All articles by Verdict Staff
Verdict Staff
33% of financial services firms fail to offer secure connection for all online payments
Nearly a third of financial services organizations fail to offer customers a secure channel for all their online payments, despite the fact that 50% believe online financial fraud is rising, according to a new report by Kaspersky Lab and B2B International.
How can high street banks ensure they are not made obsolete?
Richard Poole of Fluxx examines how banks can remain relevant in a constantly shifting marketplace. How can they adapt to suit their consumers needs with new combatants also entering the marketplace?
Deutsche Bank posts record loss of EUR6bn in Q3; announces massive overhaul
German banking major Deutsche Bank has posted a record net loss of EUR6bn for the third quarter of 2015 primarily due EUR5.8bn in non-cash charges for the reduced value of its investment bank and Postbank.
Mitsubishi UFJ Financial launches Islamic finance business in Dubai
Mitsubishi UFJ Financial Groups banking arm, the Bank of Tokyo-Mitsubishi UFJ (BTMU) has launched its Islamic finance business in Dubai to tap vast pools of liquidity in southeast Asia and the Gulf.
Emirates NBD retail, wealth arm sees marginal rise in nine-months income
The Retail Banking and Wealth Management (RBWM) division of Emirates NBD has posted an operating income of AED4.26bn for the nine months period ended 30 September 2015, a rise of 1.45% from AED4.2bn in the year ago period.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Dutch government to list ABN Amro as early as Q4
ABN Amro, which was bailed out by the Dutch government in 2008, is set to return to private hands possibly by the end of 2015.
Lloyds Banking Group pre-tax profit surges 27% in Q3
Lloyds Banking Group has reported a statutory profit before tax of £958m for the third quarter of 2015, up 27.5% compared to £751m in the year-ago quarter.
Scotiabank unveils Bulk Interac e-Transfer service for business banking clients
Canadian lender Scotiabank has joined forces with Interac Association/Acxsys Corporation to introduce the Bulk Interac e-Transfer service for business banking customers.
NAB lifts full year attributable net profit by 20%
National Australia Bank (NAB) has reported an attributable net profit of A$6.34bn for the full year ended 30 September 2015, an increase of 19.7% compared to A$5.29bn a year ago.
Moving to the digital interface requires a higher level of process monitoring
Having survived the financial crisis seven years ago, the UKs retail banking sector now faces a more long-term set of challenges.Dave Lewis, director of Alpha Insight, looks at the digital issues facing the retail banking industry in the United Kingdom and how banks can serve its digital-savvy consumers needs