All articles by Verdict Staff

Verdict Staff

Nearly 138 million Europeans still out of formal banking system

More than 138 million Europeans are cut off from the formal banking sector due to lack of knowledge and mistrust of the banking sector, according to a new study by MasterCard.

Standard Bank buys stake in mobile payments firm Firepay

South Africa’s Standard Bank has purchased a majority stake in Firepay, the company behind South Africa’s mobile payments service SnapScan, for an undisclosed sum.

2017: £4bn fines, on-boarding challenges and fintech regulation

Mitek’s Head of EMEA, Joe Bloemendaal makes three predictions for 2017 around the various challenges to be faced by the retail banking sector

Leveraging the customer experience from the 20th century

What should retail banks be doing to improve the in-branch customer experience? Is digital the standalone platform of the future or can it be successfully integrated into the retail branch experience? Richard Broadbent general manager of banking at Wincor Nixdorf UK writes on the developments in the industry

AnaCap Financial to acquire Barclays’ French retail and wealth businesses

Private equity firm AnaCap Financial Partners has agreed to buy British banking group Barclays’ French retail, wealth and investment management operations for an undisclosed sum.

Facebook secures e-payments licence in Europe

The Central Bank of Ireland has granted an e-money licence to Facebook, which will allow the company to launch P2P payments through its Messenger app across Europe.

Cartes Bancaires taps Gemalto to enable member banks deploy their own payment offer

Groupement des Cartes Bancaires (GIE CB), the French bank card association, has selected Gemalto’s white label mobile wallet solution Pure, to enable its member banks to deploy their own NFC mobile and in-app payment services.

Banque de France opts for Sopra Banking Software for payments system modernisation

Banque de France has chosen Sopra Banking Software to overhaul its retail payments processing activity.

Soneri Bank partners with Covalent to manage EMV debit programme

Soneri Bank, a Pakistan-based commercial lender, has teamed up with Covalent, a joint venture between Access Group and TPS, to bring together the combined expertise of all the companies on one common platform, with mutual goals for successful digital transformation.

Scotiabank, QED Investors partner to facilitate fintech start-ups in Latin America

Canadian lender Scotiabank has partnered with boutique venture capital firm QED Investors to promote fintech start-ups in Latin America that are focused on financial technology disruptors.