All articles by Verdict Staff

Verdict Staff

Printec, Inetco collaborate to offer banks on-demand transaction data

Printec Group, a transaction automation solutions provider, and INETCO Systems, a banking analytics software solutions provider, have teamed up to offer banks in Central and Eastern Europe on-demand access to rich customer transaction data.

Lloyds Bank testing mobile cheque payment solution-report

Lloyds Banking Group has reportedly launched a pilot scheme to test a mobile cheque payments solution, which will let customers pay in cheques through their mobile banking app.

China’s Pudong Bank to acquire Shanghai Trust for $2.6bn

Shanghai Pudong Development Bank is planning to acquire 97.3% stake in Chinese investment firm Shanghai International Trust for CNY16.4bn ($2.6bn).

HSBC CEO says Mexican unit not for sale

British banking giant HSBC is not considering a sale of its business in Mexico, the bank’s CEO Stuart Gulliver told Mexican newspaper Reforma.

Citi likely to sell Hungarian retail business to Erste Group

Citigroup is close to a deal to sell its Hungarian retail banking business to Austrian lender Erste Group, according to a Reuters report.

Ameris Bancorp buys 18 Bank of America branches in Georgia and Florida

Ameris Bancorp, the parent company of Ameris Bank, has acquired 18 Bank of America (BofA) banking offices across southern Georgia and northern Florida.

Mediterranean Bank expands to Belgium

Malta-based Mediterranean Bank has branched out into Belgium by converting its local online branch into a licensed credit institution.

Mashreq Qatar introduces smart banking branch in Doha

Mashreq Qatar has opened its first technology enabled branch, E Cube, in Doha that will offer smart banking services to customers, using interactive electronic devices.

Mobile banking now most popular banking method in UK: BBA

Britons are using smartphone and tablet as the primary method to manage their banking transactions, resulting in mobile banking overtaking branches and the internet as the most popular way to bank.

Bahrain’s ABC frontrunner to buy HSBC’s operations in Turkey-report

British banking giant HSBC is reportedly in detailed talks with Bahrain’s Arab Banking Corporation (ABC) over the sale of its Turkish business.