All articles by Verdict Staff

Verdict Staff

Doha Bank to open first branch in Mumbai, India

Qatar’s Doha Bank is set to open its first branch in Mumbai, India in May 2014 and aims to expand its business in the county from current $1bn to $5bn in the next three years.

Jordan Kuwait Bank deploys BPC’s SmartVista to improve card business

Jordan Kuwait Bank (JKB) has successfully deployed SmartVista, developed by BPC Banking Technologies, to improve its card business and to provide customers with new card products.

TBACU chooses Fiserv’s integrated suite of payment solutions

Texas Bay Area Credit Union (TBACU), which has around 33,000 members and assets worth $305m, has selected an integrated suite of payment solutions developed by Fiserv to improve its operational efficiency, consolidate vendors and improve its members’ financial experience.

Alibaba reveals plans to foray into banking sector

Alibaba Group, a China-based e-Commerce giant, has revealed its plans to expand its business into banking sector.

Technical problem deprives NatWest customers from interest payments

A technical issue at NatWest has denied its customers to avail interest payments on savings accounts and individual savings accounts (ISAs).

Banking customers favour traditional channels along with digital ones: BT and Avaya study

Banking customers still want their banks, building societies and insurers, to offer traditional branch services, despite the increase in use of digital channels, according to a study by British Telecommunications (BT) and Avaya.

New banking licences from Reserve Bank of India could create thousands of jobs: Report

Each new banking licence, which will soon be issued by Reserve Bank of India, could create around 1,500 to 5,000 jobs in the next one-two years, according to estimates by head hunters including Korn/Ferry International, Egon Zehnder, Heidrick & Struggles, EMA Partners, Russell Reynolds Associates and Randstad India.

Lloyds Bank launches new rates on Islands mortgages

Lloyds Bank has launched new rates across a variety of its Islands Retail Banking mortgages, which are expected to reduce burden on customers.

eg solutions secures contract to deploy eg operational intelligence software suite

UK-based back office optimisation software firm eg solutions, along with its partner Aspect Software, has secured a licence contract worth approximately $1.1m with an existing global bank customer to further deploy the eg operational intelligence software suite.

Bank Albilad implements integrated payments hub FIS Switch

Bank Albilad has implemented FIS’ payments hub to manage the increased demand for payments services across its network in Saudi Arabia.