All articles by Verdict Staff

Verdict Staff

Raiffeisen Bank International annual net profit surges 22%

Austrian lender Raiffeisen Bank International (RBI) has reported a net profit of €463m for the year ended 31 December 2016, a jump of 22% from €379m a year ago.

Commercial Bank of Africa taps Tieto technology for digital card and payment solution

Kenya-based Commercial Bank of Africa has introduced its latest digital banking solution based on a mobile app known as Loop, claimed to be the first of its kind in Kenya and in the region.

Starling Bank forges money transfer deal with TransferWise

Starling Bank, a licensed mobile-only challenger bank, has joined forces with British FinTech firm TransferWise to offer its customers in-app access to TransferWise’s money-transfer services.

Putnam-Greene Financial selects Fiserv solutions to simplify vendor management

Putnam-Greene Financial, a US-based bank holding company, has chosen a complete range of Fiserv solutions to simplify its vendor management and provide a better, more consistent customer experience.

Accenture sets up Innovation Centre for Finance & Risk in New York

Accenture has launched the Innovation Center for Finance & Risk in New York to help financial institutions accelerate and scale advanced data and analytics capabilities.

Starling Bank to launch beta version of current account in the UK

Starling Bank, a UK-based digitally-native mobile challenger bank, is set to launch a beta version of its current account app for its customers.

Sidian Bank opts for IBM cloud and cognitive solutions

Kenya’s Sidian Bank has selected IBM Cloud and Cognitive solutions to accelerate its digital transformation.

Access National-Middleburg Financial merger secures shareholders’ nod

Access National and Middleburg Financial have received the go-ahead from their respective shareholders for their merger.

Citi appoints new fintech head

Citigroup has promoted the interim fintech head Yolande Piazza as the new permanent head of the unit.

NBAD Egypt taps CR2’s technology for next generation internet banking

National Bank of Abu Dhabi (NBAD) Egypt has deployed CR2’s BankWorld Internet platform, marking launch of its new online banking services.