All articles by Verdict Staff

Verdict Staff

Singaporean and Australian regulators sign fintech agreement

The Monetary Authority of Singapore (MAS) and Australian Securities and Investments Commission (ASIC) have inked a pact to aide help fintech startups in both countries explore opportunities across markets.

Bank of Israel allows institutional investors to increase stakes in bank to 7.5%

The Bank of Israel has allowed institutional investors to raise their holding of bank shares to 7.5% from the earlier limit of 5%.

HSBC to pay $1.6bn to settle Household lawsuit

HSBC Holdings has agreed to pay $1.575bn to settle a class action lawsuit stemming from its purchase of consumer finance business Household International.

Payveris launches new fraud prevention platform for financial institutions

Payveris, a provider of cloud-based open API digital payment solutions, has released PayWatch, a fully integrated fraud prevention solution.

Eurobank Ergasias taps Accenture to upgrade IT infrastructure

Eurobank Ergasias has inked a ten-year agreement with Accenture to upgrade its IT infrastructure in Romania, Bulgaria, Serbia and Ukraine.

Indian Cabinet approves SBI’s merger with subsidiaries

India’s Union cabinet has given the go-ahead to the merger of State Bank of India (SBI) and its five associate banks.

Barclays launches Rise fintech hub in India

British banking group Barclays has launched Rise, its physical and virtual global start-up community, in Mumbai, India.

QNB Group wraps up Finansbank acquisition

QNB Group, a leading financial institution in the Middle East and Africa, has concluded its acquisition of 99.81% stake in Turkish lender Finansbank.

Canadian Payments Association rebrands as Payments Canada

The Canadian Payments Association (CPA), the country’s financial market infrastructure for payments, has changed its name to Payments Canada.

State Bank of Pakistan issues guidelines for payment card security

The State Bank of Pakistan (SBP) has issued new guidelines to promote modern and robust payment systems through enhancing security of payment cards and safeguard the interests of consumers.