All articles by Verdict Staff

Verdict Staff

Emprise Bank selects FIS as new core banking provider

Emprise Bank, a Kansas-based community bank, has chosen fintech provider FIS as its new core banking provider.

Harland Clarke, Mitek launch new product to boost mobile deposit security

Integrated payment solutions provider Harland Clarke and Mitek, a provider of mobile capture and identity verification software solutions, have jointly rolled out a new solution to strengthen mobile deposit security.

Russian Post to buy stake in VTB’s Leto Bank

Russian Post, the state-run postal service, has agreed to acquire a stake worth RUB5.5bn ($71m) in VTB Group’s subsidiary Leto Bank.

Mashreq Q4 profit slumps 13.7%

Mashreq, a UAE-based banking group, has reported a net profit of AED556.2m for the fourth quarter of 2015, a decline of 13.7% compared to AED644.3m a year earlier.

VEB to sell subsidiaries Svyaz Bank and Globex Bank

Russia’s state development bank Vnesheconombank (VEB) is set to offload two subsidiary banks- Svyaz Bank and Globex Bank- in order to improve its capital position.

Deutsche Bank reports EUR2.12bn net loss in Q4

German banking giant Deutsche Bank has registered a net loss of EUR2.12bn in the fourth quarter 2015, compared to a net income of EUR441m in the year-ago quarter.

DBS Bank taps Moneythor to support its digital banking initiatives

Singapore-based DBS Bank has deployed Moneythor’s solution to provide more intelligent and contextual digital banking to its clients.

Krungsri to buy Cambodian microfinance institution Hattha Kaksekar

Thai lender Bank of Ayudhya (Krungsri), a subsidiary of Japan’s Mitsubishi UFJ Financial Group, has agreed to acquire a 100% stake in Cambodian microfinance provider Hattha Kaksekar (HKL).

ABN AMRO to open first branch in Shanghai

Dutch banking group ABN AMRO has secured the regulatory approval to set up a branch in Shanghai.

Barclays Africa to accept UnionPay card at its ATMs and POS

UnionPay International has inked a deal with Barclays Africa under which the bank will enable UnionPay card acceptance at its ATMs and POS networks across Africa.