All articles by Verdict Staff

Verdict Staff

Payment Alliance snaps up ATM operator Avery Scott

Payment Alliance International (PAI), a privately-held provider of ATMs and electronic payment processing solutions, has acquired Avery Scott, a full-service independent ATM deployer based in Louisville, Kentucky.

UK watchdog finds competition concerns with MasterCard’s takeover of VocaLink

The UK Competition and Markets Authority (CMA) has found that MasterCard’s planned £700m acquisition of UK-based VocaLink may reduce competition in the supply of ATM network services in the country.

Virgin Money launches new credit card range

British lender Virgin Money has rolled out its latest range of credit cards that offers various types of attractive options for customers.

UnionPay launches mobile QuickPass in UAE in collaboration with Mashreq Bank

UnionPay in partnership with the UAE-based Mashreq Bank has debuted its mobile QuickPass service in the UAE.

UBA rolls out merchant app powered by Masterpass QR payment

United Bank for Africa (UBA) has introduced merchant-focused app featuring MasterCard’s mobile payment solution, Masterpass QR.

PAX wins payment devices supply contract from China UnionPay Merchant Services

PAX Technology, a US-based manufacturer of secure electronic payment terminal solutions, has been awarded a contract by China UnionPay Merchant Services (UMS) to supply secure payment devices to more than six million merchants in 2017.

Chinese visitors to Australia enough to push for retail acceptance of Alipay

The sheer number of tourists from China vising locations around the world over the last few years has initiated Alipay’s expansion overseas.

Paytm secures regulatory nod to launch payments bank

Mobile payments firm Paytm has secured regulatory approval from the Reserve Bank of India (RBI) to set up a payments bank.

Volkswagen Financial acquires mobile payment firm PayByPhone

Volkswagen Financial Services, the financial services division of Volkswagen Group, has acquired parking payment provider PayByPhone to expand its footprint in the mobile-payment solutions market.

Xoom expands money transfer service to Japan

Xoom, the digital money transfer service of PayPal, has expanded its reach in Asia by launching fast bank deposit service to Japan.