All articles by Verdict Staff
Verdict Staff
National Bank of Canada takes majority stake in ABA Bank of Cambodia
National Bank of Canada has acquired a controlling stake in Advanced Bank of Asia (ABA Bank of Cambodia) for $103m.
ING Group net profit plunges 29% in Q1
Dutch banking major ING Group has reported underlying net profit of EUR842m in the first quarter of 2016, down 29.1% compared to EUR1.18bn a year ago.
Intesa SanPaolo income plunges 24% in Q1
Italian banking group Intesa SanPaolo has reported a net income of EUR806m for the first quarter of 2016, down 24.2% compared to EUR1.06bn in the year-ago quarter.
Bottomline Technologies collaborate with Barclays to launch mobile payment solution
Bottomline Technologies, a provider of cloud-based payment and digital banking solutions, has launched a mobile payment solution for the UK in partnership with Barclays.
Second Act Capital selects World Currency USA as partner on payments technology
Second Act Capital Partners, a bank and fintech advisory firm, and World Currency USA, a payments technology company, have teamed on bank-focused payments initiative.
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DBS and UOB partner fintech firms to boost SME funding in Singapore
Singaporean banks DBS Bank and United Overseas Bank (UOB) tie-up with fintech firms to target small- and medium-sized enterprises (SMEs).
Federal Bank, Transfast collaborate over cross-border remittance
Indian private sector lender Federal Bank has partnered with payment solutions provider Transfast Remittance for enabling online inward remittance to India from the US.
East West Banking to buy Standard Chartereds retail banking operations in Philippines
Philippines’ East West Banking has agreed to acquire the retail banking business of Standard Chartered Bank Philippines.
Barclays sells 12% stake in Barclays Africa for $874m
Barclays has raised ZAR13.05bn ($874m) by offloading its 12.2% stake in its African subsidiary Barclays Africa to institutional investors.
NCR, Huntington Technology partner to offer ATM lease financing
NCR Corporation has inked a strategic alliance agreement with Huntington Technology Finance to provide lease financing for NCR ATMs, including ATM-as-a-Service type options, for financial institutions.