All articles by Verdict Staff

Verdict Staff

CIMB Group, PLDT partner to offer digital financial services

Malaysian financial services provider CIMB Group has joined forces with PHILIPPINE Long Distance Telephone (PLDT) to provide digital financial services and solutions across the Philippines and Southeast Asia.

HID Global offers push notification authentication to prevent mobile banking fraud

HID Global, a manufacturer of secure identity solutions, has enhanced its ActivID authentication offering for digital banking with a push notification solution to prevent mobile banking fraud.

Wells Fargo names Tim Sloan as president and COO

Wells Fargo & Company has appointed Timothy Sloan as new president and chief operating officer to oversee business operations.

UniCredit to offload 3.2% stake in Bank of Italy for EUR240m

Italian banking major UniCredit has agreed to sell a 3.2% stake in Bank of Italy for about EUR240m.

Frequent bank branch visitors more likely to switch banks: Report

Customers who visit bank branches for basic transactions are three-times more likely to switch banks as against those who rarely visit branches, according to the sixth annual report on consumer banking behaviours by Bain & Company.

Intesa Sanpaolo to offload 5.7% stake in Bank of Italy for EUR430m

Italian banking group Intesa Sanpaolo has agreed to sell a 5.7% stake in the Bank of Italy at a nominal value of nearly EUR430m ($459m).

Barclays to bring start up community Rise to UK to support fintech innovation

Barclays has unveiled plans to bring its physical and virtual global start up community, Rise, to the UK by re-branding its Escalator hubs in London and Manchester.

Fintech firms consider regulatory obstacles as biggest impediment to growth in 2016: Survey

Regulatory issues are seen as the biggest hurdle to success over the next year by fintech founders and investors, according to a survey by Silicon Valley Bank.

Banque Internationale à Luxembourg selects SunGard’s credit management solution

Private bank Banque Internationale à Luxembourg (BIL) has selected SunGard’s Ambit credit management solution to help drive digital banking strategy.

Deutsche Bank awards application development contract to HCL Technologies

German banking giant Deutsche Bank has awarded an application development and maintenance contract to Indian IT services firm HCL Technologies. The financial details of the deal were not disclosed.