All articles by Verdict Staff

Verdict Staff

Singapore’s major banks adopt Apple Pay via MasterCard

MasterCard has partnered with Singapore’s five major banks, including DBS, OCBC, POSB, Standard Chartered and UOB, to enable their customers to use their MasterCard brand credit or debit cards with Apple Pay.

Wells Fargo to roll out new mobile wallet

Wells Fargo Bank is set to roll out a new mobile wallet later this summer enabling its users to make NFC payments directly from the Wells Fargo mobile app.

UK banks ditching SMEs and fintech firms to slash compliance costs

British banks are increasingly dumping the accounts of financial technology firms, charities, small businesses, and foreign nationals to reduce the cost of complying with tougher capital and regulatory requirements, according to a study commissioned by the Financial Conduct Authority (FCA).

Financial comparison startup raises funding to move into digital banking

Saving Plus, a Malaysia-based financial comparison startup, has completed a $3m Series A funding round, to expand to digital banking services.

RAKBANK taps Gemalto to support EMV migration

RAKBANK has selected Dutch digital security company Gemalto to support its migration to contactless EMV payments in the UAE.

ANZ hires new CFO

The Australia and New Zealand Banking Group (ANZ) has named seasoned investment banker Michelle Jablko as its new CFO.

APS financial receives permission to offer banking products

Alternative finance provider Advanced Payment Solutions (APS financial) has received a credit licence from the Financial Conduct Authority (FCA) that will allow it to conduct regulated consumer credit activity in the UK.

BofA to expand cardless ATM technology to 5,000 ATMs across US in 2016

Bank of America (BofA) is set to launch card-free ATM access at 5,000 terminals across the US in 2016.

Anadolubank Nederland taps AxiomSL for regulatory reporting solution

Anadolubank Nederland, a subsidiary of Anadolubank Turkey, has selected AxiomSL’s XBRL solution to submit a wide range of regulatory reports to De Nederlandsche Bank (DNB).

Nedbank launches chip-and-pin cards in Namibia

Nedbank, a South African lender, has rolled out chip-and-pin cards as part of its plan to phase out magnetic stripe cards in Namibia.