All articles by Verdict Staff
Verdict Staff
Avangate to acquire payment processor 2Checkout
Netherlands-based e-commerce provider Avangate has agreed to acquire American payment processing firm 2Checkout to expand its payment flexibility and broaden market reach.
GHL partners with AliPay to offer alternative payment option in Malaysia
Payment service provider GHL Systems has partnered with AliPay, a Chinese payments platform operated by Ant Financial Services Group, to offer an alternative payment option to merchants in Malaysia.
Fino Paytech receives approval to launch payment bank
Mobile payment firm Fino Paytech has secured the final licence from the Reserve Bank of India (RBI) to establish Fino Payments Bank.
Citibank repays $5m in credit card international transaction fees
Citibank has refunded $5m to about 230,000 credit card customers for failing to properly show fees charged on some foreign transactions.
Karnataka Bank, SBI Card to introduce co-branded credit cards
Karnataka Bank, a private commercial bank based in India, and SBI Card have teamed up to roll out new co-branded credit cards for the customers of the bank.
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WEX to issue virtual credit cards in Singapore
WEX, a US-based provider of corporate payment solutions, is set to issue virtual credit cards in Singapore.
Harbortouch establishes product development centre in Lithuania
Harbortouch, a US-based provider of point-of-sale (POS) payment solutions, has opened its new product development division in Lithuania.
Cardtek, Emcredit launch first national mobile wallet solution in UAE
Turkish payment solutions provider Cardtek has collaborated with Emcredit, a subsidiary of the Dubai Economic Department, to introduce first national mobile wallet solution emPAY in the UAE.
Bank of Tokyo-Mitsubishi UFJ joins Ripple’s interbank group for global payments
The Bank of Tokyo-Mitsubishi UFJ (BTMU), the banking unit of the Mitsubishi UFJ Financial (MUFG), has joined Ripple’s interbank group for global payments based on distributed financial technology – Global Payments Steering Group.
Wells Fargo and Axis Bank strike bilateral remittance pact
Indian private sector lender Axis Bank has tied up with US banking major Wells Fargo to offer remittance facility for its NRI-customers in the US.