All articles by Verdict Staff

Verdict Staff

OT, AFPI to offer unified transportation payment card in Philippines

Oberthur Technologies (OT), a France-based embedded security software products and services provider, has entered into a partnership with AF Payments Inc. (AFPI) to offer multi-purpose smart cards in the Philippines.

Ingenico to launch its first Android-based POS at Trustech in France

Payment solutions provider Ingenico Group is set to unveil its new Android-based payment terminal at the forthcoming Trustech event in Cannes, France.

RBL Bank, Bajaj Finance to roll out co-branded credit cards

RBL Bank has collaborated with financial services company Bajaj Finance to roll out a series of co-branded credit cards in India.

Wirecard extends payments agreement with Wortmann Group

Wirecard and German footwear firm Wortmann Group have extended their agreement, under which Wirecard will manage payment processing and risk management for Wortmann’s Tamaris brand’s online shop across 16 European countries.

Czech bank Ceska sporitelna to accept UnionPay cards

UnionPay International has inked an agreement with Czech commercial bank Ceska sporitelna to expand its card acceptance in the country.

Airtel rolls out payment bank in India

Indian telecom group Bharti Airtel has launched a pilot of its payment bank in Rajasthan, offering an interest rate of 7.25% on deposits in savings account.

Deutsche Borse invests in German fintech firm figo

DB1 Ventures, the corporate venture capital arm of Deutsche Borse, has invested a seven-digit amount in German fintech firm figo for a significant minority stake.

A post recession high: US credit card accounts hit 342 million

New US credit card accounts rose to 84.9 million in the second quarter – the most recent quarter for which figures are available -, up 11% from a year earlier according to data released by the American Bankers Association

Can American banks put a price on loyalty?

Top US banks such as Bank of America (BofA), Chase, Citi and Wells Fargo have been investing heavily in their credit card rewards programs to attract new cardholders and retain the loyalty of their existing customers. Robin Arnfield reports