All articles by Verdict Staff
Verdict Staff
Backbase unveils new digital banking solution for banks and credit unions
Netherlands-based Backbase has released a new out-of-the-box digital banking platform for banks and credit unions, known as Backbase Engage, designed to enable them to enhance their customer experience.
First Financial to acquire Guernsey Bancorp
Ohio-based First Financial has signed an agreement to acquire Guernsey Bancorp for a cash consideration of $13.5m, to boost its market presence in Columbus, Ohio.
BofA plans to divest 11 bank branches in Kansas
Bank of America (BofA) is reportedly planning to divest its 11 bank branches located in Kansas, as part of its business transformation strategy.
Morgan Stanley eyes bigger push into consumer banking business
US-based investment bank Morgan Stanley is reportedly exploring new options for a bigger push into consumer banking business, as part of its strategy to shift focus on traditional banking.
European Banking Union – Too little, too late?
The Eurozone crisis, following hot on the heels of major banking failures across the globe, triggered the revolutionary quest for European banking union. From mid-2012, the economic troubles of the European Union provided a catalyst in seeking a long term solution to the problems besetting banking and the euro, writes Roger Davies
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State Bank Financial agrees to acquire Bank of Atlanta
Georgia-based State Bank Financial has reached an agreement to purchase Atlanta Bancorporation and its subsidiary, Bank of Atlanta, in a deal valued at approximately $25m in cash.
Co-op Bank increases privilege account fees by nearly 20%
UK-based Co-operative Bank has reportedly hiked the monthly fees paid by many holders of its packaged current accounts by nearly 20%.
US Bank deploys Fiserv’s Popmoney technology to offer real-time P2P payments
US Bank has chosen Fiserv’s Popmoney Instant Payments capability as part of its strategy to offer instant person-to-person (P2P) payments online and through mobile devices.
Russias VTB24 taps NCR cash recycling ATMs to slash operational costs
Russia-based retail lender VTB24 Bank has selected NCR SelfServ cash recycling functionality, as part of its ATMs modernising plan to reduce operational cost while boosting availability of its network.
Moldova’s Energbank, IdealInvent partner for online and mobile-banking services
Moldova-based retail lender Energbank has selected Idealinvents Internet and mobile banking technologies, a part of the ConnectCore – Channels & Mobility product, to offer better banking experience to its customers.