All articles by Verdict Staff

Verdict Staff

Metro, MasterCard plan contactless launch

Ready for its launch at the end of the month, UK based Metro Bank has signed an exclusive five year deal with MasterCard, taking advantage of its instant issuance technology.

US at risk of becoming ‘a centre for card fraud’

The executive vice president of the US Federal Reserve has given a stark warning that the country are in danger of being left behind in the race to fight fraud due to its over-reliance on magnetic-stripe cards.

EMV migration growing in Colombia

Smart card technology provider Morpho (Safran Group) and Colombian IT company Assenda’s(Carvajal Group) two-year partnership has resulted in the start of EMV migration of all banking cards in Colombia.

Majority of UK consumers call for contactless

A poll commissioned by discount website MyVoucherCodes has revealed that 72 percent of British consumers want contactless payment technology deployed in all supermarket stores to make shopping ‘easier’.

Visa aims to sway unbanked to prepaid cards

Visa plans to kick start a national marketing campaign raising awareness of the benefits unbanked consumers face by turning away from cash following research from the Mercator Advisory Group, which revealed reloadable prepaid cards are slow on the uptake among the unbanked.

Mexican bank offers customised cards

Mexicos leading financial institution for SMEs and the agricultural sector, Banco del Bajjo, has selected digital security provider Gemaltos Allynis Instant Artwork solution, enabling it to provide small quantities of customised smart payment cards with the artwork of their choosing.

Ireland prepares for payment revolution

The Irish government will create aNational Payments Implementation Plan (NPIP) this year designed to reduce the number of paper based cash and cheque transactions in the country, which although declining, still remains the highest in the EU.

Co-op to roll out contactless payments

The Co-operative Food has joined forces with Barclaycard and Visa to become the UKs first major grocery retailer to roll out contactless payments nationwide from next year.

JPMorgan Chase announces H1 results

Global financial services firm JPMorgan Chase has reported first half net profits for its card division of $40 million, compared to a net loss of $1.21 billion at the same point last year.

Emirates NBD processing unit for sale

Emirates NBD has attracted a wealth of bids from private equity groups following the announcement that it is to sell its payment processing business Network International.