All articles by Verdict Staff
Verdict Staff
Visa Q1 net income up 7%
Visa has reported a net income of $2.07bn for the first quarter of fiscal year 2017, an increase of 7% compared to $1.94bn during the same period a year ago.
Barclaycard merchants to accept payments via VocaLink’s Pay by Bank app
Barclaycard, part of Barclays Retail and Business Banking, has teamed up with VocaLink, allowing its merchants to accept mobile payments through Pay by Bank app.
Atlas Mara, MasterCard to establish digital payment ecosystem in sub-Saharan Africa
MasterCard has reached an agreement with British Virgin Islands-based financial services firm Atlas Mara to establish a stronger digital payment ecosystem in sub-Saharan Africa.
Online lender SoFi to take over digital banking startup Zenbanx
Online lending firm SoFi has agreed to acquire Delaware-based mobile-banking startup Zenbanx for an undisclosed sum.
Pelican launches fraud prevention platform for SWIFT and wire payments
Pelican, a provider of payments and compliance solutions, has launched a new fraud prevention solution, powered by artificial intelligence (AI), to combat fraud threats and the vulnerabilities facing SWIFT and wire payments.
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Liverpool introduces its own digital currency
The city of Liverpool has launched its very own currency using technology from Colu, an Israel-based blockchain startup.
No end in sight for UKs contactless surge
Since the launch and popularisation of contactless payments in the UK, there seems to be no peak in the solutions use. Much has been made of contactlesss success in the UK and, according to new research, the success is not over yet. Patrick Brusnahan reports on how this boom has changed the payments landscape
MasterCard, UniRush to pay $13m over technology breakdown
The US Consumer Financial Protection Bureau (CFPB) has ordered MasterCard and UniRush to pay $13m over a technology breakdown in 2015 that left thousands of RushCard users unable to access their funds.
Chargebacks911, ACI Worldwide partner to combat illegitimate chargebacks
Chargebacks911, a subsidiary of Dublin-based Global Risk Technologies, has partnered with payment solutions provider ACI Worldwide to help merchants to fight illegitimate chargebacks.
GE to divest 43% stake in Hyundai Card
GE has reached an agreement to divest its entire 43% stake in Hyundai Card Co (HCC) to Hyundai Commercial, Affinity Equity Partners, GIC and AlpInvest.