All articles by Verdict Staff

Verdict Staff

Alibaba affiliate launches online bank

Chinese online retail giant Alibaba’s financial services arm Ant Financial has launched online bank MYbank, which will offer loans to the small- and medium-sized Chinese enterprises.

Atom selects FIS as core technology partner

Britain’s first digital-only bank Atom has selected FIS, a provider of banking and payments technology, to provide banking-on-demand solutions to serve its customers on the move.

Citigroup clubs retail banking and mortgage arms

Citigroup has decided to club its retail banking and mortgage operations under Jonathan Larsen, who is currently the bank’s global head of retail banking, and head of consumer banking for Asia Pacific.

Barclays, Safello collaborate to explore use of bitcoin technology in banking industry

Barclays has signed a proof of concept (PoC) with Swedish bitcoin spending platform Safello to explore how the blockchain technologies could be used in the banking sector.

Westpac takes equity stake in payment startup PromisePay

Australian lender Westpac’s venture capital fund Reinventure Group has acquired an equity stake in PromisePay, a payments platform for online marketplaces.

Digital-only lender Atom Bank receives UK banking licence

The Bank of England has granted banking licence to Atom Bank, ahead of its planned launch later this year.

MoneyGram collaborates with Garagum Bank to launch services in Turkmenistan

MoneyGram has launched its money transfer services to Turkmenistan by partnering with Garagum Bank.

Axis Bank rolls out new debit card with enhanced security features

Indian private sector bank Axis Bank has introduced a new EMV chip based debit card called Secure+ that offers enhanced security features such as fraud protection and wallet protection.

Busey Bank taps Fundtech for remote deposit capture solution

Busey Bank, headquartered in Champaign, Illinois, has selected Fundtech as its commercial remote deposit capture (RDC) solution provider.

India’s HDFC Bank looking to hire thousands of staffs to boost lending-report

Indian private sector lender HDFC Bank is reportedly planning to hire thousands of staffs and open hundreds of new branches in 2015 to boost lending.