All articles by Verdict Staff

Verdict Staff

Webster Bank to shrink branch network

Webster Bank will shut down eight branches across four US states as more customers adopt electronic banking channels.

Russian central bank sets up fintech association

Bank of Russia has created a new fintech association that will focus on promoting the development of blockchain technology in the country.

Target Group snaps up Commercial First

Financial services outsourcing and software vendor Target Group has acquired the operating business of Commercial First, a UK based provider of commercial and residential mortgage servicing, due diligence and property valuations.

Major EU banks collaborate on blockchain platform for SMEs

Seven European banks have signed a memorandum of understanding (MoU) to develop a blockchain-based shared platform to support domestic and cross-border trade for SMEs.

PwC Singapore, High-Tech Bridge ink cybersecurity partnership

PwC Singapore has teamed up with High-Tech Bridge to offer its Asia Pacific clients cybersecurity, compliance and risk management digital services.

Cardtronics, Citibank collaborate to offer surcharge-free ATMs in Walgreens stores

Cardtronics has joined hands with Citibank and Walgreens to bring Citi-branded ATMs inside Walgreens stores across the US.

Nearly 25% of UK card payments now contactless

Nearly 25% of all card transactions are now carried out via contactless channel in the UK, according to the figures released by the UK Cards Association.

PNC Financial net income rises in Q4

The PNC Financial Services Group has posted net income of $1.04bn for the fourth quarter of 2016, up 2.4% compared to $1.02bn in the corresponding quarter of 2015.

Misys introduces P2P lending solution for banks

Financial technology provider Misys has unveiled a new module that will allow retail and corporate banks provide peer-to-peer (P2P) lending to their customers.

Emirates NBD annual net profit rises 2%

Emirates NBD has reported net profit of AED7.24bn for the year ended 31 December 2016, up 2% compared to AED7.12bn a year ago.