All articles by Verdict Staff
Verdict Staff
Digital disruption still moving at slow pace in British banking sector: Survey
The much hyped digital disruption is taking place at a much slower pace in the UK banking sector than reports and commentators have suggested, and consumers are still in the early days of embracing and encouraging change, according to a survey report published YouGov and ACI Worldwide.
Scotiabank may be reviewing its $2.4-billion holding in Thanachart Bank
Bank of Nova Scotia is purported to be reviewing its 49-percent stake in Thanachart Bank eight years after it first invested in the Thai bank which could result in a partial or complete exit of the investment.
Some more highlights for 2015 and predictions for 2016
Experts give their opinions on the highlights of the past year and the financial trends that they think we will see in 2016…
Atom selects Daon for mobile biometric authentication solution
UK start-up bank Atom, which is due to launch in 2016, has selected Daons mobile biometric authentication platform IdentityX.
Banks to raise spending on payments technology: Ovum
Almost two in three (61%) banks globally will significantly increase their spending on payment technology in 2016, according to a new report from technology firm Ovum. This is up significantly on 2015, when just over half (52%) increased their IT expenditure on payment technology.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Fitchs 2016 outlook positive for Philippine banks
The Philippine banking sector is the only one in the Asia-Pacific region that registered a positive outlook for 2016 from Fitch Ratings.
Meezan Bank inks MoU with LUMS to promote Islamic banking
Pakistan’s Islamic bank Meezan Bank has inked a memorandum of understanding (MoU) with Lahore University of Management Sciences (LUMS) to foster the learning and development of Islamic Banking and finance across the country.
Stable outlook for Malaysian banks, but Fitch remains cautious
Due to greater pressure on earnings and asset quality, Fitch Ratings has revised the 2016 outlook for Malaysian banks to negative. It highlighted that risks to the countrys gross domestic product (GDP) growth include persistently low commodity prices, weak external demand and lacklustre domestic sentiment.
Bank Nizwa, MasterCard partner to unveil Shari’ah-compliant credit cards
Omani lender Bank Nizwa has teamed up with MasterCard to introduce a new range of credit cards that are Shariah-compliant.
2015: all in all, a pretty decent year
First of all the positives: it has been an outstanding year for the challenger bank community.