All articles by Verdict Staff
Verdict Staff
B2 Group includes African banks to corporate treasury automation service
The B2 Group, a provider of financial systems integration solutions, has said that its automated banking platform for corporate cash and treasury management, known as Multi-Bank Integrator, will integrate with several African banks.
Triumph Bancorp to take over ColoEast Bankshares
Texas-based Triumph Bancorp has agreed to acquire Colorado-based ColoEast Bankshares, parent of Colorado East Bank & Trust, in an all-cash deal worth $70m.
Capital Local Area Bank secures first small finance bank license in India
Indias Capital Local Area Bank has received the final licence from the Reserve Bank of India (RBI) to start operations as the countrys first small finance bank.
Ugandas central bank offloads majority stake in Imperial Bank Uganda
The central bank of Uganda has sold a 58.6% stake in Imperial Bank Uganda to Tanzanias Exim Bank, ending its statutory management of the Ugandan bank.
BBVA snaps up Finish online banking start up
Spanish banking group BBVA has acquired Finish online business banking startup Holvi.
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LIC to increase stake in Indian Overseas Bank to 14.50%
Life Insurance Corporation of India (LIC) has agreed to increase its stake in state owned lender Indian Overseas Bank (IOB) to 14.50% from 10.21%.
Saudi Arabias Al Rajhi Bank to accept UnionPay cards
UnionPay International has joined forces with Saudi lender Al Rajhi Bank to allow acceptance of UnionPay cards in all ATMs and merchants of the bank.
Ahli United Bank launches banking operations in Dubai
Ahli United Bank Limited (AUBL), a subsidiary of Bahrain-based Ahli United Bank, has launched its banking operations in Dubai International Financial Centre (DIFC), UAE.
ING names new chief innovation officer and retail banking head
Dutch banking group ING has named Ignacio Juliá Vilar as its new chief innovation officer (CInO) and head of retail banking segment.
Lloyds teams up with Google on big data analytics project
Lloyds Banking Group has joined forces with Google on a project that will allow the British lender to gain deeper insight into its data sets to analyse customer behaviour.