All articles by Verdict Staff
Verdict Staff
Omans alizz islamic bank deploys NCRs video teller technology
Oman’s alizz islamic bank has deployed NCR Corporations 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.