All articles by Verdict Staff
Verdict Staff
Citi launches web-based commercial card activity monitoring app
The programme can be used by corporations for card management, compliance and optimisation and enables the banks clients to detect card transactions that are not within their set limits and outside their internal policy rules.
Discover payment service pre-tax income up 21% YoY in Q1
Discover Financial Services has generated a pre-tax income from payment services of $52m in the first quarter of the year an increase of 21% on the year ago quarter.
Discover expands network further – now in Puerto Rico
Discover has announced an agreement with Puerto Rico-based Evertec, a payment processor that also specialises in merchant acquiring and business management solutions. Evertec own and operates Puerto Rico’s debit payments and ATM network ATH. Financial institutions that are part of the ATH network can now issue signature debit Discover cards.
Profile: PaySecure Connect by Mako, Phoenix, InTechnology
What do you get when you combine a cloud-based network management company, a payment network services provider and a data storage and management solution provider You get PaySecure Connect: a PCI DSS-compliant payment and communications service for merchants set up by Mako Networks (cloud-based network management company), Phoenix Managed Networks (payment network services provide) and InTechnology (data storage and management solution provider). Cards International has spoken to Phil Hambly, group marketing director of InTechnology, Bill Farmer, CEO and Chris Nation, CEO and commercial manager Europe for Mako respectively, and John McDonnell, and Alan Stephenson-Brown, CEO and director (UK & Europe) of Phoenix Managed Networks respectively.
Mobile expected to boost P2P payments in LatAm
Despite Latin Americas fast-growing internet population and e-commerce markets, online person-to-person payments are still embryonic in the region. But the advent of mobile payment services is expected to stimulate growth in P2P transfers, industry observers tell Robin Arnfiel
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$10bn worth of m-payments on VeriFone gateway
Transactions made on VeriFone’s PAYware Connect, a cloud-based mobile payments gateway, have surpassed $10bn in the US in the past year. VeriFone’s PAYware Connect is a cloud-based mobile payments gateway solution that is PCI compliant and offers end-to-end encryption
Bank of Baku implements BPC’s SmartVista, SmartGuard
The deployment of SmartVista is part of the Azerbaijani banks plans to grow its cards portfolio to 500,000 within the next 24 months and also targets growth of its ATM and 247 kiosk network as the local banking industry works towards a safer card infrastructure network
eMerchantPay and WorldTicket partnership takes off
eMerchantPay has snapped up a deal with WorldTicket, a reservation systems provider for airlines, to supply instant e-payment acceptance and processing. eMerchantPay specialises in international online payment processing gateway services for e-commerce and virtual terminals and its solution will be integrated into WorldTicket’s reservation system Sell-More Seats This way, airlines will no longer need to individually go through merchant account approval, technology selection and technology integration processes
PayPal launches m-payments reader “PayPal Here”
PayPal has unveiled PayPal Here, a small card reader device the size of a thumb for SMEs to accept payments on mobiles PayPal Here allows merchant to accept payments by swiping cards in the card reader, scanning cards and checks using their phone cameras, or manually entering card information into the app, the company assures
Etisalat to grow m-payments network
UAE -based telco Etisalat seeks to expand its mobile financial services within the region by taking advantage of the large expatriate population in the Gulf area. The expatriate community living in the UAE reached 8.26m last year, representing a 88.5% of the UAEs combined population, according to figures by the National Bureau of Statistics