All articles by Verdict Staff

Verdict Staff

HKMA sets up fintech innovation hub and supervisory sandbox

The Hong Kong Monetary Authority (HKMA) is set to establish a fintech innovation hub and supervisory sandbox to facilitate fintech innovation in the country.

Emirates NBD unveils future digital banking lab

Emirates NBD has established Future Lab to accelerate the development of next generation digital and mobile banking services in the UAE.

A quantum of prevention for our cybersecurity

Cyber technologies can dramatically increase productivity and enable new capabilities that are at the centre of our current businesses our economies, and our society, argues Dr. Michele Mosca

Al Baraka Bank (Pakistan), Burj Bank to merge as one Islamic bank in Pakistan

Al Baraka Bank (Pakistan), the Pakistani arm of Bahrain’s Al Baraka Banking Group, has agreed to merge with Pakistan’s Burj Bank to create a single Islamic bank in Pakistan.

US credit unions collaborate to create blockchain consortium

US credit unions have created a collaborative venture to explore blockchain operation and pilot potentially useful applications.

Citi collaborates with Grab to promote cashless payments

Banking giant Citi has partnered with Grab, a Singapore-based ride-hailing platform, to promote cashless payments.

Visa collaborates with BTL Group for blockchain-based interbank payments

Visa Europe Collab, the innovation hub of Visa Europe, has collaborated with Canadian blockchain specialist BTL Group to explore potential applications for blockchain technology in the financial services ecosystem.

Banks and merchants must cater to needs of UAE, Saudi millennials

Financial institutions and merchants must focus to cater to the needs of millennials in the UAE and Saudi Arabia, according to a new report by Visa.

Tieto completes Emric acquisition

Finish IT firm Tieto has completed the acquisition of Emric, a Stockholm-based provider of software and services for credit processing, to strengthen its position as a business renewal partner for Nordic financial services customers.

Backbase and Entersekt collaborate for digital banking authentication

Backbase, a provider of digital banking solutions, has partnered with Entersekt to use the latter’s authentication capabilities on its Open Banking Marketplace.