All articles by Verdict Staff
Verdict Staff
Chemical Financial secures regulatory nod for merger with Talmer Bancorp
Midland-based Chemical Financial, the parent of Chemical Bank, has secured approvals from the State of Michigan Department of Insurance and Financial Services and the Board of Governors of the Federal Reserve System for its merger with Troy-based Talmer Bancorp.
UK digital bank Mondo secures banking licence
British challenger bank Mondo has secured a restricted banking licence from the Financial Conduct Authority (FCA) and Prudential Regulatory Authority (PRA).
TCM Bank snaps up Fifth Third Bank’s agent bank credit card portfolio
TCM Bank, a credit card bank of ICBA Bancard, has acquired the agent bank portfolio of Cincinnati-based Fifth Third Bank.
RBI proposes liability cover in fraud for bank customers
The Reserve Bank of India (RBI) has issued a draft proposal that seeks to offer ‘zero liability’ for customers in third-party frauds on the account or card if they are reported within three days.
Union Bank of India, Worldline introduce credit card management app
Union Bank of India has rolled out a new credit card management app in collaboration with Worldline.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Emirates NBD rolls out mobile contactless payments solution
UAE-based Emirates NBD has rolled out its mobile contactless payments solution that enables the bank’s Visa cardholders to pay for in-store purchases instantly using their mobile phones.
Finova Financial raises $52.5m in record fintech funding
Finova Financial, an auto title lending platform, has raised $52.5m in fintech funding, an investment deemed to be one of the largest initial rounds in the history of fintech.
Indian cabinet approves foreign investment rule changes for NBFCs
The Indian cabinet has given the go-ahead to changes in rules for foreign investment in non-banking finance companies (NBFCs).
Bank of Italy to close AS PrivatBanks Italian unit for money laundering
The Bank of Italy is set to close Latvian lender AS PrivatBanks Italian arm for violation of anti-money-laundering regulations.
South Africa and Abu Dhabi financial regulators ink collaboration deal
Financial services regulators of South Africa and Abu Dhabi have signed an agreement to enable greater collaboration on regulatory matters.