All articles by Verdict Staff

Verdict Staff

Taiwan RTGS system adds RMB to its SWIFT platform

SWIFT, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, today announced that Renminbi (RMB) settlement and clearing services are now available on Taiwan’s Real Time Gross Settlement (RTGS) system.

Government Response to Floods Bolsters use of Debit and Prepaid Cards in Pakistan

The Pakistani Government took new measures to help its citizens following the floods in 2010. An initiative to issue the population with debit and prepaid cards, not only boosted the economy and helped the population recover, but also had a positive effect on card payments in Pakistan.

Paying with your phone; a positive outlook for MPOS technology

Paying with our phone could soon be the new reality for shoppers. According to new research from Timetric, things are looking bright for the global mobile-point-of-sale industry (MPOS).

emerchants to test loan preference through cards with Cash Converters

Australia-based payments solutions provider emerchants has signed a 3-month trial agreement with six stores of Cash Converters International to evaluate customer preference for loans to be offered through prepaid debit cards instead of cash.

Australian crowdfunding StartSomeGood offers credit card payments

StartSomeGood, the crowdfunding platform for social innovation, said it is supporting direct credit card payments for Australian ventures.

Unwired Planet sues Square over mobile payment patent violations

Unwired Planet has sued Square in the US District Court of Nevada for violating its three patents associated with location-based services and mobile payments.

MasterCard pilots new solution for corporate travel industry

Payment network MasterCard is piloting its new integrated solution called Travel Controller with selected banks, travel management companies (TMCs) and end corporate customers.

Game changer for mobile payments yet to come

Despite the hype, mobile payments is still some way off from being a serious challenger for cash and card payments, according to new research by Timetric.

SIA to launch mobile phone payment system in early 2014

SIA, a payments system technology and services provider in Italy, is planning to launch its contactless mobile phone payment system in its domestic market in early 2014.

Co-operative Bank of Kenya selects Tieto platform to expand business in South Sudan

Co-operative Bank of Kenya, a commercial lender, has selected Finland-based Tieto’s payment card platform to expand its business operations in South Sudan.