All articles by Verdict Staff
Verdict Staff
PCI DSS shift towards ‘global standards’
A lack of global Data Security Standards by the Payment Cards Industry Security Standards Council has caused much confusion, particularly among European merchants. This has led to the council appointing European director Jeremy King, who promises to support European merchants on the road to compliance. Louise Naughton reports.
Cracking the Kenyan market
Banks are starting to roll out prepaid products in Kenya, adding competition to an industry already featuring M-Pesa, the powerful m-payments player. As financial institutions begin to enter the prepaid arena, Kenya looks set to become one of the worlds most fascinating and dynamic prepaid markets.
Discover in multi-faceted expansion
Discover Financial Services reported an impressive third quarter, highlighted by a widespread improvement in credit quality. Charles Davis looks at the ways in which the US company is pushing for greater customer retention that includes diversification beyond card products.
A payment revolution for Haiti?
Companies seem to be falling over themselves to bring mobile money services to Haiti after its economic infrastructure suffered a huge blow following the devastating earthquake in January The devastating earthquake that ripped through Haitis capital of Port-au-Prince on 12 January, killing thousands of people, left the country in economic devastation.
The challenge for the payments business
Now in its sixth year, the World Payments Report from Capgemini, The Royal Bank of Scotland, and the European financial marketing association looks at the payments business as it faces challenges from economic and competitive conditions, technology advances, increased regulatory pressure and customer demands.
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RegaloCard adds Unicomer to network
RegaloCard has added Latin American retailer Unicomer to its mobile payments network, further strengthening its presence in the region.
Movilway provides m-commerce project for LatAm unbanked
Spanish based electronic top-up service provider Movilway has selected Utiba Americas mobile financial services platform in a bid to provide financial services to Latin Americas unbanked population.
War on cash being lost – Capgemini report
Capgeminis annual payments survey showed the war on cash is being lost at a global level, with cash in circulation outstripping non-cash payments by 2 percentage points in 2008.
MoneyGram and Ceridian SVS sign prepaid processing deal
Prepaid services provider Ceridian Stored Value Solutions (Ceridian SVS) has signed a deal with payment services provider MoneyGram to provide processing for its prepaid money transfers, spanning 40 countries around the world. Moneygrams latest prepaid money transfer product is expected to expand its previous offerings into non-traditional money transfers channels including retail and convenience stores.
Charge-offs, delinquencies still falling in US
Charge-offs and delinquencies among the US largest credit card issuers reached their lowest levels in the last 14 months.