All articles by Verdict Staff
Verdict Staff
Emirates NBD Egypt launches new priority banking proposition for affluent clients
Emirates NBD Egypt has introduced its new priority banking proposition offering innovative services in branches and through the different mobile and e-channels.
Majority of risk managers believe probability of high-impact event has increased: DTCC survey
Nearly 61% of risk managers at financial services firms believe that the probability of a high-impact event in the global financial system has increased during the past six months, according to a new Depository Trust & Clearing Corporation (DTCC) survey.
Scotiabank registers 28% surge in Q4 net income
Scotiabank has posted net income of C$1.84bn for the fourth quarter ended 31 October 2015, up 28% compared to C$1.43bn a year ago.
BankDhofar deploys double security system for card users
Omani lender BankDhofar has deployed a new double security system to facilitate activation of cards for customers travelling abroad.
Legacy Systems Still the Big Barrier to Banking Innovation
Outdated legacy IT systems are a major stumbling block for traditional UK high street banks as they look to fight back against their often more agile rivals, widely known as challenger banks, who unhindered by complex, unwieldy IT infrastructures are typically better positioned to innovate.
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Digital-only bank Tandem receives UK banking license
Tandem, a digital-only retail bank founded by Ricky Knox and Matt Coope, has been granted a banking license by the Bank of England.
FIS wraps up SunGard acquisition
FIS, a provider of banking and payments technology solutions, has completed the acquisition of financial software firm SunGard.
RBS to sell Russian subsidiary to Expobank
British banking giant Royal Bank of Scotland Group (RBS) has agreed to offload its Russian banking operations to local lender Expobank.
Absa, MTN collaborate on mobile banking
South African lender Absa has partnered with MTN to offer the subscribers of the telecom operator free access to its mobile and internet banking facilties.
Maybank partners with China UMS to tap Chinese card payments market
Malaysian lender Maybank has inked a memorandum of understanding (MoU) with China UnionPay Merchant Services (China UMS) to tap into China’s card payments market.