All articles by Verdict Staff

Verdict Staff

ANZ signs A$450m deal with IBM to drive regional Asian strategy

ANZ Bank has signed a new five-year A$450m deal with tech giant IBM to better respond and adapt more quickly to the changing financial landscape.

RBI designates SBI, ICICI as too big to fail banks

The Reserve Bank of India (RBI) has identified the State Bank of India (SBI) and ICICI Bank as Domestic Systemically Important Banks (D-SIBs), or too big to fail banks.

IT glitch at HSBC affects thousands of payments

An IT glitch at HSBC prevented some of its business customers from making payments, in turn preventing thousands of Britons from receiving their wages.

First Internet Bank joins Wolters Kluwer’s indirect loan origination platform

Online banking services provider First Internet Bank has joined the Wolters Kluwer Financial Services’ AppOne indirect loan origination platform.

CaixaBank broadens its mobile payment service range

CaixaBank has expanded the range of its mobile payment service with the launch of CaixaBank Pay, a new app for any NFC-enabled or android devices.

Scotiabank’s Q3 net income dips 21%

Scotiabank has posted a net income of C$1.85bn for the third quarter of 2015, a fall of 21.43% compared to C$2.35bn in the year ago quarter.

Almost four in ten say they won’t need cash in ten years time: Lloyds Bank survey

Almost four in ten people believe they won’t need cash in the near future as they increasingly turn to cards, contactless payments and other new technologies, according to a latest research from Lloyds Bank on the future of payments.

EMP launches instant card issuing service for banks

Emerging Markets Payments (EMP), an electronic payments processing company in Africa and the Middle East, has introduced its Instant Issuing Service that allows banks to issue customers with cards in-branch instantly.

BPI to assume full ownership of mobile-based savings bank BanKO

The Bank of the Philippine Islands (BPI) is set to assume full ownership of BPI Globe BanKO (BanKO), a mobile-based savings bank which is a joint venture between Ayala, Globe Telecom and BPI.

African Bank gets regulatory approval to set up Good Bank

African Bank, which was placed under curatorship in 2014 following its collapse, has received approval from the SA Reserve Bank (Sarb) and the Financial Services Board (FSB) to set up a new “Good Bank” with its remaining uncontaminated assets.