All articles by Verdict Staff
Verdict Staff
A very happy sixth birthday for Metro Bank
“We are going from strength to strength” says a characteristically upbeat Vernon Hills as he comments on Metro Banks first results as a quoted firm. As the UK lender celebrates its sixth birthday, he tells Douglas Blakey Metro is on target to move into the black by the year end
RBI imposes penalty on three banks for regulatory lapses
The Reserve Bank of India (RBI) has fined Bank of Baroda (BoB), HDFC Bank, and Punjab National Bank (PNB) for violating know your customer (KYC)/anti-money laundering (AML) norms.
HSBC in talks to offload Lebanese business to Blom Bank
HSBC Bank Middle East, a subsidiary of HSBC Holdings, is in talks to offload its Lebanese business to Lebanese lender Blom Bank.
Telefonica Germany rolls out mobile banking service
Telefonica Germany has launched a mobile banking service, dubbed O2 Banking, in collaboration with online lender Fidor Bank.
Majority of Americans expect cash to become obsolete in their lifetime: Gallup survey
Nearly two-third (62%) of Americans expect the US to become a cashless society in their lifetime, with all purchases being made with credit cards, debit cards and other forms of electronic payment, according to a new Gallup survey.
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ICICI, AXIS Bank join SWIFTs global payments innovation initiative
Indian private sector lenders ICICI Bank and AXIS Bank have become the first Indian banks to join SWIFTs global payments innovation initiative that aims to facilitate cross-border payments.
UK and South Korea form fintech bridge
Britain and South Korea have formed a fintech bridge to help financial technology firms and investors in two countries to access each others’ markets.
Elavon signs payment processing agreement with Capital Bank
Elavon, a credit card processor and subsidiary of U.S. Bancorp, has signed a multi-year payment processing agreement with Capital Bank.
Burgan Bank deploys ICS Financial’s banking software
Kuwaiti lender Burgan Bank has deployed universal banking software ICS Banks from ICS Financial Systems to improve its customer service.
Mobile banking usage surges in UK as banking via websites slows
Smartphone-addicted Britons are increasingly preferring mobile banking apps to manage their money over banks’ websites, according to a report by the British Bankers Association (BBA).