All articles by Verdict Staff
Verdict Staff
BankAxept taps Gemalto to facilitate mobile financial services for banks
BankAxept, the national payment scheme of Norway, has awarded a contract to digital security giant Gemalto to allow all local banks interconnect through a single credentials management hub for secure management of mobile payments services.
IBM to snap up Promontory Financial Group
Technology giant IBM has agreed to acquire Promontory Financial Group, a Washington-based risk management and regulatory compliance consulting firm, for an undisclosed sum.
Deutsche Bank launches digital factory in Frankfurt
Deutsche Bank has opened its digital factory in Frankfurt to discover and evaluate new ideas, and translate these ideas into real products and services for its clients.
Yes Bank introduces banking proposition for start-ups
Indian private sector lender Yes Bank has unveiled a full-service banking proposition for tech or tech-enabled start-ups.
Laurentian Bank of Canada to shed 300 jobs
Laurentian Bank of Canada announced plans to merge fifty branches to optimise operational efficiency, which will lead to the loss of about 300 jobs.
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ING lowers stake in Kotak Mahindra Bank to 3.9%
Dutch banking group ING has reduced its stake in Indian private sector lender Kotak Mahindra Bank from 6.4% to 3.9% through the sale of 46.7 million ordinary shares of Kotak.
BBVA to create innovation centre in Dallas
Spanish lender BBVA has announced plans to create an innovation hub in Dallas, via its US subsidiary BBVA Compass.
Banks unable to meet consumer demand for personalisation: Personetics report
Majority of banks are failing to deliver consumer expectations for personalised financial guidance, according a report by Personetics.
Nearly 68% of Saudi users prefer mobile phones for online payment
About 68% Saudi consumers choose to make payments using their mobile phones, according to Mastercard Impact of Innovation Study.
Bank Sohar ramps up digital transformation with IBM Cloud
Omani lender Bank Sohar has chosen IBM Cloud and mobile to improve its IT infrastructure and client service capabilities.