All articles by Verdict Staff

Verdict Staff

Xerox develops new technology to transmit financial data through smartphones

US-based Xerox has developed a new secure imaging technology that allows customers to transmit their financial data including loan, credit card applications or other financial documents through their iPhones, iPads and Android phones.

RBS in talks to sell Citizens to Japan’s Sumitomo Mitsui: Report

Royal Bank of Scotland (RBS) is, reportedly, in preliminary talks to sell its US retail banking arm, RBS Citizens, to Sumitomo Mitsui Financial Group of Japan.

BNP Paribas to cut 1,600 jobs in Ukraine as part of restructuring plan

BNP Paribas, France’s largest bank by assets, has announced a 1,600 Ukraine staff reduction by 2015 as part of its European and overseas restructuring strategy.

HSBC launches new mobile banking app in UK

HSBC UK has launched a new mobile banking app that allows customers to open a Loyalty Cash ISA account from their mobile devices.

National Commercial Bank implements new TCS BaNCS system

The Saudi Arabian National Commercial Bank (NCB) has signed in Riyadh a contract with Tata Consultancy Services (TCS) to implement a new core banking information system.

EU approves new rules on basic bank accounts

The European Union (EU) Parliament and the Council have approved new rules, which state that every legal citizen rising in the EU should have the right to open a basic payment account.

alizz islamic bank launches new mobile banking app

Oman-based alizz islamic bank has launched a new mobile banking application to offer enhanced banking services for its customers.

iCreate collaborates with SAP for better analytics

Bangalore-based iCreate is to collaborate with SAP to provide banks with improved analytics, risk and compliance reporting.

73% Australians expect mobile wallets to replace physical counterparts by 2021: CommBank survey

Around 73% of Australians expect mobile wallets to replace their physical counterparts and cash and card payments by 2021, according to a new survey by CommonwealthBank.

NAFCU hails federal appeals court’s decision on interchange fees

National Association of Federal Credit Unions (NAFCU) has hailed the federal appeals court’s decision to overturn the district court’s decision on the Federal Reserve Board’s interchange rule.