All articles by Verdict Staff
Verdict Staff
Westpac, DBS sign ATM sharing agreement
Singapores DBS Bank and Australian lender Westpac have entered into an agreement to facilitate mutual sharing of their ATM networks in their respective home markets.
StanChart not to sell stake in Indonesian bank
British lender Standard Chartered has no intention to sell its 45% stake in Indonesia’s Bank Permata, said the banks Southeast Asia head.
China paves way for foreign bank-card processing firms
China is set to open up its market for clearing domestic bank card transactions paving the way for foreign players such as Visa and MasterCard to venture into the region.
HSBC may move headquarters from London, signals bank’s chairman
British banking giant HSBC may consider moving its headquarters from London after the regulatory environment becomes clearer, observed the bank’s chairman Douglas Flint.
ICICI Bank launches NFC-enabled banking service
ICICI Bank, an Indian private sector bank, has partnered with Tech Mahindra to launch a contactless banking service named Tap n Pay.
Vietnam to raise foreign ownership cap in banks
The Vietnamese government is planning to amend rules to raise the ownership ceiling for foreign investors in Vietnamese banks, the countrys Prime Minister Nguyen Tan Dung was quoted as saying in a statement.
CIB to bid for Citis retail portfolio in Egypt
Egypt’s Commercial International Bank (CIB) has decided to submit a binding offer to acquire Citigroup’s retail portfolio in Egypt.
Britons to send £12.8bn a week via digital banking by 2020: Fiserv study
New research on changing trends in the UK banking sector and impact of digitalisation on consumers’ banking behaviour has revealed that digital banking transactions are set to be totaling to £12.8bn per week by 2020.
Digital Banking and the Big Bang Theory
Martin Dempsey argues that it is time for banks to promote transformational digital change. The consequences of failing to assess what customers want now and in 10 years time do not bear thinking about
NBK enters into protocol agreement with KCB for electronic payments
National Bank of Kuwait (NBK) has entered into a protocol agreement with Kuwait Credit Bank (KCB) to facilitate banking transactions for its customers that benefit from KCB services.