All articles by Verdict Staff

Verdict Staff

FIS unveils network for high potential early stage fintechs

Financial services technology firm FIS has launched a network of early-stage fintech companies with direct applicability to the financial services ecosystem.

Citi unveils new mobile app clubbing banking and wealth management capabilities

American banking major Citi has unveiled new functionality for the Citi Mobile App for iPhone that clubs banking, wealth management and money movement capabilities.

UK’s payment regulator proposes changes to payment systems infrastructure procurement

The UK’s Payment Systems Regulator (PSR) has proposed changes to the country’s payment systems infrastructure procurement in order to boost competition.

MCB Bank-NIB merger gets board nod

The boards of directors of MCB Bank and NIB Bank have agreed on a merger of the two banks by way of a share swap agreement.

P2P lender Folk2Folk receives full FCA authorisation

UK-based peer-to-peer (P2P) lender Folk2Folk has secured full authorisation from the Financial Conduct Authority (FCA).

Deloitte invests in blockchain startup SETL

Professional services and consulting firm Deloitte has invested in London-based fintech firm SETL.

Hong Kong regulator inks fintech agreement with UK’s FCA

The Hong Kong Monetary Authority (HKMA) has signed an agreement with the UK’s Financial Conduct Authority (FCA) to promote innovation in finance.

FGB- NBAD merger receive shareholders’ nod

Shareholders of First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD) have given the go-ahead to a proposed merger of the two banks.

UniCredit to sell 32.8% stake in Bank Pekao for $2.6bn

Italian banking group UniCredit has agreed to sell a 32.8% stake in its Polish subsidiary Bank Pekao to local insurance group PZU and a local development fund.

Egypt’s Housing and Development Bank deploys Temenos core banking system

State-owned Egyptian lender Housing and Development Bank (HDB) has replaced its in-house legacy systems with Temenos Core banking UniversalSuite to support its growth plans.