All articles by Verdict Staff

Verdict Staff

Permanent TSB likely to sell €6.9bn UK mortgage loans in 2014

Irish state-owned lender Permanent TSB is likely to start selling its €6.9bn UK residential mortgage loans in 2014, as part of its restructuring plan submitted to the European Union antitrust authorities in August.

An Engaging Investment: Financial services and the benefits of mobile for better customer engagement – Part three

Today’s consumers lead a mobile-centric lifestyle. But for retail banks and the personal finance industry mobile still remains a largely untapped resource. This must change if financial companies want to connect properly with their customers, and not appear out of touch.

China Construction Bank in talks to buy Brazil’s BicBanco

China Construction Bank (CCB) is in talks to purchase Banco Industrial & Comercial, also known as BicBanco, a mid-size Brazilian bank, according to a person familiar with the matter.

Consumer debt level rises in Canada, RBC report

Around 24% of Canadians have reported to be debt free in 2013, compared to 26% in 2012, according to the third annual Royal Bank of Canada (RBC) Debt Poll.

BNP Paribas submits highest bid for Rabobank’s Bank BGZ unit in Poland: Report

French lender BNP Paribas has submitted the highest bid of €1bn to purchase 98% stake in Bank BGZ, the Poland-based subsidiary of Dutch lender Rabobank, according to a report by daily newspaper Puls Biznesu.

Islami Bank Bangladesh deploys new electra iTx series platform

Islami Bank Bangladesh (IBBL) has deployed ElectraCard Services’ (ECS) electra iTx series suite that allows users to support the service oriented architectures (SOA), and control their application and EFT environment.

Berkshire Bank cuts 66 jobs and plans branch closures

Berkshire Hills Bancorp, a bank holding company in the US, has eliminated 66 positions during the third quarter of 2013 and is planning to shut down nine branch offices.

Customers Bank introduces Picture Pay mobile bill payment solution

US-based Customers Bank has launched Picture Pay mobile bill payment technology, as part of its upgraded mobile application, CB Access, allowing customers to conveniently make bill payments.

Dubai Islamic Bank, TPS collaborate to offer remittance disbursement service

Dubai Islamic Bank (DIB), in collaboration with TPS has launched a new remittance disbursement service for end-to-end real-time processing of home remittances.

African Resonance to supply Ingenico’s new payment devices to Standard Bank

Global payment solutions provider Ingenico has signed an agreement with its local value added reseller, African Resonance, to supply its new generation payment devices to Standard Bank, a Pan-African banking group.