All articles by Verdict Staff

Verdict Staff

Number26 partners with Barzahlen to turn retail shops into bank branches in Germany

German smartphone-focused banking startup Number26 has collaborated with Barzahlen.de to allow cash withdrawals and deposits at 3,000 grocery stores, drugstores and other retail chains throughout Germany.

EBA signs memorandum of cooperation with six south-eastern European supervisors

The European Banking Authority (EBA) has inked a memorandum of cooperation with supervisory authorities in six south-eastern European (SEE) countries, establishing a framework for cooperation and information exchange.

Bank IT expenditure: full disclosure is in everyone’s interest

Banks spend tens of millions of pounds on IT every year and yet stakeholders have little or no knowledge where it goes and the level of return it generates, writes David Arnott, CEO, Temenos

Paytm partners with Bank of Maharashtra to introduce mobile wallet top up features in ATMs

Paytm, an Indian mobile payment company, has partnered with Bank of Maharashtra to offer mobile wallet top up service through bank ATMs.

Baiduri Bank buys UOB Brunei retail banking unit

Baiduri Bank has acquired the Brunei retail banking arm of United Overseas Bank (UOB) for BND65m ($46.8m).

Bankpozitif to offload Kazakhstan subsidiary

Turkish lender Bankpozitif has agreed to sell its Kazakhstan arm BankPozitiv Kazakhstan to Eurasian Bank JSC.

Scotiabank to close several offices across Canada and axe jobs

Canadian lender Scotiabank has unveiled plans to shut down several offices across the country, putting at risk hundreds of jobs.

Atos introduces Banking as a Service solution in Myanmar

Atos has collaborated with Myanmar Millennium Group (MMG) to launch Banking as a Service (BaaS) solution in Myanmar, in an effort to accelerate the growth of the local banking sector.

FIS launches Banking on Demand to accelerate financial inclusion in India

FIS, a developer of banking and payments technologies, has launched Banking on Demand, a hosted solution enables India’s new bank licensees to get to market faster and focus on serving customers.

Renasant to buy KeyWorth Bank for $58.7m

Renasant Corporation, parent company of Renasant Bank, has signed an agreement to acquire KeyWorth Bank for approximately $58.7m.