All articles by Verdict Staff
Verdict Staff
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.
DIB launches Shariah-compliant bank in Indonesia
Dubai Islamic Bank (DIB) has forayed into the Asia Pacific with the launch of Panin Dubai Syariah Bank (PDSB) in Indonesia.
Home BancShares to acquire Stonegate Bank for $778.4m
Home BancShares, parent of Centennial Bank, has agreed to acquire Florida-based Stonegate Bank in a cash-stock deal worth about $778.4m.
Raiffeisen Bank Romania opts for Backbase omnichannel platform
Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen Group, has chosen Backbase’s omnichannel banking platform to drive its digital transformation.
Capitec to buy 40% stake in online lender Creamfinance for €21m
Capitec Bank Holdings has agreed to acquire a 40% stake in online lending firm Creamfinance in a €21m deal.
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Trustbank selects Path Solutions for Islamic core banking platform
Suriname-based Trustbank has selected Path Solutions, a Kuwait-based Islamic software provider, to deploy iMAL Islamic Banking & Investment System as its new core banking platform.
UBS deploys electronic signature service
Swiss banking giant UBS has deployed the Qualified Electronic Signature (QES) service from Cryptomathic and SwissSign to strengthen security and control of its document management.
Scotiabank, Cardtronics extend ATM deal at 7-Eleven Canada stores
The Bank of Nova Scotia (Scotiabank) has extended its ATM branding agreement with Cardtronics to give its customers surcharge-free ATM access at over 640 Scotiabank-branded ATMs at 7-Eleven Canada stores across Canada.
SIX Payment Services taps IBM technology to boost cyber security
SIX Payment Services has selected IBM Watson for Cyber Security to develop a next-generation Security Operations Center (SOC) in order to boost cyber defence and provide customers security services for compliance with Swiss privacy and financial market regulations.
Nets partners Chainalysis to facilitate validation of virtual currencies
Danish payments processor Nets has joined forces with distributed ledger technology provider Chainalysis to help banks validate virtual currencies such as bitcoin and comply with anti-money laundering rules.