All articles by Verdict Staff
Verdict Staff
Discover Financial Q4 net income up 12.6%
American card issuer Discover Financial Services has posted a net income of $563m, or $1.40 per diluted share, for the fourth quarter of 2016, a 12.6% increase compared to $500m, or $1.14 per diluted share, for the same period in 2015.
United Airlines to accept UnionPay credit cards for online ticket booking
United Airlines, UnionPay International and Planet Payment have teamed up to facilitate UnionPay credit card acceptance with the airlines for reservations and other ticketing purchases online and through call centres.
Womply rolls out new solution to reduce merchant attrition rate
Womply, a software partner to the credit card processing industry, has introduced its latest analytics solution that aims to enable acquirers and processors proactively identify risk and slash merchant attrition.
Fintech firm Net1 acquires 30% stake in Liechtensteins Bank Frick
Financial technology provider Net1 UEPS Technologies has agreed to acquire a 30% stake in Bank Frick, a family-run bank based in Liechtenstein, for an undisclosed sum.
MC Payment buys controlling stake in Genesis Payment Solutions
Singapore-based MC Payment has acquired a controlling stake in Genesis Payment Solutions, which is licensed by Alipay to acquire merchants on its behalf.
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MOBI724 to integrate its solutions with Visa Offers Platform
MOBI724 Global Solutions, a fintech firm offering integrated EMV payment, card-linked offers and digital marketing, has inked an agreement with Visa to integrate its solutions with the Visa Offers Platform.
UnionPay signs card issuance agreement with Pakistan Summit Bank
UnionPay International has inked an issuance agreement with Pakistan Summit Bank, whereby both financial institutions will jointly issue UnionPay cards in Pakistan.
FE Credit, MasterCard roll out new credit card
VPBank Finance Company (FE Credit) in association with MasterCard has introduced a new credit card that aims to attract first-time users in the under-penetrated credit cards sector in Vietnam.
EZ-Link launches contactless payment wearables with Garmin, Watchdata
Singapore’s CEPAS-compliant cards issuer EZ-Link in partnership with Garmin Ltd and Watchdata Technologies has released its latest product line featuring smart, stylish wearables offering ez-link payment functions and a new range of lifestyle options.
National Australia Bank introduces new rewards programme
National Australia Bank (NAB) has launched its new rewards programme that will allow customers to improve the value of their everyday spending by earning and redeeming points on some of the best value products.