All articles by Verdict Staff

Verdict Staff

OBS, ProfitStars partner to provide online banking services for financial institutions

Online Banking Solutions (OBS), a Georgia-based provider of e-banking products, has partnered with ProfitStars to provide online banking services for financial institutions using its platform, Messenger Financial Centre (MFC).

AIH launches P2P lending service in South Africa

E-commerce firm Africa Internet Holdings (AIH) has launched its peer-to-peer lending service, Lendico, which serves as digital alternative to banks and enables investors to directly fund the loans of private individuals.

Royal Canadian Mint halts digital currency programme

The Royal Canadian Mint, an entity owned by the Canadian federal government, has halted its plans to develop the digital currency programme and is now planning to sell the business.

Vietnam’s Eximbank uses TSYS’ biometric technology for ATM transactions

Vietnam-based Eximbank is now using TSYS-developed fingerprint authentication technology for over-the-counter or ATM transactions.

ATMIA forms new forum for underbanked Americans

The ATM Industry Association (ATMIA) has formed a new US Underbanked Forum to enable development and deployment of ATM solutions, which will address the needs of the US unbanked and underbanked individuals.

Texas Department of Banking outlines new policy for virtual currencies

Texas Department of Banking (TDB) has outlined new rules for virtual currencies that will provide clear information and regulatory satisfaction for businesses and individuals working with virtual currencies.

Raiffeisen Bank Aval closes all branches in Crimea

Aval has announced it is to close its remaining six branches in Crimea on 15 April.

ADIB to purchase Barclays’ retail banking arm in UAE

Abu Dhabi Islamic Bank (ADIB) had entered into a deal with Barclays Bank to purchase its retail banking business in the UAE for an estimated price of $177m.

Conflicting demands to make UK banks struggle more: KPMG Report

Conflicting demands from investors, customers, regulators and the government will create more pain and struggle for UK banks, according to a report by KPMG, a professional services firm that provides audit, tax and advisory services.

Prosper’s P2P loans exceeds $1bn mark

Prosper Funding, a California-based peer-to-peer (P2P) financing platform, has reached a new milestone by offering personal loans worth more than $1bn.