All articles by Verdict Staff
Verdict Staff
Worldline and Sparda-Banken extend contract until 2022
Worldline, through its equensWorldline subsidiary specialised in financial processing, and the association of Sparda-Banken have extend their business relationship for further six years.
London city professionals weighing relocation after Brexit: Morgan McKinley study
Despite a vast majority of London city professionals dissatisfied with the outcome of Britains vote to quit the European Union, only few plan to relocate away from the city, according to a survey by Morgan McKinley.
Commercial Bank of Ceylon subsidiary sets up money transfer business in Italy
Commex Sri Lanka, a unit of Commercial Bank of Ceylon, has launched its money transfer operation in Italy after securing money transfer licence from the Bank of Italy.
ADCB collaborates with Xpress Money to offer international remittance services
Abu Dhabi Commercial Bank (ADCB) has partnered with Xpress Money to offer international account credit services through its existing mobile banking app.
Abu Dhabi Global Market signs MoU with FinanceMalta on bilateral cooperation
Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, has signed a memorandum of understanding (MoU) with FinanceMalta (FM), the organisation responsible for the development of the countrys financial centre, to enable further collaboration on joint initiatives and efforts to bolster the growth of the financial markets in both financial markets.
Australian watchdog orders banks to review cross-selling practices
Australian Securities and Investments Commission (ASIC) has ordered major banks to independently audit their cross-selling practices, where banks seek to sign customers up for multiple products, often in wealth management.
Bank of Jordan taps Wolters Kluwer solution to manage liquidity risk
Bank of Jordan has selected the Netherlands-based Wolters Kluwers risk management software OneSumX to manage its liquidity risk and asset and liability management (ALM) requirements.
Deutsche Borse invests in German fintech firm figo
DB1 Ventures, the corporate venture capital arm of Deutsche Borse, has invested a seven-digit amount in German fintech firm figo for a significant minority stake.
Czech bank Ceska sporitelna to accept UnionPay cards
UnionPay International has inked an agreement with Czech commercial bank Ceska sporitelna to expand its card acceptance in the country.
EBRD slashes stake in Romanias Banca Transilvania
The European Bank for Reconstruction and Development (EBRD) has slashed its equity stake in Romanian lender Banca Transilvania by 2.9%.