All articles by Verdict Staff
Verdict Staff
A quiet quarter for M&A
Card Internationals dealwatch keeps track of the mergers and acquisitions taking place in the global payment industry, and this month it looks like many of the deals going on at the moment are joint ventures between larger payments players, while private equity firms dominate the M&A arena.
Country Survey: UK
As one of the most established payment card markets anywhere in the world, the UK was significantly affected by the recent recession, which stunted demand for consumer credit of all kinds
Unified makes strides with SaaS solution
The issue of authenticating account holder identities is one that is becoming increasingly important, and one company, Unified Software, is aiming to take on the major players with its proprietary solution Unified Software might not be a name with recognition on the scale of competitors like Experian, but the UK-based provider of financial web services is quickly making a name for itself in the authentication solution space.
Awards to highlight innovation
As the payments world adjusts to the post-credit crunch era, this years Cards and Payments Europe event will reflect the reshaping of business models that a new era demands Last years Cards and Payments Europe event and awards were defined by the need to stay strong in an unpredictable economic climate, as payment players around the world shared strategies on reducing risk and preserving profitability.
State Bank of India signs for solar-powered ATMs
State Bank of India (SBI) is to roll out over 300 solar-powered ATMs from Indian technology vendor Vortex Engineering across the country
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US prepaid spending to rise in 2010 – Aite
Though uncertainty over greater regulation looms over the prepaid cards market, a new report finds that Americans will load $69bn onto branded prepaid cards in 2010, up 27% from 2009 levels
MasterCard pushes into paper payments
By reducing the inherent tension between corporate buyers and suppliers over the timing of payment transactions and providing the data once promised by electronic data interchange, MasterCard and Bank of New York (BNY) Mellon Treasury Services plan to use the card associations Payments Gateway to reduce the number of paper-based corporate payments.
Corporate cards defy the downturn
One sector that appears to have bucked the downward trend of card spending is that of corporate cards, which have enjoyed a rise in popularity as companies take an aggressive approach to controlling costs
Letter from the Editor
Dear readers, after five years at the helm of Cards International, the time has come for me to move on and take on new challenges In many ways, I was extremely lucky to join CI when I did, as I came into the cards and payments world when it was on the brink of significant transformations across all sectors Dramatic shake-ups have occurred in areas such as regulation, competition, technology, customer segmentation, marketing and distribution
SIA SSB upbeat on mobile payments growth
Recent research by Italian payment processor SIA SSB highlights the growing importance of mobile payments for Italian consumers