All articles by Verdict Staff
Verdict Staff
Adyen launches Mobile POS
Dutch headquartered Adyen has become the latest company to launch a mobile Point-of-Sale device, enabling merchants to accept Chip & PIN payments.
Online activity
Those who have visited Electronic Payments International recently – which Im sure includes every one of you – will have noticed significant change. At long last, www.electronicpaymentsinternational.com has had a facelift.
Enough NFC already!
This years Cartes Expo, Europes annual card-tech scrum, saw the grey-suited, middle aged crowds gather en masse to marvel at the latest in payments technology. But despite the best efforts of many vendors at the event to give us a glimpse of the future, in all honesty the whole event felt just a little passé, writes James Ratcliff.
Transit schemes get serious about open-loop prepaid cards
The Chicago Transit Authoritys plan to introduce an open-loop prepaid transit card marks a milestone in transit payments. Robin Arnfield compares it to other attempts and reports on the challenges associated with this type of product.
MTN and Pick n Pay launch a mobile bank in South Africa
African telecommunications provider MTN Group has partnered with retail chain Pick n Pay to launch a mobile-only bank in South Africa, called Tyme Capital.
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UK government to invest on m-commerce fraud prevention
The UK governments Technology Strategy Board is to make GBP1.5 m available to stimulate new solutions for mobile commerce to tackle the threat of theft and fraud. Through a Small Business Research Initiative (SBRI) competition, the body will fund organisations in order to develop m-commerce projects that demonstrate secure attributes and reduce the probability of fraud.
ICICI Bank launches new private banking credit card
ICICI Bank has added a new premium card to its ‘Gemstone Collection’ of credit cards, to better cater to the lifestyle needs of the growing affluent consumer segment in India.
Canada acquiring revs up
The Canadian acquiring market is highly competitive and consolidated into a small number of major players. Innovative technologies offer scope for further market growth while doubts are cast over some ISOs sales practices. Robin Arnfield reports.
American Express and Virgin Australia offer AUD0 annual fee credit card
American Express has partnered with Virgin Australia to offer a credit card with no annual fee. The card will carry the airlines loyalty program Velocity Frequent Flyer and customers will earn two Velocity-points per Australian Dollar spent.
Belgium fined by EU for failure to implement e-money Directive
The European Commission has referred Belgium to the European Court of Justice because they have failed to implement an EU directive relating to the supervision of electronic money institutions. The Court has been asked to impose daily penalties of EUR59,212.8 (USD 76,168.07) on the country until it complies.