

Yapi Kredi selects KOBIL’s technology to offer mobile security

Turkish bank Yapi Kredi has selected German IT security solutions developer KOBIL’s Application Security Technology (AST) platform to deliver mobile security for its customers.

Paysafecard forays into Bulgarian market

Paysafecard group, an Austria-based prepaid payment provider, has further expanded its footprints in Europe by launching its service in Bulgaria.