All articles by Verdict Staff
Verdict Staff
Navigating the delivery of financial services via the Internet of Things
Connected devices have the potential to revolutionise the way we live, administrate and bank. Will we be paying bills via our fridge in the future? Appropriateness, security and customer experience are paramount says Scott Hess, vice-president of user experience, consulting and innovation at Fiserv
Ant Financial invests in Filipino fintech firm Mynt
Ant Financial, an affiliate of e-commerce giant Alibaba that operates Alipay, and Filipino conglomerate Ayala have taken stakes in Filipino fintech firm Mynt for an undisclosed amount.
China’s HNA acquires 3% stake in Deutsche Bank
Chinese conglomerate HNA Group has acquired a 3.04% stake in German banking giant Deutsche Bank.
Independent Alliance Banks to merge with First Merchants in $251.3m deal
Indiana-based Independent Alliance Banks (IAB) has agreed to merge with local lender First Merchants in a deal valued at about $251.3m.
KBA launches real-time direct P2P mobile payment service in Kenya
Kenya Bankers Association (KBA) has launched a new digital payments platform called PesaLink in collaboration with the Central Bank of Kenya (CBK).
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Kaiperm Diablo FCU taps Nymbus core banking platform
Kaiperm Diablo Federal Credit Union has selected Nymbus SmartCore core banking platform to modernise the digital customer experience for its members in Northern California as well as streamline back-end operations and processes.
New York announces new cybersecurity regulations
New York governor Andrew Cuomo has announced a cybersecurity regulation that will protect consumer data and financial systems from terrorist organisations and other cyber criminals.
Really Really Really Know Your Clients
The next generation of digitisation in financial services will propel the industry into the knowledge economy. More specifically, financial services firms can look forward to a future of using a more contextual knowledge and understanding of their clients to generate tangible economic value. Chris Truce, director of platform development at Saxo Bank, comments
MasterCard to offer payment processing platform to Airtel Payments Bank
MasterCard has reached an agreement with Airtel Payments Bank to offer a complete outsourced payments processing platform that delivers a number of payment services including switching, card management, along with support for reconciliation and dispute management processes.
Fifth Third Bank opts for AxiomSL’s regulatory reporting platform
Fifth Third Bank, a US-based commercial lender, has selected AxiomSL platform to meet its analytical and regulatory reporting needs.