All articles by Verdict Staff

Verdict Staff

Ithmaar Bank partners Batelco and AFS to unveil new mobile payment service

Bahrain-based Islamic retail bank Ithmaar Bank has joined forces with the region’s telecom operator Batelco and electronic payments outsourcing service provider Arab Financial Services (AFS) to launch a mobile payment service.

Cryptomathic and SwissSign unveil electronic signature solution for European banks

Software provider Cryptomathic has teamed up with SwissSign, a subsidiary of Swiss Post, to introduce a centralised electronic signature solution for Qualified Electronic Signatures (QES).

UK government cedes top shareholder position in Lloyds to BlackRock

The British government has slashed its stake in Lloyds Banking Group to less than 6%, making US asset manager BlackRock the top shareholder in the bank.

Dubai Islamic Bank offloads stake in Jordan Dubai Islamic Bank

Dubai Islamic Bank (DIB), UAE’s largest shariah-compliant lender, has completed the sale of its 20.8% stake in Jordan Dubai Islamic Bank (JDIB).

Deutsche Bank names new global head of anti-financial crime

Deutsche Bank has appointed Philippe Vollot as its new global head of anti-financial crime (AFC) and group money laundering reporting officer (MLRO), replacing Peter Hazlewood who is stepping down after just six months in the role.

Morocco’s central bank gives go-ahead to five Islamic banks

Bank Al Maghrib, Morocco’s central bank, has given the approval to five companies to set up shariah-compliant banks in the country.

Barbados’ national debit network opts for Fiserv payments solution

Caribbean Integrated Financial Services (CarIFS), the national debit network of Barbados, has selected Fiserv technology to offer secure processing services to its connecting members.

Baidu and China CITIC Bank receive regulatory nod for direct bank

A joint venture of Chinese search engine Baidu and China CITIC Bank has secured regulatory approval to launch a direct bank in Beijing.

China’s Yilian Bank secures licenses for small loans and private banking businesses

Yilian Bank, a newly created private bank in China, has secured dual licenses from China Banking Regulatory Commission to conduct loans and private banking businesses.

Keystone Bank selects NetGuardians solution for online fraud prevention

Nigeria’s Keystone Bank has chosen Swiss fintech firm NetGuardians to offer real-time protection against online banking fraud.