All articles by Verdict Staff
Verdict Staff
Wirecard buys South Africa-based MyGate Communications
German payment services company Wirecard has purchased South Africa-based payment service provider MyGate Communications for €23.1m.
Visa, Viewpost collaborate to speed up B2B bill payments
Visa has formed an exclusive partnership and Viewpost to provide electronic business payments capability to Viewpost’s small to medium-sized business clients (SMBs) using Visa’s virtual credit cards.
Alternative payment networks beginning to challenge incumbents
The US payments market has long been dominated by a small group of networks and service providers controlling the transfer of funds through banks. However, alternative payment providers are beginning to offer competitive lower-cost networks that banks can use to offer P2P transactions, bill payments, and point-of-sale payments. Robin Arnfield reports.
NXT-ID to buy Fit Pay to expand into digital payments space
NXT-ID, a security technology company, has signed an agreement to acquire Fit Pay, a privately held provider of payment, credential management, and authentication platform services.
Singapore and France join forces on fintech
The Monetary Authority of Singapore (MAS) has inked agreements with financial regulators in France- Autorite de Controle Prudentiel et de Resolution (ACPR) and the Autorite des Marches Financiers (AMF) – to strengthen mutual cooperation in the fintech space.
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PaySimple launches new POS solution for service businesses
PaySimple, an online payment solution provider, has launched a new service point-of-sale (sPOS) solution to support the omni-channel sales of service-based businesses.
First Global Data, Zoompass partner to offer new payment capabilities
First Global Data, a Canadian financial services technology firm, has signed a letter of intent with Zoompass, a provider of mobile money and prepaid solutions, to offer a host of payment services.
Meezan Bank rolls out MasterCard-branded contactless debit card in Pakistan
Pakistan-based Meezan Bank has introduced MasterCard-branded contactless debit card to further expand the digital payment eco-system in the country.
Synchrony Financial renews private label credit card deal with Midas
Synchrony Financial and Midas, an automotive aftermarket service retailer, have extended their agreement under which Synchrony will continue to provide private label credit card programme for the automotive retailer.
India’s Karnataka Bank targets affluent clients with new debit card
Karnataka Bank, a commercial bank based in India, has targeted its premium and high net worth individual (HNI) customers with the launch of a new international debit card.