All articles by Verdict Staff

Verdict Staff

Chicopee Savings Bank, Westfield Bank to merge in $110m deal

Massachusetts-based Chicopee Savings Bank has agreed to merge with and into local rival Westfield Bank in a deal worth about $110m.

NZ Post to offload 45% stake in Kiwibank

Troubled state-owned New Zealand Post (NZ Post) is set to divest 45% of Kiwibank to the New Zealand Super Fund and Accident Compensation Corporation (ACC).

UK digital bank Atom Bank starts operations

British digital-only lender Atom Bank has launched banking operations after regulatory restrictions on its licence were lifted.

Gemalto, Worldline join forces on mobile wallet onboarding

Worldline, a provider of payments and transactional services, has partnered with Dutch digital security firm Gemalto to work together to make mobile payment deployment fast and easy for bank and card issuers.

Which bank is the most ‘Liked’?

Long gone are the days when a branch was needed to speak to your bank. Now, there are a variety of options, including the exponentially growing realm of social media. While banks are unlikely to be defined as ‘social’, they are taking the medium, particularly Facebook, by storm. Patrick Brusnahan writes

Saudi Arabia’s NCB selects Gemalto to launch contactless card portfolio

National Commercial Bank (NCB) of Saudi Arabia has selected digital security firm Gemalto to migrate its entire portfolio of credit cards to contactless EMV cards.

Unison Bank rolls out PIN delivery service via SMS with support from Compass Plus

Ukraine’s Unison Bank has launched a new remote PIN delivery service via SMS with the support of TranzWare products from Compass Plus.

BB&T wraps up $1.8bn acquisition of National Penn Bancshares

North Carolina-based BB&T has completed the acquisition of Allentown-based National Penn Bancshares.

US digital bank Simple to move accounts to BBVA Compass platform

US-based digital lender Simple has announced plans to transfer all its customer accounts to BBVA Compass platform later in 2016.

MAS, NRF to set up office for fintechs in Singapore

Singapore’s Monetary Authority of Singapore (MAS) has collaborated with the National Research Foundation (NRF) to open a new office that will support fintech startups in Singapore.