All articles by Verdict Staff
Verdict Staff
Kasikornbank inks deal with China’s UnionPay to launch new credit card
Thailand-based Kasikornbank has inked a cooperation agreement with UnionPay International (UPI), a Chinese credit and debit cards issuer, to launch KBank UnionPay Credit Card.
International Bank of Qatar to introduce Visa Signature Card
International Bank of Qatar (ibq) is set to introduce a new Visa Signature Card for its customers, with monthly earnings of QAR 50,000 or more.
NCR to develop new ATM software application for Bank of China
NCR Corporation, a consumer transaction technologies provider, has been selected by the Bank of China to develop new automated teller machine (ATM) applications running on its multivendor software platform, NCR APTRA Edge.
Country Survey: India
Growth in cards and payments in India continues to be driven by the large unbanked population, estimated to be 43.8% in 2012. The Reserve Bank of India has been behind regulatory changes aimed at financial inclusion and the issuing of prepaid cards to those without bank accounts, encouraging further growth, EPI writes
Reserve Bank of New Zealand to review its payment systems
Reserve Bank of New Zealand is set to review its NZClear and ESAS high value settlement systems as it expects major upgrades in the coming 2 – 4 years.
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HKAB recommends best practises on NFC mobile payment
The Hong Kong Association of Banks (HKAB) has issued a set of common standards and recommended best practises for banks offering mobile near field communication (NFC) payment services in the country.
RBI recommends Aadhaar authentication for card-based transactions
The Reserve Bank of India (RBI) has recommended Unique Identity Authority of India’s (UIDAI) Aadhaar as an effective alternative for authentication in card-based payment transactions at point of sale (POS) terminals or at ATMs.
PayPal extends capabilities for prepaid gift card acceptance
PayPal, a global e-commerce business, has extended its capabilities to add support for prepaid gift cards, allowing shoppers to redeem their gift cards online.
MasterCard teams up with Ogone to deploy MasterPass technology
MasterCard has joined forces with Ogone, a global online payment provider, to integrate and deploy its MasterPass technology for the future of digital transactions.
SmartMetric develops digital Card Wallet solution
SmartMetric has developed Card Wallet, a digital wallet solution which is a one or many cards on one card solution protected by biometrics.