All articles by Verdict Staff
Verdict Staff
Ally Bank launches debit card controls mobile app
Ally Bank, the direct banking subsidiary of the US-based Ally Financial, has released a new mobile app that enables debit cardholders to set control preferences on their debit card-related spending with a touch of smartphone.
Caliber Home Loans to acquire Banc of California’s home loan unit
Caliber Home Loans has agreed to acquire specific assets of Banc Home Loans, the home loan division of Banc of California.
Silvergate Bank drives digital transformation with FIS technology
Silvergate Bank, a California-based bank with nearly $1bn in assets, has chosen a range of solutions from technology vendor FIS including core banking system, branch, digital and mobile banking, compliance, risk and back-office systems to drive operational efficiency.
National Bank of Canada net income rises to C$497m in Q1
The National Bank of Canada has posted a net income of C$497m for the first quarter of 2017, a jump of 90% compared to C$261m a year ago.
UK card spending increases in 2016
Britons have spent £647bn with the use of payment cards in 2016, an increase of 4% compared to total card spending of £620bn a year ago, according to the latest figures released by The UK Cards Association.
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P2P lender Proplend secures full FCA authorisation
UK-based peer to peer (P2P) lending platform Proplend has received full authorisation from the Financial Conduct Authority (FCA).
TD Bank Q1 net income up 14%
Canadian lender TD Bank has reported a net income of C$2.53bn for the first quarter of 2017, a 14% increase compared to C$2.22bn in the same quarter of 2016.
Online lender Simple unveils shared accounts
US-based digital lender Simple has introduced Shared accounts that will allow partners to spend and save together.
Southbridge Savings Bank taps CPI Card’s solution for in-branch card issuance
US-based Southbridge Savings Bank has extended use of CPI Card Group’s Card@Once solution to offer in-branch instant issuance of debit cards to customers in all nine of its branch locations as well as six branch locations of its merged partner, SpencerBANK.
Scotiabank Q1 net income up 10%
Scotiabank has reported attributable net income of C$1.91bn for the first quarter of 2017, a 10% increase compared to C$1.73bn a year ago.