All articles by Verdict Staff
Verdict Staff
Deutsche Bank recruits new global compliance head
Deutsche Bank has appointed Pamela Root as its new global head of compliance and group chief compliance officer with effect from 6 June 2016, replacing Nadine Faruque.
Scotiabank to digitise various operations to support growth
Canadian lender Scotiabank has announced plans to implement digital innovation across all its customer touch points to boost operational efficiency.
FCA acting head to step down in July
Financial Conduct Authoritys (FCA) acting CEO Tracey McDermott will leave the organization when its new chief executive, Andrew Bailey, takes over on 1 July 2016.
HSBC Bank USA fined $35m over credit-monitoring product
The Office of the Comptroller of the Currency (OCC) has fined HSBC Bank USA $35m over credit-monitoring product and ordered the lender to make restitution to affected clients.
Chase Pay to galvanise US bank mobile wallet market
Unlike their Canadian counterparts, US banks have held back from launching own-brand mobile wallets for proximity payments. But the mid-2016 launch of Chase Pay may well force them to offer mobile wallets or risk losing customers to JPMorgan Chase. Robin Arnfield reports
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How can cognitive technology breathe new life into relationships between retail banks and their customers?
Retail banking is facing the deepest level of disruption in decades. Shifting customer needs and a generation of millennials resistant to traditional banking methods are challenging established models. Edwin van Bommel, chief cognitive officer at IPsoft, writes
Regulators reject bankruptcy plans of five major US banks
US bank regulators have determined that five major banks including JP Morgan Chase and Wells Fargo would not be able to withstand a financial collapse without a taxpayer bailout.
Nationwide adopts CA Technologies payment security suite
Nationwide, the UK’s largest mutual financial institution, has deployed CA Technologies payment security suite to improve security of cardholders during online transactions and minimise transaction abandonment.
FSS to provide payment solution to six Indian banks
FSS, an India-based payments technology and transaction processing company, has collaborated with six major banks to provide a new PSP solution, Unified Payment Interface (UPI).
PayToo, City National Bank of New Jersey partner to launch mobile wallet
Mobile wallet platform PayToo has signed a strategic partnership with City National Bank of New Jersey (CNB) to introduce mobile wallet for banked and unbanked consumers.