All articles by Verdict Staff

Verdict Staff

Opportunity International selects Mambu’s cloud banking platform

Global microfinance network Opportunity International (OI) has selected Mambu’s core banking platform for small and medium business lending in China.

nCino launches improved version of Bank Operating System

nCino, a secure, cloud-based operating technology provider to the financial services industry, has unveiled the newest version of its Bank Operating System, to offers customers additional functionality to boost their revenue and commercial lending growth.

Nationwide and Co-op Bank favorable lenders for SMEs, says industry survey

Mutual lenders offer the best current accounts for small firms, while challenger banks also competed well, reveals a survey published by the?UK Federation of Small Businesses and the?British Chambers of Commerce.

Myanmar may allow limited foreign banks presence this year: Report

Myanmar is reportedly considering a move to allow foreign banks to operate in the country this year, with a proposal to have fewer branches in specific areas and provide a limited number of products.

Fidor Bank to provide settlement service for European bitcoin merchants

BIPS, a bitcoin merchant processor and wallet provider, has teamed up with Fidor Bank in Germany, to extend the offer of free bank settlements for its Danish merchants to its European merchants as well.

Bank of America launches suite of mobile banking apps

Bank of America (BofA) has rolled out a suite of new mobile banking products and service enhancements including mobile check deposit, person-to-person email and mobile transfers and mobile app alerts, to provide customers more control and convenience.

Fime completes testing for Nabil Bank’s EMV chip payments technology migration

Fime has completed consultancy and testing to authenticate Nepal-based Nabil Bank’s point of sale (POS) terminals and host acquirer platform infrastructure to UnionPay, MasterCard and Visa (EMV) specifications.

Kenya Commercial Bank unveils in-house processing centre

Kenya Commercial Bank has rolled out its in-house processing centre built on TranzWare products from Compass Plus, as part of its strategy to improve overall operational efficiency.

Finland to replace legacy POPS by launching modern payments system

Finland’s banking industry has drawn a plan to create a real-time payments system to replace its legacy Finnish online urgent payment system (POPS) that transcend country borders and utilizes the SEPA standard.

RBS to downsize US mortgage operations, 300 jobs at risk

British banking major Royal Bank of Scotland (RBS) is reportedly downsizing its US mortgage trading business by two third, which might result in hundreds of job losses.