All articles by Verdict Staff
Verdict Staff
BSP allows banks to open over 86 bank branches
The Bangko Sentral ng Pilipinas (BSP), the central bank of Philippines, has granted permission to 15 banks to open more than 86 bank branches in the country as part of its footprint-expansion strategy.
Aeon Bank installs Japan’s first EMV-compliant ATMs
AEON Bank, a subsidiary of AEON Financial Service, has become the first financial institution in Japan to install EMV-compliant ATMs, following certification received by global payment technology firm MasterCard.
Bank of Ireland agrees to divest ICS mortgages to Dilosk for 250m
Bank of Ireland has reached an agreement to dispose of ICS Building Society’s distribution platform and mortgage pool to Irish financial services company Dilosk in a deal worth 250m.
BHF-BANK taps Avaloq banking suite
BHF-BANK has chosen the Avaloq Banking Suite as its new banking solution to renew its core banking solution as part of an extensive IT modernization program.
China’s Hua Xia Bank to deploy NCR Aptra Activate platform to boost banking services
China’s Hua Xia Bank has signed a software professional service agreement with NCR to deploy its multi-vendor software platform, Aptra Activate, to support various consumer transaction technologies.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
BofA plans to reduce 540 mortgage headcount in Charlotte
Bank of America (BofA) is reportedly planning to cut approximately 540 jobs at its legacy asset servicing division in Charlotte that manages troubled mortgage loans.
UK regulator in talks with 25 new banks, says British minister
UK financial regulators are reportedly talking with approximately 25 potential new banks in a bid to boost competition within the sector, said Andrea Leadsom, a Conservative lawmaker and economic secretary to the Treasury.
RBS plans more branch closures as online banking surge
Royal Bank of Scotland (RBS) chairman Sir Philip Hampton has warned that further branch closures are in the offing as customers are increasingly embracing online and mobile banking.
Service you can bank on?
The allure of new jazzed-up current accounts isn’t enough to mask services that remain far from customer centric, says Natalie McLellan of Egremont Group
OneAmerica to purchase City National Bank’s retirement services division
OneAmerica has agreed to buy City National Bank’s San Diego-based retirement services recordkeeping business for an undisclosed sum.