Prepaid spending set to soar in Europe
While the prepaid card market in the US has flourished in a myriad of forms including gift, remittance and corporate…
ByMonth: October 2007
BPI turns tables on BCP
Portugals Banco Portugus do Investimento (BPI) has proposed a friendly merger with the countrys largest private-sector banking group, Millennium BCP,…
ByNedbank buys other half of Old Mutual Bank, plans rebrand and targets cost savings
Nedbank, South Africas fourth-largest bank, has agreed to buy the 50 percent of Old Mutual Bank it does not already…
ByBofA resurrects BankAmericard
Unlike the original card, the new Bank-Americard incorporates a loyalty scheme designed to reward customers who have at least one…
ByScotiabank is aiming high
Scotiabank is aiming high Scotiabank has announced plans for international expansion, particularly in Mexico where it aims to establish a…
ByTaiwan to relax bank ownership rules
Industry consolidation in Taiwan, Asias fourth-largest retail banking market, continues as the government announced its intention to merge three publicly…
ByRemember banker’s hours?
As US banks seek every potential advantage in the hyperactive suburban and exurban markets ringing population centres across the nation,…
ByAlive and kicking
A new report from VRL KnowledgeBank examines the provision of retail banking services through institutions owned by members, communities or…
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