All articles by Verdict Staff
Verdict Staff
National Australia Bank introduces new rewards programme
National Australia Bank (NAB) has launched its new rewards programme that will allow customers to improve the value of their everyday spending by earning and redeeming points on some of the best value products.
Digital Darwinism beginning to appear
The next few years in the financial services sector are going to be transformative from a marketing perspective partly driven by a new generation of marketing technologies but also by changes in consumer behaviour, which will lead to Digital Darwinism, so says senior financial marketer Stephen Ingledew
Societe Generale to pay $50m fine to settle RMBS fraud claims
Societe Generale has agreed to pay a $50m civil penalty to resolve claims that it defrauded investors, including federally insured financial institutions, in the marketing and sale of a residential mortgage-backed security (RMBS).
Pinnacle Financial Partners to buy BNC Bancorp for $1.9bn
Tennessee-based Pinnacle Financial Partners, the parent of Pinnacle Bank, has agreed to acquire North Carolina-based BNC Bancorp, the parent of Bank of North Carolina, in an all-stock deal valued at $1.9bn.
FairFX snaps up Q Money and e-money licence
Multicurrency payments service FairFX has agreed to acquire digital business banking firm Q Money and its associated e-money licence.
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Optimism among UK financial services firms continue to decline
Optimism among financial services firms about the overall business situation in the UK has dropped for the fourth consecutive quarter, which is the longest period of declining sentiment since the 2008 financial crunch and the sharpest fall since December 2008, according to a survey by the Confederation of British Industry (CBI) and PwC.
Al Rajhi Bank taps Diebold Nixdorfs biometric technology for debit card issuance
Saudi Arabia-based Al Rajhi Bank has forged a partnership with Diebold Nixdorf to develop a biometric-enabled self-service solution, enabling debit card printing through biometric authentication at self-service terminals.
DBS Bank launches overseas payments service
Singapores DBS Bank has unveiled an overseas payments service to help customers avoid high foreign exchange (FX) and conversion fees on making overseas payments.
US, Hong Kong regulators ink cross-border cooperation agreement
The US Securities and Exchange Commission (SEC) has signed a memorandum of understanding (MoU) with the Hong Kong Securities and Futures Commission (SFC) to strengthen cross-border cooperation.
Deutsche Bank finalises $7.2bn settlement with DOJ over sale of toxic securities
Deutsche Bank has reached a $7.2bn final settlement with the US Department of Justice (DOJ) over the issuance and underwriting of residential mortgage-backed securities (RMBS) between 2005 and 2007.