All articles by Verdict Staff
Verdict Staff
DBS Bank launches overseas payments service
Singapores DBS Bank has unveiled an overseas payments service to help customers avoid high foreign exchange (FX) and conversion fees on making overseas payments.
Amex Q4 net income down 8.2%
American Express (Amex) has reported a net income of $825m, or $0.88 per diluted share, for the fourth quarter ended 31 December 2016, a decrease of 8.2% compared to $899m, or $0.89 per diluted share, for the same period of 2015.
TSYS renews payments services agreement with BBVA Compass
US-based credit card processor TSYS has inked a long-term renewal of its payments services agreement with BBVA Compass to continue processing the banks consumer, commercial and small business credit card portfolios.
Ethoca, FICO collaborate to enhance fraud management capabilities for card issuers
Ethoca, a provider of collaboration-based technology to prevent card frauds, has teamed up with analytic software firm FICO to improve fraud management capabilities for the card issuers.
MasterCard, NADRA to optimise Pakistan’s National ID cards with e-payment functionality
MasterCard has reached a strategic collaboration with Pakistan’s NADRA Technologies to optimise National ID cards with electronic payments functionality in the country.
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UnionPay partners with CIBC for cross-border remittance service in Canada
UnionPay International in partnership with Canadian Imperial Bank of Commerce (CIBC) has introduced UnionPay cross-border remittance service in Canada.
New UK payments model sets global standard
Industry reaction to the Payments Strategy Forums final findings has been positive, being hailed as an effective model to serve end users better, create healthier competition, and put consumers and corporates at the heart of the UK payments system. Charles Wheeldon takes a closer look at the implications
Daimler Financial Services takes over PayCash Europe
Daimler Financial Services has announced plans to acquire Luxembourg-based electronic payment services provider PayCash Europe for an undisclosed sum.
AnaCap snaps up controlling stake in Heidelpay
Private equity firm AnaCap Financial Partners has agreed to acquire a controlling stake in German online payment firm Heidelpay.
EBA Clearing kicks off testing pan-European instant payments system
EBA Clearing, a provider of pan-European payment infrastructure, has commenced the testing phase for its pan-European instant payment infrastructure platform, which is slated to go live in November 2017.