All articles by Verdict Staff
Verdict Staff
ATM P2P payments to be launched in US
A joint venture between PayPal, S1 Corporation and NCR is to offer real-time P2P payments via ATMs. The service will allow users to transfer money directly from their bank account via an NCR SelfServ ATM to the recipients PayPal account which will be identified by their email address or mobile phone number.
Mobile presents major prepaid opportunity
Mobile payments may be on the rise globally, albeit at different levels, but despite efforts from all parties involved in this mobile payments value chain to get this novel payment method to the consumer, security concerns and a general lack of awareness are still barriers to adoption.
Prepaid Summit Europe Milan 2011: Day Two Highlights
Day two of Europes biggest prepaid conference continued to tackle the hottest topics from regulation through to the democratising effects of prepaid to micropayments and mobile In an exclusive interview, MasterCards head of prepaid for Europe, Matthew Lanford, quizzed the group chief executive of mobile network operator Lyca Group, Milind Kangle, about the companys plans to enter the prepaid remittance market.
Prepaid Summit Milan: Day One
Day one of Europe’s biggest prepaid conference kicked off on 10 October in Milan – and VRL’s video news team, working with MasterCard, was on hand to pick up insights into some of the day’s best stories.Innovation featured heavily on the first day, with the agenda spanning mobile and contactless as well as exclusive consumer research.MasterCard’s head of prepaid for Europe, Matthew Lanford, was on hand to ask TNS Italia’s director of business Stefano Carlin about TNS’s new research that shows a huge opportunity in the mobile payments market.Lanford also interviewed UKash’s marketing director Paul Coxhill about new and exclusive consumer research by UKash and Aktif Bank’s managing director of retail, Tarik Onat, about the future of prepaid in Turkey, where Aktif Bank runs a successful prepaid city card.Click to see the exclusive interviews from day one and look out for day two’s highlights tomorrow
Central Bank of Azerbaijan considers safer card infrastructure
The Central Bank of Azerbaijan (CBA) has held a workshop in association with MasterCard Worldwide on the topic of card fraud in the country. The CBA said that the Fraud in Payment Cards Market workshop aimed to develop a stable infrastructure within the industry and risk management in electronic commerce was the key topic.
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Aldermore rolls out ABC package
Aldermore, a new British bank, has launched a fixed fee factoring package aimed at small businesses to manage cash flow.
MasterCard PayPass provides contactless payments for Subway
Contactless payment continues to grow. Now sandwich chain Subway is to acceptMasterCard PayPass payments across 7,000 US locations.
40% of e-tailers reluctant to use 3D Secure
More and more online retailers use 3D Secure as a prevention tool for fraud – but about 40% of merchants in the UK are still reluctant to implement 3D Secure because they fear the extra step in check outs will lead customers to cancel their purchase.
Bank Freedom prepaid deposits up 360% YOY
US-based Bank Freedom, a wholly owned subsidiary of the prepaid card company, PrepaYd, has revealed its Q3 2011 results showing an increase of 357% on cardholder deposits on the companys prepaid cards relative to the same point last year.
Country survey: Norway
Total card spending at the PoS in Norway has grown at a compound rate of 10.4% over the pastfive years, placing it among the fastest growing cards markets in the developed world