All articles by Verdict Staff
Verdict Staff
ANZ to axe 200 jobs due to sluggish economy
The Australia and New Zealand Banking Group (ANZ) has decided to cut 200 jobs from its local workforce in response to sluggish economy.
ICBC to acquire Barclays secret London bullion vault
China’s ICBC Standard Bank has agreed to buy Barclays’ London bullion vault, which can store up to 2,000 metric tons in gold, silver, platinum and palladium.
Axis Bank introduces cobranded multi-currency forex card with INR Wallet
India’s Axis Bank has rolled out a multi-currency, cobranded forex card in collaboration with Miles & More, a frequent flyer and awards programme in Europe.
Barwa Bank inks pact with MasterCard to introduce new credit cards
Qatar-based Barwa Bank has expanded its credit card portfolio by launching World MasterCard and Platinum MasterCard in association with MasterCard.
Mphasis collaborates with ToneTag to add ‘sound waves’ to mobile payments
Indian IT services provider Mphasis has partnered with ToneTag, a sound based proximity communication provider, to develop a range of digital banking and payments solutions.
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Ellie Mae, Wells Fargo collaborate to streamline mortgage technology workflows
Ellie Mae, a provider of software solutions for the residential mortgage industry, has partnered with Wells Fargo to enable joint customers to deliver loan data securely and efficiently.
RBS to close retail banking operations in India
Royal Bank of Scotland (RBS) has decided to wind up its retail banking operations in India, which will result in shutting down of 10 branches.
Telefonica Germany, Fidor partner to launch mobile banking service
Telefonica Germany has teamed up with German lender Fidor Bank to unveil its new mobile banking service, named 02 Banking.
MyState taps Rubik for digital banking transformation
MyState, a diversified financial services group, has selected Rubik Financial, a financial services software house, to transform its digital channels and customer experience offering.
Capgemini partners with ascribe to bring Blockchain to rewards and loyalty systems for banks
Capgemini has formed an alliance with German startup ascribe to develop a blockchain database solution for a rewards and loyalty system for consumer banking that tracks processed transactions in real-time.