All articles by Verdict Staff
Verdict Staff
SAP enables UBank to achieve mobile banking growth in Pakistan
Germany-based software firm SAP has enabled U Microfinance Bank (UBank), a Pakistan-based lender, to achieve mobile banking growth in the country through Upaisa initiative, which is powered by SAP Mobile Inclusive Banking solution.
Security Bank plans to increase retail banking operations
Philippines-based Security Bank is planning to increase its retail banking operations with special focus on consumer lending businesses such as home, car and personal loans.
JPMorgan to slash 8,000 jobs across branch networks
JPMorgan Chase has said it would cut 8,000 jobs at its consumer and community banking division in 2014.
UK Treasury plans to delay sale of shares in Lloyds: Reports
The Treasury, a UK government department responsible for developing and executing the British government’s public finance and economic policy, is, reportedly, planning to delay the sale of its holdings in Lloyds from spring to autumn 2014.
Mobile banking third most popular use of smartphones in UK
Mobile banking is the third most popular use of smartphones in the UK, with 42% of smartphone owners using mobile banking, according to research by Consumer Intelligence.
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Customers Bancorp plans to launch new mobile bank
Customers Bancorp, a Pennsylvania-based bank with assets worth $4.2bn, is planning to launch a new mobile bank that will be one of Americas first virtual banks to be built on mobile platform.
Emirates Islamic launches zero remittance fee campaign
UAE-based Emirates Islamic has launched a new zero remittance fee campaign for company accounts in retail and business banking.
JPMorgan Chase plans additional job cuts in mortgage business: Report
JPMorgan Chase is, reportedly, planning to implement additional job cuts in its mortgage division, due to reduced demand for mortgage refinancing activities.
CaixaBank selects Morpho to offer NFC m-payments service
Spain-based CaixaBank has selected Morpho (Safran) to use its trusted service management (TSM) system for mobile payments made through near field communication (NFC).
Kiwibank plans to deploy new core banking platform from SAP
New Zealand-based Kiwibank is planning to invest $100m over a period of three-four years to deploy a new core banking platform from SAP.