All articles by Verdict Staff
Verdict Staff
SMBC raises stake in Bank of East Asia to 17.5%
Japan-based Sumitomo Mitsui Banking (SMBC) has signed a deal to increase its holding in Hong Kong’s Bank of East Asia from the current 9.6% to 17.5% in a deal worth $950 million.
Barclays launches biometric finger vein scanner
Barclays has collaborated with Hitachi Europe to launch biometric finger vein scanning technology for authenticating online banking transactions.
Standard Chartered names new head of cash products
Standard Chartered has appointed Karin Flinspach as head of cash products, transaction banking.
EverBank selects FIS to deliver P2P payment capabilities
EverBank has selected FIS, a provider of banking and payments technology solutions, to provide FIS People Pay to its clients.
Will cloud computing make it rain our banking data?
Cloud computing has hopefully seen its worst ever PR disaster this week as perhaps the most used cloud service in the world suffered some truly worrying leaks. But are our cloud-dwelling banking details more secure then Jennifer Lawrence’s naked selfies, asks Billy Bambrough
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Bank of Ireland selects EVO Payments for merchant acquiring services
Bank of Ireland has selected EVO Payments International (EVO), a card payment acquirer and payment service provider, to provide it merchant acquiring services in the Republic of Ireland and Northern Ireland.
Lloyds may relocate its registered office to London
Lloyds Banking Group may relocate its registered offices to London from Edinburgh if Scots vote for independence.
China may slash stakes in state-owned bank in future
Chinese government is looking to slash its holdings in the countrys biggest banks over time as it seeks to introduce more private capital into state-owned enterprises, according to Huijin vice chairman.
Polish regulator approves BNP Paribas’ acquisition of Bank BGZ
Poland’s financial market regulator KNF has approved BNP Paribas’s acquisition of agricultural lender Bank BGZ from Dutch financial group Rabobank.
BB&T buys additional 41 branches from Citibank in Texas
BB&T, a North Carolina-based financial services group, has agreed to buy 41 branches in Texas from Citibank.