All articles by Verdict Staff

Verdict Staff

MasterCard Inc announces Q2 2011 results

MasterCard Incorporated has announced its financial results for the second quarter of 2011 with profits rising up by 33%.

Looking forward

The use of predictive analytics is becoming standard practice for credit issuers as they return to expansion following the banking crisis. While things are on the up for lenders, they are operating in a very different landscape and require new tools, writes Charles Davis

bKash teams up with Fundamo on mobile money

Mobile financial services provider bKash has partnered Visas Fundamo unit to provide its services across Bangladesh.

Basel III – from burden to opportunity

For the payments industry, Basel III means strengthening, and and having better oversight over liquidity positions. Alison Ebbage considers the regulatory pressure being placed on banking IT systems in Europe and asks if there are potential new revenue streams in Basel III compliance

UK consumers refuse to carry small change

Half of UK consumers believe notes and coins will become obsolete according to new findings from Barclays.

Qtel signs e-banking deal with QIB

Qatars leading online and electronic services provider Qtel has agreed to an e-banking deal with QIB.

KreditFly launches Android app

KreditFly, a VC-funded m-payments company, has announced the launch of its one-touch Android in-app payment service allowing gamers to purchase in-app items without registering.

Elavon and UnionPay strike acceptance agreement

Elavon, a global payments provider, has signed a binding agreement with China UnionPay, Chinas bankcard association, allowing UnionPays debit and credit cards to be accepted at Elavons merchants in the US and Europe.

Consumers warned of the pitfalls of convenience

Consumers should observe caution when using new forms of digital payment service, a new report has warned.

Alibaba Group, Yahoo and SoftBank sign agreement

Chinese e-commerce company Alibaba will continue to receive Alipays payment processing services according to a new agreement.