All articles by Verdict Staff

New mortgage rules could mean bigger loans for UK consumers

The UK mortgage market review (MMR) could mean access to bigger loans for some borrowers, according to some mortgage specialists.

Kuwait Finance House scoops top award at the Prepaid Middle East Summit

3rd Annual Prepaid Middle East Awards

The award for Prepaid Innovation of the Year at the annual Cards International Prepaid Middle East Awards sponsored by Visa was picked up by Kuwait Finance House.

Bank Negara Malaysia announces new pricing strategy

Bank Negara Malaysia (BNM) has launched a new pricing strategy for payment services that will clear the price difference between e-payments and cheques.

Major US banks clear Federal Reserve’s stress tests

Majority of big banks in the US have passed the Dodd-Frank Act Stress Test 2014 conducted by the Federal Reserve and are better positioned to meet their financial commitments.

mBank, Orange Polska sign deal to create mobile retail bank

Poland-based mBank has signed a deal with a Polish telecommunications provider, Orange Polska, to create a new mobile retail bank in the second half of 2014.

BBVA completes acquisition deal with Simple Finance

Spanish bank BBVA has completed the deal signed on 20 February to acquire Portland banking group Simple Finance Technology for $117m.

BNZ increases home loan interest rates: Report

Bank of New Zealand (BNZ) has, reportedly, raised its home loan interest rates in the country, following the recent Official Cash Rate (OCR) hike.

Two Abu Dhabi lenders in race to buy Barclays’ retail banking unit in UAE, say sources

Two Abu Dhabi-based lenders Abu Dhabi Commercial Bank and Abu Dhabi Islamic Bank are competing to purchase Barclays’ retail banking operations in the country, banking sources said.

Ceska Sporitelna to use FICO analytics to enhance offerings for customers

Tech firm FICO has announced Czech retail bank Ceska Sporitelna is to use FICO optimisation tools to increase profit and improve its loan approval process.

India’s Bharatiya Mahila Bank to start internet, mobile banking services: Report

Bharatiya Mahila Bank (BMB), an India-based women’s bank and a wholly-owned government institution, is reportedly planning to begin internet and mobile banking services in the country from June 2014.