All articles by Verdict Staff
Verdict Staff
BMO Financials Canadian P&C arm sees 6% rise in Q3 net income
The Canadian personal and commercial banking (P&C) division of BMO Financial Group has posted a net income of C$556m for the third quarter of 2015, a rise of C$31m or 6% compared to the year ago period.
BankMobile launches new technology division
BankMobile, the first no-fee online and mobile bank in the US, has launched a new technology unit known as BankMobile Technologies.
InfrasoftTech rolls out new digital banking platform for contactless payments
InfrasoftTech, an India-based financial technology firm, has launched digital banking solution QRys for contactless payments.
The missing link: How technology can help banks navigate the evolving regulatory landscape
The retail banking industry is evolving at an exponential rate. From growing customer expectations and and shifting demographics to increasing regulatory requirements and disruptive technology, the forces reshaping the industry are coming from all sides, argues Donald Ross
OneSavings Bank pre-tax profit surges 60% in H1
OneSavings Bank, a UK-based specialist lending and retail savings group, has posted an underlying pre-tax profit of £47.6m for the first half of 2015, a surge of 60% compared to £29.7m a year earlier.
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Four foreign banks seek RBI approval to set up subsidiaries in India
The Reserve Bank of India (RBI) has received applications from four foreign banks to set up wholly-owned subsidiaries in India.
DBS Bank to soft launch mobile banking in India
Singapore-based DBS Bank is set to soft launch its digital/mobile online banking in India this week, the bank’s CEO Piyush Gupta told news agency PTI.
Kenyan central bank orders liquidation of Dubai Bank
The Central Bank of Kenya (CBK) has ordered the closure of Dubai Bank for defying regulations and failing to pay debtors.
FIS launches financial inclusion lab in India
FIS, provider of banking and payments technology solutions, has launched a financial inclusion lab in Bengaluru, India, to develop new ways to drive banking reach.
Yuanta Bank to take over Hanshin Savings Bank
Taiwan-based Yuanta Bank has agreed to buy South Koreas Hanshin Savings Bank for KRW135.1bn ($112m).