All articles by Verdict Staff
Verdict Staff
Infosys Finacle, Payveris partner to offer payment solutions for US banks
Infosys Finacle, a subsidiary of Infosys and part of EdgeVerve, has partnered with Payveris, a US-based digital payments company, to provide integrated payment solutions to banks and credit unions across the US.
Sagicor Bank Jamaica launches new online banking platform
Sagicor Bank Jamaica has rolled out a new online banking platform, developed in collaboration with Swiss technology provider Temenos.
Goldman Sachs to take over GE Capital Bank’s online deposit platform
Goldman Sachs Bank USA has agreed to buy GE Capital Bank’s (GECB) online deposit platform having $16bn in deposits.
Emirates NBD rolls out mobile remittance service to India
Emirates NBD, a UAE-based banking group, has rolled out a new remittance service, called DirectRemit2 Mobile, that allows account holders to transfer funds to any mobile phone number in India.
Pioneer Bank to merge with First Community Bank
Pioneer Bank has signed a merger agreement with First Community Bank, which would create a retail and commercial financial services provider with about $1.1bn in assets.
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Yuanta Financial to acquire Ta Chong Bank for $1.7bn
Yuanta Financial Holding has agreed to purchase Taiwanese lender Ta Chong Bank in a cash-stock deal worth nearly NT$56.55bn ($1.7bn).
Citizens Financial Group fined for ignoring deposit discrepancies
Citizens Financial Group has been directed to pay about $20.5m in penalties and $11m in refunds by federal regulators for failing to credit full deposit amounts to their customers accounts.
Russian central bank revokes Probusinessbanks licence
The central bank of Russia has decided to withdraw the licence of Russian mid-sized lender Probusinessbank for failing to comply with minimum capital requirements, according to Reuters.
FIS to acquire SunGard for $9.1bn
FIS, a provider of banking and payments technology solutions, has agreed to buy US-based financial software firm SunGard in a cash-stock deal worth $9.1bn.
Wolters Kluwer rolls out HMDA resource portal
Wolters Kluwer Financial Services has launched an online resource centre to assist lenders on the Home Mortgage Disclosure Act final rule that is due to be enforced by mid-2015.