All articles by Verdict Staff
Verdict Staff
Seamless launches SEQR mobile payment service in Romania
Swedish m-commerce software firm Seamless has partnered with Raiffeisen Bank to introduce its mobile payment service SEQR in Romania.
JP Morgan CEO warns of job cuts if UK votes for Brexit
JP Morgan CEO Jamie Dimon has warned that it may axe up to 4,000 banking jobs in the UK if Britain chooses to leave the European Union.
RBI mandates banks to develop cybersecurity policies
The Reserve Bank of India (RBI) has mandated all banks to immediately put in place cybersecurity policies approved by their boards to combat cyber threats.
Cuscal takes 11% stake in fintech developer Moroku
Australian payment solutions provider Cuscal has agreed to acquire an 11% stake in Sydney-based mobile banking and payments software developer Moroku.
CaixaBank, Global Payments, Erste Group form JV in Central and Eastern Europe
Spanish lender CaixaBank, Global Payments and Erste Group Bank have formed a joint venture to offer merchant acquiring and payment services in the Czech Republic, Slovakia and Romania.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Union Bank of India selects AxiomSL platform for regulatory reporting in UK
Union Bank of India (UK) has selected AxiomSLs XBRL solution for submitting regulatory reports to the Financial Conduct Authority (FCA).
India Post secures cabinet nod for payments bank
The union cabinet of India has given the go-ahead to the setting up of India Post’s payments bank venture.
Qatar First Bank announces plans to shed jobs
Qatar First Bank (QFB), a Shari’ah compliant Qatari lender, is set to strategically reduce its workforce as part of a plan that seeks to optimise the bank’s resources and boost its efficiency.
A race to secure customers
Between 2014 and 2015, consumer logins to internet banking increased by 10%, while there was 6% decline in branch transactions. The revised Payment Services Directive (PSD2) is bringing about significant changes to payments; affecting all players and improving the user experience. David Poole of myPINpad comments
RBI permits Axis Bank to increase foreign shareholding to 62%
The Reserve Bank of India (RBI) has allowed Indian private sector lender Axis Bank to increase foreign shareholding to 62%.