All articles by Verdict Staff

Verdict Staff

Promsvyazbank to merge with Pervobank

Russian lender Promsvyazbank is set to merge with Samara-based Pervobank amidst intensifying banking consolidation in the country due to a sluggish economy and high interest rates.

Barclays in talks to dispose retail business in Italy, Portugal -report

Barclays is in talks with potential buyers of its retail business in Italy and Portugal as part of its asset disposal programme, Sky News has reported.

Stanchart collaborates with Indosat to launch Straight2Bank Wallet in Indonesia

Standard Chartered Bank has collaborated with mobile operator Indosat to launch Straight2Bank Wallet payment service in Indonesia.

ICICI Bank looking to sell stake in housing finance arm for $700m

Indian private sector lender ICICI Bank is planning to sell stake in its housing finance unit, ICICI Home Finance Company to investors including private equity funds.

Credit Union of America selects Alkami to enhance digital banking service

Wichita, Kansas-based Credit Union of America (CUA) has selected Alkami Technology’s ORB Digital Banking Platform to improve its customers’ digital banking experience.

UK revamps tax regime for banks

The UK’s Chancellor of the Exchequer George Osborne has decided to slash levy banks pay on their balance sheets and replace it with an 8% surcharge on their profits, effective 1 January 2016.

Lloyds rolls out new online eligibility checker

Lloyds Banking Group is set to launch a new online tool that will allow customers to shop for a new current account quickly without affecting their credit file.

Yes Bank selects Taisys to bolster mobile banking business

Indian private sector lender Yes Bank has struck a strategic partnership with Taisys Technologies to boost its mobile banking business.

Major Greek banks may have to shut and merge with rivals-report

Some of the major Greek banks may have to close doors and merge with their rivals as part of the restructuring of the banking sector in midst of the country’s financial turmoil.

U.S. Bank selects Fiserv’s Biller Advantage billing and payment platform

U.S. Bank has selected Fiserv’s Biller Advantage, a multi-channel electronic billing and payment platform, to enable its business customers to provide electronic billing, presentment and payment (EBPP) options to their customers.