All articles by Verdict Staff
Verdict Staff
SBI introduces mobile payment solution for offline transactions
State Bank of India (SBI) has introduced a mobile payment solution, known as mVisa, for offline transactions.
Bar Harbor Bankshares to buy Lake Sunapee Bank Group for $143m
Bar Harbor Bankshares has agreed to acquire Lake Sunapee Bank Group in an all-stock deal worth about $143m.
Investors Bancorp to snap up The Bank of Princeton for $154m
Investors Bancorp has agreed to acquire The Bank of Princeton in a stock-cash deal worth $154m.
NAB profit rises 6.5% to A$3.31bn in H1
National Australia Bank (NAB) has registered cash earnings of A$3.31bn for the first half ended 31 March 2016, up 6.5% compared to A$3.10bn a year ago.
Commerzbank profit plummets 52% in Q1
German lender Commerzbank has reported an attributable net profit of EUR163m for the first quarter of 2016, down 51.7% compared to EUR338m a year ago.
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Your Community Bankshares, WesBanco to merge in $221m deal
New Albany-based Your Community Bankshares has agreed to merge with and into WesBanco in a stock-cash deal worth about $221m.
Barclays to divest 12% stake in Barclays Africa
Barclays has announced plans to offload a 12.2% stake in Barclays Africa to institutional investors.
Accenture: Payments top fintech deals in Asia-Pacific
Fintech investment in the Asia-Pacific region more than quadrupled to $4.3bn in 2015, which accounts for 19% of global financial activity according to Accentures Fintech and the Evolving Landscape report.
Axis Bank introduces RuPay Platinum debit card
India-based private sector bank Axis Bank has rolled out its RuPay Platinum debit card in collaboration with the National Payments Corporation of India (NPCI).
PNC taps AxiomSL to meet regulatory reporting requirements
American lender PNC Financial Services has tapped AxiomSL’s platform to meet regulatory and risk management requirements.