All articles by Verdict Staff

Verdict Staff

FNB merges with BCSB Bancorp to boost retail banking operations

FNB Corporation, a Pennsylvania-based diversified financial services company, has completed its integration with BCSB Bancorp, as part of a strategy to bolster retail banking footprint in Baltimore, US.

Yorkshire Building Society to repay £8.4m to 34,000 mortgage borrowers

The Yorkshire Building Society group will refund approximately £8.4m to about 34,000 of its mortgage borrowers, according to the British market watchdog the Financial Conduct Authority (FCA).

Ulster Bank plans to shut down additional branches: Report

Ulster Bank is, reportedly, planning to shut down additional branches in Ireland and transfer certain head office functions to Britain, after completion of the review of all its operations by Royal Bank of Scotland (RBS).

CBN launches biometrics registration project in Nigeria

The Central Bank of Nigeria (CBN) has started a $50m Biometric Solution project in collaboration with the Bankers’ Committee in Lagos, as part of its plan to enable financial firms to combat fraud and money laundering.

Co-op Group may foray into new markets to boost growth, says CEO

UK-based The Co-operative Group may foray into new markets such as energy, housing, and education to boost its growth, chief executive Euan Sutherland has said.

Spain’s Bankinter to unveil HCE-based NFC m-payments service

Spain’s bank Bankinter will commercially release an NFC mobile payments service during the second or third quarter of 2014, which enables customers to securely and instantly create a onetime-use debit or credit card on their mobile phone.

The Digital Banking Club Celebrates its 1st Anniversary

The Digital Banking Club, established by Intelligent Environments, working with Retail Banker International, Electronic Payments International and Cards International publications, is celebrating its 1st anniversary.

Diamond Bank launches new saving account

Diamond Bank, a retail lender in Nigeria, has rolled out its new SWAG Account at the Obafemi Awolowo University (OAU), in the wake of this year’s on-going National Universities Games Association (NUGA) competition.

KFH unveils KFH-Nojoom co-branded MasterCard prepaid card

Kuwait Finance House (KFH), Bahrain’s shari’a compliant banking and financing services provider, has introduced its new KFH -Nojoom co-branded MasterCard Prepaid Card in collaboration with Wataniya Telecom.

China Construction Bank launches first international ATM in Australia: Reports

China Construction Bank (CCB) has, reportedly, launched its first overseas ATM in Melbourne, Australia, as part of its plan to strengthen retail banking business in the country.