All articles by Verdict Staff

Verdict Staff

Malaysia’s Hong Leong Bank further upgrades its digital brand

Malaysia-based Hong Leong Bank (HLB) has further upgraded its digital brand, Hong Leong Connect.

MoneyGram introduces direct money transfer channel in China

MoneyGram has launched a new channel of money transfer to allow customers to send money directly to bank accounts in China.

Lloyds scraps 47 savings accounts

Lloyds Banking Group is set to replace its 47 historic savings accounts, offered across its three brands- Lloyds, Halifax and Bank of Scotland- with three to simplify its range and improve customer transparency.

New Zealand’s bank-operator alliance selects Gemalto’s solution to secure NFC services

Semble, a joint alliance between key banks and all three operators in New Zealand, has selected Gemalto’s Allynis Trusted Services Hub (TSH) to secure their mobile NFC services.

Telenor Myanmar partners with Yoma Bank to launch mobile banking service

Telenor Myanmar has launched a mobile banking offering in collaboration with Yoma Bank.

Fortress inches closer to deal on UniCredit unit acquisition – report

Fortress Investment Group, a US-based private equity manager, and Italian asset manager Prelios are, reportedly, close to sealing a deal to buy UniCredit Credit Management Bank (UCCMB), the bad-loan unit of Italian bank UniCredit.

NAB further upgrades its information analytics platform

In its latest upgrade to its information analytics platform National Australia Bank (NAB) has retired 37 legacy servers that supported its old credit risk engine, after launching a new analytics layer as part of its NextGen programme.

Santander acquires Scotiabank’s consumer loan portfolio in Mexico

Banco Santander (Mexico) has struck a deal to acquire a consumer loan portfolio valued at MXN 4.10bn ($300m) from Scotiabank’s Mexico arm.

Credit Agricole Group joins Paylib run e-payments service

Crédit Agricole Group has signed a letter of intent to join Paylib, the e-wallet reference solution in France, which will be launched commercially in 2015 for private customers, e-business professionals and companies.

Banco Santander names new CEO; overhauls board

Spanish banking giant Banco Santander has promoted Jose Antonio Alvarez to the post of CEO and made various other changes to its board of directors, with effect from January 1.