All articles by Verdict Staff

Verdict Staff

ING Netherlands deploys ThetaRay’s fraud detection solution

ING Netherlands has selected ThetaRay’s Advanced Analytics Solution to identify fraudulent behaviour.

Hungarian government, EBRD to buy 30% stake in Erste Bank Hungary for $281.3bn

The government of Hungary and the European Bank for Reconstruction and Development (EBRD) have agreed to acquire a 15% stake each in Erste Bank Hungary, the Hungarian division of Austrian lender Erste Group Bank.

Yantra Financial Technologies launches Y-Labs Marketplace

Massachusetts-based Yantra Financial Technologies, which specializes in designing, developing and managing electronic payment systems, has launched a new initiative, dubbed Y-Labs Marketplace, to support the development of next-generation banking services.

SBI to expand acceptance of Amex cards in India

State Bank of India (SBI) has inked an agreement with American Express (Amex) to increase the acceptance of Amex cards in India.

Wells Fargo to launch new service to help businesses digitise payments

Wells Fargo & Company has unveiled plans to launch a new payment option within its existing Payment Manager service to enable its commercial, corporate, and institutional customers speed up their B2P (business-to-person) electronic payments.

Bank of England to launch fintech accelerator

The Bank of England (BoE) has announced plans to launch its own fintech accelerator that will work with fintech firms to harness innovations for central banking.

NBAD, FGB confirm merger talks

National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) have confirmed talks of a merger deal that would create one of the largest banks in the Middle East.

South State, Southeastern Bank Financial to merge in $335m deal

South State and Southeastern Bank Financial have agreed to merge in all-stock deal worth about $335m.

TPG Growth to purchase 40% stake in BDO Unibank’s rural bank arm

American investment firm TPG Growth has agreed to buy a 40% stake in One Network Bank (ONB), the rural bank subsidiary of Philippines’ BDO Unibank.

M Holdings get central bank nod to buy stake in Kenya’s Oriental Commercial Bank

M Holdings, which is owned by various shareholders of Bank M Tanzania, has received approval from the central bank of Kenya to acquire a 51% stake in Oriental Commercial Bank.