All articles by Verdict Staff

Verdict Staff

Thailand’s Kasikornbank taps FIS for real-time core banking

Thailand-based Kasikornbank Public Company (Kasikornbank) selects FIS as the bank’s provider for real-time core banking for deposit products.

Portugal plans to divest Banco Cabo-verdiano de Negócios

Portugal’s Banco Internacional de Funchal (Banif) has placed Banco Cabo-verdiano de Negócios (BCN) units for sale in Cape Verde as well as Brazil and Malta.

Bank of America to launch three retail branches in Colorado

Bank of America (BofA) contemplates launch of three retail bank branches in Colorado, US, to boost is retail banking business in the region.

Peoples Bancorp to purchase NB&T Financial Group

Peoples Bancorp has reached an agreement to acquire NB&T Financial Group (NBTF) through a stock and cash transaction to boost presence in Ohio, US.

Slovenia invites bids for NKBM bank

Slovenian Sovereign Holding (SDH), a state investment firm, is inviting second round binding bids from interested parties to offload Nova KBM (NKBM), one of the second-largest banks in Slovenia.

Central Bank of Cyprus postpones disposal of FBME Bank branch

Central Bank of Cyprus (CBC) reportedly deferred the planned disposal of the Cypriot branch of the Federal Bank of Middle East (FBME) pending the outcome of a court decision.

Westpac to launch 3D banking app in New Zealand

Australian bank and financial-services provider Westpac is reportedly gearing up to roll out a 3D banking app in New Zealand , adding augmented reality to online banking experience.

Pentagon Federal Credit Union taps DocuSign for digital transaction management

Pentagon Federal Credit Union (PenFed), one of the third-largest credit unions in the US, selects DocuSign for digital transaction management (DTM) to offer improved services to members at home and those living abroad.

Hungary’s central bank fines local banks for exploiting customers

Magyar Nemzeti Bank (MNB), the central bank of Hungary, has imposed monetary penalty of HUF386.5m ($1.6m) against a total of 58 regional banks and credit institutions for alleged malpractices, including increasing bank costs and customer fees.

TD Bank unveils mobile account opening

US-based TD Bank rolls out Mobile Account Opening functionality to enable customers to open personal banking accounts using their smart phone at TDbank.com.