All articles by Verdict Staff
Verdict Staff
National Bank of Canada acquires 9.5% stake in AfrAsia Bank
The National Bank of Canada (NBC) has snapped a 9.5% stake in AfrAsia Bank Limited (ABL), the major shareholder in AfrAsia Bank Zimbabwe.
Hellenic Bank introduces contactless pre-paid card
The Cyprus-based lender Hellenic Bank has launched a new, contactless pre-paid card, named P card Contactless to provide its clients with enhanced flexibility for completing everyday transactions.
Hana Bank & KEB merge Chinese subsidiaries
Hana Bank and Korea Exchange Bank (KEB) have completed the merger of their Chinese subsidiaries.
Credit where credit is due: UK banks lead the way with basic accounts promo
It is rather agreeable to end the year on a positive note and flag up one area where the UK banks can deservedly claim to be leading the way: I talk of financial inclusion in general and basic accounts in particular writes Douglas Blakey
Axis Bank introduces fixed rate home loan scheme
Axis Bank, an Indian private sector bank, has launched a 20-year fixed-rate home loan scheme called ‘Nishchint’ for affordable housing customers.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Renasant Corporation to acquire Heritage Financial Group
Renasant Corporation has signed a definitive merger agreement with Heritage Financial Group to acquire the bank holding company headquartered in Albany, in an all-stock merger.
Westpac rolls out digital banking solution for business customers
Sydney-based lender, Westpac has launched Westpac Live, a new digital banking platform, to enrich business banking experience for its small business customers.
Banks moving too slowly in embracing new technology: SAP study
Despite increased regulatory pressures for banks to update their IT infrastructure, banks remain largely focused on short-term success and are moving at a very slow pace in adopting new technologies for financial transactions, according to a report published by SAP.
Standard Chartered signs multi-year agreement with Earthport
Standard Chartered has signed a multi-year agreement with Earthport, a cross-border payments services provider, to extend its International Automated Clearing House (IACH) reach across 50 markets.
Discover Financial Services to spend $35m on chip cards
Discover Financial Services is set to spend over $35m in 2015 on new credit cards containing computer chip to combat fraud.