All articles by Verdict Staff
Verdict Staff
Barclays to roll out contactless mobile cash service in UK
Barclays is set to release the UK’s first contactless mobile cash service that allows customers to withdraw money with a tap of their NFC mobile phones or contactless debit card.
Fosun acquires 16.7% stake in Portuguese lender BCP
Chinese conglomerate Fosun has acquired a 16.7% stake in Portuguese bank Banco Comercial Portugues (BCP) for total consideration of 174.6m ($185.5m).
Earthport to provide outbound cross-border payment services for Axis Bank
Earthport has been selected by Axis Bank, an Indian private sector lender, to enable outbound cross-border payments for its clients through the former’s global payments network.
Citi, JPMorgan top regulators’ list of globally important banks
American banking giants Citi and JPMorgan have topped the Financial Stability Boards (FSB) list of global systemically important banks (G-SIBs).
Co-operative Bank to shed 200 jobs
Troubled UK lender Co-operative Bank is set to slash 200 jobs in order to boost profitability amidst a low interest rate environment.
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NatWest tests BioCatchs behavioral biometrics technology
British lender NatWest has successfully tested Israeli startup BioCatchs behavioral biometrics technology to validate visitors to websites and to secure online transactions.
Gulf banks looking to Africa for new avenues: EY
The larger local banks in the GCC are approaching saturation in their home market and are starting to venture out to attractive markets such as Africa, according to EYs GCC Wealth and Asset Management Report 2016.
Regions Bank taps nCino platform to streamline business loan origination
US-based lender Regions Bank has opted for nCinos Bank Operating System to streamline its business loan origination process.
For now, cash is king in Canada
Cash and other paper transactions, such as cheques, are still dominating the Canadian payment system, according to a report released by the Payments Canada that operates a payment clearing and settlement system in the country.
NAB launches instant conditional home loan approval tool
Australian lender NAB has launched a new tool to enable customers to apply for conditional approval for a new home loan online 24/7, and receive an instant response.