All articles by Verdict Staff
Verdict Staff
Online insurer Zurich Connect adds MyBank payment system to site
Zurich Connect, an Italy-based online insurance firm, has added the MyBank payment system to its website, allowing customers to pay their insurance premiums through online and mobile banking safely through their banks.
Six countries with IBF to attain 50% market share by 2020: GIFR 2013
Around six countries across the globe with Islamic Banking and finance (IBF) will attain a market share of at least 50% or more out of the total financial sector in their respective nations by 2020, according to Global Islamic Finance Report (GIFT) 2013 by Edbiz Consulting.
NatWest and RBS partner with Post Office to extend banking services in UK
NatWest and Royal Bank of Scotland (RBS) have partnered with Post Office, allowing its customers to perform banking operations at any of the Post Offices 11,500 branches in the UK.
DBS Bank plans to increase retail deposit base in India: Reports
Singapore-based DBS Bank is, reportedly, planning to increase its retail deposit base in India from current INR2.5bn ($40.2m) to INR83bn ($1.33bn).
Mashreq launches new Step-Up Saver savings scheme
Mashreq, a UAE-based financial institution, has launched a new saving scheme, Step-Up Saver, which allows customers to get best returns on 18-month fixed deposit by increasing the rate of interest to 4% in the final month.
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BBVA to acquire Simple to boost digital banking footprint
Spain’s Banco Bilbao Vizcaya Argentaria (BBVA) has reached an agreement to purchase US digital banking start-up Simple, in a $117m cash transaction.
Emirates NDB selects NCR to transform banking experience for customers
UAE-based retail bank Emirates NBD has awarded a five-year, multimillion-dollar agreement with NCR to implement its new software platforms and retail banking solutions, to boost its services in the country.
Lloyds plans new mini-branches with more machines: Report
Lloyds Banking Group is, reportedly, planning to establish new mini-branches across London with more machines and less employees, according to City AM.
Bank of Lanzhou in China deploys OKI biometric ATMs
China-based Bank of Lanzhou has installed OKI biometric ATMs that use finger vein biometric authentication technology, to combat forgery and identity fraud cases.
RBS plans to cut more than 20,000 jobs: Report
Royal Bank of Scotland (RBS) is, reportedly, set to cut more than 20,000 jobs in the years ahead, as part of CEO Ross McEwans strategy to return RBS to profitability while lowering operational cost.