All articles by Verdict Staff

Verdict Staff

Oman’s alizz islamic bank deploys NCR’s video teller technology

Oman’s alizz islamic bank has deployed NCR Corporation’s ATM-based interactive video technology that can deliver branch-banking services for customers.

SBI, Axis and Yes Bank set to launch m-wallets

Indian banking majors SBI, Axis Bank and Yes Bank are reportedly planning to launch their own mobile wallets to compete with pre-paid issuers like Paytm and MobiKwik, who attract customers with easy payment option and retail offerings.

JPMorgan’s consumer banking arm posts net income of $2.53bn in Q2

The consumer & community banking (CCB) division of JPMorgan Chase has posted a net income of $2.53bn for the second quarter of 2015, a marginal increase of 1% compared to $2.49bn in the year ago quarter.

Liberty Bank to accept UnionPay chip cards in Georgia

UnionPay International and Georgia-based Liberty Bank have finalised an agreement under which all ATMs and POS terminals of the bank will accept UnionPay chip cards.

Bank of Tokyo-Mitsubishi receives Dubai Islamic finance license

Japan’s Bank of Tokyo-Mitsubishi (BTMU) has received permission from the Dubai Financial Services Authority to operate an Islamic window.

BSP takes over Westpac’s operations in Samoa, Tonga and Cook Islands

Papua New Guinea-based Bank South Pacific (BSP) has completed the purchase of Westpac’s operations in Samoa, Tonga and Cook Islands for A$91m.

Halifax launches new service to expedite bank accounts switching process

Halifax has launched a ‘snap to switch’ service to enable consumers switch bank accounts by uploading a photo of their debit card from their smartphone or tablet.

Maybank introduces biometric authentication for mobile banking

Malaysia’s Maybank has launched a new biometric authentication service for mobile banking on its Maybank2u app.

British regulators to launch unit to assist prospective new banks enter market

British regulators Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have agreed to launch a new bank unit to assist challenger banks enter the market and help them operate post launch, the Financial Times has reported.

Hana Bank, Korea Exchange Bank to merge

South Korea’s Hana Financial Group is set to merge its two banking units, Hana Bank and Korea Exchange Bank (KEB), after receiving the consent from the KEB labour union.