All articles by Verdict Staff
Verdict Staff
Maybanks Philippines unit holds M&A talks locally
The Philippines division of Malaysia’s Malayan Banking (Maybank) is holding preliminary talks with merger and acquisition targets to expand its domestic business, especially consumer lending.
Fonetic launches new solution to enable retail banks meet Dodd-Frank compliance
Voice management solutions provider Fonetic has launched SPi Compliance for Retail Banking to enable financial institutions meet the latest obligations set out by the enactment of Title X of the Dodd Frank Act.
Rabobank taps VASCO Data Security to enhance online banking security
Dutch lender Rabobank has selected VASCO Data Security Internationals technology to enhance online banking security and customer convenience.
CertusBank to sell mortgage and wealth management businesses
Greenville-based CertusBank has announced the sale of its mortgage and wealth management divisions.
UK invests £4m to develop cyber security
The UK Government has appointed TechUKs Andy Williams as its first ever SME cyber-czar and invested £4m into a competition for small businesses to facilitate the development of a new security technology.
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DFSA imposes restrictions on Dubai subsidiary of Espirito Santo group
The Dubai Financial Services Authority (DFSA) has imposed restrictions on ES Bankers (Dubai) Limited, the Dubai-based subsidiary of Portugals Espirito Santo group, following financial woes of the group.
Collinson Group snaps up WRT to branch out into FS
UK-based Collinson Group has increased its loyalty capability through the acquisition of Welcome Real-time, in a move that tightens up the process and combines Collinson’s expertise with WRT’s technology writes Patrick Brusnahan.
Simple makes strides in digital but is facing an uphill struggle to regain confidence
Simple has released an update to its mobile banking app to support Apple’s TouchID and Android’s wearable devices. The update follows a period of difficulty for the digital bank which saw customers locked out of their accounts for prolonged periods. Billy Bambrough investigates
Total workforce of leading European banks down 1.2% in H1-report
The restructuring in the European banking sector has led to the downfall of staff numbers by 1.2% in the in first half of this year, which is equivalent to 21,135 jobs, according to data compiled by Reuters.
Greece’s Alpha Bank launches voluntary redundancy offer to slash headcount
Greece’s Alpha Bank has opened a voluntary redundancy offer to reap cost savings by cutting down 15% of its workforce under a restructuring plan approved by the EU Commission.