All articles by Verdict Staff
Verdict Staff
India: HDFC bank rolls out premium credit cards for doctors
Indias HDFC bank has launched two high-end credit cards for doctors called Doctors Superia and Doctors Platinum that come with a loyalty scheme and offer lifestyle benefits. The bank said these premium credit cards are designed to cater to the lifestyle, travel and other needs of doctors
US: Q-Card, ICC Solutions seal EMV deal
ICC Solutions, a provider of EMV test and certification products, and Q-Card, a supplier of magnetic stripe test cards, have inked a deal aimed at driving the migration to EMV chip-and-PIN payment standards in the US Britain-based ICC Solutions will add Q-Card to its sales, marketing and support infrastructure in the US as part of its plans to expand operations in the country through EMV chip cards.
Alpha Bank moves loyalty scheme to Welcome Real-time’s managed services
Greece-based Alpha Bank has announced the migration of its loyalty programme to the managed services of loyalty solutions provider Welcome Real-time. With the move, Alpha Bank hopes to focus on the business efficiency of Bonus, its loyalty scheme, while Welcome Real-time will be tasked with the daily operations of the loyalty platform.
Analysis: card market dynamics in Asia-Pacific
Asia-Pacific markets remain some of the most robust in demand and availability of credit. But which are the most attractive for credit card issuers William Cain looks at growth markets like India and the Philippines, as well as mature markets including Australia, Hong Kong and Singapore
BMO Spend & Payment Solutions ties knot with Chrome River for expense management
The commercial card and payment solution division of Canadian bank Bank of Montreal (BMO) has gone into a partnership with Chrome River Technologies, an expense reporting and invoice automation and management solutions provider. BMO Spend & Payment Solutions will offer a corporate card that will be linked to the expense reporting technology of Chrome River The executive managing director for BMO Spend & Payment Solutions, Terry Wellesley, said this would provide deeper visibility for corporates that travel on business, as well as their businesses billing and payment departments.
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First Data launches security compliance tool for SMEs
First Data is going to launch a solution called PCI Rapid Comply for small to mid-size merchants to help them comply with PCI DSS standards. Fist Data says the PCI Rapid Comply is an easy-to-use online Self-Assessment Questionnaire (SAQ) and vulnerability towards fraud and data breaches scanning tool that will help merchants to achieve and maintain PCI DSS Compliance.
Singapore: Citi enhances card, ATM security
The ability to deactivate and reactivate your credit card on the spot, as well as the option to specify a time period to activate overseas transactions for ATM and debit cards. These were some of the extra security features announced by Citibank Singapore yesterday, ahead of industry-wide measures to beef up ATM and card payment security that will kick in by next Saturday.
Jamaica’s government unveils m-money plans
The Jamaican government has plans to launch a mobile payments service to promote financial inclusion among the under-banked population of the country, local media reports. The Minister of Industry, Investment and Commerce, Anthony Hylton said that the government is working in co-operation with the Development Bank of Jamaica to build a service called Mobile Money
China UnionPay and China Mobile partner to launch m-payments
Chinese card network China UnionPay (CUP) and mobile network operator China Mobile have entered into a partnership to work spur the development of the mobile payments industry in the country
India permits non-banks to operate ATMs
The Reserve Bank of India has confirmed the permission on 21 June and said opening the market up to non-bank entities would speed up the distribution of delivery channels other than the branch.