All articles by Verdict Staff

Verdict Staff

Scotiabank attributable net income rises 5% in Q3

Scotiabank has reported attributable net income of C$1.86bn for the third quarter of 2016, up 5.2% compared to C$1.76bn a year ago.

Barclays closes sale of Italian retail banking business

Barclays has concluded the sale of its Italian retail banking business to CheBanca!, which is a part of the Mediobanca Group.

Indian corporate tycoons collaborate to launch microfinance firm Avanti Finance

Tata Trusts chairman Ratan Tata, Infosys co-founder Nandan Nilekanian, and chairman of the National Institute of Public Finance and Policy Vijay Kelkar have joined forces to set up a technology-enabled microfinance firm.

BioConnect, EyeVerify partner to enhance biometric authentication in financial sector

BioConnect, a Canada-based developer of identity management platform, and EyeVerify, a US-based biometric security technology firm, have partnered to improve identity and authentication in financial services industry.

Qatar National Bank gets regulatory nod to open India branch

Qatar National Bank (QNB) has secured the approval of India’s regulatory authorities to open a branch in India.

Commonwealth Bank of Australia to exit India market

Commonwealth Bank (CBA), the largest lender in Australia, has announced plans to exit the Indian market following poor results.

ICBC net profit rises to $22.49bn in H1

Industrial and Commercial Bank of China (ICBC), China’s biggest lender by assets, has reported net profit of RMB150.2bn ($22.49bn) for the first half of 2016, a rise of 0.8% compared to the year ago period.

Yes Bank, PhonePe collaborate to launch UPI-based mobile payments app

Indian private sector lender Yes Bank has teamed up with Flipkart subsidiary PhonePe to launch the first Unified Payments Interface (UPI) based mobile payments app in India.

DBS Bank taps Pivotal to innovate and operate at start-up speeds

Singapore’s DBS Bank has partnered with Pivotal Software to step up its digital transformation and accelerate innovation for customers.

NPCI online payment solution goes live

National Payments Corporation of India (NPCI), the umbrella organisation for all retail payments system in the country, has announced that its online payment system Unified Payments Interface (UPI) is live and currently available for customers of 21 banks.