All articles by Verdict Staff
Verdict Staff
Berkshire Hills Bancorp to snap up First Choice Bank in $111.7m deal
Berkshire Hills Bancorp, the parent of Berkshire Bank, has agreed to acquire First Choice Bank in an all-stock deal worth about $111.7m.
Commercial Bank of Dubai launches digital initiatives
Commercial Bank of Dubai (CBD) has embarked on a digital transformation with a series of digital banking services.
Core banking vendor Nymbus acquires Sharp BancSystems
Cloud-based core banking provider Nymbus has snapped up Texas-based software provider Sharp BancSystems (SBS).
Millennials show lack of trust in high street banks: NeoPay
Half of customers in the millennial segment are reluctant to trust high street banks with transactions, according to a research by NeoPay.
Britain bids adieu to European Union
Britain has voted to exit the European Union in a referendum, sending global financial markets in a state of turmoil.
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ABN AMRO introduces WhatsApp payment app Tikkie in Netherlands
Dutch state-owned bank ABN AMRO has rolled out a new payment app Tikkie in the Netherlands that will allow consumers to send payment requests via WhatsApp.
Fiserv unveils new platform to deliver real-time alerts
Fintech provider Fiserv has launched a new platform, known as Notifi, which will allow financial providers to deliver real-time and actionable alerts.
TD Bank faces class action lawsuit over alleged use of inaccurate coin-counting machines
A class action lawsuit has been filed against Toronto-Dominion Bank (TD Bank) by users of the banks defective coin-counting machines in Canada.
BoE offers £250bn of financial support after Brexit
The Bank of England (BoE) has pledged £250bn for the UK economy after the Britain voted to leave the European Union (EU).
SBP unveils new framework for branchless banking agent acquisition and management
The State Bank of Pakistan (SBP) has released a framework for branchless banking agent acquisition as well as management of the country’s banks and microfinance banks.