All articles by Verdict Staff
Verdict Staff
Israel to open up banking sector; asks top banks to sell credit card businesses
Israel’s government banking-reform committee has submitted final recommendations which pave the way for creation of new banks in the country.
Seamless partners with UK payments network GoCardless
Swedish m-commerce software firm Seamless has announced partnership with the UK-based payment network GoCardless.
Barclays completes sale of pensions assets in Spain
Barclays Bank has wrapped up the sale and transfer of its Spanish pension assets and liabilities to a member of Caixa Group.
US businesses expect their investment in innovation to increase: BMO Harris Bank survey
Business owners and executives in the US expect to continue to invest heavily in innovation, with a full 97% of respondents expecting their investment in innovation either to increase (53%) or stay the same, according to a study conducted by BMO Harris Bank.
British Bankers Association to merge with other industry bodies
Members of British Bankers Association (BBA) have voted for the merger of the organisation with three other trade bodies to form a new trade association for the UKs finance sector.
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Banco Original deploys OpenLink’s treasury management technology
Brazil-based digital bank Banco Original has implemented cross-asset and treasury solution from OpenLink.
Citi warns of organisational restructuring of UK business in event of Brexit
Citi has warned its UK staff that it may be forced to move operations out of its hubs in London and Belfast if Britain chooses to leave the European Union.
Britons’ card spending up 10% in 2015
Britons spent £660bn on debit and credit card purchases in 2015, an increase of 10% compared to £602.3bn in 2014, according to a report by the UK Cards Association.
Paragon Application Systems rolls out VirtualATM simulator
Paragon Application Systems, a testing services provider for the financial services industry, has launched a simulator that will reduce the dependency on physical ATMs and manual processes in the testing environment.
TSB to close 25 branches; invest in digital offerings
Challenger bank TSB has announced plans to shut down 25 less well used branches, and instead invest £250m in the busier branches and digital offerings.