All articles by Verdict Staff
Verdict Staff
Getting the prepaid balance right
As one of the hottest topics in the cards and payments industry, with a lot of impetus from some of the largest payment processors behind it, prepaid cards have a lot to live up to Italy is Europes largest prepaid market and certainly a major success story for the prepaid industry
MIFARE4Mobile industry group formed to develop NFC technology
Leading firms involved in Near Field Communication (NFC) technology have joined forces to form the MIFARE4Mobile industry group, specially designed to aid collaboration and further develop MIFARE based services. The group, comprising of Ericsson, Gemalto, NXP, Oberthur Technologies, STMicroelectronics, Venyon and ViCOtech, will act as a platform to provide future direction, discuss experiences and share best practices to ensure evolution, interoperable development and implementation of the MIFARE4Mobile technology. The creation of this new industry group provides further impetus to the development of NFC applications for mobile phones especially given MIFARE’s reach as a key contactless platform, said Jonathan Collins, principal analyst, ABI Research
KDDI picks Gemalto for NFC pilot in Japan
Gemalto, the digital security company, has been selected by Japans KDDI, a mobile communication provider with over 31m subscribers, to provide its User Identity Module cards and trusted service management solution for its near-field communication programme. Until December, participants in this pilot can use various types of NFC services ranging from mobile payments, transportation services, e-drivers licences, e-ticketing, as well as information acquisition from smart posters
Country Survey: Netherlands
In order to gain insight into factors influencing credit card usage and acceptance in the Netherlands, the Nederlandsche Bank, the countrys central bank, set up surveys of consumers and retailers Dutch banks started to issue credit cards in the Netherlands in the early 1980s; 10 years before the introduction of the debit card
Card retention in the wake of the crisis
In this extract from the VRL report Credit Card Retention Strategies, Ray Cain and Will Cain look at the impact of the events of 2008-09 on credit card companies.
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Boom in m-payments predicted in China
Technology developments are being cited as one of the triggers for the impending boom in Chinas mobile payment sector, as transaction values are set to increase 308% to CNY9.8bn ($1.4bn) in 2010. According to data from financial analysts iResearch, Chinas mobile payments sector has already seen a 202% increase in transaction value to CNY2.4bn in 2009.
Barclaycard Freedom starts to deliver
The loyalty offering from Barclaycard has got off to a good start, helping drive a 7.4% increase in the share of spending at Shells petrol stations on Barclaycard credit cards Will Cain was in Megves, France, as part of a Welcome Real-time customer summit, and spoke to Barclaycard managing director Sarah Newman.
Banco Fibra aims for growth in Brazil
Banco Fibra, a mid-size Brazilian bank with close ties to retailers, is well placed to take advantage of Brazils burgeoning credit card market, analysts tell Robin Arnfield Owned by Brazilian industrial conglomerate Grupo Vicunha, Banco Fibra started life in 1987 as a commercial bank making loans to SMEs, but has recently been making inroads in the consumer finance market.
Bank Machine launches £5 note only ATMs
The UKs first network of free to use cash machines which dispense £5 notes only has been launched by ATM operator Bank Machine in a bid to give customers more control over their spending.
Societe Generale roll out m-banking in Senegal
French financial services company Societe Generale has launched Yobantel, a money transfer and bill payment service in Senegal, with a view to roll out the m-banking system worldwide.