All articles by Verdict Staff

Verdict Staff

Wirecard launches mobile payment app boon in Switzerland

German digital payment company Wirecard has launched its mobile payment solution boon in Switzerland with Apple Pay support.

Yandex adds Apple Pay as new payment option

Yandex.Checkout, a Russia-based payment service provider, announced that its merchants can now accept contactless payments through Apple Pay.

SIX Payment Services rolls out virtual credit card in Austria

SIX Payment Services has introduced a SIM-based virtual credit card, known as PayLife 0100, for facilitating mobile payments in Austria.

UnionPay, Myanmar Payment Union sign chip card licensing agreement

UnionPay International, a global subsidiary of China’s only domestic bank card organisation UnionPay, has signed a chip card standard licensing agreement with Myanmar Payment Union (MPU), the national switch network in Myanmar.

Bank of America Merrill Lynch expands ACH payments system

Bank of America Merrill Lynch (BofA) has upgraded its expanded its automated clearing house (ACH) payments system CashPro that will allow users to make cross-currency automated clearing house (ACH) payments to 60 countries and in 22 currencies.

BMPS to divest merchant acquiring operations to ICBPI for €520m

Italy-based Banca Monte dei Paschi di Siena (BMPS) has agreed to divest its merchant acquiring business to Istituto Centrale delle Banche Popolari Italiane (ICBPI) for €520m.

Bottomline Technologies integrates NCR solution for faster payments

Bottomline Technologies, a provider of cloud-based payment and digital banking solutions, has integrated NCR Corporation’s intelligent transaction processing platform Authentic into its direct faster payment service (FPS) solution.

Sweden’s Klarna to snap up German online payment firm BillPay

Swedish e-commerce payments company Klarna has agreed to purchase German online payment provider BillPay for an undisclosed amount.

Can the Federal Reserve bring the efficiency the US payments system needs?

While a number of other large payment markets have made significant progress towards payment modernisation, the Federal Reserve is still at nascent stage of developing the real-time payments in the US market.

Mashreq adds new features to protect debit and credit cards from unauthorised use

Mashreq, a UAE-based financial institution, has brought two new advanced safety features to its Card Control service, integrated with its mobile banking app known as Mashreq Snapp.