All articles by Verdict Staff

Verdict Staff

UK mobile banking transactions double in a year: BBA research

Mobile banking transactions made by UK customers have nearly doubled in a single year, according to industry figures from the British Banking Association (BBA).

UK financial services to spend more on IT: CBI/PwC survey

The UK financial services industry is set to focus most of its spending on information technology (IT) in the next 12 months, according to a survey by CBI/PwC.

Fundtech outlines practices to enable banks mitigate compliance breach risks

Fundtech, a US-based global transaction banking solutions provider, has outlined new practises through a white paper titled ‘Reducing the Risk and Cost of Payments Compliance for Banks’ that helps banks reduce risk and cost of payments compliance.

CDB, Société Générale sign MOU to expand business in Africa

China Development Bank (CDB) and French bank Société Générale have signed a memorandum of understanding (MOU) to expand financing and banking business in Africa.

New Zealand’s ASB Bank unveils 3D augmented reality app for staff recruitment

ASB Bank, a New Zealand-based bank owned by Commonwealth Bank of Australia, has unveiled a new three dimensional (3D) augmented reality app to aid job candidates searching for positions in the bank.

IBQ selects Fiserv’s FCRM platform to prevent financial crimes

International Bank of Qatar (IBQ) has selected Fiserv-developed Financial Crime Risk Management (FCRM) platform that allows the bank to manage money-laundering and prevent frauds.

Digital adoption: Changing customer behaviour one page at a time

The move towards digital communication can happen in different ways. Striata studies three high street banks that approached the move toward digital communication in different ways. Striata CEO, Michael Wright examines what makes a successful paperless strategy to eliminate the costly burden of ‘double dippers’

Santander to launch online mortgage transfer service in UK

Santander for Intermediaries, a division of Santander UK, is to launch a new online mortgage transfer service, which will allow intermediaries to select a new deal for those who are approaching the end of their mortgage deal or have recently moved onto Santander’s standard variable rate (SVR).

UK Government completes sale of 7.8% stake in Lloyds

UK Financial Investments (UKFI), a part of the UK Treasury that owns Lloyds Banking Group, has completed the disposal of 7.8% stake or 5.6 billion shares in the bank for approximately £4.2bn.

US banking professionals affected by recent data breaches – ACI Worldwide

Financial institutions have reported being impacted by the recent data breaches with 78% of customer account and banking professionals surveyed reporting that they had been affected, according to the recent survey by ACI Worldwide.