All articles by Verdict Staff
Verdict Staff
BOK Financial secures regulatory nod to buy Mobank
BOK Financial has secured regulatory approvals to acquire Kansas City-based MBT Bancshares (Mobank).
Standard Chartered migrates Nairobi shared service centre operations to India
Standard Chartered Bank Kenya has migrated its shared service centre operations in Nairobi to India, putting at risk jobs of 300 employees.
Sterling Bank goes live with Temenos core banking solution
Nigerias Sterling Bank has implemented a new core banking system from Temenos in a big-bang overhaul.
P2P lender Zopa to launch new digital bank
Zopa, a UK-based peer-to-peer (P2P) lender, has announced plans to launch an online-only bank.
European Commission forms task force to boost fintech innovation
The European Commission (EC) has created an internal financial technology task force to assess and make the most of innovation in this area and develop strategies to address the potential challenges that fintech poses.
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Majority of traditional financial firms seeking collaboration with fintechs
Traditional financial institutions are increasingly seeking partnerships with financial technology firms as a means to achieve goals faster and at a lower cost, according to a survey by ACI Worldwide.
Allpay designs first debit card for Starling Bank
Allpay, a UK-based payment specialist, has designed the first debit card for Starling Bank, a fully-mobile challenger bank in the country.
Automatia launches real-time multi-banking platform in Finland
ATM operator Automatia has launched the first real-time multi-banking platform in Finland, known as Siirto.
BLOM BANK to buy HSBCs Lebanese arm
Lebanons BLOM BANK has agreed to acquire the assets and liabilities of HSBCs Lebanese operations for an undisclosed sum.
Dutch state to sell 7% stake in ABN Amro; bank to shed 1,500 jobs
The Dutch government has agreed to sell a 7% stake in ABN Amro through an accelerated bookbuilding process.