All articles by Verdict Staff
Verdict Staff
IBM to establish blockchain innovation center in Singapore
Tech giant IBM is planning to open its first blockchain innovation centre in Singapore to accelerate blockchain adoption for finance and trade.
European Commission approves Banco Santander Tottas Banif acquisition
The European Commission has given the green light to Banco Santander Tottas acquisition of Portugal’s troubled bank Banif.
EU approves first cybersecurity law
The European Union (EU) has given the go-ahead to its first legislation on cybersecurity to help vital services including banking combat cyber threat.
Myanmar’s AGD Bank launches EMV-certified ATM transactions
Myanmar-based Asia Green Development Bank (AGD Bank) has started accepting EMV-based Visa and MasterCard chip-enabled card transactions in all its ATMs, thereby becoming the first lender in the country to offer the service.
Cathay General Bancorp to buy SinoPac Bancorp for $340m
Cathay General Bancorp, the parent of Cathay Bank, has agreed to acquire SinoPac Bancorp, the US arm of Bank SinoPac, in a $340m deal.
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Major US banks pledge support for London following Brexit
Major US banks have pledged to help London maintain its position as a global financial centre following Britains decision to quit the European Union.
Lizton Financial to acquire Indiana Business Bancorp
Lizton Financial and Indiana Business Bancorp (IBB) have signed a definitive merger agreement whereby Lizton will acquire IBB in a cash transaction.
First GREEN Bank establishes attorney banking department
First GREEN Bank has created a separate department and staff designated to providing specialised services to Florida’s legal community.
BIL taps Temenos as IT platform partner
Banque Internationale a Luxembourg (BIL) has selected Temenos to provide the software solutions for a major system transformation project, which will see Temenos banking solution suites used across the bank’s full operations in retail banking, private banking and corporate banking.
Abu Dhabi Global Market, Paris EUROPLACE sign MoU to support financial collaboration
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has inked a memorandum of understanding (MoU) with Paris EUROPLACE to foster collaboration on joint financial activities and support growth of financial industry in France and Abu Dhabi.