All articles by Verdict Staff

Verdict Staff

Commonwealth Bank of Australia H1 cash profit increases 2% to A$4.91bn

Commonwealth Bank of Australia (CBA) has posted a cash profit of A$4.91bn for the first half of the 2017 financial year, a 2% rise compared to A$4.81bn for the same period in the previous financial year.

HSBC names CEO of ring-fenced UK business

British banking group HSBC has named Ian Stuart as the CEO of its ring-fenced UK retail operations.

Unisys unveils new digital banking platform

US-based IT firm Unisys has launched a new digital banking platform, named Elevate by Unisys, to help financial institutions offer an omni-channel experience to their customers.

Yes Bank rolls out NFC enabled debit cards for contactless payments

Yes Bank, India’s private sector lender, has launched its latest range of NFC (Near Field Communication) enabled debit card range to facilitate contactless payments in the country.

Bank of Ceylon partners with MasterCard to facilitate faster payments in Sri Lanka

Bank of Ceylon (BoC) has partnered with MasterCard to bring faster payment innovation to Sri Lanka.

Citywide Banks to merge with Heartland Financial in $203m deal

Citywide Banks of Colorado, the parent of Citywide Banks, has agreed to merge with and into Heartland Financial, the parent of Centennial Bank and Trust, in a stock-cash deal worth $203m.

Santander UK enables payments through voice command

Santander UK has launched a feature on their mobile app that will allow users to authorise payments using voice command.

ADGM and Central Bank of Bahrain strengthen regulatory cooperation

Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, and the Central Bank of Bahrain (CBB), have inked a memorandum of understanding (MoU) to strengthen regulatory cooperation for the supervision of financial institutions.

Air Bank pilots contactless ATMs from Diebold Nixdorf

Air Bank, a Czech Republic-based financial institution, has piloted Diebold Nixdorf’s new contactless machine that allows users to withdraw cash without inserting a card into the card reader.

Caixabank raises stake in Banco BPI to 84.5%

Spanish lender Caixabank has increased its stake to 84.5% from 45.5% in Portugal-based Banco BPI.