All articles by Verdict Staff
Verdict Staff
Russian banks create blockchain consortium
Russian banks and financial services firms have come together to create a national blockchain consortium.
ING, KBC collaborate to launch unified mobile payment platform in Belgium
ING and KBC have joined forces to launch a new integrated payment and loyalty solution in Belgium, which will combine ING’s payment app Payconiq with loyalty platforms Qustomer and KBC’s CityLife.
Fifth Third Bank selects Black Knight for mortgage loan and home equity origination solutions
Fifth Third Bank, a diversified financial services company headquartered in Cincinnati, Ohio, has selected Black Knight Financial Services’ full suite of mortgage loan and home equity origination solutions.
Hualing Group buys Societe Generale’s controlling stake in Georgia’s Bank Republic
Chinese conglomerate Hualing Group has signed an agreement to acquire Societe Generale’s majority stake in Bank Republic, its Georgian subsidiary.
On the money with digital: is your perception of digital flawed?
Digital banking is becoming synonymous with mobile banking services. However, going digital involves more than simply automating paper-intensive processes. Rahul Singh, president, financial services at HCL Technologies argues that the true value for bankers lies in re-evaluating the concept entirely
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Equitas Holdings receives RBI approval to launch small finance bank
Chennai-based Equitas Holdings has secured the final license from the Reserve Bank of India (RBI) to launch a small finance bank (SFB).
MUFG reorganises US units into single holding company
Japan’s Mitsubishi UFJ Financial Group (MUFG) has designated its US bank holding company MUFG Americas Holdings (MUAH) as its intermediate holding company (IHC) to comply with the US Federal Reserve Board’s final rules for Enhanced Prudential Standards (EPS Rules).
National Bank of Hungary completes sale of MKB Bank
The National Bank of Hungary (MNB) has completed the sale of MKB Bank to a consortium of three buyers for HUF37bn ($130.3m).
BNP Paribas sets up intermediate holding company in US
French banking group BNP Paribas has created an intermediate holding company (IHC) in the US to comply with new regulation that requires the bank to place all its controlled US units under a US holding company.
Danish banking collective taps Nets to launch NFC mobile wallet
Danish banking collective BOKIS partnership has chosen Nordic digital payments provider Nets to launch a new NFC mobile wallet solution.