All articles by Verdict Staff
Verdict Staff
ICICI Bank introduces new cardless cash withdrawal service
Indias private sector bank ICICI Bank has introduced a new Cardless Cash Withdrawal service that allows its customers to transfer money from their account to anyone in India with a mobile number.
7 day switching: told you so
At the risk of being accused of gloating… As written on this site and elsewhere in the run-up to 7 day switching last year, this (albeit very welcome and brilliantly executed innovation – take a bow The Payments Council) was never going to lead to a massive rise in switching rates, writes Douglas Blakey
Royal Group to invest $5bn to create new bank in Serbia
Abu Dhabi-based international conglomerate Royal Group is set to invest $5bn over the next three years to create a new bank in Serbia.
TSB plans to open 30 new branches in UK
TSB, formerly owned by Lloyds Banking Group, has confirmed that it planning to open up to 30 new branches in the UK.
Yes Bank launches its NRI remittance service in Singapore
Indian private sector lender Yes Bank has now extended its remittance service for the global Indians based in Singapore.
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Citigroup to invest $1.5bn in Mexico operations over four years
Citigroup has revealed plans to invest nearly MXN20 billion ($1.5bn) in its Mexican unit’s technology, data centers and physical infrastructure over the next four years.
SBI seeks RBIs approval to launch contactless debit card
State Bank of India (SBI) has sought permission from the Indian banking regulator Reserve Bank of India (RBI) to launch contactless debit cards, which would enable customers to carry out some transactions without having to enter the PIN number.
Morgan Stanley to pay $95m to settle mortgage-debt lawsuit -report
Morgan Stanley has reached a $95m deal to settle a lawsuit accusing it of misleading investors in mortgage-backed securities in the run up to the 2008 financial crisis, Reuters has reported.
Britain’s big banks slash lending by £364.7bn, says KPMG report
Britain’s largest banks have slashed lending to consumers and businesses by £364.7bn in the past five years, according to a KPMG report.
BB&T to buy Bank of Kentucky for $363m
BB&T Corporation has agreed to buy The Bank of Kentucky in a cash and stock transaction for total consideration valued at approximately $363m.