All articles by Verdict Staff
Verdict Staff
Bank of England unveils banknote application
The Bank of England (BoE) has rolled out a new banknote application, an interactive guide to its banknotes that can be used on mobile phones to enable public to identify security features on its banknotes.
Baidu-led consortium seeks China banking license: Report
China-based search engine Baidu has, reportedly, established a partnership to apply for “multiple banking licenses”, as part of its strategy to strengthen its presence in the countrys banking sector.
Millennials rate banks as most prime brand for disruption: Scratch study
Millennials, who were born between 1981 and 2000, have rated banks or financial institutions as one of the most prime brand for disruption, according to a three-year study by Scratch, an in-house unit of Viacom that consults with brands.
ANZ weighing plans to launch Indian subsidiary: Report
Australia and New Zealand Banking Group (ANZ) is, reportedly, weighing plans to launch an Indian banking subsidiary.
First Bancshares acquires BCB Holding
The First Bancshares, a Mississippi-based holding company for The First, has entered into an agreement to acquire BCB Holding, a holding company for Alabama-based Bay Bank, for $6.6m.
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BofA to introduce new current account Safe Balance
Bank of America (BofA) is all set to introduce a new current account, Safe Balance, which will prevent low-income customers from overdrawing funds and overdraft fees.
Emirates NBD expects 30% of customers to use digital banking services in 2014
UAE-based Emirates NBD is planning to increase the number of customers using internet and mobile banking services by 4% in 2014 and expects to reach 30% by the end of the year.
Malaysias Public Bank looking at organic growth in retail banking business
Malaysia-based Public Bank Group is looking to concentrate on organic growth of its retail banking business.
Westpac acquires $5m equity stake in Sydneys P2P lender SocietyOne
Reinventure Group, the new Westpac-funded venture capital manager, has spent $5m in Sydney-based peer-to-peer (P2P) lender SocietyOne, which has reported rapid growth in its loan offerings.
Security Bank undergoes re-branding to focus on retail banking
Philippines-based Security Bank has completed a re-branding exercise designed to support its strategy to expand the primary target market and include various customer-centric programmes to focus on focus on retail banking.