All articles by Verdict Staff

Verdict Staff

American Savings Bank chooses D+H’s enterprise solution

American Savings Bank has selected D+H’s PhoenixEFE core solution, with an objective to boost efficiency and provide improved convenience to its customers.

Indian PM launches new scheme to offer bank accounts for every household

The Indian Prime Minister Narendra Modi has launched a new scheme, Pradhan Mantri Jan Dhan Yojana (PMJDY), with an objective to provide every household in the country with a bank account.

India Post keeps banking ambition alive

India Post, the state-run mail company which failed to make the cut during the latest round of bank licensing, is actively considering whether to apply for a payment bank licence.

First Bancorp consolidates branch networks in Carolinas and and Virginia

First Bancorp, the parent company of First Bank, has announced the closure and consolidation of ten of its branches across North Carolina, South Carolina and Virginia.

Union Bank of Nigeria streamlining branch network across the country

Union Bank of Nigeria has reportedly commenced the restructuring of its branch network to offer better services to its clients nationwide.

ICICI Bank introduces new mobile apps for loan details

Indian private sector lender ICICI Bank has launched two new mobile banking applications; iLoans and iTrack, for accessing loan account details and tracking status of dispatches, respectively.

Wells Fargo expands ExpressSend remittance network in El Salvador

Wells Fargo & Company has expanded its ExpressSend remittance network in El Salvador by adding Scotiabank and Remesas BAC Credomatic to it.

Standard Chartered may sell part of UAE business

British banking giant Standard Chartered is reportedly planning to divest or exit part of its business in the UAE.

Chinese bank ICBC taps IBM for disaster recovery

Industrial and Commercial Bank of China (ICBC) has selected IBM’s Active-Active mainframe technology for continuous availability and disaster recovery.

Deutsche Bank introduces two new transaction banking apps in India

German banking major Deutsche Bank has launched two new transaction banking apps on its Autobahn App Market in India.