All articles by Verdict Staff
Verdict Staff
Fintech firm Net1 acquires 30% stake in Liechtensteins Bank Frick
Financial technology provider Net1 UEPS Technologies has agreed to acquire a 30% stake in Bank Frick, a family-run bank based in Liechtenstein, for an undisclosed sum.
British banks ink banking deal with Post Office
A new industry-wide agreement between British high street banks and the national Post Office network has come into effect, allowing UK banking customers to manage their banking needs at their local post office branch.
Hellenic Bank taps Backbase for digital banking upgrade
Cyprus-based Hellenic Bank has selected Backbases omni-channel platform to upgrade its digital banking services.
Fifth Third Bank joins forces with QED Investors for fintech innovation
Fifth Third Bank has teamed up with venture capital (VC) firm QED Investors to support innovation in the fintech space.
Rakuten Europe Bank implements Temenos core banking system
Luxembourg-based Rakuten Europe Bank has gone live on Temenos core banking system to support its European growth strategy.
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HSBC to shut down 117 branches
British banking group HSBC is set to shut down 117 branches and shed 380 jobs in the UK in 2017 in response to increasing adoption of digital banking channels by customers.
MCB Islamic Bank chooses biometric-enabled software from Diebold Nixdorf
Pakistans MCB Islamic Bank has chosen new cash dispensing technology and software from Diebold Nixdorf.
Citigroup fined $28.8m for mistreating home borrowers
Citigroups mortgage units have been fined $28.8m by the Consumer Financial Protection Bureau (CFPB) for giving the runaround to home borrowers seeking foreclosure relief.
Westpac ups stake in cybersecurity firm QuintessenceLabs
Australian banking group Westpac has increased its stake to 16% in Canberra-based quantum cybersecurity firm QuintessenceLabs.
Metro Bank to create 500 new jobs
UK-based Metro Bank has announced plans to create 500 new jobs to support its expansion strategy.