All articles by Verdict Staff

Verdict Staff

Auswide Bank takes 20% stake in P2P lender MoneyPlace

Auswide Bank has signed a deal with Australian peer-to-peer (P2P) lending startup MoneyPlace that will offer the bank a 20% equity stake in the P2P startup.

BB&T’s $1.8bn acquisition of National Penn Bancshares receives shareholder approval

The acquisition of National Penn Bancshares (National Penn) by North Carolina-based BB&T has received the go-ahead from National Penn shareholders.

The Digital Banking Club: “We have only seen about 5-10% of what digital banking can actually be”

The final Digital Banking Club debate of 2015, hosted in London, featured panellists from both established and challenger banks, as they discussed where digital would take the financial sector and if institutions are doing enough to fully realise digital’s potential. Alexander Atkins writes

UniCredit announces restructuring of Austrian retail unit

Italian banking group UniCredit has announced restructuring of its Austrian retail business that is expected to reduce the unit’s costs by EUR300m by 2018.

Fubon Bank (Hong Kong) opts for Finacle core banking solution

Fubon Bank (Hong Kong) has chosen Infosys Finacle’s Finacle Core Banking solution to enhance operational efficiency and support innovation.

RBS to launch trade sale of Williams & Glyn business

Royal Bank of Scotland Group (RBS) is set to launch a trade sale of its Williams & Glyn retail banking arm after receiving various informal approaches for the business.

ABN AMRO, Tink partner to launch budgeting app

Dutch lender ABN AMRO has joined forces with Swedish startup Tink to launch a new personal financial management app.

What lies in store for the banking sector in 2016?

The retail banking industry is changing faster than ever. As banks continued to get to grips with online and digital solutions, new technologies such as biometrics and blockchain reared their heads. However, what will take the finance world by storm next year? Some experts in the field give their opinion

Visa debuts token service in Asia Pacific in collaboration with UOB

Visa has teamed up with Singapore’s United Overseas Bank (UOB) to offer its token service in Asia Pacific for the first time.

DBS Bank unveils learning centre to nurture talent for Singapore’s finance industry

DBS Bank has launched its new learning, centre called DBS Academy, to train talent for Singapore’s finance industry.