All articles by Verdict Staff
Verdict Staff
UK: Asda issues cash-back card by MasterCard
Walmarts UK subsidiary Asda is entering the rewards cards market with a MasterCard credit card that will offer cash-back for grocery and fuel shopping, and other competitive incentives. The Asda Money Credit Card offers 1% cash-back on grocery shopping at Asda stores, plus 1% cash-back for Asda fuel, as well as 0.5% cash-back for shopping in non-Asda stores.
Poland’s Getin Noble Bank extends First Data contract
Payment processor First Data has extended its contract with Polands Getin Noble Bank until 2018, adding fraud detection services to the services it provides.
Geopon launches single m-payment platform
Solution provider Geopon has launched a mobile platform combining geo-targeted coupons and savings with electronic reward programs and payment processing. The new app targets the expanding mobile coupon market and Geopon claims its the first solution of its kind The service will be launched in the South Florida market and will target iPhone and Android user.
Elavon adds EMV to Safe-T to increase security
US Bancorps merchant acquiring and payment processing arm Elavon has introduced an EMV support to its Safe-T Suite security solution to increase security for payment transactions Safe-T Suite aims to protect card data during all steps of the transaction process, as EMV terminals read advanced algorithms contained on chip cards and ensure the card is not a counterfeit, Elavon said Elavon deploys point-to-point encryption technology, which secures the consumer and payment data from the time a card is presented and as it travels across the payment processing networks
UAE Exchange goes live with e-kiosk MyBranch
UAE Exchange has teamed up with Euronet and MBME, a payment system provider that specialises in kiosks, to launch an electronic kiosk service that enables consumers to pay bills and initiate remittances.
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China UnionPay inks deal with Australian retailer, NAB & CBA
China UnionPay has attracted the attention of entertainment and shopping centres in Australia, which have all switched their banking relationship to China UnionPays local partner National Australia Bank (NAB) in order to gain access to the Chinese card networks transactions.
Citi rolls out mobile alerts worldwide
Citi Commercial Cards has announced plans to roll out its mobile alerts service for cardholders and program administrators globally Citis global mobile messaging services enable corporate cardholders to receive SMS or email alerts when payments are due or overdue, or when replacement cards have been issued The service will be available across Europe, the Middle East, Africa and Asia, following pilots in the US, India, Singapore and Colombia.
Poland: First Data new partner of SGB-Bank
First Data will be the provider of card issuing and payment processing services of the newly established SGB-Bank in Poland
Country Survey: Poland
Change has been a constant for Poles over the centuries Time and again, the country has adapted to world events
Brazil’s Cielo buys Merchant e-Solutions
Brazilian merchant acquirer and payment processor Cielo is set to buy US global payment solutions Merchant e-Solutions (MeS) for USD 670 million With the acquisition of MeS, Cielo hopes to establish itself in the US market and introduce new services in Brazil’s increasingly competitive card processing market MeS processes around USD 14 billion in transactions per year for 70,000 retailers on behalf of over 250 financial institutions according to figures released by the company.