All articles by Verdict Staff

Verdict Staff

TD Bank, Cisco collaborate to develop fintech solutions

TD Bank has joined forces with Cisco to develop customer and employee experience technology at the tech firm’s new innovation centre in downtown Toronto.

First Bank of Nigeria sets up operations in Senegal

First Bank of Nigeria, a subsidiary of FBN Holdings, has expanded its African footprint with the launch of First Bank Senegal, formerly registered as International Commercial Bank (ICB).

FSS, Montran partner to bring multichannel payment solutions to Indian banks

Financial Software & Systems (FSS), a provider of payments technology and transaction processing, has entered into an agreement with Montran under which FSS will act as the latter’s exclusive system integrator in the Indian market.

Banco Azteca to close struggling Brazilian operations

Mexican lender Banco Azteca, a subsidiary of Grupo Elektra, is set to close its operations in Brazil after being put under liquidation by the country’s central bank for flouting legal and regulatory rules.

Hong Leong Bank partners with IBM to offer cognitive banking

Hong Leong Bank (HLB) is teaming up with IBM to boost customer support for its 700,000 credit card customers through IBM Watson’s cognitive computing capabilities. It is the first Malaysian bank and organisation to work with IBM Malaysia using Watson.

Bank of China (Hong Kong) chooses smartTrade Technologies for e-FX platform

Bank of China (Hong Kong) has selected smartTrade Technologies to deliver latest low latency e-FX platform capable of supporting a larger client base and handling increasing trading volumes.

Canadian lender Tangerine introduces real-time Secure Chat

Canadian direct bank Tangarine has launched new service, called Secure Chat, to enable clients interact with the bank securely over a real-time chat session.

Credit Union Central of Manitoba selects Everlink for card issuance solutions

Credit Union Central of Manitoba (CUCM), the trade association and service provider for the province’s 34 autonomous credit unions, has selected Everlink Payment Services to deliver enhanced card issuance solutions to eight Manitoba credit unions.

UK digital bank Starling Bank secures $70m investment

British challenger bank Starling Bank has raised $70m (£48m) from an American investor Harald McPike to support its move into the UK banking market.

First Arkansas Bank & Trust chooses IBT to enhance digital banking

First Arkansas Bank & Trust (FAB&T) of Jacksonville, Arkansas has joined forces with IBT to improve and expand its digital offering.