All articles by Verdict Staff
Verdict Staff
Malaysia-Indonesia sign pact to increase banking integration
The financial regulators of Malaysia and Indonesia have signed an agreement to give their banks greater access and operational flexibility operating in the respective jurisdictions.
HSBC pre-tax profit slumps 29% in H1
British banking group HSBC has reported pre-tax profit of $9.71bn for the first half of 2016, a slump of 28.7% compared to $13.63bn a year ago.
ABA Bank rolls out cash by code service in Cambodia using Compass Plus software
Cambodias ABA Bank has unveiled the new cash by code ATM withdrawal service for its mobile banking customers by leveraging TranzWare from Compass Plus.
Commerzbank attributable profit plummets 42% in H1
German lender Commerzbank has reported attributable profit of 372m for the first half of 2016, down 42.3% from 645m the year earlier.
RBI allows on-tap licensing of universal private banks
The Reserve Bank of India (RBI) has issued guidelines for on-tap licensing of universal private banks, which will allow eligible entities to apply for licences whenever they choose to as opposed to the current limited-period window for applications.
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Hellenic Bank launches water-resistant payment wristband using Gemaltos technology
Cyprus-based Hellenic Bank has launched water-resistant contactless EMV payment wristbands, which are marketed as PayBand, using Gemaltos Optelio platform.
Customer-centricity at the heart of Toronto Dominion’s strategy
From P2P payments and wearables to the Internet of Things and the blockchain, senior executives at Toronto Dominion talk to Robin Arnfield about how the North American bank is exploring emerging payment technologies while keeping customers at the heart of the proposition
Israeli cabinet gives go-ahead to banking reforms
The Israeli cabinet has given the go-ahead to the legislation that aims to boost competition in the countrys financial sector by allowing new players to enter the market.
CaixaBank attributable profit dips 10% in H1
Spanish banking group CaixaBank has reported attributable profit of 638m for the first half of 2016, down 9.9% from 708m the year ago.
Huntington Bancshares-FirstMerit $3.4bn merger deal secure Fed approval
The Federal Reserve Board has given the go-ahead to Huntington Bancshares’s acquisition of FirstMerit Bank.