All articles by Verdict Staff
Verdict Staff
Pinnacle-Avenue merger deal secure regulatory nod
Tennessee-based Pinnacle Financial Partners has secured the regulatory approval to merge with local rival Avenue Financial Holdings.
NABs innovation fund invests in Australian technology startup
NAB Ventures, the $50m innovation fund of National Australia Bank (NAB), has invested in Data Republic a Sydney-based technology firm founded by Paul McCarney and Danny Gilligan.
Alternative lenders unlikely to challenge traditional banks: Deloitte
Non-traditional lenders are unlikely to challenge the dominance of traditional banks over the next decade, according to a report by Deloitte.
Laurentian Bank of Canada opts for Temenos core banking platform
Laurentian Bank of Canada (LBC) has selected Temenos RetailSuite, including core banking platform and analytics and reporting solutions, to power its retail and commercial banking operations.
Debit cards to overtake cash to become UK’s most common form of payment by 2021
Debit cards will overtake cash to become the UK’s most frequently used payment method by 2021, according to a new report from Payments UK, the trade association for the payments industry.
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Germanys ??bank migrates to Avaloq core banking system
Frankfurt am Main-based ??bank, the European arm of Türkiye ?? Bankas?, has deployed the Avaloq Banking Suite as its new core banking system.
Nigerias Jaiz Bank secures national banking license
The Central Bank of Nigeria has granted Jaiz Bank a banking licence to offer Islamic banking services across the country.
Banco Popolare and Banca Popolare di Milano to axe 1,800 jobs
Italian lenders Banco Popolare and Banca Popolare di Milano, which are merging to create the countrys third largest bank, are set to axe 1,800 jobs and shut down numerous branches in a bid to boost profitability.
Simmons First National to snap up Citizens National Bank
Simmons First National has agreed to acquire Tennessee-based Citizens National Bank (CNB) in a cash-stock deal worth about $77m.
HSBC reshapes retail business in India
HSBC has decided to wind up nearly half of its retail branches in India following a strategic review of its Retail Banking and Wealth Management (RBWM) business in the country.