All articles by Verdict Staff

Verdict Staff

UK government to launch £2bn Lloyds retail share sale in early 2016

The UK government has unveiled plans to sell at least £2bn ($3.04bn) worth of shares in Lloyds Banking Group to retail investors in early 2016 as part of a strategy to return the bank to full private ownership.

Canadians open to trying new banking or payment technology: CIBC survey

Majority of Canadians are open to trying new banking or payment technology, however their willingness varies across age groups, according to a survey conducted by Canadian Imperial Bank of Commerce (CIBC).

Banco Sabadell buys stake worth $50m in Colombian lender

Spanish lender Banco Sabadell has purchased a 4.99% stake in Colombian bank GNB Sudameris for $50m.

RBC launches voice biometrics technology

Royal Bank of Canada has launched voice biometrics technology that can identify clients who phone the bank’s call centres within seconds.

Getting out of the innovation hole – how do banks stimulate change?

Innovation. It’s the Holy Grail in banking isn’t it? The golden egg that everyone is set on chasing and understandably so.

Mashreq launches instant remittance service to India

Mashreq, a UAE-based financial institution, has launched a new 24/7 money transfer service enabling clients to transfer fund from their mobile phones to beneficiary in India.

BNP Paribas to pilot cards with OT’s dynamic security code solution

French lender BNP Paribas is trialling Oberthur Technologies’ OT MOTION CODE dynamic security code solution, which replaces the three-digit static code located on the back of the card that is used to confirm online payments.

TD Bank Group, Nordstrom complete transaction of credit card relationship

TD Bank Group has purchased Nordstrom’s existing US Visa and private label consumer credit card portfolio.

Westpac introduces tech platform for home buyers

Australian lender Westpac has launched a new platform that leverages customer data to deliver personalised information in real-time to home buying customers.

Nedbank selects Volante to upgrade payment infrastructure

South Africa-based Nedbank has selected Volante Technologies’ VolPay Foundation platform to modernize its payment infrastructure to support new services and newly mandated instruments including Authenticated Collections in South Africa.