All articles by Verdict Staff
Verdict Staff
US: MasterCard, Green Dot Corporation, AARP Foundation offer prepaid card for over 50s
MasterCard has partnered with Green Dot and AARP Foundation, an organisation thatassists American over 50s tomarket a prepaid card for the over 50s in the US The AARP Foundation Prepaid MasterCard can be used for direct deposit of pay cheques and federal benefits payments
Payment Data Systems introduces debit only payment system
Payment Data Systems (PDS) has introduced a debit only card payment method. The initiative is targeted at organisations such as religious institutions.
The death of a merchant acquirer?
No European economy is riding high at the moment, but Italy in particular has been attracting a number of negative news stories recently. These range from the tragic sinking of the Costa Concordia to the hilarious (unless you’re Italian) exploits of Silvio Berlusconi. But it is the new governments approach to merchant acquiring that has caught the attention of Duygu Tavan
Profile: M-Pesa
It is fair to say that Kenyan mobile payments service M-Pesa has rocked the industry The countrys banking industry has looked on helplessly as it has developed services for the unbanked, and grown impressively in scope in the little time since its launch
Chase Card Services partners Disney to expand reward scheme portfolio
Chase Card Services has expanded its reward scheme portfolio by partnering with the Walt Disney Company to launch a premier Visa card The card offers Disney customers a way to earn rewards at Disney stores and resorts Cardholders earn 2% on card purchases at restaurants, grocery stores, gas stations and most Disney locations at its Florida and California-based resorts as well its cruise line and stores
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Sweden gets the hots for m-payments
Mobile payments have had a relatively slow take up in all of Scandinavia until now In Sweden, the countries four big mobile phone operators have formed a joint mobile payments initiative to market a cross-party service
Technology’s growing role in stemming corporate payment fraud
The increasing automation of business payments is opening up opportunities for fraudsters both inside and outside corporations Due to the growing volume of electronic transactions and lower levels of accounts payable staffing, payment fraud can go undetected for longer
Call for Speakers – Prepaid Summit Middle East 2012
Prepaid Summit Middle East will be taking place on March 21 in Dubai, and we are starting to put the programme together.
Turkey’s BKM joins NFC Forum
The Turkish inter-bank card centre BKM has become the first Turkish financial institution to join the NFC Forum. The BKM is actively supporting the adoption of NFC technology in Turkey
Predictions of 2012 by Ben Snowman, Director, Simon Kucher Partner
By the end of 2012, banks and payments companies will be designing customer-led revenue models for mobile banking and payment services These models will be based around the theme of ‘Fair Value Exchange’ – aligning the services that customers seek alongside responsible, yet profit-oriented pricing. Value-based pricing will become common practice for banks as they design mobile propositions to meet different customer segments needs and align pricing models and price levels to tap into these segments willingness-to-pay