All articles by Verdict Staff
Verdict Staff
Lloyds taps DH Corporation for Bacs payment solution
Lloyds Banking Group has chosen DH Corporations Bacs payment service to enhance direct debit and direct credit processes.
FNB to snap up Yadkin Financial for $1.4bn
Pennsylvania-based FNB has agreed to acquire North Carolina-based Yadkin Financial, the parent of Yadkin Bank, in an all-stock deal worth $1.4bn.
NAB unveils new organisational structure
National Australia Bank (NAB) has made slew of changes to its organisational structure as well as its executive leadership team to drive its Australian and New Zealand businesses.
VocaLink finally captured by MasterCard
After months of speculation, MasterCard has entered into a £700m ($920m) agreement to acquire VocaLink. VocaLinks investors could also receive a potential £169m earn-out if performance targets are met.
Singapore to take action against DBS, Standard Chartered and UBS
The Monetary Authority of Singapore (MAS) has found lapses in anti-money laundering (AML) controls in DBS, Standard Chartered and UBS following its probe into scandal-ridden Malaysian state fund 1Malaysia Development Berhad (1MDB).
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FCA says UK financial firms must continue to comply with EU rules
UKs Financial Conduct Authority (FCA) has confirmed that European Union (EU) rules will continue to apply to financial firms in the UK despite Britains vote to quit the EU.
African banks must seize the potential of their own market
African banks need to seize the huge long term potential offered by the sector across the continent, starting with necessary consolidation and targeting the development of home-grown banking champions. Christophe Jocktane-Lawson, Managing Director of EBI (Ecobank Group), writes
Wells Fargo teams up with NCR for retail banking innovation
Wells Fargo has struck a partnership agreement with NCR to create next-generation technology for retail banking stores and ATMs.
Bank of Ireland to shut down eight Northern Ireland branches
Bank of Ireland is set to shut down eight branches across its network in Northern Ireland, which could lead to loss of over 50 jobs in the region.
Yes Bank taps Gemalto to secure clients mobile payment transactions
Yes Bank, India’s fifth largest private sector bank, has deployed Gemaltos SafeNet Network HSM to secure mobile payment transactions for its clients under the countrys recently implemented Unified Payments Interface (UPI).