All articles by Verdict Staff
Verdict Staff
Citi Retail Services signs financial services agreement with BRP
Citi Retail Services and BRP, a manufacturer of power-sports vehicles, have signed an agreement under which Citi will provide a consumer credit card programme to finance the purchase of BRP’s vehicles and other related products and services.
Idea Bank leads the shift towards tailored pricing
Idea Banks decision to offer car loans where the repayments vary in line with monthly mileage will lead to increased market share for the Polish provider. Flexible pricing will prove especially attractive for those with irregular driving patterns.
BNP Paribas taps Gemalto to secure mobile wallet Wa!
French banking giant BNP Paribas has selected to digital security firm Gemaltos Mobile Protector platform to secure Wa! mobile wallet.
ANZ agrees to sell UDC Finance to HNA Group
ANZ has signed an agreement to sell UDC Finance, the asset finance business of its wholly owned subsidiary ANZ Bank New Zealand, to HNA Group.
HSBC fined $32.5m by US regulator over faulty mortgage foreclosures
HSBC Bank USA has been fined $32.5m by the Office of the Comptroller of the Currency (OCC) for violations of a 2011 consent order that directed the bank to overhaul its mortgage foreclosure practices.
Pacific Continental to merge with Columbia Banking System in $644.1m deal
Oregon-based Pacific Continental has agreed to merge with Washington-based Columbia Banking System in a deal worth about $644.1m.
DIFC to launch fintech accelerator in Dubai
Dubai International Financial Centre (DIFC) has announced plans to launch a fintech accelerator in Dubai in association with professional service company Accenture.
China Rapid Finance partners with Tencent to offer new investment products
China Rapid Finance (CRF), a consumer lending marketplace in China, has joined forces with Licaitong, the wealth management platform of Chinese internet giant Tencent, to offer new investment products for individual investors.
Apple Pay to support 17 more financial institutions in US
Apple has extended the support of its mobile payment solution, Apple Pay, to 17 more US firms, including banks, credit unions and card issuers.
New Yorks anti-terrorism transaction monitoring rule goes into effect
Department of Financial Services (DFS) new anti-terrorism and anti-money laundering regulation that requires financial institutions operating in New York to maintain programs to monitor transactions for possible money laundering has gone into effect.