All articles by Verdict Staff

ING Group net profit surges 27% in Q3

Dutch banking group ING Group has reported net profit of €1.35bn for the third quarter of 2016, a surge of 26.8% from €1.06bn in the year ago period.

Citi enhances mobile app with ‘ability to dispute a charge’ feature

Citi, a US-based diversified financial services firm, has added ‘ability to dispute a charge’ functionality to the Citi Mobile App for iPhone in the US.

test

NCR bags order for over 7,000 cash-vending machines from SBI

American ATM manufacturer NCR has won a contract from State Bank of India (SBI) to install more than 7,070 cash-vending machines.

HSBC names chairman of UK ring-fenced business

British banking major HSBC has named Clara Furse as the chairman of its new ring-fenced UK retail business.

Half of banking customers globally using fintech services

Half of banking customers worldwide are using the services of at least one fintech firm, although trust remains a major impediment to the largescale adoption of these services, according to a report jointly published by Capgemini, LinkedIn, and Efma.

Abu Dhabi Global Market sets up fintech regulatory lab

Abu Dhabi Global Market (ADGM), which is Abu Dhabi’s international financial centre, has launched a regulatory laboratory (RegLab) to support innovation in the financial technology space.

Standard Chartered pre-tax profit plummets 64% in Q3; retail banking income dips 1%

Standard Chartered has reported statutory profit before tax of $153m for the third quarter of 2016, down 64.4% from $430m in the year ago period.

Tinkoff Bank adds Apple Pay support for its cardholders

Russian lender Tinkoff Bank has announced that its customers can now use Apple Pay to carry out secure and convenient contactless and online payments.

Ulster Bank Ireland fined for anti-money laundering and terrorist financing failures

Ulster Bank Ireland has been fined €3.3m by the Central Bank of Ireland for anti-money laundering and terrorist financing failures.