All articles by Verdict Staff

Verdict Staff

CIBC launches new online cheque deposit service in Canada

The Canadian Imperial Bank of Commerce (CIBC) has launched a new service, CIBC eDeposit for cheques, which allows businesses to scan and deposit cheque images online.

Quintessential expands call-based loans application service

Quintessential Finance Group, a UK-based financial technology business, is expanding its new call-based loans application service that will allow call centre agents and finance brokers to easily take customer loan applications over the phone.

Around 53% Saudis trust primary financial service providers: E&Y survey

Around 53% of bank customers in Saudi Arabia have complete trust on their primary financial service providers (PFSP), compared to 44% globally, according to a global consumer banking survey ‘winning through customer experience’ by Ernst & Young (E&Y).

Oman’s BankDhofar plans to open six Maisarah Islamic banking branches

Oman-based BankDhofar has unveiled its plans to open additional six branches of Maisarah Islamic banking services across the country by the end of 2014.

India’s Nucleus Software launches new transaction banking product FinnAxia

Nucleus Software Exports, an India-based software products and solutions provider for banks and financial institutions, has launched new transaction banking product suite, FinnAxia.

UK FCA finalises new rules for consumer credit market

The Financial Conduct Authority (FCA) has finalised new rules for governing the £200bn consumer credit market that includes approximately 50,000 firms.

National Australia Bank slashes fixed home loan interest rates: Report

National Australia Bank (NAB) has, reportedly, slashed a range of fixed home loan interest rates, following increased competition in the mortgage market.

RBS plans to merge Ulster Bank: Report

Royal Bank of Scotland (RBS) is, reportedly, planning to merge its Irish business Ulster Bank with other lenders such as Permanent TSB or the Irish subsidiaries of Danske Bank or KBC.

Bank of Africa deploys SOFGEN’s CreditQuest

Bank of Africa has successfully deployed CreditQuest, developed by SOFGEN, at its subsidiaries in Kenya, Uganda and Tanzania.

Getin Bank launches first self-service VTM branches in Poland

Poland-based Getin Bank has completed the first installation of self-service VTM branches, also known as Getin Point, in the country, as part of its plan to offer innovative banking experiences to customers.