All articles by Verdict Staff
Verdict Staff
Access Bank selects NCR technology to improve ATM services
Nigeria-based lender Access Bank has selected NCR SelfServ ATMs to enhance speed of service and reduce ATM downtime.
First Midwest Bancorp wraps up acquisition of NB&T of Sycamore
Illinois-based First Midwest Bancorp, the parent of First Midwest Bank, has closed the acquisition of local rival NI Bancshares and The National Bank & Trust Company (NB&T) of Sycamore.
VTB Bank reports net profit of RUB1.7bn in 2015
VTB Bank has reported a net profit of RUB1.7bn ($24.9m) for the year ended 31 December 2015, a rise of 112.5% compared to RUB0.8bn ($11.7m) in the prior year.
UK government to launch subsidised life-time savings scheme
The government of UK has unveiled plans to launch a new life-time savings scheme in April 2017 that will allow people to save for their first home purchase and retirement.
Secure Trust Bank pre-tax profit surges 42% in 2015
Secure Trust Bank, Arbuthnot Banking Group’s retail banking unit, has posted a pre-tax profit of £25.17m for the year ended 31 December 2015, a jump of 41.7% compared to £17.75m a year ago.
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Bankers fear losing a quarter of revenue to fintech disruptors: PwC
Bankers are apprehensive that they could lose up to a quarter of their revenue over the next five years due to the rise of new financial technology (fintech) firms, according to a survey by PricewaterhouseCoopers (PwC).
Sweden’s Handelsbanken offloads MasterCard stake
Swedish lender Handelsbanken has sold its stake in US-based card issuer and payments firm MasterCard.
United Bank of Egypt taps Misys to upgrade banking infrastructure
The United Bank of Egypt (UBEG) has selected Misys, a provider of financial services software, to upgrade its core banking infrastructure as part of a modernisation project at its retail, SME and corporate businesses.
Raiffeisen Bank International swings to profit in 2015
Austrian lender Raiffeisen Bank International has reported a net profit of EUR379m for 2015, compared to a loss of EUR617m in the prior year.
Mondo selects Thames for debit card production & personalisation
British challenger bank Mondo has selected Thames Card Technology (TCT) to launch contactless debit cards coupled with personalisation technology.