All articles by Verdict Staff

Verdict Staff

Prepaid takes the lead in innovation

There are many buzz words when it comes to identifying innovation in the payments industry but not many have proven to be as appealing as prepaid. Sara Perria looks at why experts see it as the most profitable investment for the future

AFEX launches enhanced payment solution

AFEX, a non-bank provider of foreign exchange payment solutions, has launched an enhanced version of their AFEXDirect.

Virtual Piggy joins forces with Oracle Ecommerce Platform

The kids’ e-commerce solution Virtual Piggy has joined forces with global developer of business software and hardware systems Oracle. Integrating with Oracle’s ATG Web Commerce platform, the youth-friendly payment solution will be available to all Oracle merchants.

US states banning retailers’ card surcharges

A pivotal US law-suit, pitting the six major card issuers and two major card brands against the retailers’ organization over card surcharges, has sparked a legislative backlash.

Kenyan banks given deadline for EMV migration

The Kenyan central bank has set September 30 2013 as the deadline for commercial banks to migrate from magnetic stripe to EMV smart chip for ATM, debit and credit cards.

iWallet could be underway

Recent patent filings by Apple have sparked rumors that the company is working on an electronic payment system and app, dubbed iWallet.

Italy’s Jusp set to launch mobile card reader

Italian mobile POS startup Jusp has secured $6m in funding to launch an app and dongle system that turns mobile phones into card payment terminals.

UK bans “rip-off” card surcharges

The UK government is cracking down on firms enforcing “excessive” surcharges when customers use their debit and credit cards.

Country Survey: South Africa

Ever-evolving technology and infrastructure have helped drive the South African cards market. However, the rich and poor divide remains as clear as ever. Huge percentages of its population are either underbanked or unbanked, which is an area identified by both Visa and MasterCard, writes Ben Carey-Evans

SiNSYS merges into SIA

SiNSYS, Belgium subsidiary of SIA, is to fully merge into the Italian payment processor.