International Finance

Tag : card


PCT announces management buyout

PCT Management secures €12million investment to further accelerate growth July 6, 2016: Payment Card Technologies (PCT) announced a management buyout supported by a €12million investment from a European private equity firm.  The transaction provides the company with significant growth development capital and a strong debt free balance sheet for further expansion both in Europe and...

‘Payments via mobile phones are predicted to grow to $58 billion by 2017’

IFM spoke to Andrew Schrage, co-founder of, about the changes in payment systems April 23, 2015 Karan Belani How do the various payment systems — cash, cheque, credit cards, net banking, mobile payment — compare in terms of 1.       Cost incurred by the customer 2.       Safety issues There are virtually no costs incurred by...

Americans being served cards with chips

Following several breaches, US companies are forced to offer credit cards with greater security features Tom Groenfeldt November 4, 2014: The US is the last country with paved roads to adopt EMV, said Thad Peterson, senior analyst at the Aité Group, passing along a quip he had heard. That’s changing — almost all the new...

Visa to open tech centre in India

International Finance Desk
The move will create over 2,000 jobs globally IFM Correspondent September, 26, 2014: Visa Inc, the global card payment system provider, will open a new technology centre in India in 2015. This will create over 2,000 full-time technologist positions all over the world.  These include conversion of contractor positions to full time positions within the...