All articles by Verdict Staff
Verdict Staff
Four reasons why bank account charges won’t pay
Is there any future in the retail banking business? Tightening regulations, mis-selling controversies, the decline in revenues from interchange, and the onward march of digital services are conspiring to make the operating environment for retail banks in the UK harder than ever.
Four reasons why bank account charges won’t pay
Is there any future in the retail banking business? Tightening regulations, mis-selling controversies, the decline in revenues from interchange, and the onward march of digital services are conspiring to make the operating environment for retail banks in the UK harder than ever.
Reliance Industries-SBI JV applies for payments bank licence
Reliance Industries and the State Bank of India (SBI) have put in a joint application to the Reserve Bank of India (RBI) for a payments bank license.
Reliance Industries-SBI JV applies for payments bank licence
Reliance Industries and the State Bank of India (SBI) have put in a joint application to the Reserve Bank of India (RBI) for a payments bank license.
RHB Bank names new group retail banking head
Malaysian lender RHB Bank has named U Chen Hock as its new group retail banking head, replacing Charles Sik.
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GI Technology to seek payment bank license
Indian money transfer company GI Technology is planning to expand its range of payment offerings to customers by applying for a payment bank license, reported the Economic Times.
UK P2P lending exceeds £1bn in 2014
The UK peer-to-peer (P2P) lending industry lent over £1.2bn in 2014, according to new figures released by the Peer-to-Peer Finance Association (P2PFA).
Free British bank accounts unsustainable, says PwC
British banks’ practice of offering free current or checking accounts for customers in credit is unsustainable and heightens the risk of future mis-selling scandals, according to a report by PricewaterhouseCoopers (PwC).
UK ‘free’ current accounts under fresh attack
For anyone under 50 today in the UK, ‘free’ current accounts have been the norm. Douglas Blakey writes
Westpac to sell operations in five Pacific Island nations for $A125m
Australian lender Westpac is selling its banking operations in five Pacific Island nations to the Bank of South Pacific (BSP) for $A125m.