All articles by Verdict Staff
Verdict Staff
Cards and Payments Europe 2012 – the countdown begins!
Only one more week to go until Europes innovators from the cards and payments industry come together in Barcelona to celebrate the best products and services in their industry Cards and Payments Europe is celebrating its silver anniversary this year and that is not the only reason why this years event will be of supreme impact: This year, Cards and Payments Europe is taking a fresh approach and is moving away from the traditional one-to-many conference format.
iZettle lands in UK
iZettle, a manufacturer of mobile POS devices for iPhone, iPad and iPod Touch has announced that a beta version of its card readers is now available by request of an invitation via the company’s UK website.The Stockholm-based start-up will be testing its mobile EMV reader among 3000 individuals and small business from whom iZettle hopes to get feedback for a full roll out in the future
Plastiq raises USD 2.35m in angel funding
TheAmerican card processing start-up Plastiq has raised USD 2.35m in its first angel funding all-equity round The investment comes from capital firms Atlas Venture and Flybridge Capital Partners, according to a notice filed at the US Securities and Exchange Commissionon 11 May.
GRGBanking’s ATM to issue gift cards
Chinese ATM manufacturer GRGBanking has announced that its equipments will now issue debit and gift cards on demand The gift card issuing ATM will be available in the market soon, said Kevin Luo, director of business development at GRGBanking to SelfServiceWorld.com, not disclosing further details. The ATMs will be able to write out magnetic stripe or chipped cards, and roughly any type of gift cards, said Luo.
Prepaid M&A: Wright Express acquires CorporatePay
Payment processor Wright Express has acquired UK-based CorporatePay for about USD27.5m. CorporatePay is a corporate prepaid solutions provider that specifically markets to the travel industry Its portfolio includes virtual cards, currency cards and expense management solutions
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Interview: EPC’s Javier Santamaria
Here, he speaks to Duygu Tavan about the tangible future of SEPA. Santamaria has been chairman of the EPC SEPA Payment Schemes Working Group since 2009 and is also a member of the Board of the Euro Banking Association, a director the SWIFT Board and of theIberpay Board
FICO releases interactive map of fraud
Now, the answer to this question will be both easily available and accessible as FICO has introduced an interactive fraud map of Europe. Users can click on particular countries on the map for detailed analysis of card payment frauds from 2006 2011 in 21 European countries
JPMorgan plans to launch Visa prepaid card called Liquid
Chase Liquid card holders do not need to have a bank account, but must be over age of 18 and will be charged a monthly fee of USD4.95, which is cheaper than the usual JPMorgan Chase products such as a current accounts that ranges from USD6 to USD35 a month
American Express rolls out prepaid card on US Campuses
American Express (AmEx) has announced a partnership with US college bookstores Barnes & Noble to launch a prepaid version of its high-end credit card One is a temporary card that can be acquired at Barnes & Noble for $4.95 onto which customers can load $25 to $500 at Barnes & Noble bookstores
Georgia Public Policy Foundation demands prepaid cards for benefit payments
Georgia Public Policy Foundation (GPPF), a free-market think tank based in Atlanta, has called on the US government to adopt prepaid cards as the primary method for the payment of unemployment benefits, where paper cheques and direct deposit into a bank account are the only ways to receive benefits.