All articles by Verdict Staff

Verdict Staff

Guaranty Bank migrates to Black Knight’s MSP servicing platform

Guaranty Bank, a full-service retail bank, has inked a five-year agreement with Black Knight Financial Services to use its mortgage and consumer loan servicing platform called MSP system to service its expanding servicing portfolio.

Oaken Financial rolls out online banking service

Canada-based Oaken Financial has rolled out its online banking service, as part of its strategy to provide improved banking services to customers.

Fauquier Bank launches new branch in Gainesville, Virginia

Fauquier Bank has launched its new branch in Gainesville, Virginia, to provide a comprehensive set of retail and commercial banking, and lending products and services, as well as wealth management services.

BlackRock, PIMCO sue six banks for mortgage securities losses

An investor consortium led by BlackRock and Pacific Investment Management Co (PIMCO) is suing six global banks for their roles as trustees in originating and selling residential mortgage-backed securities (RMBS) issued between 2004 and 2008.

ICICI Bank unveils iMobile app for Windows phones

India-based private sector lender ICICI Bank has released its mobile banking application, ‘iMobile’, for Windows phones.

Tunisia’s Zitouna Bank taps IBM cloud for core banking systems

Tunisia’s Zitouna Bank has chosen IBM’s cloud capabilities comprising systems, software and services to transform its core banking platform and develop new services for customers.

VantageSouth Bank to deploy nCino to automate loan operations

North Carolina-based VantageSouth Bank will deploy nCino’s bank operating system to boost automation, consistency and growth in its small business administration (SBA) and commercial lending functions.

Univest plans to purchase Valley Green Bank

Univest Bank has agreed to acquire Valley Green Bank in an all-stock transaction with an aggregate value of approximately $76m.

Banco de Credito del Peru to install over 1000 new Opteva ATMs from Diebold

Banco de Credito del Peru (BCP) has awarded a contract to Diebold for the installation of more than 1000 new Opteva automated teller machines (ATMs) across the country.

Lloyds Bank narrows minimum price for TSB IPO

Lloyds Banking Group has reportedly narrowed the minimum price for the sale of 25% stake in TSB on the stock market, valuing the business at a minimum of £1.3bn.