All articles by Verdict Staff

Verdict Staff

HSBC joins NETS payment network

HSBC has joined NETS payment network that will allow its debit cardholders to make NETS payments at 87,000 acceptance points across Singapore from 23 June 2015.

Home BancShares to buy Florida Business BancGroup in $101.6m deal

Home BancShares, the parent company of Centennial Bank, has signed a definitive agreement to acquire Florida Business BancGroup (FBBI), the parent company of Bay Cities Bank.

Sharjah Islamic Bank taps Infosys to enhance channel banking services

Sharjah Islamic Bank (SIB) has selected Indian IT major Infosys’ Finacle e-Banking and Mobile Banking solutions to offer enhanced channel banking services to its customers.

Citigroup to move EU retail banking base to Dublin

American banking giant Citigroup is planning to shift its European retail banking headquarter to Dublin from London.

Internet-only bank Atom looking to partner with high street lender

UK’s internet-only bank Atom is reportedly looking to strike a deal with a high street lender to enable customers to deposit cheques at a bank branch.

Societe Generale buys CaixaBank’s remaining stake in Boursorama

French banking group Societe Generale has acquired Spanish lender CaixaBank’s 20.5% stake in the French online bank Boursorama.

Caixabank abandons takeover bid for Banco BPI

Spanish lender Caixabank has dropped a takeover bid for Portugal lender Banco BPI, paving the way for the Portuguese lender to initiate talks with Banco Comercial Português on a possible merger.

BluePay wraps up ACH integrations with U.S. Bank and Wells Fargo

BluePay, a payment gateway processor, has completed ACH (automated clearing house) integrations with U.S. Bank and Wells Fargo.

RBS to invest £150m per year to improve resilience of its IT systems

State-backed Royal Bank of Scotland (RBS) is planning to invest around £150m a year to improve the resilience of its IT systems after a recent technical glitch delayed nearly 600,000 transactions.

China allows BoCom to diversify its shareholder structure

China’s State Council has approved Bank of Communications’ (BoCom) reform plan to optimize its ownership structure through the introduction of private shareholders and an employee stock ownership plan.