All articles by Verdict Staff
Verdict Staff
JPMorgan net income drops 7% in Q1
JPMorgan Chase has reported a net income of $5.52bn for the first quarter of 2016, a fall of 6.7% compared to $5.91bn in the prior year.
Volante partners with Payfessional to make inroads into Turkey
Volante Technologies, a US-based financial data integration tools provider, has partnered with Turkey-based IT firm Payfessional, which will see its VolPay suite of payment integration and processing products delivered to the Turkish banking market.
Overwhelming majority of banks plan to deploy video banking services: Report
About 80% of banks plan to offer video-enabled banking services, while almost 93% expect the channel to boost customer satisfaction, according to a report by Efma and Vidyo.
Deutsche Bank halts expansion plans in North Carolina
Deutsche Bank has frozen hiring plans in North Carolina in response to a controversial state law that removes protections for gay people.
Eurisko Mobility rolls out new omnichannel banking solution
Eurisko Mobility, a mobile app development firm based in Lebanon, has pioneered the world’s first virtual reality enabled omnichannel banking solution.
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GE to float Czech banking operations
General Electric (GE) is planning to float shares of its Czech Republic retail banking business GE Money Bank on the Prague Stock Exchange.
Goldman Sachs to pay $5.06bn in fine over sale of shoddy mortgages
US banking major Goldman Sachs Group has agreed to pay $5.06bn to settle allegations that it sold risky residential mortgage-backed securities (RMBS) leading up to the financial meltdown.
ATM compromises in US rose 546% in 2015 over 2014: FICO
The number of ATMs in the US compromised by criminals surged six-fold (546%) in 2015 from 2014 to 2015, according to a report by analytic software firm FICO.
Bharti Airtel secures payment bank license from RBI
Bharti Airtels subsidiary Airtel M Commerce Services (AMSL) has secured a payment bank license from the Reserve Bank of India (RBI).
UKs Prudential Regulation Authority gets new CEO
The Bank of England (BoE) has appointed Sam Woods as deputy governor and CEO of the Prudential Regulation Authority (PRA).