All articles by Verdict Staff
Verdict Staff
Hong Leong launches junior prepaid debit card
The Hong Leong Junior Debit Card is the first of its kind in the Malaysian market and will allow children to withdraw cash, reload their prepaid mobile phone credits or make purchases based up to a card limit
Country Survey: Italy
Italy has been the first market in Europe to truly embrace prepaid cards and they are now sending its payments market into overdrive. Italian consumers interest in prepaid stems from a traditionally cash-based society, concerns over security and a tax levied on ordinary current accounts. Will Cain reports.
Instant issuance proves a slow burner
For a technology which is based around speed and convenience, it is ironic that instant issuance has seen a slow take-up in the cards market. It has been available since the 1990s, and while it has gained traction in parts of the US and Asia, it has failed to catch on elsewhere. Louise Naughton reports.
Call centres and PCI: A path to compliance
Four years after the Payment Card Industry Data Security Standards were introduced, retailers and financial institutions are starting to get to grips with the requirements. Paul Golden reports on the path to compliance for credit card call centres, which is made trickier because of FSA requirements.
Merging markets and blurring borders
Online spending between European countries is currently being held back by a lack of consumer trust and a fragmented payments landscape. Louise Naughton reports on government and business initiatives to put some life back into the market, including the launch of Barclaycards SmartPay platform.
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UK’s SAV Credit looks to bulk up
SAV Credit, a UK credit card issuer, is on the lookout for its third acquisition in three years months after it bought £835m in receivables from Citis UK business. SAV has also assembled a heavyweight management team ahead of its next acquisition. Sarah Fitzmaurice reports.
Austria’s first prepaid twin card unveiled
and mobile money transfer provider VoiceCash, has resulted in Austrias first prepaid twin card. The MasterCard Procash Card set consists of a primary card and a receivers card
Confidence in US economy deteriorates
Confidence in the US economy is deteriorating with 59 percent of the countrys citizens worried about where the economy is headed, according to a new report. The AlixPartners Economic survey found nearly 60 percent of those surveyed felt not good or bad about the direction of the economy, compared with 49 percent in May. The findings contradict a recent report from Discovery Financial Services which showed that there was an increasing belief among Americans that the economy was improving.
Comment: Turning Italy’s prepaid progress into a pan-European success story
Italy has long been touted as prepaids great success story in Europe and our most recent research shows this is likely to continue.
Nokia dives into NFC
The long-awaited entry by Nokia into the near-field communications market solves a chicken-and-egg dilemma for the mobile commerce industry and has emboldened operators and handset makers finally ready to bet big on the technology. Charles Davis reports.