All articles by Verdict Staff
Verdict Staff
MoneyGram inks remittances deal with Bank of South Pacific
MoneyGram, a provider of money transfer and payment services, has inked a new agreement with Bank of South Pacific that will allow customers in Samoa and Tonga to receive cross-border remittances.
Raiffeisenbank to acquire Citibank Czech’s retail banking arm
Raiffeisenbank, the Czech subsidiary of Raiffeisen Bank International, has agreed to purchase Citibanks retail banking and card businesses in the Czech Republic.
A Call to Arms
Top executives must win over the naysayers and drive change so that banks can deliver 21st century solutions to 21st century customers, says David Arnott
Heartland Financial USA wraps up First Scottsdale Bank acquisition
Heartland Financial USA has completed the acquisition of First Scottsdale Bank, National Association, in Scottsdale, Arizona in an all-cash transaction worth nearly $17.7m.
National Commercial Bank chooses Microland as IT infrastructure services partner
Saudi lender National Commercial Bank (NCB) has selected Microland as its IT infrastructure services partner for managing its branch technology services throughout Saudi Arabia.
DBS Group to wind down Islamic banking arm
Singaporean lender DBS Group is set to wind down its Singapore-based Islamic banking joint venture after it failed to achieve economies of scale.
Barclays removes Jamaicans from its client rolls
Barclays (UK) has closed accounts of account holders with Jamaican addresses in a bid to lower risk and shore up core operations.
Paytm to launch Indias payments bank in 2016
Mobile wallet company Paytm is planning to launch Indias first payments bank around April-May 2016.
Axis Bank unveils new mobile app to boost payment banking
Axis Bank, Indias third largest private sector bank, has launched a new mobile app called Lime which integrates a mobile wallet, shopping, payments and banking.
Bear State Financial gets regulatory approval to buy Metropolitan National Bank
Bear State Financial, the parent of Bear State Bank, has secured the regulatory nod to acquire Metropolitan National Bank.