All articles by Verdict Staff
Verdict Staff
Community Bank System wraps up Oneida Financial acquisition
Community Bank System, the parent of Community Bank, has completed its merger with Oneida Financial and its banking subsidiaries, The Oneida Savings Bank and State Bank of Chittenango.
Secure Trust Bank to offload Everyday Loans Holdings to Non-Standard Finance
Secure Trust Bank, the retail banking unit of Arbuthnot Banking Group, has agreed to sell its branch-based non-standard consumer lending arm Everyday Loans Holdings to Non-Standard Finance (NSF) for £127m.
SAP unveils real time platform to help banks digitise business
SAP has introduced real time platform- Banking services 9.0- to help banks digitise their core business and consolidate transactional and analytical processes on one platform.
BBVA gets approval to open first branch office in mainland China
Spanish lender BBVA has secured the green light from the China Banking Regulatory Commission (CBRC) to open a branch office in Shanghai.
Deutsche Bank enhances online customer authentication with SWIFT’s 3SKey service
Deutsche Bank’s global transaction banking unit has implemented SWIFT’s 3SKey service to offer a single token for customer authentication on the bank’s Autobahn App Market that provides direct online access to bank-wide services in a single location.
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First Busey to buy Pulaski Financial for $210.7m
First Busey, the holding company for Busey Bank, has agreed to acquire Pulaski Financial, the holding company for Pulaski Bank, National Association, in a stock transaction worth about $210.7m.
ANB rolls out petty cash card in Saudi Arabia
Saudi Arabia-based lender ANB has introduced petty cash card, known as Cash Express, in the country.
ANZ Bank NZ unveils digital wallet for Android users
ANZ Bank NZ is rolling out its own digital wallet that will allow customers to make contactless payments through their Android smartphones.
Umpqua Holdings launches new subsidiary to support banking innovation
Umpqua Bank parent Umpqua Holdings has set up a new subsidiary for developing and testing new disruptive technologies that could significantly affect banking experience.
TD Bank’s Canadian retail arm sees 14.7% rise in Q4 net income
TD Bank Group’s Canadian retail unit has registered a net income of C$1.5bn in the fourth quarter of 2015, up 14.7% from C$ 1.3bn a year ago.