All articles by Verdict Staff
Verdict Staff
UAE officials warns retailers against charging extra fee on card payments
Retailers in UAE will be penalised for charging extra processing fees on credit card or debit card payments, the commercial compliance and consumer protection division (CCCP) CEO Omar Bu Shahab has said.
Skrill launches new mobile app to manage digital wallet account
UK-based online payments company Skrill has unveiled its new Mobile App, designed to enhance user experience when sending and receiving money, while simplifying the process of money management on the move.
TransCash unveils new product to facilitate card to card money sharing
TransCash, a US-based financial services company, has launched a new financial product which facilitates money sharing from card to card in the UAE.
Visa teams up with Blue Label Mexico to expand electronic payments
Visa has teamed up with Blue Label Mexico to expand mobile payment terminals and acceptance of electronic payments in small retail locations across the country.
LT launches enhanced ACH service for cross-border payments
LendingTools.com (LT), a third-party provider of inter-bank transaction and reporting systems, has launched an enhanced Automated Clearing House (ACH) service to simplify the origination processes for cross-border payments across the world.
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Digital Finance – it’s getting ready to explode
The digital economy is changing at a rapid pace and 2014 is set to feature a number of exciting innovations. Mike Laven, CEO of The Currency Cloud, argues that there is scope for banks to learn from and work more closely with the start-up community
Cardlytics and Lloyds Bank team up on targeted offers
Cardlytics has announced it is to launch a new programme with Lloyds Bank, giving customers 5-20% cash-back on purchases by using their debit or credit card on targeted offers.
Bank of New Zealand places order for second lot of PayClip card readers
Bank of New Zealand (BNZ) has placed its second order for 1,500 PayClip card readers with Mint Wireless, in addition to its initial order of 2,500 card readers.
Contactless payment data can be picked up from almost half a metre, say researchers
Researchers from the University of Surrey have claimed that contactless payment data can be gathered without drawing suspicion from as far as half a metre of a payment terminal.
African Resonance to supply Ingenicos new payment devices to Standard Bank
Global payment solutions provider Ingenico has signed an agreement with its local value added reseller, African Resonance, to supply its new generation payment devices to Standard Bank, a Pan-African banking group.