All articles by Verdict Staff

Verdict Staff

NBAD secures banking license in India

India has granted a banking license to National Bank of Abu Dhabi (NBAD), making it the first UAE-based lender to operate in the country since 1980, three sources familiar with the matter said.

Bank of England close to taking decision on interest rate rise

The Bank of England (BoE) is close to taking a decision on increasing bank interest rate, which currently stands at 0.5% since 2009.

Lloyds to cut 645 jobs, closes telephone banking centre in Warrington

Lloyds Banking Group is set to axe 645 jobs across its business sectors and wind up operations at its telephone banking centre in Cheshire, Warrington.

Diebold supplies power-efficient ATMs to Pakistan’s Meezan Bank

Pakistan-based Meezan Bank has reached an agreement with Diebold for the installation of 50 energy-efficient Diebold 429 automated teller machines (ATMs) across the country.

Tablet banking in Europe to surpass mobile banking by 2016: Report

Tablet banking in European countries is expected to surpass mobile banking channel by 2016, reveals a reported released by Forrester.

Liberbank awards ten-year core banking transformation contract to Accenture

Liberbank has awarded a ten-year contract to Accenture to transform and optimize its core banking applications as part of a plan to boost operational efficiency and business agility while optimizing return on technology investments.

Tisco Bank to implement FIS core banking platform

Thailand-based Tisco Bank has signed a contract with banking and payments technology provider FIS to deploy its Profile core banking platform, as part of its plan to meet growing banking needs.

EU charges HSBC, JPMorgan, Credit Agricole for Euribor rigging

The European Commission (EU) has charged three more global banks including JPMorgan, HSBC and Credit Agricole for fixing euro benchmark borrowing rate Euribor.

Credit Union 1 to deploy Alkami’s ORB platform

Credit Union 1 has chosen Alkami’s ORB Platform to provide its members with modern digital banking experience that is similar to services offered at physical branches.

Westpac, Samsung collaborate to develop banking technologies

Westpac New Zealand and Samsung Electronics have reached an agreement to develop digital banking technologies, leveraging expertise and knowledge of each-other.