All articles by Verdict Staff
Verdict Staff
M-payments pick up steam in Asia
The mobile payments space is heating up in Asia-Pacific on the back of technology innovations and rising consumer demand. Shubhreet K speaks to business research and consultancy company Frost & Sullivan about the future of m-payments in Asia.
Discover rolls out contactless to select customers
Discover is targeting early adopters of mobile technology as it begins to roll out Discover Zip contactless credit cards and stickers.
paysafecard consolidates after expansion
paysafecard has expanded its operations significantly in recent years. Towards the end of a busy 2010, Louise Naughton caught up with the companys CEO Michael Mueller to discuss the companys penetration of the Latin American and US markets.Online payment method paysafecard has had a busy six months. It has strengthened its presence in Latin America and has more recently entered the highly developed and competitive market that is the US.The organisation was born in 2000 and originated in Austria and Germany. Its prepaid e-vouchers are now available in 26 countries worldwide and at 300,000 outlets across Europe, Latin America and the US.
Visa debit in Canada finally launches
After a year of haggling over self-regulation, Visa Canadas Canadian Imperial Advantage Card is finally available and Michael Bradley, the companys head of products, is confident the countrys enthusiastic users of electronic payments will welcome it with open arms. Charles Davies reports.
Christmas card conflicts
As the Christmas spending period starts in earnest, Louise Naughton looks at some of the consumer research conducted in recent weeks, and finds the buy now, pay later culture that used to come into its own over the festive period has been replaced with consumers keeping a close eye on Yuletide costs.
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Survey reveals Brazilian cards growth
The Brazilian association of credit card and card services companies conducted its third annual consumer and merchant survey this summer. Robin Arnfield looks at the headline figures, and what they indicate about the future for the countrys cards and payments market.
Eastern promise
The Middle East has seen tentative moves into the prepaid sector since the mid-1990s, particularly in the UAE. But a new report shows that the last few years have seen a redoubling in enthusiasm for, and knowledge of, prepaid cards in the region. Louise Naughton reports.
The collections challenge
CI’s publisher VRL hosted a round table in London to discuss how the financial crisis is reshaping lenders collection strategies. Topics examined included: the debt purchase and sale market, developments in outsourcing, lenders current thoughts on the role of litigation and the evolving role of technology.
Visa report shows fragile EU recovery
EU consumer spending across Visa products grew by 1.2% in Q3 2010 compared to the same point last year but figures show a fragile European recovery from recession.The Visa Europe EU Consumer Spending Report, produced in conjunction with advisory firm Markit, shows consumer spending rose to 242bn ($317.3bn) from 202bn in Q3 2009. This 19.6% growth is unadjusted for card issuance, payment preference and inflation. Visa claims this figure signals the increasing preference amongst European consumers for card use, particularly debit cards.
G&D launches interactive cards
Payment technology provider Giesecke & Devrient (G&D) has launched interactive cards to combat security fears in online banking.