All articles by Verdict Staff
Verdict Staff
Fiserv to produce EMV cards
Fiserv has announced that it will commence producing EMV cards. The global technology solutions provider will produce cards compliant with the EMV standard to hep aid the reduction of fraudulent transactions from counterfeit, lost and stolen cards.
Citi to provide services for Parkmobile USA
Citi has announced a mobile payments service for parking. The US-based bank has partnered with Parkmobile USA, a provider of cashless parking solutions, to develop an app that will enable consumers to pay for parking via mobile phones.
NCR installs ATMs in National bank of Pakistan branches
.NCR is to deploy 150 ATMs for National Bank of Pakistan (NBP).
Ryanair to issue MasterCard prepaid cards
For the airline carrier, the introduction of the Ryanair Cash Passport is another means to charge consumers a £6 administration fee for bookings made on any other card, including any other MasterCard prepaid card.
FICO card data: Irish, Student worst off
Irish cards are, on average, twice as likely to be over limit than other cards, the FICO card data report for the second quarter shows. The data from the FICO Benchmark Reporting Service compares overall market performance in the UK cards markets with individual card issuers performance. Cards issued in Ireland were the worst performing category no surprise, given the current volatile economy in Ireland; 86-87% of Irish cards were current in their payments the ration for UK cards lies between 92-94%.
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MAP launches card customisation for credit unions
US-based card processing aggregator Member Access Pacific (MAP) has launched a card customisation platform for credit unions.
Banks falling behind in prepaid
Banks are failing to innovate and are falling behind in the race to seize the prepaid cards market, according to MasterCard global prepaid solutions group executive Ron Hynes.
Driving Growth via Co-brand Partnerships
Consultants Stephen Mendelsohn and Erik Howell from First Annapolis analyse the key, inter-related trends in the co-brand industry right now In a nutshell, co-brands exist based on the theory that a compelling product offer tied with customer affinity to a brand will result in strong card performance
Barclays’ India credit card divestment: StanChart, SBI Card interested
After its exit from retail banking in Russia, the bank is now rumoured to be in talks with Standard Chartered and State Bank of Indias Card business SBI Card to divest its cards business unit in India.
Misys launched location-based payment app
Misys has launched a location-based social media application that will require users to confirm and authorise transactions when making purchases.