All articles by Verdict Staff

Verdict Staff

M&T Bank extends agreement with Cardtronics to expand ATM network

M&T Bank has extended agreement with Cardtronics to offer the bank-branded ATMs at 120 Speedway locations in New Jersey and New York.

CBA annual cash profit rises 3%; retail banking unit profit jumps 11%

Commonwealth Bank of Australia (CBA) has reported a cash profit of A$9.45bn for the year ended 30 June 2016, a rise of 3% compared to A$9.13bn a year ago.

Australia creates specialist unit to combat financial crimes

The government of Australia has created a specialist cyber-intelligence unit to combat online terrorism financing activities, money laundering and online payment fraud.

Fexco, ENCASH to roll out mobile cash withdrawal technology in Philippines

Irish financial services firm Fexco has collaborated with Electronic Network Cash Tellers (ENCASH) to launch the mobile cash withdrawal solution in the Philippines.

TIAA to buy EverBank for $2.5bn

Financial-services firm TIAA has agreed to acquire Florida-based consumer and commercial lender EverBank in a cash deal worth $2.5bn.

Northwest Bank secures regulatory nod to purchase 18 First Niagara branches

Northwest Bank, a subsidiary of Pennsylvania-based Northwest Bancshares, has received the regulatory nod from the Pennsylvania Department of Banking and Securities and the Federal Deposit Insurance to acquire 18 First Niagara Bank offices in Western New York.

Bank Australia confirms merger talks with Intech Credit Union

Bank Australia has confirmed that it is in discussions to merge with Sydney-based Intech Credit Union.

UK’s competition watchdog orders banks to implement open banking standard

The UK’s Competition and Markets Authority (CMA) has ordered the country’s high street banks to share customers’ data with third parties from 2018, in a bid to boost competition and accelerate technological change in the UK retail banking industry.

ANZ cash profit drop 3% to A$5.2bn

Australia and New Zealand Banking Group (ANZ) has reported cash profit of A$5.2bn for the nine months to the end of June 2016, a fall of 3% from a year ago.

NAB inks payments deal with iSignthis

National Australia Bank (NAB) has signed a payment facilitator program services agreement with Melbourne-based identity proofing technology provider iSignthis.