All articles by Verdict Staff
Verdict Staff
Estonias LHV Bank to close Latvian arm
Estonian banking group LHV Bank, a subsidiary of AS LHV Group, is set to shut down its branch in Latvia.
London’s fintech scene is as vibrant as ever
The UK capitals financial reputation coupled with a thriving technology scene has transformed the city into a hub of digital innovation. Payments are the largest fintech subsector in the UK, with the UK Trade and Investment Government department estimating its worth at £10bn ($14.4bn). Ian Dowson writes
CaixaBank adds Samsung Pay to its mobile payment service
Spanish lender CaixaBank has signed an agreement with Samsung Electronics to add Samsung Pay to its mobile payment service.
Fidor Bank rolls out first physical product in UK
Fidor, a Germany-based online-only challenger bank, has introduced its first physical product in the UK market, called Fidor TAP Debit MasterCard.
Deutsche Bank expects to post $7.3bn net loss for 2015
Deutsche Bank said it expects to post a net loss of about EUR6.7bn ($7.3bn) for 2015 after putting aside more money for litigation, write-downs and restructuring charges.
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U.S. Bank adds Apple Pay to its credit cards
U.S. Bank has announced that its consumers who use U.S. Bank FlexPerks American Express credit cards can now make purchases with Apple Pay.
Bank Innovation, Fiserv partner to launch new fintech accelerator
Bank Innovation, a fintech strategy news services provider, has collaborated with Fiserv to launch a new fintech accelerator, named Bank Innovation INV.
UK financial regulators form unit to support start-up banks
Britain’s financial regulators Prudential Regulation Authority and Financial Conduct Authority have jointly set up a new bank unit to support newly authorised banks or start-ups.
ING invests in Hong Kong fintech provider WeLab
Dutch lender ING has taken a stake in a Hong Kong-based fintech startup WeLab that offers consumer loans in China and Hong Kong.
Fiserv to buy ACI Worldwides community financial services unit for $200m
Fintech provider Fiserv has agreed to acquire ACI Worldwides community financial services business in a $200m deal.