All articles by Verdict Staff
Verdict Staff
China Merchants Bank adopts NXP’s mobile payment solution
China Merchants Bank (CMB) has adopted mobile payment solution of NXP Semiconductors, the international secure connection solution provider, for its latest financial product ‘All in One Mobile’.
DCB Bank, iKaaz to launch NFC payment solution in India
Indian private sector lender DCB Bank has entered into a strategic partnership with iKaaz, a mobile payment start-up company, to launch Near Field Communications (NFC) based tap and pay mobile payment service in India.
Russian Central Bank bails out Trust bank
Russias Central Bank is bailing out Moscow-based Trust Bank, in a bid to rescue it from insolvency.
Al Ahli Bank of Kuwait inks deal with Al Soor for consumer vehicle portfolio
Al Ahli Bank of Kuwait (ABK) has inked a deal with Al Soor Financing & Leasing Company to acquire parts of its consumer vehicle portfolio.
HDFC re-launches fixed interest rate home loan, reduces deposit rates
HDFC has re-launched its fixed interest rate home loan product, in an effort to lure customers.
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Atlas Mara raises stake in Union Bank of Nigeria to 29.9%
Investment firm Atlas Mara Co-Nvest (Atlas Mara) has raised its stake in Union Bank of Nigeria (UBN) to 29.9%.
China eases rules on foreign bank branch openings
The State Council of China has unveiled a new set of rules which will make it easier for foreign banks to open branches and enter renminbi business in China.
Deutsche Bank mulls sale of Postbank retail division
Germanys Deutsche Bank is set to review its strategy and profit targets next year and is considering a sale of its Postbank-branded retail unit.
The Payments Quantum Leap Presaged by ApplePay and the lessons to learn
Every few years, advancements in banking technology significantly disrupt the industry, writes Tony Virdi. Apple Pay is just the latest
Westpac to retreat from global remittance business
Australian lender Westpac is set to quit the global remittance business by March 31, reports Reuters.