All articles by Verdict Staff
Verdict Staff
Ziraat Bank taps Diebold Nixdorf software for ATM upgrade
Turkey-based Ziraat Bank has chosen Diebold Nixdorf technology to offer connected consumer experience at its 7,000 ATMs.
Neo-bank Moven launches in UK
Moven, a US-based mobile banking venture, has expanded into Europe by launching its app in the UK.
BNP Paribas to invest 3bn in digital transformation
French banking major BNP Paribas has announced plans to invest 3bn in digital initiatives in the next three years.
Al-Arabiya Islamic Bank opts for ICSFS software
Iraq’s Al-Arabiya Islamic Bank has selected technology from ICS Financial Systems (ICSFS) to streamline banking services.
Fosun raises stake in Portuguese lender BCP to 24%
Chinese conglomerate Fosun has increased its stake in Portuguese lender Banco Comercial Portugues (BCP) to 23.92% as a result of the lender’s 1.33bn rights issue.
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Central 1 selects Backbase to modernise member platform
Central 1 Credit Union (Central 1), a digital banking and payments provider for credit unions in Canada, has selected Backbase technology to modernise its MemberDirect digital banking platform.
UniCredit agrees 3,900 job cuts with Italian trade unions
Italian banking group UniCredit has inked an agreement with Italian trade unions to axe 3,900 local jobs as part of a business plan by new CEO Jean Pierre Mustier to strengthen the banks capital.
Santander Consumer Bank, Worldline expand payment services partnership
Worldline, through its equensWorldline subsidiary that specialises in financial processing, and the Santander Consumer Bank in Poland, have expanded their partnership for a new service.
First Busey to take over First Community for $235.8m
Illinois-based First Busey, the parent of Busey Bank, has agreed to acquire local rival First Community Financial Partners, the parent of First Community Financial Bank, in a transaction valued at about $235.8m.
BNP Paribas retail banking pre-tax income slips in Q4
The retail banking arm of BNP Paribas has reported pre-tax income of 1.86bn for the fourth quarter of 2016, a 1.2% decrease compared to 1.88bn the year ago.