All articles by Verdict Staff

Verdict Staff

BDO Unibank taps Fiserv for managed services support

Philippines-based BDO Unibank has selected technology company Fiserv to provide managed services for its IT initiatives.

UK alternative lender LendingCrowd secures full FCA authorisation

British peer-to-peer (P2P) lender LendingCrowd has received full authorisation from the Financial Conduct Authority (FCA).

eCurrency Mint, BRM partner to launch digital currency in West Africa

eCurrency Mint has collaborated with Banque Régionale de Marchés (BRM) to provide a digital currency in the West African Economic and Monetary Union (WAEMU).

HSBC adjusted pre-tax profit rises 7% in Q3

British banking giant HSBC has posted adjusted pre-tax profit of $5.59bn for the third quarter of 2016, an increase of 7% compared to $5.24bn in the corresponding period of 2015.

Avoka launches new digital sales platform for financial institutions

Avoka, an Australia-based developer of cloud-based digital business platform, has launched Transact Insights, a real-time analytics module designed to improve wealth management customer acquisition.

Deutsche Bank receives regulatory nod for Hua Xia stake sale

Deutsche Bank has secured the go-ahead from the China Banking Regulatory Commission for sale of its stake in China’s Hua Xia.

Swiss government looks to ease rules for fintech startups

The government of Switzerland has proposed a new regulatory regime for financial technology firms to enhance competition in the country’s financial sector.

Australia and Ontario securities watchdogs ink fintech support deal

The Australian Securities and Investments Commission (ASIC) and the Ontario Securities Commission (OSC) have signed an agreement to support innovative financial technology companies in the two markets.

ANZ full-year cash profit slumps 18%

Australia and New Zealand Banking Group (ANZ) has reported cash profit of A$5.9bn for the year ended 30 September 2016, a fall of 18% compared to A$7.2bn in the prior year.

Mobile money slashing cost of international remittances by 50%: GSMA research

The cost of sending international remittances with mobile money is more than 50% less expensive than using global money transfer operators (MTOs), according to a report published by GSMA.