Indian PM launches new scheme to offer bank accounts for every household
The Indian Prime Minister Narendra Modi has launched a new scheme, Pradhan Mantri Jan Dhan Yojana (PMJDY), with an objective…
Month: August 2014
India Post keeps banking ambition alive
India Post, the state-run mail company which failed to make the cut during the latest round of bank licensing, is…
British high street bank giants fly low for customer service
British comparison site MoneySavingExpert.com has conducted a customer satisfaction survey of Britains high street banks with First Direct leading the…
ByChinese bank ICBC taps IBM for disaster recovery
Industrial and Commercial Bank of China (ICBC) has selected IBM's Active-Active mainframe technology for continuous availability and disaster recovery.
RBS and NatWest fined £14.5m by FCA over mortgage advice failings
British bank Royal Bank of Scotland (RBS) has been fined £14.47m ($23.97m) by the Financial Conduct Authority (FCA) for failings…
ByUnion Bank of Nigeria streamlining branch network across the country
Union Bank of Nigeria has reportedly commenced the restructuring of its branch network to offer better services to its clients…
ICICI Bank introduces new mobile apps for loan details
Indian private sector lender ICICI Bank has launched two new mobile banking applications; iLoans and iTrack, for accessing loan account…
Wells Fargo expands ExpressSend remittance network in El Salvador
Wells Fargo & Company has expanded its ExpressSend remittance network in El Salvador by adding Scotiabank and Remesas BAC Credomatic…