All articles by Verdict Staff
Verdict Staff
UK plans to launch new data sharing rules for banks
Britain is planning to introduce new data sharing rules for banks in an effort to boost competition in the sector.
Boubyan Bank selects Oberthur for contactless payment cards
Kuwait-based Boubyan Bank has selected French digital security firm Oberthur Technologies to provide contactless payment cards.
Bank of Queensland to slash jobs as part of restructuring
Bank of Queensland (BOQ) is set to axe jobs and automate some of its manual processes as part of an organisational restructuring aimed at reducing costs.
Bawag extends contract with Wincor Nixdorf
Austrias Bawag has extended its service contract with German IT provider Wincor Nixdorf, under which Wincor will carry out operations management of its software platform and management and the maintenance of its self-service systems for another five years.
Philippines President gives green light to Land Bank-DBP merger
The Filipino president has given the go-ahead to the merger of state run banks Land Bank of the Philippines and Development Bank of the Philippines (DBP), which will create the country’s second largest lender in terms of assets.
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Paytm to hire 3,000 for its payments bank
India-based mobile payment platform Paytm is set to hire about 3,000 employees for its new payment bank operations.
HSBC to pay $470m to settle mortgage lending allegations in US
HSBC has agreed to pay $470m to federal and state parties to settle allegations over abusive practices in its US mortgage lending, loan servicing, and foreclosure practices that contributed to the financial meltdown.
Intesa SanPaolos Q4 income plummets 73%
Italian banking group Intesa SanPaolo has reported a net income of EUR13m for the fourth quarter of 2015, a fall of 72.9% compared to EUR48m in the year-ago quarter.
Zenith Bank (UK) sets up presence in Dubai
Zenith Bank (UK) has set up its presence in Dubai with the launch of its first branch at the Dubai International Financial Centre (DIFC).
SunTrust Banks launches fintech business line
US-based SunTrust Bank has launched a new payments & technology industry specialty in commercial and business banking.