All articles by Verdict Staff
Verdict Staff
Santander UK partner with Ripple to launch blockchain payments app
Santander UK has selected Ripple’s technology to launch a blockchain-based international payments app.
RBI directs banks to enhance security for card present transactions
The Reserve Bank of India (RBI) has directed banks to upgrade all ATMs in the country by 30 September 2017 with more safety measures to prevent skimming and cloning of debit and credit cards.
Bell ID, First Data enable Polish banks launch cloud-based mobile payments
Mobile payments specialist Bell ID, recently acquired by Rambus, has partnered with First Data Poland to offer cloud-based mobile payments as a service to Polish banks.
RBA issues new guidelines for card payments
The Reserve Bank of Australia (RBA) has issued a set of new guidelines to regulate card payments and safeguard consumers’ interest in the country.
Deloitte to launch blockchain technology lab in Dublin
Professional services and consulting firm Deloitte has announced plans to launch its blockchain technology lab in Dublin, Ireland.
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Challenger bank OakNorth moves entire core system onto cloud
British challenger bank OakNorth has moved its entire core system onto the cloud by using Amazon Web Services (AWS).
BMO Financial Canadian P&C unit Q2 income rises 8%; to slash over 1,800 jobs
The Canadian personal and commercial banking (P&C) unit of BMO Financial Group has posted a net income of C$525m for the second quarter of fiscal year 2016, a rise of C$40m or 8% compared to the prior year.
Bank BGZ BNP Paribas selects Wolters Kluwer for risk management platform
Bank BGZ BNP Paribas, the Polish arm of French banking group BNP Paribas, has selected Wolters Kluwer’s OneSumX platform to manage risk.
Tech Mahindra pulls out of payments bank venture
Indian IT major Tech Mahindra has decided to abandon its plans to start a payment bank citing a long payback time on its investment as a reason.
Digital lending gaps for incumbent retail banks
While lending is the key driver of core banking revenues, more stringent capital requirements and increased origination costs from greater regulation have led banks to reduce – or in some cases withdraw – lending to groups such as SMEs, writes Bernard Kenny