All articles by Verdict Staff

Verdict Staff

Loop releases new secure mobile wallet app for US consumers

Loop, a smartphone-enabled commerce technology accepted at virtually every retail point-of-sale terminal, has launched its LoopWallet app to US consumers, making mobile as their primary payment channel.

NatWest and RBS unveil mobile savings account opening app

British lenders NatWest and RBS have rolled out a new mobile savings account opening application, which will give instant access to open savings account in five minutes on their mobile.

Capital One acquires certain stake in clearXchange to boost payment options

Capital One, a US-based financial holding company, has acquired a certain stake in clearXchange network, in an effort to expand payment options for customers.

Lloyds to float TSB on London Stock Exchange: Report

Lloyds Banking Group is planning to float its 631-branch subsidiary, TSB, on London Stock Exchange (LSE), amid fears over an independent Scotland, according to The Telegraph.

Standard Chartered may offload its subprime-lending businesses in Hong Kong-Report

British lender Standard Chartered is, reportedly, planning to offload its Hong Kong-based PrimeCredit Business, which may yield in between $500m to $700m for the bank.

Bangkok Bank Upgrades Mobile Banking

The global trend for the retail financial service sector is for an ‘everywhere banking’ landscape. The demand for mobile banking – like mobile services in general – is growing at an exponential rate, especially in the Asia Pacific region, writes Serge van Dam, segment leader of digital channels at Fiserv

Tesco Bank opens seven million accounts, to launch new current account in H1

UK’s Tesco Bank has opened its seven millionth customer account and is gearing up to launch a new current account product during the first half of 2014.

Standard Chartered to finalise sale of retail business in Lebanon: Report

London-based Standard Chartered Bank is, reportedly, set to finalise a decision on divesting its retail banking business in Lebanon, following the submission of final bids from the remaining two potential bidders.

Barclaycard to launch new mobile point of sale solution

Barclaycard is set to roll out its latest mobile point of sale (POS) solution, designed to enable SMEs take secure, on-the-spot payments to improve their cash flow and grow their business.

Paragon Group establishes new bank for UK consumers and SMEs

Paragon Group, a UK-based credit and financial services business, has launched its banking business following approval from the UK’s Prudential Regulation Authority (PRA).