All articles by Verdict Staff

Verdict Staff

Majority of Americans believe banks failing to keep up with times

Three of five Americans hold the view that traditional banks are failing to keep pace with today’s connected times, according to a survey by San Francisco based early-stage venture capital firm Blumberg Capital.

Banco Popular opts for Diebold Nixdorf analytics technology

Puerto Rico‘s Banco Popular has tapped Diebold Nixdorf advanced predictive maintenance analytics technology to improve operational efficiency and consumer touchpoint visibility.

Surely not? ING eyes up possible UK return

It was the market that ING never cracked – but it may be about to have another shot. Douglas Blakey writes

Ujjivan Financial Services to launch biometric ATMs

Indian microfinance firm Ujjivan Financial Services has announced plans to launch biometric ATMs for the unbanked and under-served customers using technology from Financial Software and Systems (FSS).

Scotiabank scores Canada first with digital account opening for SMEs

Scotiabank has become the first of the major Canadian banks to launch a fully online account opening process for SME’s.

Bank Leumi to pay $1.6m for unregistered US cross-border business

Israel-based Bank Leumi has agreed to pay $1.6mn in fine to the US Securities and Exchange Commission (SEC) to settle charges that it provided investment advice and securities transactions to US customers without being registered.

Mobile payments usage remains flat in North America: Accenture study

Awareness of mobile phone payments among North American consumers increased four percentage points from last year to 56% in 2016, but its regular usage remained flat at 19%, according to a new report from Accenture.

Amicus submits application for banking license

British online financial services group Amicus has applied to the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) for a banking license.

Suffolk Bancorp-People’s United Financial merger secure shareholders’ nod

Shareholders of Suffolk Bancorp, the parent of Suffolk County National Bank, have approved the bank’s proposed merger with People’s United Financial.

UniCredit confirms talks with PZU for stake sale in Bank Pekao

Italian banking group UniCredit has confirmed that it is in negotiations with Polish insurer PZU and state fund Polski Fundusz Rozwoju on the stake sale in its Polish subsidiary Bank Pekao.