All articles by Verdict Staff

Verdict Staff

Huntington National Bank to purchase 11 BofA branches in Michigan

Huntington National Bank has reached an agreement to acquire 11 branches from Bank of America (BofA) in Central and East Michigan, as part of a strategy to boost its footprint in the region.

Banco Santander Brazil implements SAS technology to lower fraud losses

Banco Santander Brazil has deployed a suite of SAS fraud technologies to lower fraud losses and strengthen productivity, improve data management and operational efficiency.

NCR partners with Shanghai Anmao to boost presence in Chinese retail market

NCR, a consumer transaction technology company, has selected Shanghai Anmao Information Technology Company, as its reseller for the full range of NCR point-of-sale (POS) solutions, including the NCR SelfServ Checkout in China.

BofA plans up to 3,000 job cuts in Costa Rica, Philippines and Mexico

North Carolina-based Bank of America (BofA) is reportedly planning to close three offices in Costa Rica, Philippines and Mexico and cut approximately 3,000 jobs, as part of its global operations restructuring strategy.

BankIslami Pakistan to deploy Diebold 429 ATMs

BankIslami Pakistan Limited (BIPL) is set to install 25 Diebold 429 ATMs, as part of its strategy to provide improved services to customers.

Ficohsa to purchase Citi’s Consumer Banking business in Honduras

Banco Ficohsa has reached an agreement to purchase 100% of the shares of Banco Citibank de Honduras, and Cititarjetas de Honduras, as part of its strategy to boost its presence in the country.

Metro Bank founder to launch retail and business bank Atom

Metro Bank’s founder Anthony Thomson is reportedly planning to establish a new digital banking firm Atom, as part of a strategy to tap the growing digital banking market.

Absa’s Payment Pebble mPOS device launched

South Africa-based Absa, a wholly owned subsidiary of Barclays Africa, has launched a full scale commercial roll out of its headphone-jacked mobile point of sale (mPOS) device, known as Payment Pebble, for small traders.

Panama’s Banconal selects Gemalto Ezio platform for eBanking and mBanking operations

Banco Nacional de Panamá (Banconal), the country’s largest public bank in terms of customers and assets, has implemented Gemalto’s Ezio multi-channel authentication platform as part of its strategy to safeguard its growing eBanking and mBanking operations.

RBS opens technology-driven branch at Edinburgh West End

Royal Bank of Scotland (RBS) has opened its renovated branch at Edinburgh West End with new technology initiatives that will enable staff to directly interact with customers and help them with their transactions.