All articles by Verdict Staff
Verdict Staff
Denmark unveils own fintech hub
Denmark has opened its own fintech hub, Copenhagen FinTech, in collaboration with the Financial Services Union of Denmark, the City of Copenhagen and the Danish Bankers Association.
Lloyds to shed 520 jobs and close 49 branches
Lloyds Banking Group is set to shut down 49 branches and axe a further 665 jobs in a bid to cut costs and boost profitability.
Mizuho Bank Nederland taps Wolters Kluwer platform for regulatory reporting
Mizuho Bank Nederland, the Dutch arm of Japan-based Mizuho Bank, has selected Wolters Kluwer OneSumX platform for risk calculations and multi country regulatory reporting.
Tesco Bank refunds £2.5m to 9,000 customers affected by cyber attack
Tesco Bank, owned by British retailer Tesco, has confirmed that about 9,000 of its customers were affected by an online heist that resulted in a total of £2.5m cash being stolen from their accounts.
CBA cash profit remains flat in Q1
Commonwealth Bank of Australia (CBA) has reported cash profit of A$2.4bn for the first quarter of fiscal year 2017, unchanged compared to the prior year.
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Intesa Sanpaolo taps Gemalto to launch e-PIN notification service
Italian retail lender Intesa Sanpaolo has partnered with Gemalto to support PIN delivery via SMS, web and mobile banking app.
R3 partners with MAS to launch blockchain lab in Singapore
Distributed ledger technology firm R3 has partnered with the Monetary Authority of Singapore (MAS) to launch a new lab devoted to the emerging technology.
ABN Amro Group names new CEO
Dutch banking major ABN Amro Group has promoted its CFO Kees Van Dijkhuizen to the role of CEO, replacing Gerrit Zalm.
India demonetises high denomination currency notes to weed out black money
Indian government has decided to cancel the legal tender character of the high denomination currency notes of INR500 and INR1000 denominations to tackle the menace of black money.
Credit Agricole Q3 net income doubles
French lender Credit Agricoles net income in third quarter of 2016 surged to 1.86bn from 930m in the year ago quarter.