All articles by Verdict Staff

Verdict Staff

IDFC Bank collaborates with Uphold for instant cross-border remittances

Indian private sector lender IDFC Bank has teamed up with cloud-based financial platform Uphold to facilitate inward remittances into India.

Lombard Risk, Oracle collaborate to launch regulatory reporting solution

Lombard Risk Management has joined forces with Oracle Financial Services to launch a global regulatory reporting solution that automates the end-to-end process for regulatory reporting.

BTMU invests $801.1m in Philippines’ Security Bank

Japan’s Bank of Tokyo-Mitsubishi UFJ (BTMU) has infused a capital of PHP36.9bn ($801.1m) in Philippines’ Security Bank as part of a partnership deal signed in January 2016.

Santander Bank chooses RDM as new remote deposit provider

Santander Bank has chosen RDM as its new desktop and mobile Remote Deposit Capture (RDC) solution provider for its corporate and commercial banking clients.

First Busey, Pulaski Financial secure shareholders nod for merger

First Busey, the parent of Busey Bank, and Pulaski Financial, the parent of Pulaski Bank, National Association, have received the shareholders approval for their merger.

Mobile banking usage continues to rise in US: Federal Reserve study

Use of mobile banking continued to experience a rise in the US last year, with more consumers adopting mobile financial services, according to a survey by the Federal Reserve Board.

Israel cracks down on bank executives’ salaries

In a bid to narrow the pay gap between employees and bosses, the government of Israel has adopted a new law to cap salaries of bank executives.

SmartVista powers Afghanistan’s national payment system

Payment solutions provider BPC Banking Technologies in association with Da Afghanistan Bank has launched Afghanistan’s national payment system based on SmartVista.

SBI selects Morpho for EMV payment card issuance

State Bank of India (SBI) has selected Syscom, an Indian subsidiary of identity and security solutions provider Morpho (Safran), for EMV payment card issuance.

Slovenian lender NLB partners with Prepaid Financial to launch contactless card

Slovenia lender Nova Ljubljanska Banka (NLB) has partnered with Prepaid Financial Services (PFS), a London-based e-money provider, to introduce a white-labelled, contactless prepaid MasterCard card and mobile sticker product.