All articles by Verdict Staff
Verdict Staff
BMO Financial Canadian P&C division records 5% rise in Q1 income
The Canadian personal and commercial banking (P&C) arm of BMO Financial Group has posted a net income of C$529m in the first quarter of 2016, up 5% compared to the prior year quarter.
Instalment loan provider MYJAR secures FCA authorisation
UK-based short-term instalment loan provider MYJAR has secured full authorisation from UK’s Financial Conduct Authority (FCA).
StanChart retail banking arm reports 7% decline in annual operating income
The retail banking arm of Standard Chartered (StanChart) has posted an operating income of $5.58bn for the year 2015, down 7% compared to $6.01bn in 2014.
HSBC to continue operations in Turkey
Banking giant HSBC has scrapped plans for a sale of its Turkish subsidiary and instead decided to restructure the business.
RBI revokes registration of 26 NBFCs
The Reserve Bank of India (RBI) has cancelled the certificate of registration of 26 non-banking financial companies (NBFCs).
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Elevate UK secures full authorisation from FCA
Elevate Credit International (Elevate UK), the UK subsidiary of online credit solutions provider Elevate Credit, has received full authorisation from the Financial Conduct Authority (FCA).
Alior Bank Polish selects additional IBM MobileFirst for iOS apps
Polish lender Alior Bank has selected additional three new IBM MobileFirst for iOS apps to help advisors better serve its clients.
Wincor Nixdorf, Mahindra Comviva partner to enable NFC cash withdrawals at ATM
German IT provider Wincor Nixdorf has teamed up with Indian mobility solution provider Mahindra Comviva to enable NFC and QR Code based transactions at the ATM.
ABNL, Idea Cellular form JV for new payments bank
Aditya Birla Nuvo (ABNL) has created a joint venture with group firm Idea Cellular to establish a new payments bank in India.
Aman Bank goes live on Oracle core banking platform
Fintech provider JMR Infotech has implemented a new comprehensive core banking suite from Oracle FSS at Libyas Aman Bank.