All articles by Verdict Staff
Verdict Staff
Amex Canada expands business payments services
Looking for profits from domestic and cross-border B2B payments, American Express has brought two of its commercial payment services north of the border to Canada Amex’s Buyer Initiated Payments (BIP) service addresses businesses needs for working capital management, while its Foreign Exchange International Payments (FXIP) offering targets SMEs seeking convenient ways to send and receive foreign currency payments
Country Survey: Turkey
The Turkish word for cash is spelled the same as the old Ottoman word for partridge and the bird now features in TV marketing to encourage consumers to use less cash
MasterCard prepaid research shows consumers turn to online shopping during the run-up to Christmas
New research commissioned by MasterCard has shown how the extra costs associated with Christmas shopping trips including unplanned purchases, coffee, meals and transport and parking fees are forcing consumers to use the internet as an alternative MasterCard Prepaids Christmas Spending survey also revealed that over half of adults (55%) who go Christmas present-buying splurge on unintended impulse purchases for others, while 45% of Christmas shoppers fall prey to temptation and buy additional items for themselves
MasterCard prepaid research shows consumers turn to online shopping during the run-up to Christmas
New research commissioned by MasterCard has shown how the extra costs associated with Christmas shopping trips including unplanned purchases, coffee, meals and transport and parking fees are forcing consumers to use the internet as an alternative MasterCard Prepaids Christmas Spending survey also revealed that over half of adults (55%) who go Christmas present-buying splurge on unintended impulse purchases for others, while 45% of Christmas shoppers fall prey to temptation and buy additional items for themselves
Q&A: MasterCard and Western Union expand global prepaid partnership
Part of the expansion of the relationship is an interoperable network, which will enable consumers to remit funds from a Western Union agent to eligible MasterCard accounts and give them more options when transferring funds.
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Editor’s letter: The post-Durbin shake-up
Certainly not in our London office, where another issue of Cards International is being corralled towards the hungry presses, the atmosphere in the office is more agitation than celebration And after their celebrations, the giants of the US retail banking sector will, themselves, be returning to the rather fraught working environments to which they have become accustomed.
First Data: Innovation and organisation
Unlike many, however, it has approached it as an opportunity to make the most of a bad situation and has substantially reorganised to maximise cross-selling opportunities
HDFC Bank, Vodafone launch mobile banking in India
Vodafone India has partnered with HDFC Bank to deploy its M-paisa mobile banking service in the north-western Indian state of Rajasthan Selected Vodafone outlets in the Rajasthan region will function as bank branches, enabling the networks customers to deposit money onto mobile wallets The service will also allow consumers to deposit and withdraw cash, send money to other mobile phones and receive money from overseas onto their Vodafone mobile devices
Telefónica, RIM launch mobile wallet in Spain
Telefnica Digital and Research In Motion (RIM) are collaborating on a pilot mobile wallet for Blackberry devices This comes after Telefnica and RIM recently announced a trial of their NFC-based payment and identity card system – Telefnica Wallet for Blackberry
BBC investigates m-payments in Turkey
It will come as no surprise to regular readers of Cards International that Turkey is a global hub for payments innovation.