All articles by Verdict Staff

Verdict Staff

BCI gets Fed nod to purchase City National Bank of Florida

Chilean lender Banco de Credito e Inversiones (BCI), a subsidiary of Empresas Juan Yarur (EJY), has received the green light from the US Federal Reserve to acquire Miami-based City National Bank of Florida.

Digital banking startup Monese opens doors in the UK

Monese, a British digital banking service founded by Estonian Norris Koppel, has opened for business in the UK.

Celero extends agreement with Fiserv for account processing platform DNA

Celero, a provider of IT solutions to financial institutions across Canada, has extended an existing agreement with Fiserv for account processing platform DNA for seven more years.

ANZ expands China presence

Australian banking giant ANZ has expanded its footprint in China by launching a new branch in Qingdao, Shandong Province.

National Bank of Bahrain inks card acceptance deal with Chinamex

National Bank of Bahrain (NBB) has signed an agreement to enable card acceptance at all outlets of Dragon City Bahrain located at Diyar Al Muharram.

China’s CCB to buy controlling stake in Indonesian lender Windu

China Construction Bank (CCB) has agreed to purchase a controlling stake in Indonesian lender PT Bank Windu Kentjana International.

Metro Bank unveils mortgage switching portal

Metro Bank has introduced a new mortgage switching portal, specifically built for intermediaries to help customers switch mortgage deals online.

E.SUN Commercial Bank forays into Vietnam

Taiwan’s E.SUN Commercial Bank (E.SUN Bank) has opened its first branch in Vietnam in the southern province of Dong Nai.

Silverlake Axis to buy SunGard’s core banking unit in Singapore

Silverlake Axis, a Singapore-based provider of digital economy solutions and services, has agreed to acquire retail banking software firm SunGard Ambit (Singapore) for $12m.

Majority of US affluent middle class consumers expect greater recognition from retail banks: Study

Nearly two-thirds of affluent middle class consumers in the US expect greater rewards for their loyalty and expect more personalized communications and services, according to research from Collinson Group.