All articles by Verdict Staff

Verdict Staff

National Bank of Canada Q2 net income plummets 48%

National Bank of Canada has reported a net income of C$210m for the second quarter of fiscal 2016, down 48% from C$404m in the year-ago quarter.

Emirates NBD unveils $136m investment plan to boost digital innovation

Emirates NBD has unveiled plans to invest AED500m ($136 million) over the next three years to enhance its digital capabilities.

Scotiabank adds Apple Pay support to its customers in Canada

Canadian lender Scotiabank has added Apple Pay support for its debit and credit card customers in the country.

ING Belgium, Zervant sign software licensing deal

ING Belgium, a unit of Dutch banking group ING, has inked a software licensing deal with Finnish fintech startup Zervant.

Intel, The Floor collaborate to launch fintech lab in Israel

Technology giant Intel has joined forces with Tel Aviv-based fintech hub The Floor to launch a fintech innovation lab in Israel.

Scotiabank income dips 12% to C$1.58bn in Q2

Scotiabank has posted a net income of C$1.58bn for the second quarter of fiscal 2016, a decrease of 11.8% compared to C$1.79bn a year ago.

Yes Bank partners with Click&Pay to facilitate cashless transactions

Yes Bank, a private sector lender in India, has selected online payment solutions startup Click&pay to facilitate cashless, secure and flexible transactions for clients.

Bulgaria’s central bank gives green light to sale of TBI Bank

Bulgaria’s central bank has given the go-ahead to Luxembourg-registered consumer lending group 4finance Holding to indirectly take over Bulgarian small financial institution TBI Bank.

Samsung Pay gets Citibank support in Singapore

Samsung Electronics has partnered with Citibank to drive adoption of its mobile wallet service Samsung Pay in Singapore.

UOB to lift transaction limit for mobile contactless payments in Singapore

Singapore-based United Overseas Bank (UOB) is set to lift the S$100 ($72.40) transaction limit for mobile contactless payments at all of its point-of-sale (POS) terminals islandwide.