All articles by Verdict Staff
Verdict Staff
Twitter shuts down in-site payment option shortly after launch
Within hours of launching, a Twitter in-stream payments service from start-up Ribbon has been shut down.
Commercial cards hit for US banks
Revenue from commercial cards has been growing at a steady pace in the past decade, spurred by an increasingly global economy. Sara Perria investigates how banks in the US have coped with the financial crisis, turning it into an opportunity to strengthen their commercial cards business
Moroccan bank CIH launches international women-only card
Morocco’s bank Credit Immobilier et Hotelier (CIH) has launched an international multiservice card designed specifically for women.
South Korea tightens online transaction security
South Korea is tightening the security surrounding its online and mobile payment systems, following security breaches last November.
New retail POS report forecasts e-payment boom
The popularity of electronic payments has fundamentally altered the nature of POS, as retailers embrace m-payments and e-commerce, said the annual retail POS 2013-2018 Forecast from Javelin Strategy & Research.
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Al Hilal bank introduces Sharia-compliant debit card
Ahlibank’s Al Hilal Islamic Banking Services has become one of the first Islamic banks in Oman to introduce a chip-based debit card for its customers.The newly introduced Sharia-compliant debit card will be accepted worldwide for cash withdrawals as well as at merchant outlets.
Kalixa launches complete payment ecosystem
Kalixa Group is set to roll-out integrated mPOS, e-wallet and acceptance products across Europe, the Americas, Asia Pacific and the Middle East.
China Mobile upgrades consumers to NFC
China Everbright Bank and China Mobile’s e-commerce subsidiary have joined forces on the operator’s mobile wallet service. You Feng, gm of China Mobile’s e-commerce operations division, said that China Mobile subscribers will be able to exchange their current SIM cards for SIM cards supporting mobile payments.
The last days of cash?
When you stop to consider the impact that digital technology has had on our lives over the past decade, it seems anachronistic that we still use notes and coins to pay for goods and services, a system which has barely changed since the very earliest days of human civilization.
European Commission investigates MasterCard inter-bank fees
MasterCard is being probed by European regulators in connection with the inter-bank fees the firm charges for processing transactions. The European Commission (EC) launched the investigation on April 9th, citing concerns that some of the company’s fee practices might be “anti-competitive.”