All articles by Verdict Staff
Verdict Staff
Ex- Allied Irish Bank COO to launch digital-only bank in UK
Anne Boden, former chief operating officer of Allied Irish Bank, is gearing up to launch a new digital-only bank in the UK next year.
ICICI Bank to introduce NFC-enabled cards in India
India’s private sector lender ICICI Bank is set to launch NFC-enabled debit and credit cards next month to allow faster payment transaction.
Business culture in banking sector favours dishonest behaviour, finds study
The business culture in the banking sector implicitly favours dishonest behaviour among employees, finds a study carried out by the University of Zurichs Department of Economics involving nearly 200 bank employees.
Portugal’s Millennium BCP mulls partial stake sale in Polands Bank Millennium
Portugal’s Millennium BCP is considering a stake sale of about 10% in Polands Bank Millennium to improve its capital.
UniCredit selects FICO to improve customer lending
Italian lender UniCredit is deploying FICO’s analytic technology to analyse Big Data to enhance its customer lending decisions and capital optimization.
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BBVA buys stake worth $2.5bn in Turkish lender Garanti
Spanish lender BBVA has raised its stake in Turkish lender Garanti by acquiring additional 14.89% stake for EUR1.99bn ($2.5bn).
Bulgarias central bank orders sale of Bank Victorias assets
Bulgarian National Bank (BNB) has authorized the administrators of Bank Victoria, a subsidiary of the Corporate Commercial Bank (CCB), to start the sale of the banks assets to raise funds to pay out all depositor claims due to start December 12.
RBS hit with £56m penalty for 2012 IT failure
Royal Bank of Scotland (RBS) has been slapped with a penalty of £56m by regulators for its June 2012 IT glitch that disabled million of customers to access their accounts for several weeks.
Cielo to form new card joint venture with Banco do Brasil
Cielo has agreed to collaborate with Banco do Brasil to create a BRL11.6bn ($4.5bn) worth joint venture for managing the bank’s debit and credit card payments.
Scotiabank partners with Planet Payment to improve ATM network in Mexico
Scotiabank Inverlat (Scotiabank Mexico) has announced its strategic alliance with Planet Payment to improve the efficiency and profitability of the Scotiabank Mexico ATM network and provide enriched services to international MasterCard cardholders.